Note 6 – Cash and Cash Equivalents | Financial Statements | Reserve Bank of Australia Annual Report – 2018

Reserve Bank of Australia Annual Report – 2018 Financial Statements Note 6 – Cash and Cash Equivalents

	2018 $M	2017 $M
Cash	51	42
Overnight settlements	322	179
As at 30 June	373	221

Reconciliation of net cash used in operating activities to Net Profit	Note	2018 $M	2017 $M
Net profit/(loss)		3,847	(897)
(Decrease)/increase in interest payable		(20)	23
Net loss on overseas investments	2	99	169
Net loss on Australian dollar securities	2	160	400
Net (gain)/loss on foreign currency	2	(3,261)	1,288
Decrease/(increase) in income accrued on investments		130	(210)
Cash collateral (provided)/received		(1,502)	3,437
Depreciation of property, plant and equipment	2	47	41
Amortisation of computer software	2	17	10
Net payments for investments		11,003	(35,984)
Other		3	33
Net cash used in operating activities		10,523	(31,690)

Cash and cash equivalents include net amounts of $322 million owed to the RBA for overnight clearances of financial transactions through the payments system ($179 million at 30 June 2017). 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.