SWITZERLAND'S central bank says it will report a loss of 9 billion Swiss francs ($A11.09 billion) for 2013, denying shareholders and governments of annual profit sharing.
The Swiss National Bank said on Monday it lost 15 billion francs in the value of its gold holdings, but that was partly offset by a gain of 3 billion francs in foreign currency and more than 3 billion francs in profit from selling its stabilisation fund that bailed out Swiss bank UBS AG.
The bank said in a statement it could not provide dividends to shareholders or profits to the Swiss government and 26 cantons.
Gold prices fell sharply in 2013 as the US Federal Reserve wound down an inflation policy that had driven up gold prices.
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