Allocation of the Riksbank's net income 2002

The General Council of the Riksbank has today presented a proposal to the Riksdag (the Swedish parliament) regarding the allocation of the Riksbank's net income for the financial year 2002.

According to the current guidelines, 80 per cent of the average income before appropriations over the past five years shall be transferred to the Treasury. The income used as a base for calculating the size of the transfer (dividend) is adjusted for exchange rate effects and changes in the market value of the Riksbank's gold reserve. According to these guidelines, the dividend for 2002 should be SEK 7.5 billion.

The General Council has therefore decided to propose to the Riksdag that SEK 7.5 billion be transferred to the Treasury. This sum will be taken from the Riksbank's own capital.

In connection with the decision on the allocation of the Riksbank's net income, the majority in the General Council and the non-Socialist minority refer to their previous positions regarding the allocation of the Riksbank's net income in 2001. For further information, please contact Chairman Jan Bergqvist, tel. +46 70-343 9589 or Vice Chairman Johan Gernandt, tel. +46 733-14 66 01.