Decision on Allocation of Net Profit Adopted

4/12/2012

The Governing Board of the Central Bank of Bosnia and Herzegovina (CBBH) adopted the CBBH Financial Statements for 2011 at the last session as well as the Decision on allocation of the CBBH net profit.

Out of  KM 45,931,156.79 of the CBBH net profit for 2011, the amount of KM 27,558,694.07 is allocated at BH institutions budget  account  and  the amount of KM 18,372,462.72 was paid on the CBBH general reserves account.

The allocation is carried out in accordance with the CBBH Law and the funds at the BH institutions budget account are paid on 12 April 2012.

Financial reports are certified by the external auditors of KPMG BH doo Sarajevo and the partner of KPMG from Bulgaria, and those reports will be submitted to the BH Presidency and BH Parliamentary Assembly,  as well.

The CBBH Annual Report for 2011 and Report on the Operations of Main Internal Auditor Office for 2011 were adopted at the Governing Board session.

 

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