Chief Financial Officer's (CFO) Report to the Board
301 Moved Permanently
DIF Income Statement - Third Quarter 2016
| Fund Financial Results | ($ in millions) |
| Income Statement (year-to-date) | |||||
Sep-16 |
Jun-16 |
Quarterly Change |
Sep-15 |
Year-Over-Year Change |
|
| Assessments | $7,299 | $4,656 | $2,643 | $6,687 | $612 |
| Interest on U.S. Treasury obligations | 482 | 311 | 171 | 295 | 187 |
| Other revenue | 13 | 9 | 4 | 15 | (2) |
| Total Revenue | $7,794 | $4,976 | $2,818 | $6,997 | $797 |
| Operating expenses | 1,278 | 856 | 422 | 1,240 | 38 |
| Provision for insurance losses | (1,236) | (670) | (566) | (1,321) | 85 |
| Insurance and other expenses | 3 | 2 | 1 | 4 | (1) |
| Total Expenses and Losses | $45 | $188 | ($143) | ($77) | $122 |
| Net Income | 7,749 | 4,788 | 2,961 | 7,074 | 675 |
| Unrealized gain (loss) on U.S. Treasury investments, net | 355 | 522 | (167) | 261 | 94 |
| Unrealized postretirement benefit gain (loss) | - | - | - | - | - |
| Comprehensive Income | $8,104 | $5,310 | $2,794 | $7,335 | $769 |