Reserve Bank of Australia Annual Report – 2003 Financial Statements Note 7 – Loans, Advances and Other Assets
| 2003 $M | 2002 $M | |
|---|---|---|
| Shareholding in Bank for International Settlements | 181 | 76 |
| Officers' Home Advances | 25 | 27 |
| Gold coin | 17 | 19 |
| Investment in Securency | 11 | 5 |
| Other | 21 | 22 |
| As at 30 June | 255 | 149 |
The Reserve Bank of Australia has a 50 per cent share in Securency Pty Ltd, which is incorporated in Victoria Australia, and whose principal activity is the marketing and manufacture of polymer substrate. The capital of Securency as at 30 June 2003 was $36,530,001 ($21,530,001 at 30 June 2002); during 2002/03 the RBA invested $7,500,000 in Securency. The carrying value of the RBA's investment in Securency as at 30 June 2003 was $11,164,670 ($5,001,000 at 30 June 2002). Securency Pty Ltd has a 31 December balance date.
As at 30 June 2003, other assets included receivables of $17.2 million, of which $15.9 million is current.