The BIS publishes 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 semi-annual financial statements as at 30 September each year.
The BIS balance sheet amounted to SDR 265 billion at 30 September 2009, and increase of SDR 10 billion since its financial year end in March 2009.
Liabilities
The size of the BIS balance sheet is in normal circumstances driven by placements from customers. On 30 September 2009, customer placements (excluding repurchase agreements) amounted to SDR 214.2 billion, compared with SDR 220.3 billion at the previous financial year end in March 2009.
Around 86% of customer placements are denominated in currencies, with the remainder in gold. Currency deposits decreased from SDR 197.2 billion at 31 March 2009 to SDR 183.8 billion at end-September 2009. The share of currency placements denominated in US dollars was 69%, whereas euro-denominated funds accounted for 20%. Gold deposits amounted to SDR 30.4 billion at end-September 2009, an increase of SDR 7.4 billion over the six-month period.
Assets
The assets held by the BIS consist of government and quasi-government securities, reverse repurchase agreements and, to a lesser extent than in the previous financial year, investments with highly rated commercial banks of international standing. In addition, the Bank owned 120 tonnes of fine gold at 30 September 2009. The credit exposure is managed in a very prudent manner, with more than 98% of the Bank's credit exposure rated A- or higher as at 30 September 2009.
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.