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International Monetary Fund
This paper updates the outlook for the Fund's income position for FY 2010, taking into account developments in the first half of the financial year. The FY 2010 income outlook has improved relative to the baseline projections at the beginning of the year,1 mainly as a result of the combination of higher projected lending income, and lower expenditures, in SDR terms, reflecting the depreciation of the U.S. dollar and a projected underrun in the budget. Net operational income for FY 2010 is projected at about SDR 440 million compared with the previous baseline projection of SDR 290 million in April 2009. However, the actual outcome is subject to considerable uncertainty related to the timing and amounts of disbursements under current and potential new arrangements and the performance of the Investment Account.
International Monetary Fund

profits) investment income -58 -38 Net income position 5/ 998 998 Memorandum Items: Outstanding Fund credit (average balances, SDR billions) 51.5 51.5 SDR interest rate (average, in percent) 0.1 0.1 US$/SDR exchange rate (average) 1.39 1.39 Precautionary balances (end of period, SDR billions) 15.2 15.2 Source: Finance Department and Office of Budget and Planning 1/ See Review of the Fund’s Income Position for FY 2016 and FY 2017–2018 . 2/ Interest free

International Monetary Fund. Finance Dept.
This paper reports on the Fund’s income position for FY 2021 following the closing of the Fund’s accounts for the financial year and completion of the external audit. Overall FY 2021 net income amounted to SDR 4.8 billion or SDR 0.7 billion higher than estimated in April, mainly reflecting a larger than anticipated gain reported under IAS 19 (the accounting standard for employee benefits) and endowment returns exceeding earlier projections.
International Monetary Fund. Finance Dept.

Review of the Income Position for FY 2021 1. This paper presents the Fund’s net income position for FY 2021 . The actual outcome reported in this paper follows the closing of the Fund’s accounts for the financial year and completion of the FY 2021 external audit conducted by PricewaterhouseCoopers, the Fund’s external auditor. 1 2. The overall FY 2021 net income of SDR 4,812 million was SDR 734 million higher than the April projection ( Table 1 ). 2 The main contributors to the increase were the remeasurement gain reported under IAS 19 (SDR 658 million

International Monetary Fund
This paper reports on the Fund’s income position for FY 2020 following the closing of the Fund’s accounts for the financial year and completion of the external audit. Net operational income was about SDR 1.4 billion, slightly higher than estimated in the April supplement, mainly reflecting higher investment income. However, the unrealized pension-related adjustment in FY 2020, stemming mainly from the actuarial remeasurement of staff retirement plan assets and liabilities, was larger than previously estimated and more than offset the Fund’s net operational income, contributing to an overall net loss of about SDR 1.4 billion for the year.
International Monetary Fund
This paper reports the Fund’s income position for FY 2013 following the closing of the Fund’s accounts for the financial year and completion of the external audit. FY 2013 net income, including income from surcharges, amounted to SDR 2.0 billion, and was in line with the April estimate. In accordance with decisions taken in April 2013, a corresponding transfer of currencies has been made from the GRA to the investment account. The placement of the net income to the Fund’s reserves has further strengthened the Fund’s precautionary balances, which reached SDR 11.5 billion at the end of FY 2013.