Reserve Bank of Australia Annual Report 2011

Cash Flow Statement – For the year ended 30 June 2011
Reserve Bank of Australia and Controlled Entities
This statement meets the requirements of AASB 107 – Cash Flow Statements and the Finance Minister’s Orders
2010–2011. In the RBA’s view, due to the nature of central banking activities, this statement does not shed
additional light on the RBA’s financial results. 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.
2011
Inflow/
(outflow)
$M
2010
Inflow/
(outflow)
$M
Cash flows from operating activities
Interest received on investments 1 975 2 498
Interest received on loans, advances, and on net
overnight settlements balances 42 27
Loan management reimbursement 1 1
Banking service fees received 20 20
Dividends received 4 11
Rents received 8 9
Net payments for and proceeds from investments 2 244 16 548
Interest paid on deposit liabilities (629) (808)
Interest paid on currency note holdings of banks (133) (104)
Staff costs (including redundancy) (174) (155)
Property, plant and equipment (39) (37)
Other (10) (26)
Net cash provided by operating activities 3 309 17 984
Cash flows from investment activities
Net expenditure on property, plant and equipment (25) (56)
Net cash used in investment activities (25) (56)
Cash flows from financing activities
Profit payment to Australian Government (750) (5 227)
Net movement in deposit liabilities (3 483) (13 279)
Net movement in loans and advances 1 1
Net movement in notes on issue 1 300 672
Other 5 (15)
Net cash used in financing activities (2 927) (17 848)
Net increase/(decrease) in cash 357 80
Cash at beginning of financial year 852 772
Cash at end of financial year 1 209 852
These Financial Statements should be read in conjunction with the accompanying notes.
74 Reserve bank of Australia