BARBADOS PUBLIC WORKERS’ CO-OPERATIVE CREDIT UNION LIMITED
NON-CONSOLIDATED ANNUAL REPORT 2015
61
Total
72,722
38,462
96,939
25,274
37,049
70,446
16,285
45,132
00,221
18,620
80,258
90,188
BARBADOS PUBLIC WORKERS' CO-OPERATIVE CREDIT UNION LIMITED
Notes to the Non-consolidated Financial Statements
For the year ended March 31, 2015
(Expressed in Barbados dollars)
51
24. Financial Risk Management…(continued)
Market risk…(continued)
Interest rate risk
…(continued)
2014
Up to
Within
Within
Over
Non-interest
3 months 3-12 months
1-5 years
5 years
bearing
Cash resources
$
50,444,111
52,168,830
6,615,561
-
-
Financial investments – Held-to-maturity
-
7,286,633
5,459,000
7,650,000
-
Loans and advances
14,676,516
23,231,331 194,048,142 452,375,490
-
Due from related companies
-
-
-
-
17,107,462
Other assets
-
-
-
- 3,124,648
Total assets
$ 65,120,627 82,686,794 206,122,703 460,025,490 20,232,110
Deposits
$ 428,314,292
42,421,541 225,024,499
26,006,498
-
Loans payable
4,468,769
2,470,525
14,233,408
22,515,771
-
Reimbursable shares
-
-
-
-
5,351,432
Other liabilities
-
-
-
- 7,967,387
Total liabilities
432,783,061 44,892,066 239,257,907 48,522,269 13,318,819
Interest rate gap
$ (367,662,434) 37,794,728 (33,135,204) 411,503,221 6,913,291
2014
Up to
Within
Within
Over Non-interest
3 months 3-12 months 1-5 years 5 years bearing Total
Cash resou ces
$ 50,444,111 52,168,830 6,615,561
-
-
109,228,502
Financial i vestments –
Held-t -maturity
-
7,286,633 5,459,000 7,650, 00
-
20,395,633
Loans and advances
14,676,516 23,231,331 194,048,142 452,375,490
-
684,331,479
Due from related companies
-
-
-
-
17,107,462 17,107,462
Other assets
-
-
-
-
3,124,648 3,124,648
Total assets
$ 65,120,627 82,686,794 206,122,703 460,025,490 20,232,110 834,187,724
Deposits
$ 428,314,292 42,421,541 225,024,499 26,006,498
-
721,766,830
Loans payable
4,468,769
2,470,525 14,233,408 22,515,771
-
43,688,473
Reimbursable shares
-
-
-
-
5,351,432 5,351,432
Other liabilities
-
-
-
-
7,967,387 7,967,387
Total liabilities
432,783,061 44,892,066 239,257,907 48,522,269 13,318,819 778,774,122
Interest rate gap
$ (367,662,434)
37,794,728 (33,135,204) 411,503,221 6,913,291 55,413,602
