Reserve Bank of Australia Annual Report 2011

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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
Cash Flow Statement – For the year ended 30 June 2011 (continued) Reserve Bank of Australia and Controlled Entities Reconciliation of Cash Note 2011 $M Cash 22 8 Overnight settlements systems 6 1 187 844 2010 $M 1 209 852 Reconciliation of net cash provided by operating activities to Net Profits in terms of the Reserve Bank Act 1959 Note 2011 $M Net Profit (4 889) (2 928) Increase/(decrease) in interest payable 13 (7) Net loss/(gain) on overseas investments 2 94 (416) Net loss/(gain) on Australian dollar securities 2 26 (75) Net loss/(gain) on foreign currency 2 5 666 4 273 Decrease/(increase) in income accrued on investments (25) 544 Depreciation of property 8 8 9 Depreciation of plant and equipment 8 18 17 Net payments for and proceeds from investments 2 399 16 559 Other (1) 8 Net cash provided by operating activities 3 309 17 984 2010 $M These Financial Statements should be read in conjunction with the accompanying notes. Annual report 2011 | financial statements 75
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RESERVE BANK OF AUSTRALIA ANNUAL RE
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© Reserve Bank of Australia 2011.
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The banking and payments group cont
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4 Reserve bank of Australia
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Audit Committee The objectives of t
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Roger Corbett AO Member since 2 Dec
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Committee’s questioning of the Ba
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The Reserve Bank hosts regular conf
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Reserve Bank Balance Sheet $ billio
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Days 120 100 80 60 40 20 0 Australi
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sovereign debt crisis in Europe and
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Page 28 and 29: M 250 200 150 100 50 by other users
Page 30 and 31: about 10 per cent less than in 2007
Page 32 and 33: 28 Reserve bank of Australia
Page 34 and 35: % Value of Banknotes on Issue Per c
Page 36 and 37: ppm 20 15 10 5 0 04/05 Source: RBA
Page 40 and 41: countries), the main international
Page 42 and 43: appropriate fee; the committed amou
Page 44 and 45: Economic activity in most EMEAP eco
Page 48 and 49: Staff in the State Offices also pla
Page 50 and 51: The Reserve Bank continued to provi
Page 54 and 55: No 50 40 30 20 10 counterfeit exami
Page 56 and 57: expected to reduce energy and water
Page 58 and 59: 4 3 2 1 0 and Securency Internation
Page 60 and 61: 40 20 Credit Exposure Per cent of b
Page 62 and 63: lost. The centrepiece of these arra
Page 64 and 65: The Reserve Bank follows commercial
Page 66 and 67: 62 Reserve bank of Australia Underl
Page 68 and 69: The Reserve Bank is committed to th
Page 74 and 75: Balance Sheet - As at 30 June 2011
Page 76 and 77: Statement of Distribution - For the
Page 80 and 81: Notes to and Forming Part of the Fi
Page 82 and 83: Interest on fixed coupon securities
Page 84 and 85: Sell repurchase agreements Securiti
Page 86 and 87: Balances of asset revaluation reser
Page 88 and 89: Note 2 - Net Profits Interest reven
Page 90 and 91: Note 4 - Interest Revenue and Inter
Page 92 and 93: Note 6 - Cash and Cash Equivalents
Page 94 and 95: Note 10 - Other Liabilities Provisi
Page 96 and 97: As at 30 June 2011 and 30 June 2010
Page 98 and 99: Accounting Valuation For financial
Page 100 and 101: Note 14 - Superannuation Funds (Con
Page 102 and 103: Market Risk Market risk is the risk
Page 104 and 105: Credit Risk Credit risk is the pote
Page 106 and 107: Liquidity Risk Liquidity risk is th
Page 108 and 109: Maturity Analysis - As at 30 June 2
Page 110 and 111: As at 30 June 2011 One $M Level Two
Page 112 and 113: Auditor-General for Australia Austr
Page 116 and 117: Organisational Chart August 2011 Re
Page 118 and 119: Banking and Payments Group Assistan
Page 120: Glossary ACC Asian Consultative Cou
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Reserve Bank of Australia Annual Report 2011

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