BARBADOS PUBLIC WORKERS’ CO-OPERATIVE CREDIT UNION LIMITED
ANNUAL REPORT 2014
7
2014
2013
2012
2011
2010
Restated
Restated
Restated
Financial statistics in percent:
Asset Growth
6.91
4.93
7.63
25.39
12.08
Loan Growth
6.52
3.32
5.21
30.64
12.08
Deposit Growth
8.64
4.95
9.22
21.16
10.85
Net Surplus Growth
-13.55
39.28
55.72
-33.08
21.97
Return on Assets
1.15
1.41
1.08
0.80
1.42
Return on Equity
12.35
16.08
13.10
9.28
15.48
Operating Efficiency
76.10
70.61
77.87
83.00
71.54
Net Interest Margin
4.95
4.90
4.91
5.01
5.11
2014
2013
2012
2011
2010
Other statistics
Delinquency ratio (%)
6.7
7.5
7.2
3.9
3.3
# of members (000’S)
68.7
64.7
61.6
58.6
55.3
# of branches
4
4
3
3
3
Income before tax per member
$165.24
$202.96
$152.94
$103.28
$163.54
CONSOLIDATED FINANCIAL HIGHLIGHTS
FOR THE YEARS ENDED MARCH 31, 2010 TO MARCH 31, 2014
In Bds $’000
Principal Bankers
Barbados Public Workers’ Co-operative Credit Union Limited -
Republic Bank (Barbados) Ltd.
BPW Financial Holdings Inc. -
CIBC First Caribbean International Bank
Capita Financial Services Inc. -
CIBC First Caribbean International Bank
Auditors
KPMG –
Chartered Accountants
