My links
THE CNB TEN-DAY BALANCE SHEET - commentary
ASSETS
Reserves in gold ingots, embossed and other gold. Gold is valued at historical cost and for the purpose of calculating international reserves is valued at market price.
The membership deposit, the reserve position, funds in Special Drawing Rights (SDR) and loans provided to the IMF. The membership quota at the IMF consists of the membership deposit and the reserve position. The membership deposit is converted into CZK at a rate set by the IMF. The reserve position is calculated as the difference between the membership quota and the sum of CZK held by the IMF.
Current accounts and deposit accounts with foreign banks and other international financial institutions, as well as collateral in the form of funds received under contracts on derivative transactions. These assets are part of international reserves.
Purchased securities classified as available for sale bonds and stocks classified in the portfolio valued at fair value through profit or loss, as well as bonds provided as collateral. These assets are part of international reserves.
Loans provided to foreign banks and other international financial institutions outside the IMF (usually based on reverse repos) and foreign notes and coins. These assets are part of international reserves.
Receivables from domestic banks
Loans provided to domestic banks (usually based on reverse repo transactions) and collateral provided in switch collateral transactions.
Claims on the state.
Tangible and intangible assets
Tangible and intangible assets at residual cost, advances provided for property acquisition, and collections of precious-metal coins.
Stocks and shares in companies in which CNB has no control, and membership in such companies (such as the ECB, BIS and SWIFT).
Securities valuation differences
Negative valuation differences arising from the revaluation of available for sale securities to fair value, and exchange rate losses from the recalculation of the capital and shares of the ECB and SWIFT.
Advances provided on issued guarantees, raw material inventory, claims on employees and customers, positive fair values of fixed term transactions, accrual accounts and other temporary active accounts. This item also includes loans to former banks connected with the consolidation of the banking sector. The value of these claims is reported together with adjustments.
LIABILITIES
Issued Czech banknotes and coins held by commercial banks and the public.
Deposits in CZK and the long-term commitment to the IMF connected with SDR allocations.
Loans from foreign banks and other foreign financial institutions outside the IMF, usually based on repo transactions.
Liabilities to foreign banks and other foreign financial institutions as deposits and collateral received in the form of funds received under contracts on derivatives transactions.
Loans received from domestic banks, usually based on repo transactions with CNB bills (or other eligible securities) as collateral, and other loans received from domestic banks.
Deposits of domestic banks held on CNB interbank settlement system accounts and balances on accounts for cash deposit and withdrawal operations.
Other liabilities to domestic banks
Other deposits from domestic banks in connection with automatic facilities for depositing liquidity overnight, including collateral received in cash for repo transactions in the form of collateral switch transactions.
Liabilities to the state and other public institutions
The Single Treasury Account under Article 33 of the Budgetary Rules (Act No. 218/2000 Coll.), state funds, other extra-budgetary resources of the state, deposits from the EU, and other liabilities to other public institutions.
Other liabilities, notably to the European Commission, deposits and liabilities to employees, liabilities to suppliers, advances received in connection with a state guarantee, accrual liability accounts, and other temporary passive accounts.
Reserves to cover existing liabilities.
Equity capital and reserve funds created from profits.
Securities valuation differences
Revaluation account related to price movement for securities, and capital of the ECB and SWIFT.
Retained profits (accumulated losses)
Accumulated losses from previous years.
Profit (loss) for the accounting period
Profit or loss for the current year.