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Financial Reports

Chief Financial Officer's (CFO) Report to the Board

DIF Income Statement - First Quarter 2019

Fund Financial Results ($ in millions)
Income Statement (year-to-date)

 

Mar-19

Dec-18

 


Mar-18

Year-Over-Year Change

Assessments

$1,369

$9,527

 

$2,850

($1,481)

Interest on US Treasury securities

507

1,633

 

338

169

Other revenue

2

11

 

1

1

Total Revenue 

$1,878

$11,171

 

$3,189

($1,311)

Operating expenses

434

1,765

 

433

1

Provision for insurance losses

(396)

(563)

 

(65)

(331)

Insurance and other expenses

0

3

 

0

0

Total Expenses and Losses 

$38

$1,205

 

$368

($330)

Net Income 

1,840

9,966

 

2,821

(981)

Unrealized gain (loss) on US Treasury securities, net

421

(136)

 

(496)

917

Unrealized postretirement benefit gain (loss)

0

32

 

0

0

Comprehensive Income 

$2,261

$9,862

 

$2,325

($64)

Last Updated: June 19, 2019