General Council’s decision on allocation of net income
The General Council of the Riksbank has, in accordance with the Sveriges Riksbank Act, presented a proposal to the Riksdag (the Swedish parliament) regarding the allocation of the Riksbank’s net income for the financial year 2005. The General Council has proposed that SEK 5.3 billion be transferred to the Treasury. According to the current guidelines, 80 per cent of the average income – after certain adjustments but before appropriations – over the past five years shall be transferred to the Treasury. A detailed account regarding the calculation of the allocation of profits is given in the written report containing the proposal for the allocation of the Riksbank’s profits for the financial year 2005 and the General Council’s account of activities for 2005 (2005/06:RB2).