The Fund's Income Position for FY 2013—Actual Outcome

Policy Papers, August 20, 2013

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The Fund's Income Position for FY 2013—Actual Outcome

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Bibliographic details

• Published: August 20, 2013
• Series: Policy Papers
• Stock No: ISBN

Summary

• This paper reports the Fund’s income position for FY 2013 following the closing of the Fund’s accounts for the financial year and completion of the external audit.
• FY 2013 net income, including income from surcharges, amounted to SDR 2.0 billion, and was in line with the April estimate.
• In accordance with decisions taken in April 2013, a corresponding transfer of currencies has been made from the GRA to the investment account.
• The placement of the net income to the Fund’s reserves has further strengthened the Fund’s precautionary balances, which reached SDR 11.5 billion at the end of FY 2013.

Key statistics and financial outcomes

• FY 2013 net income, including income from surcharges: SDR 2.0 billion
• Precautionary balances at end of FY 2013: SDR 11.5 billion

Operational actions reported

• Completion of the external audit for FY 2013 accounts.
• Transfer of currencies from the General Resources Account (GRA) to the investment account in accordance with decisions taken in April 2013.
• Placement of net income to the Fund’s reserves.

Subject classification

• Financial year
• Fund financial position
• Net income of Fund

The Fund's Income Position for FY 2013—Actual Outcome, August 20, 2013

Content in this bundle

• The Fund's Income Position for FY 2013--Actual Outcome; IMF Policy Paper; August 19, 2013
  • The Fund's Income Position for FY 2013--Actual Outcome; IMF Policy Paper; August 19, 2013 (Markdown version)
  • The Fund's Income Position for FY 2013--Actual Outcome; IMF Policy Paper; August 19, 2013 (PDF)