Chief Financial Officer's (CFO) Report to the Board
| Fund Financial Results | ($ in millions) |
| Income Statement (year-to-date) | |||||
Sep-18 |
Jun-18 |
Quarterly Change |
Sep-17 |
Year-Over-Year Change |
|
|---|---|---|---|---|---|
| Assessments | $8,176 | $5,448 | $2,728 | $7,939 | $237 |
| Interest on U.S. Treasury securities | 1,152 | 719 | 433 | 752 | 400 |
| Other revenue | 8 | 5 | 3 | 8 | 0 |
| Total Revenue | $9,336 | $6,172 | $3,164 | $8,699 | $637 |
| Operating expenses | 1,312 | 878 | 434 | 1,296 | 16 |
| Provision for insurance losses | (327) | (206) | (121) | 20 | (347) |
| Insurance and other expenses | 2 | 1 | 1 | 1 | 1 |
| Total Expenses and Losses | $987 | $673 | $314 | $1,317 | ($330) |
| Net Income | 8,349 | 5,499 | 2,850 | 7,382 | 967 |
| Unrealized gain (loss) on U.S. Treasury securities, net | (892) | (658) | (234) | (38) | (854) |
| Unrealized postretirement benefit gain (loss) | - | - | - | - | - |
| Comprehensive Income | $7,457 | $4,841 | $2,616 | $7,344 | $113 |