Note 6 – Cash and Cash Equivalents | Financial Statements | Reserve Bank of Australia Annual Report – 2017

Reserve Bank of Australia Annual Report – 2017 Financial Statements Note 6 – Cash and Cash Equivalents

	2017 $M	2016 $M
Cash	42	31
Overnight settlements	179	336
As at 30 June	221	367

Reconciliation of net cash used in operating activities to Net Profit	Note	2017 $M	2016 $M
Net Profit/(Loss)		(897)	2,883
Increase/(decrease) in interest payable		23	11
Net loss/(gain) on overseas investments	2	169	(68)
Net loss/(gain) on Australian dollar securities	2	400	229
Net loss/(gain) on foreign currency	2	1,288	(1,821)
Decrease/(increase) in income accrued on investments		(210)	–
Cash collateral received/(pledged)		3,437	(3,002)
Depreciation of property, plant and equipment	2	41	34
Amortisation of computer software	2	10	5
Net payments for investments		(35,984)	(1,194)
Other		33	19
Net cash used in operating activities		(31,690)	(2,904)

Cash and cash equivalents include net amounts of $179 million owed to the RBA for overnight clearances of financial transactions through the payments system ($336 million at 30 June 2016). Other cash and cash equivalents include NPA's bank deposits.

Cash and cash equivalents exclude Australian and foreign short-term investments held to implement monetary policy or as part of Australia's foreign reserve assets. These investments are disclosed as Australian dollar investments and foreign currency investments, respectively; further detail is disclosed in Note 15.