Reserve Bank of Australia Annual Report – 2013 Financial Statements Cash Flow Statement

Cash Flow Statement – for the year ended 30 June 2013
Reserve Bank of Australia and Controlled Entities

This statement meets the requirements of AASB 107 – Cash Flow Statements and the Finance Minister's Orders for Financial Reporting. For the purpose of this statement, cash includes the notes and coin held at the Reserve Bank and overnight settlements balances due from other banks.

Note 2013
Inflow/
(outflow) $M
2012
Inflow/
(outflow) $M
Cash flows from operating activities
Interest received on investments   1,655 1,961
Interest received on loans, advances and on net overnight settlements balances   30 41
Loan management reimbursement   1 1
Banking service fees received   28 23
Dividends received   5 9
Rents received   9 9
Net payments for investments   (11,592) (5,957)
Cash collateral received/(pledged)   (253)
Interest paid on deposit liabilities   (611) (778)
Interest paid on currency note holdings of banks   (89) (123)
Staff costs (including redundancy)   (198) (184)
Premises and equipment   (41) (38)
Other   (28) (24)
Net cash used in operating activities 6 (11,084) (5,060)
Cash flows from investment activities
Proceeds from the sale of Securency   75
Net expenditure on property, plant and equipment   (50) (17)
Net cash provided by investment activities   25 (17)
Cash flows from financing activities
Distribution to the Commonwealth   (500)
Net movement in deposit liabilities   8,183 496
Net movement in loans and advances   1
Net movement in notes on issue   3,348 3,536
Net cash provided by financing activities   11,032 4,032
 
Net increase/(decrease) in cash   (27) (1,045)
Cash at beginning of financial year   164 1,209
 
Cash at end of financial year 6 137 164
The above statement should be read in conjunction with the accompanying notes.