Chief Financial Officer's (CFO) Report to the Board
DIF Income Statement - Fourth Quarter 2017
| Fund Financial Results | ($ in millions) |
| Income Statement (year-to-date) | |||||
Dec-17 |
Sep-17 |
Quarterly Change | Dec-16 |
Year-Over-Year Change |
|
| Assessments | $10,595 | $7,939 | $2,656 | $9,987 | $608 |
| Interest on U.S. Treasury securities | 1,057 | 752 | 305 | 671 | 386 |
| Other revenue | 12 | 8 | 4 | 16 | (4) |
| Total Revenue | $11,664 | $8,699 | $2,965 | $10,674 | $990 |
| Operating expenses | 1,740 | 1,296 | 444 | 1,715 | 25 |
| Provision for insurance losses | (183) | 20 | (203) | (1,568) | 1,385 |
| Insurance and other expenses | 2 | 1 | 1 | 3 | (1) |
| Total Expenses and Losses | $1,559 | $1,317 | $242 | $150 | $1,409 |
| Net Income | 10,105 | 7,382 | $2,723 | 10,524 | (419) |
| Unrealized gain (loss) on U.S. Treasury securities, net | (500) | (38) | (462) | 30 | (530) |
| Unrealized postretirement benefit gain (loss) | (20) | - | (20) | 8 | (28) |
| Comprehensive Income | $9,585 | $7,344 | $2,241 | $10,562 | ($977) |