1. 5 Foreign Tourism in the Czech Republic – Foreign Currency Income and Expenditures Methodology Data on foreign exchange income from and expenditures for foreign tourism are taken from the regular Balance of Payments report compiled by the Czech National Bank (CNB) on a quarterly basis. The report is based on the statistics of goods and services foreign trade (Czech Statistical Office), data from banking and non-banking institutions’ reports, information from administrative sources of central public and other bodies, as well as on CNB’s own calculations. The Balance of Payments reflects foreign economic transactions (i.e. between residents and non-residents) within a specified period of time. In its basic structure, the Balance of Payments is broken down to current, capital, and financial accounts, and change in reserves. Data pertaining to tourism are contained in the current account of the Balance of Payments. It captures flows of goods (export and import) and services (income from and expenditures for transport services, tourism, and other commercial and non-commercial services), revenues from capital, investments and work (interests, dividends, re-invested profit, earned income), as well as compensating items to real and financial sources provided or received without countervalue (common unilateral transfers like donations, alimony, pensions, foreign aid, benefits, etc.). Key monitored indicators Foreign currency income from foreign tourism Foreign currency expenditures for foreign tourism Balance of foreign tourism Source: CNB, data as at 30/06/2014