Reserve Bank of Australia Annual Report – 2005 Financial Statements Note 7
Note 7 LOANS, ADVANCES AND OTHER ASSETS
| 2005 $M | 2004 $M | ||
|---|---|---|---|
| Shareholding in Bank for International Settlements | 241 | 216 | |
| Officers' Home Advances | 21 | 23 | |
| Gold coin | 19 | 19 | |
| Investment in Securency | 14 | 11 | |
| Other | 21 | 28 | |
| As at 30 June | 316 | 297 |
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 2005 was $36,530,001. The carrying value of the RBA's investment in Securency as at 30 June 2005 was $13,703,684 ($11,484,170 at 30 June 2004). Securency has a 31 December balance date.
As at 30 June 2005, other assets included receivables of $15.8 million, of which $12.2 million is current (at 30 June 2004 other assets included receivables of $15.1 million, of which $11 million was current).