ROYAL MONETARY AUTHORITY
INCOME & EXPENDITURE STATEMENT
(Amount in Nu.)
PARTICULARS		Sch	30-Jun-12	30-Jun-11
INCOME
	INTEREST ON FOREIGN INVESTMENT	1	806,120,624.25	614,202,244.89
	INTEREST ON RUPEE INVESTMENT	2	6,916,856.00	77,800,639.00
	INTEREST ON STAFF LOANS	3	825,320.46	891,983.56
	INTEREST RECEIVED ON DOMESTIC INVESTMENT	4	41,377.52	40,020.96
	ROYALTY FROM COMMEMORATIVE COINS	5	641,838.48	559,083.01
	GAIN OR LOSS ON SALE OF FOREIGN CURRENCIES	6	19,835,261.64	13,452,929.86
	COMMISSION AND FEES RECEIVED	7	5,497,456.64	3,597,623.61
	INCOME FROM OTHER SOURCES	9	66,208,232.55	22,375,323.76
	OTHER INCOME	10	14,868,410.26	5,899,076.30
	PENALTIES AND CHARGES RECEIVED	40	-	755,000.00
Total Operating Income			920,955,377.80	739,573,924.95
EXPENSES
	INTEREST EXPENSES ON FOREIGN BORROWINGS	11	53,405,758.07	40,737,725.00
	COMMISSION AND FEES PAID, FOREIGN BANKS	15	2,284,919.12	2,512,126.10
	COMMISSION AND FEES PAID, DOMESTIC BANKS	16	91,075.71	284,250.34
	SECURITY PRINTING AND MINTING	19	44,376,754.65	44,086,757.98
	SALARIES & WAGES	20	39,211,910.50	33,624,489.00
	ALLOWANCES	21	2,596,732.00	3,964,533.00
	OTHER STAFF COST	22	15,356,769.54	20,735,290.39
	STAFF SUPER ANNUATION FUND	23	11,732,494.42	15,353,176.58
	DIRECTOR'S FEES & EXPENSES	24	372,622.50	290,320.00
	AUDITORS' FEES & EXPENSES	25	243,364.00	273,140.00
	RENT & INSURANCE	26	420,930.00	289,127.00
	ELECTRICITY, WATER AND OTHER CHARGES	27	946,561.32	804,769.00
	POSTAGE & TELECOMMUNICATIONS	28	3,988,750.14	4,897,944.58
	REMITTANCES OF NOTES AND COINS	29	963,969.00	1,906,373.00
	STATIONERY & SUPPLIES	30	1,343,404.10	1,618,784.19
	PUBLICATIONS	31	685,905.00	595,538.00
	COMPUTER SOFTWARE	32	-	7,909,718.13
	AGENCY & CONTRACTUAL SERVICES	33	4,903,531.00	2,500,000.00
	MISCELLANEOUS EXPENSES	34	26,033,328.84	5,479,244.57
	DEPRECIATIONS	35	28,995,502.98	10,641,799.46
	REPAIRS & MAINTENANCE	36	2,871,256.20	3,670,900.99
	WRITE OFF - FIXED ASSETS	37	301,333.07	39,096.00
Total Operating Expenses			241,126,872.16	202,215,103.31
	SURPLUS / (DEFICIT)		679,828,505.64	537,358,821.64
	LESS:
	TRANSFERRED TO SPECIAL RESERVES ( NET EARNINGS ON DEPOSIT OF Kuwait Central Bank)		(13,174,862.18)	(3,934,572.86)
	COST OF MONETARY POLICY TOOLS		(683,522,170.77)	(303,287,247.58)
	PRIOR PERIOD ADJUSTMENT		(10,162,998.16)	-
Profit / Loss Transfer To Balance Sheet			(27,031,525.47)	230,137,001.20