|
Royal Monetary
Authority of Bhutan |
|
Statement of Comprehensive Income |
|
|
|
|
|
|
|
Particulars |
30-Sep-20 |
|
30-Sep-19 |
|
|
Nu. 000 |
|
Nu. 000 |
|
|
Foreign currency income and expenses |
|
|
|
|
|
Interest income on foreign currency financial assets |
334,599 |
|
529,722 |
|
|
Interest expense on foreign currency financial liabilities |
(176,592) |
|
(153,971) |
|
|
|
|
|
- |
|
|
Net foreign currency income |
158,007 |
|
375,751 |
|
|
|
|
|
|
|
|
Local currency income |
|
|
|
|
|
Interest income on local currency financial assets |
230 |
|
2,645 |
|
|
Interest expense on local currency financial liabilities |
|
|
|
|
|
Net local currency income |
230 |
|
2,645 |
|
|
|
|
|
|
|
|
Net interest income |
158,236 |
|
378,396 |
|
|
|
|
|
|
|
|
Other income |
|
|
|
|
|
Gains on sale of foreign currencies |
7,532 |
|
11,925 |
|
|
Unrealised gain/(loss) of fair value of securities |
-
|
|
64,791 |
|
|
Realised gain/(loss) on sale of securities |
(15,831) |
|
3,624 |
|
|
Commissions and fees |
-
|
|
- |
|
|
Foreign exchange revaluation |
(1,737,601) |
|
1,245,575 |
|
|
Fair Value |
(97,663) |
|
- |
|
|
Others |
1,461 |
|
745 |
|
|
Less: commissions paid |
|
|
- |
|
|
Net other income |
(1,842,103) |
|
1,326,660 |
|
|
|
|
|
|
|
|
Total net operating income |
(1,683,867) |
|
1,705,056 |
|
|
|
|
|
|
|
|
Expenses |
|
|
|
|
|
Cost of banknote printing |
(6,771) |
|
(14,698) |
|
|
Personnel expenses |
(46,379) |
|
(70,998) |
|
|
Administrative expenses |
(13,128) |
|
(34,093) |
|
|
Total operating expenses |
(66,278) |
|
(119,789) |
|
|
|
|
|
|
|
|
Net profit for year |
(1,750,145) |
|
1,585,267 |
|
|
|
|
|
|
|
|
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 |
(1,750,145) |
|
1,585,267 |
|
|
|
|
|
|
|
|
Profit for distribution |
|
|
|
|
|
|
30-Sep-20 |
|
30-Sep-19 |
|
|
Transfer of equity to MOF |
|
|
- |
|
|
Net profit as per Statement of Comprehensive Income |
(1,750,145) |
|
1,585,267 |
|
|
Transferred to revaluation reserve |
1,835,265 |
|
(1,310,366) |
|
|
Previous unrealised gains/losses recognised in year |
(4,088) |
|
(76) |
|
|
Actuarial (gain)/loss on the employee benefit |
- |
|
- |
|
|
Distributable profit for the year |
81,032 |
|
274,825 |
|
|
|
|
|
|
|
|
|
|
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|