Pursuant to the Law on Latvijas Banka, Latvijas Banka's annual financial statements are audited by independent external auditors recommended by the Governing Council of the European Central Bank and approved by the Council of the European Union. Latvijas Banka has received a positive auditors' opinion on its financial statements for 2015 from the auditing company KPMG Baltics SIA.
In accordance with the Law on Latvijas Banka, 65% or 19.52 million euro of Latvijas Banka's profit for 2015 will be appropriated to the state budget; the rest of the profit will be transferred to the reserve capital of Latvijas Banka.