Reserve Bank of Australia Annual Report – 2021 Financial Statements Note 6 – Cash and Cash Equivalents

	2021 $M	2020 $M
Cash	17	39
Overnight settlements	704	477
As at 30 June	721	516

Cash and cash equivalents include net amounts of $704 million owed to the RBA for overnight clearances of financial transactions through the payments system ($477 million at 30 June 2020). 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	2021 $M	2020 $M
Net Profit		(4,332)	2,488
Net (gain)/loss on overseas investments	2	107	(212)
Net (gain)/loss on Australian dollar securities	2	5,154	435
Net (gain)/loss on foreign currency	2	3,228	(1,312)
Depreciation of property, plant and equipment	2	52	52
Amortisation of computer software	2	21	24
Net payments for investments		(267,996)	(96,150)
(Increase)/decrease in interest receivable		(911)	(293)
Increase/(decrease) in interest payable		(16)	(37)
Cash collateral received/(provided)		132	1,018
Other		(9)	10
Net cash used in operating activities		(264,570)	(93,977)