BARBADOS PUBLIC WORKERS' CO-OPERATIVE CREDIT UNION LIMITED
Notes to the Non-consolidated Financial Statements
For the year ended March 31, 2013
(Expressed in Barbados dollars)
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24. Financial Risk Management…(continued)
Credit risk…(continued)
The tables below show the credit quality and aging analysis by class of financial assets.
2013
Neither past due Past due but
Individually
nor impaired
not impaired
impaired
Total
Cash resources
$ 110,240,420
-
- 110,240,420
Financial investments:
Held to maturity
16,377,955
-
-
16,377,955
Loans and advances:
Consumer
360,267,077
61,637,149
32,186,327 454,090,553
Mortgages
160,567,645
33,109,415
18,328,783 212,005,843
Business
1,399,101 1,172,605
717,336 3,289,042
Total
$ 648,852,198 95,919,169 51,232,446 796,003,813
2012
Neither past due Past due but
Individually
nor impaired
not impaired
impaired
Total
Cash resources
$ 90,691,178
-
-
90,691,178
Financial investments:
Held to maturity
11,317,370
-
-
11,317,370
Loans and advances:
Consumer
356,450,041
56,582,765
29,691,068 442,723,874
Mortgages
167,892,356
27,989,970
15,181,078 211,063,404
Business
1,859,698 1,233,148
534,718 3,627,564
Total
$ 628,210,643 85,805,883 45,406,864 759,423,390
Within the Credit Union, past due but not impaired loans represents loans which are in arrears
between 1 to 180 days where the specific details on those loans indicate recovery is not at issue.
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BARBADOS PUBLIC WORKERS’ CO-OPERATIVE CREDIT UNION LIMITED
ANNUAL REPORT 2013
