Royal Monetary Authority of Bhutan
Statement of Comprehensive Income
Particulars 31-Jul-20   31-Jul-19  
Nu. 000   Nu. 000  
Foreign currency income and expenses        
Interest income on foreign currency financial assets             102,708          181,227  
Interest expense on foreign currency financial liabilities             (58,828)           (53,427)  
                      -  
Net foreign currency income               43,880          127,799  
   
Local currency income   
Interest income on local currency financial assets                     73                 468  
Interest expense on local currency financial liabilities  
Net local currency income                     73                 468  
   
Net interest income               43,953          128,267  
   
Other income  
Gains on sale of foreign currencies                1,908              7,606  
Unrealised gain/(loss) of fair value of securities                        -             64,791  
Realised gain/(loss) on sale of securities                        -                  916  
Commissions and fees                        -                      -  
Foreign exchange revaluation           (676,158)         (147,786)  
Others                   671                 505  
Less: commissions paid                     -  
Net other income           (673,579)           (73,968)  
   
Total net operating income           (629,626)            54,299  
         
Expenses  
Cost of banknote printing               (3,709)               (126)  
Personnel expenses             (21,199)           (17,437)  
Administrative expenses               (3,227)            (2,596)  
Total operating expenses             (28,135)           (20,159)  
   
Net profit for year           (657,761)            34,140  
   
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           (657,761)            34,140  
         
Profit for distribution  
  31-Jul-20 31-Jul-19  
Transfer of equity to MOF                     -  
Net profit as per Statement of Comprehensive Income           (657,762)            34,140  
Transferred to revaluation reserve             676,158            82,995  
Previous unrealised gains/losses recognised in year                        -                      -  
Actuarial (gain)/loss on the employee benefit                        -   
Distributable profit for the year               18,396          117,135