Chief Financial Officer's (CFO) Report to the Board
DIF Income Statement - Third Quarter 2017
| Fund Financial Results | ($ in millions) |
| Income Statement (year-to-date) | |||||
Sep-17 |
Jun-17 |
Quarterly Change | Sep-16 |
Year-Over-Year Change |
|
| Assessments | $7,939 | $5,371 | $2,568 | $7,299 | $640 |
| Interest on U.S. Treasury securities | 752 | 478 | 274 | 482 | 270 |
| Other revenue | 8 | 6 | 2 | 13 | (5) |
| Total Revenue | $8,699 | $5,855 | $2,844 | $7,794 | $905 |
| Operating expenses | 1,296 | 892 | 404 | 1,278 | 18 |
| Provision for insurance losses | 20 | 532 | (512) | (1,236) | 1,256 |
| Insurance and other expenses | 1 | 0 | 1 | 3 | (2) |
| Total Expenses and Losses | $1,317 | $1,424 | ($107) | $45 | $1,272 |
| Net Income | 7,382 | 4,431 | $2,951 | 7,749 | (367) |
| Unrealized gain (loss) on U.S. Treasury securities, net | (38) | (5) | (33) | 355 | (393) |
| Unrealized postretirement benefit gain (loss) | - | - | - | - | - |
| Comprehensive Income | $7,344 | $4,426 | $2,918 | $8,104 | ($760) |