|
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 |
|
|
|
|
|
|
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