Annual Report 2016

Report - March 2017 - No. 3

Authors Danmarks Nationalbank
Subject About Denmark´s Nationalbank; Accounts; Organisation of Denmarks Nationalbank
Type Report
Year 2017
Published 15 March 2017
Danmarks Nationalbank's accounts for 2016 show a profit of kr. 3.9 billion corresponding to an increase of kr. 0.3 billion compared to the previous year. The increase mainly reflects capital gains on the gold stock, income from sales of fixed assets and gains on the financial portfolios. Exchange rate adjustments and deposits at negative interest rates have a downward impact on the profit. Danmarks Nationalbank transfers kr. 845 million to the central government, while the rest of the profit is transferred to Danmarks Nationalbank's General Reserves.