|
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 |
|
|
|
|
|
|
|
|
|
|
|
|
|