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