BARBADOS PUBLIC WORKERS’ CO-OPERATIVE CREDIT UNION LIMITED
NON-CONSOLIDATED ANNUAL REPORT 2016
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BARBADOS PUBLIC WORKERS’ CO-OPERATIVE CREDIT UNION LIMITED
Non-consolidated Statement of Comprehensive Income
For the year ended March 31, 2016
With comparative figures for 2015
(Expressed in Barbados dollars)
2016
2015
Net income for the year
$ 13,542,727
9,606,265
Other comprehensive income
Items that will never be reclassified to profit or loss
Remeasurements of defined benefit asset
(289,718)
704,508
Items that are or may be reclassified to profit or loss
Net unrealised gains (losses) on available-for-sale investments
320,000
(85,000)
Other comprehensive income, net of tax
30,282
619,508
Total comprehensive income for the year
$ 13,573,009
10,225,773
The accompanying notes form an integral part of these non-consolidated financial statements.
