Financial statements and key figures
OeNB posts operating profit of EUR 286 million
The OeNB’s total assets expanded in 2017 year on year to EUR 143.7 billion, reflecting above all the monetary policy asset purchase program. The OeNB’s net currency position decreased to EUR 18.3 billion, with gold and gold receivables accounting for EUR 9.7 billion thereof. The OeNB’s operating profit for 2017 came to EUR 286 million, up EUR 18 million against the previous year. Transfers to risk provisions had an impact of EUR 275 million in 2017. After EUR 72 million in corporate income tax plus, in line with the Nationalbank Act, the transfer of both EUR 21 million to the pension reserve and EUR 174 million to the central government (equaling the latter’s 90% share of profit), the OeNB’s profit for the year 2017 amounted to EUR 19 million.
|Net currency position||18,347||20,005||14,324||18,531||13,430|
|of which gold and gold receivables||9,739||9,885||8,761||8,892||7,843|
|Banknotes in circulation||30,035||28,893||27,795||26,237||24,497|
|Operating profit excluding selected items||748||529||1,171||811||662|
|Corporate income tax||72||67||188||85||75|
|Transfer to the pension reserve||21||20||−||−||22|
|Central government’s share of profit||174||163||508||230||181|
|Profit for the year||19||18||56||26||20|
|Staff in full-time equivalents (FTEs)1||1,227.5||1,227.5||1,229.2||1,234.8||1,232.9|
|staff employed in core business areas1, 2||1,100.0||1,091.8||1,085.9||1,084.0||1,089.1|
|1 Figures include part-time employees on a pro rata basis.|
|2 Excluding employees on secondment or leave (such as maternity and parental leave).|
The OeNB has been an integral part of the European System of Central Banks since January 1, 1999. For definitions of the individual balance sheet items, see Annex IV of the ECB’s accounting guideline (link provided under General information).
The current accounting format differs from the format on which the financial statements used to be based before 1999; therefore, it is not possible to make meaningful comparisons.
Discrepancies may arise from rounding.