The Fund's Income Position for FY 2015 - Actual Outcome
Policy Papers, September 9, 2015
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- The Fund's Income Position for FY 2015 - Actual Outcome
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Bibliographic details
- Published: September 9, 2015
- Series: Policy Papers
Overview
- Reports the Fund’s income position for FY 2015 following the closing of the Fund’s accounts for the financial year and completion of the external audit.
- Publication date: September 9, 2015.
Key findings
- FY 2015 net income, including income from surcharges, amounted to SDR 1.6 billion.
- This result was about SDR 133 million more than estimated in April.
- The bulk of the difference reflects a smaller net loss in the valuation reported under the revised accounting standard for employee benefits (IAS 19).
Accounting and transfers
- In accordance with decisions taken in April 2015, investment income from the Fixed-Income Subaccount of SDR 84 million has been transferred from the Investment Account to the GRA.
- GRA net income for FY 2015 of SDR 1.5 billion has been placed to the Fund’s reserves.
Reserves and precautionary balances
- The Fund’s precautionary balances reached SDR 14.2 billion at the end FY 2015.
Subjects and classification
- Subject: Financial year, Fund financial position, Net income of Fund
The Fund's Income Position for FY 2015 - Actual Outcome, September 9, 2015
Content in this bundle
- The Fund's Income Position for FY 2015—Actual Outcome; IMF Policy Paper, September 9, 2015