Last update 7 December 2011
The BIS publishes audited annual financial statements as at 31 March each year in its Annual Report, which provides a comprehensive overview and analysis of the Bank's balance sheet and profit and loss account, together with other financial, capital adequacy and risk management disclosures in line with international accounting frameworks. It also publishes unaudited semi-annual financial statements as at 30 September each year.
The BIS balance sheet amounted to SDR 249.6 billion at 30 September 2011, a decrease of SDR 11.5 billion since its financial year end in March 2011.
Liabilities
The size of the BIS balance sheet is in normal circumstances driven by placements from customers. On 30 September 2011, customer placements (excluding repurchase agreements) amounted to SDR 210.6 billion, compared with SDR 228.3 billion at the previous financial year end in March 2011.
Around 90% of customer placements are denominated in currencies, with the remainder in gold. Currency deposits decreased from SDR 207.1 billion at 31 March 2011 to SDR 189.4 billion at end-March 2011. The share of currency placements denominated in US dollars was 61%, whereas euro-denominated funds accounted for 23%. Gold deposits amounted to SDR 21.1 billion at end-September 2011, a decrease of SDR 0.1 billion over the six-month period.
Assets
The assets held by the BIS consist of government and quasi-government securities, reverse repurchase agreements and investments with highly rated commercial banks of international standing. In addition, the Bank owned 116 tonnes of fine gold at 30 September 2011. The Bank manages its credit exposure in a prudent manner, with more than 99% of the Bank's credit exposure rated A- or higher as at 30 September 2011.
Statement of Account
The Statement of Account gives a current overview of the Bank's assets, liabilities and equity. It is produced monthly, as required by Article 49 of the Bank's Statutes.
