Royal Monetary Authority of Bhutan
Statement of Comprehensive Income
Particulars 31-Aug-20   31-Aug-19  
Nu. 000   Nu. 000  
Foreign currency income and expenses        
Interest income on foreign currency financial assets             215,134          371,057  
Interest expense on foreign currency financial liabilities           (118,469)         (105,738)  
                      -  
Net foreign currency income               96,665          265,319  
   
Local currency income   
Interest income on local currency financial assets                   149                 976  
Interest expense on local currency financial liabilities  
Net local currency income                   149                 976  
   
Net interest income               96,813          266,295  
   
Other income  
Gains on sale of foreign currencies                4,954            10,242  
Unrealised gain/(loss) of fair value of securities                        -            17,146  
Realised gain/(loss) on sale of securities                  (215)              2,206  
Commissions and fees                        -                     -  
Foreign exchange revaluation         (2,209,944)       2,045,494  
Fair Value             (84,082)                     -  
Others                   955              1,751  
Less: commissions paid                     -  
Net other income         (2,288,332)       2,076,839  
   
Total net operating income         (2,191,519)       2,343,134  
         
Expenses  
Cost of banknote printing               (3,709)            (5,018)  
Personnel expenses             (33,405)           (30,314)  
Administrative expenses               (6,719)           (18,135)  
Total operating expenses             (43,832)           (53,467)  
   
Net profit for year         (2,235,351)       2,289,666  
   
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                        -  
   
Total Comprehensive Income         (2,235,351)       2,289,666  
         
Profit for distribution  
  31-Aug-20 31-Aug-19  
Transfer of equity to MOF                     -  
Net profit as per Statement of Comprehensive Income         (2,235,351)       2,289,666  
Transferred to revaluation reserve          2,294,026      (2,062,640)  
Previous unrealised gains/losses recognised in year                        -                      -  
Actuarial (gain)/loss on the employee benefit                        -                      -  
Distributable profit for the year               58,674          227,026