The OeNB posts an operating profit of EUR 283 million
Reaching EUR 150 billion, the OeNB’s total assets had increased further in 2018, which was, above all, due to the Eurosystem’s monetary policy asset purchase program. The OeNB’s net currency position rose to EUR 19.9 billion, with gold and gold receivables accounting for EUR 10.1 billion thereof.
At EUR 283 million, the OeNB’s operating profit for 2018 fell EUR 3 million short of the previous year’s result. Transfers to risk provisions had an impact of EUR 150 million in 2018. After corporate income tax (EUR 56 million) plus, in line with the Nationalbank Act, the transfer to the pension reserve (EUR 23 million) and the central government’s 90% share of profit (EUR 184 million), the OeNB’s profit for the year 2018 amounted to EUR 20 million.
|Net currency position||19,938||18,347||20,005||14,324||18,531|
|of which gold and gold receivables||10,091||9,739||9,885||8,761||8,892|
|Banknotes in circulation||31,585||30,035||28,893||27,795||26,237|
|Operating profit excluding selected items||629||748||529||1,171||811|
|Corporate income tax||56||72||67||188||85|
|Transfer to the pension reserve||23||21||20||−||−|
|Central government’s share of profit||184||174||163||508||230|
|Profit for the year||20||19||18||56||26|
|Staff in full-time equivalents (FTEs)1||1,209.3||1,227.5||1,227.5||1,229.2||1,234.8|
|staff employed in core business areas1, 2||1,079.3||1,100.0||1,091.8||1,085.9||1,084.0|
|1 Figures include part-time employees on a pro rata basis.|
|2 Excluding employees on secondment or leave (such as maternity and parental leave).|