Exchange Equalisation Accounts index
The Exchange Equalisation Account (EEA) is the account that holds the UK's reserves of gold, foreign currencies and International Monetary Fund (IMF) Special Drawing Rights (SDRs). It was established in 1932 to provide a fund which could be used for "checking undue fluctuations in the exchange value of sterling". Subsequent legislation has extended the possible use of this fund; and under the consolidating Exchange Equalisation Account Act 1979, it may also be used:
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to secure the conservation or disposition in the national interest of making payments abroad; and
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for certain purposes arising out of the UK's membership of the IMF, including the holding, purchase and sale of SDRs.
Under the Finance Act 2000 (section 4 of the EEA Act 1979) the Treasury has a statutory obligation to publish a full set of annual financial accounts for the EEA. The accounts are audited by the National Audit Office and laid before both Houses of Parliament.
Account documents are available below in Adobe Acrobat Portable Document Format (PDF). If you do not have Adobe Acrobat installed on your computer you can download the software free of charge from the Adobe website. For alternative ways to read PDF documents and further information on website accessibility visit the HM Treasury accessibility page.
The maintenance and integrity of the HM Treasury website is the responsibility of the Accounting Officer; the work carried out by the auditors does not involve consideration of these matters and accordingly the auditors accept no responsibility for any changes that may have occurred to the financial statements since they were initially presented on the website.
- Exchange Equalisation Accounts 2007-08 (PDF file 1.12MB) Year ended 31 March 2008
- Exchange Equalisation Accounts 2006-07 (PDF file 508KB) Year ended 31 March 2007
- Exchange Equalisation Accounts 2005-06 (PDF file 276KB) Year ended 31 March 2006 (ISBN: 978-0-10293-842-5)
- Exchange Equalisation Accounts 2004-05 (PDF file 299KB) Year ended 31 March 2005
- Exchange Equalisation Accounts 2003-04 (PDF file 212KB) Year ended 31 March 2004
- Exchange Equalisation Accounts 2002-03 (PDF file 250KB) Year ended 31 March 2003
- Exchange Equalisation Accounts 2001-02 (PDF file 147KB) Year ended 31 March 2002
- Exchange Equalisation Accounts 2000-01 (PDF file 290KB) Year ended 31 March 2002
- Exchange Equalisation Accounts 1999-2000 (PDF file 212KB) Year ended 31 March 2000
- Exchange Equalisation Accounts 1998-1999 (PDF file 242KB) Year ended 31 March 1999
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