Bank of Japan : Financial Statements for the 135th Fiscal Year/Fiscal 2019

May 27, 2020

Bank of Japan

Financial Statements for the 135th Fiscal Year/Fiscal 2019

1. Balance Sheet as at the End of the 135th Fiscal Year/Fiscal 2019 (March 31, 2020)

yen

Item
ASSETS
Gold	441,253,409,037
Cash	205,061,074,044
Japanese government securities	485,918,129,988,422
Commercial paper	2,551,889,033,716
Corporate bonds	3,220,825,190,968
Pecuniary trusts (stocks held as trust property)	727,714,519,973
Pecuniary trusts (index-linkedexchange-traded funds held as trust property)	29,718,938,645,617
Pecuniary trusts (Japan real estate investment trusts held as trust property)	575,305,889,680
Loans and bills discounted	54,328,648,000,000
Electronic loans	54,328,648,000,000
Foreign currency assets	25,966,256,288,216
Foreign currency deposits	1,732,262,396,986
Foreign currency securities	2,355,224,668,143
Foreign currency mutual funds	60,613,713,087
Foreign currency loans	21,818,155,510,000
Deposits with agents	23,994,220,003
Other assets	590,051,545,382
Bills and checks in process of collection	6,356,685
Capital subscription to the Deposit Insurance Corporation, and the	225,000,000
Agricultural and Fishery Cooperative Savings Insurance Corporation
Capital subscription to an international financial institution	15,278,374,364
Withdrawn cash to be returned to the government	38,707,429,941
Refund on accrued tax	52,621,989,719
Accrued interest receivable	470,183,576,216
Others	13,028,818,457
Tangible fixed assets	216,444,108,401
Buildings	105,726,690,246
Land	84,124,182,999
Lease assets	7,598,665,055
Construction in progress	7,458,248,538
Other tangible fixed assets	11,536,321,563
Intangible fixed assets	129,890,768
Utility rights	129,890,768
Total assets	604,484,641,804,227
LIABILITIES
Banknotes	109,616,575,483,650
Deposits (excluding those of the government)	447,076,239,363,367
Current deposits	395,256,035,035,254
Other deposits	51,820,204,328,113
Deposits of the government	12,633,850,593,434
Treasury deposit	150,001,026,112
Domestic designated deposit	12,239,860,364,524
Other government deposits	243,989,202,798
Payables under repurchase agreements	24,116,347,566,200
Other liabilities	84,086,119,657
Remittances payable	14,760,764,172
Taxes payable	28,031,000,000
Lease liabilities	7,988,759,130
Others	33,305,596,355
Provision for retirement benefits	203,316,793,791
Provision for possible losses on bonds transactions	4,799,292,993,013
Provision for possible losses on foreign exchange transactions	1,407,536,000,000
Total liabilities	599,937,244,913,112
NET ASSETS
Capital	100,000,000
Legal reserve	3,252,007,626,093
Special reserve	13,196,452
Net income	1,295,276,068,570
Total net assets	4,547,396,891,115
Total liabilities and net assets	604,484,641,804,227

2. Statement of Income for the 135th Fiscal Year/Fiscal 2019

(April 1, 2019-March 31, 2020)

yen

Item

Operating income	2,240,710,723,155
Interest on loans and discounts	200,834
Interest on loans	200,834
Interest on receivables under resale agreements	-23,545,121
Interest and discounts on Japanese government securities	1,196,021,178,193
Interest on commercial paper	26,036,139
Interest and discounts on corporate bonds	-787,181,357
Gains on foreign currency assets	203,647,057,203
Gains on foreign currency securities	118,529,810,819
Gains on foreign currency mutual funds	492,837,381
Interest on foreign currency deposits and loans	84,624,409,003
Other operating income	841,826,977,264
Gains on pecuniary trusts (stocks held as trust property)	205,093,505,197
Gains on pecuniary trusts (index-linkedexchange-traded funds held as trust property)	604,715,888,856
Gains on pecuniary trusts (Japan real estate investment trusts held as trust property)	7,950,388,411
Dividends	631,368,086
Fees and commissions	8,994,602,273
Other income	14,441,224,441
Operating expenses	603,123,270,002
Interest on payables under repurchase agreements	-659,502,713
Losses on foreign currency assets	214,460,296,654
Foreign exchange losses	214,460,296,654
General and administrative expenses and costs	198,755,435,055
Cost of production of banknotes	48,132,167,214
Administrative expenses for treasury business and Japanese government securities	16,141,228,441
Personnel expenses	52,157,638,420
Expenses for transportation and communications	3,743,789,761
Expenses for maintenance and repairs	2,387,586,033
Other general and administrative expenses and costs	47,727,914,298
Taxes excluding corporate income tax, inhabitants taxes, and enterprise taxes	12,994,775,213
Depreciation and amortization	15,470,335,675
Other general and administrative expenses	190,567,041,006
Interest on excess reserve balances under the complementary deposit facility	188,253,620,749
Fees and commissions paid	109,550,745
Other expenses	2,203,869,512
Operating profits	1,637,587,453,153
Special profits	113,228,296,616
Gains on disposal of fixed assets	5,998,296,616
Transfer from provision for possible losses on foreign exchange transactions	107,230,000,000
Special losses	383,908,971,059
Losses on disposal of fixed assets	193,971,059
Transfer to provision for possible losses on bonds transactions	383,715,000,000
Net income before taxes	1,366,906,778,710
Provision for corporate income tax, inhabitants taxes, and enterprise taxes	71,630,710,140
Net income	1,295,276,068,570

3. Appropriation of Net Income for the 135th Fiscal Year/Fiscal 2019

yen

Net income	1,295,276,068,570
APPROPRIATIONS
Transfer to legal reserve	64,763,803,429
Dividends, 5 percent of share face value	5,000,000
Payment to the government	1,230,507,265,141
Total	1,295,276,068,570