|
Royal Monetary
Authority of Bhutan |
|
Statement of Comprehensive Income |
|
|
|
|
|
|
|
Particulars |
31-Dec-19 |
|
30-Jun-19 |
|
|
Nu. 000 |
|
Nu. 000 |
|
|
Foreign currency income and expenses |
|
|
|
|
|
Interest income on foreign currency financial assets |
1,032,177 |
|
2,237,151 |
|
|
Interest expense on foreign currency financial liabilities |
(309,817) |
|
(563,297) |
|
|
|
|
|
- |
|
|
Net foreign currency income |
722,360 |
|
1,673,854 |
|
|
|
|
|
|
|
|
Local currency income |
|
|
|
|
|
Interest income on local currency financial assets |
3,546 |
|
34,314 |
|
|
Interest expense on local currency financial liabilities |
|
|
|
|
|
Net local currency income |
3,546 |
|
34,314 |
|
|
|
|
|
|
|
|
Net interest income |
725,907 |
|
1,708,168 |
|
|
|
|
|
|
|
|
Other income |
|
|
|
|
|
Gains on sale of foreign currencies |
21,870 |
|
103,859 |
|
|
Unrealised gain/(loss) of fair value of securities |
-
|
|
64,791 |
|
|
Realised gain/(loss) on sale of securities |
3,699 |
|
3,604 |
|
|
Commissions and fees |
-
|
|
- |
|
|
Foreign exchange revaluation |
1,771,171 |
|
271,794 |
|
|
Others |
1,891 |
|
8,189 |
|
|
Less: commissions paid |
|
|
- |
|
|
Net other income |
1,798,632 |
|
452,237 |
|
|
|
|
|
|
|
|
Total net operating income |
2,524,539 |
|
2,160,405 |
|
|
|
|
|
|
|
|
Expenses |
|
|
|
|
|
Cost of banknote printing |
(29,047) |
|
(46,877) |
|
|
Personnel expenses |
(83,099) |
|
(196,495) |
|
|
Administrative expenses |
(53,991) |
|
(110,210) |
|
|
Total operating expenses |
(166,137) |
|
(353,583) |
|
|
|
|
|
|
|
|
Net profit for year |
2,358,402 |
|
1,806,822 |
|
|
|
|
|
|
|
|
Other comprehensive Income |
|
|
|
|
|
Movement in Fair value of securities |
|
|
|
|
|
Total other comprehensive income |
|
|
|
|
|
|
|
|
|
|
|
Total Comprehensive Income for year |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other Comprehensive Income |
|
|
|
|
|
Actuarial gain on Staff gratuity Fund |
-
|
|
(5,510) |
|
|
|
|
|
|
|
|
Total Comprehensive Income |
2,358,402 |
|
1,801,312 |
|
|
|
|
|
|
|
|
Profit for distribution |
|
|
|
|
|
|
31-Dec-19 |
|
30-Jun-19 |
|
|
Transfer of equity to MOF |
|
|
- |
|
|
Net profit as per Statement of Comprehensive Income |
2,358,402 |
|
1,801,312 |
|
|
Transferred to revaluation reserve |
(1,771,171) |
|
(336,585) |
|
|
Previous unrealised gains/losses recognised in year |
47,831 |
|
1,951,197 |
|
|
Actuarial (gain)/loss on the employee benefit |
-
|
|
5,510 |
|
|
Distributable profit for the year |
635,061 |
|
3,421,435 |
|
|
|
|
|
|
|
|
|
|
|
|
|