|
Royal Monetary
Authority of Bhutan |
|
|
Statement of Comprehensive Income |
|
|
|
|
|
|
|
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|
Particulars |
31-Dec-20 |
|
31-Dec-19 |
|
|
|
Nu. 000 |
|
Nu. 000 |
|
|
|
Foreign currency income and expenses |
|
|
|
|
|
|
Interest income on foreign currency financial assets |
700,030 |
|
1,032,177 |
|
|
|
Interest expense on foreign currency financial liabilities |
(309,686) |
|
(309,817) |
|
|
|
Net foreign currency income |
390,628 |
|
722,360 |
|
|
|
|
|
|
|
|
|
|
Local currency income |
|
|
|
|
|
|
Interest income on local currency financial assets |
492 |
|
3,546 |
|
|
|
Net local currency income |
492 |
|
3,546 |
|
|
|
|
|
|
|
|
|
|
Net interest income |
391,120 |
|
725,907 |
|
|
|
|
|
|
|
|
|
|
Other income |
|
|
|
|
|
|
Gains on sale of foreign currencies |
20,744 |
|
21,870 |
|
|
|
Unrealised gain/(loss) of fair value of securities |
(134,218) |
|
- |
|
|
|
Realised gain/(loss) on sale of securities |
(26,359) |
|
3,699 |
|
|
|
Realised gain or (loss) on sale of monetary gold |
9,779 |
|
- |
|
|
|
Foreign exchange revaluation |
(2,100,189) |
|
1,771,171 |
|
|
|
Fair value |
3,228 |
|
- |
|
|
|
Others |
- |
|
1,891 |
|
|
|
Net other income |
(2,227,016) |
|
1,798,632 |
|
|
|
|
|
|
|
|
|
|
Total net operating income |
(1,835,896) |
|
2,524,539 |
|
|
|
|
|
|
|
|
|
|
Expenses |
|
|
|
|
|
|
Cost of banknote printing |
(17,314) |
|
(29,047) |
|
|
|
Personnel expenses |
(85,701) |
|
(83,099) |
|
|
|
Administrative expenses |
(32,023) |
|
(53,991) |
|
|
|
Total operating expenses |
(135,037) |
|
(166,137) |
|
|
|
|
|
|
|
|
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Net profit for year |
(1,970,934) |
|
2,358,402 |
|
|
|
|
|
|
|
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Other Comprehensive Income |
|
|
|
|
|
|
Actuarial gain on Staff gratuity Fund |
- |
|
- |
|
|
|
|
|
|
|
|
|
|
Total Comprehensive Income |
(1,970,934) |
|
2,358,402 |
|
|
|
|
|
|
|
|
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|
Profit for distribution |
|
|
|
|
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|
31-Dec-20 |
|
31-Dec-19 |
|
|
|
Net profit as per Statement of Comprehensive Income |
(1,970,934) |
|
2,358,402 |
|
|
|
Transferred to revaluation reserve |
2,234,408 |
|
(1,771,171) |
|
|
|
Previous unrealised gains/losses recognised in year |
68,288 |
|
47,831 |
|
|
|
Adjustments on effects of transition to BAS |
- |
|
- |
|
|
|
Actuarial (gain)/loss on the employee benefit |
- |
|
- |
|
|
|
Distributable profit for the year |
331,761 |
|
635,061 |
|
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