|
Royal Monetary
Authority of Bhutan |
|
Statement of Comprehensive Income |
|
|
|
|
|
|
|
Particulars |
30-Jun-20 |
|
30-Jun-19 |
|
|
Nu. 000 |
|
Nu. 000 |
|
|
Foreign currency income and expenses |
|
|
|
|
|
Interest income on foreign currency financial assets |
1,955,433 |
|
2,237,151 |
|
|
Interest expense on foreign currency financial liabilities |
(660,697) |
|
(563,297) |
|
|
|
|
|
- |
|
|
Net foreign currency income |
1,294,735 |
|
1,673,854 |
|
|
|
|
|
|
|
|
Local currency income |
|
|
|
|
|
Interest income on local currency financial assets |
8,039 |
|
34,314 |
|
|
Interest expense on local currency financial liabilities |
|
|
|
|
|
Net local currency income |
8,039 |
|
34,314 |
|
|
|
|
|
|
|
|
Net interest income |
1,302,775 |
|
1,708,168 |
|
|
|
|
|
|
|
|
Other income |
|
|
|
|
|
Gains on sale of foreign currencies |
60,078 |
|
103,859 |
|
|
Unrealised gain/(loss) of fair value of securities |
-
|
|
64,791 |
|
|
Realised gain/(loss) on sale of securities |
3,699 |
|
3,604 |
|
|
Commissions and fees |
72,198 |
|
- |
|
|
Foreign exchange revaluation |
5,354,931 |
|
271,794 |
|
|
Others |
26,170 |
|
8,189 |
|
|
Less: commissions paid |
|
|
- |
|
|
Net other income |
5,517,077 |
|
452,237 |
|
|
|
|
|
|
|
|
Total net operating income |
6,819,851 |
|
2,160,405 |
|
|
|
|
|
|
|
|
Expenses |
|
|
|
|
|
Cost of banknote printing |
(52,060) |
|
(46,877) |
|
|
Personnel expenses |
(212,185) |
|
(196,495) |
|
|
Administrative expenses |
(179,487) |
|
(110,210) |
|
|
Total operating expenses |
(443,732) |
|
(353,583) |
|
|
|
|
|
|
|
|
Net profit for year |
6,376,119 |
|
1,806,822 |
|
|
|
|
|
|
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Other comprehensive Income |
|
|
|
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Movement in Fair value of securities |
|
|
|
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Total other comprehensive income |
|
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Total Comprehensive Income for year |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
Other Comprehensive Income |
|
|
|
|
|
Actuarial gain on Staff gratuity Fund |
(5,252) |
|
(5,510) |
|
|
|
|
|
|
|
|
Total Comprehensive Income |
6,370,867 |
|
1,801,312 |
|
|
|
|
|
|
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Profit for distribution |
|
|
|
|
|
|
30-Jun-20 |
|
30-Jun-19 |
|
|
Transfer of equity to MOF |
|
|
- |
|
|
Net profit as per Statement of Comprehensive Income |
6,370,867 |
|
1,801,312 |
|
|
Transferred to revaluation reserve |
(5,354,931) |
|
(336,585) |
|
|
Previous unrealised gains/losses recognised in year |
748,204 |
|
1,951,197 |
|
|
Actuarial (gain)/loss on the employee benefit |
5,252 |
|
5,510 |
|
|
Distributable profit for the year |
1,769,392 |
|
3,421,435 |
|
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