Note 6 – Cash and Cash Equivalents | Reserve Bank of Australia Annual Report – 2020

Reserve Bank of Australia Annual Report – 2020 Financial Statements Note 6 – Cash and Cash Equivalents

	2020 $M	2019 $M
Cash	39	42
Overnight settlements	477	1,209
As at 30 June	516	1,251

Cash and cash equivalents include net amounts of $477 million owed to the RBA for overnight clearances of financial transactions through the payments system ($1,209 million at 30 June 2019). 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.

Reconciliation of net cash used in operating activities to Net Profit	Note	2020 $M	2019 $M
Net Profit		2,488	4,549
Net (gain)/loss on overseas investments	2	(212)	(166)
Net (gain)/loss on Australian dollar securities	2	435	17
Net (gain)/loss on foreign currency	2	(1,312)	(3,182)
Depreciation of property, plant and equipment	2	52	47
Amortisation of computer software	2	24	21
Net payments for investments		(96,150)	9,334
(Increase)/decrease in interest receivable		(293)	72
Increase/(decrease) in interest payable		(37)	(24)
Cash collateral received/(provided)		1,018	(646)
Other		10	(9)
Net cash used in operating activities		(93,977)	10,013