Royal Monetary Authority of Bhutan
Statement of Comprehensive Income
Particulars 28-Feb-21   29-Feb-20  
Nu. 000   Nu. 000  
Foreign currency income and expenses    
Interest income on foreign currency financial assets       880,331      1,369,880  
Interest expense on foreign currency financial liabilities     (355,168)       (408,429)  
Currency trading gain/(loss)          2,908                    -  
Net foreign currency income       528,071         961,451  
     
Local currency income     
Interest income on local currency financial assets             647            4,359  
Net local currency income             647            4,359  
     
Net interest income       528,718         965,810  
     
Other income    
Gains on sale of foreign currencies         32,928           32,063  
Unrealised gain/(loss) of fair value of securities     (254,648)           61,414  
Realised gain/(loss) on sale of securities         (4,964)            3,699  
Realised gain /(loss) of monetary gold         11,886                    -  
Foreign exchange revaluation   (3,113,682)      1,961,209  
Others          5,452            2,201  
Net other income   (3,323,026)      2,060,585  
     
Total net operating income   (2,794,308)      3,026,395  
         
Expenses    
Cost of banknote printing       (20,867)         (40,450)  
Personnel expenses     (114,057)       (117,667)  
Administrative expenses       (43,933)         (96,068)  
Total operating expenses     (178,857)       (254,185)  
     
Net profit for year   (2,973,166)      2,772,210  
         
Other Comprehensive Income     
Actuarial gain on Staff gratuity Fund                  -                    -  
     
Total Comprehensive Income   (2,973,166)      2,772,210  
     
Profit for distribution    
  28-Feb-21 29-Feb-20  
Net profit as per Statement of Comprehensive Income   (2,973,166)      2,772,210  
Transferred to revaluation reserve    3,368,329     (1,961,209)  
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       463,451         858,832