ECCB 2014-2015 Annual Report and Statement of Accounts

EASTERN CARIBBEAN CENTRAL BANK

Eastern Caribbean Central Bank Notes to Consolidated Financial Statements March 31, 2015

(expressed in Eastern Caribbean dollars) NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (expressed in Eastern Caribbean dollars) March 31, 2015

8. Available-for-sale investment securities stment securities Available-for-sale investment securities

8.

2015 $

2014 $

Domestic securities Equity securities Caribbean Information and Credit Rating Agency Services Ltd. 156,180 (2014: 156,180) ordinary shares of $2.70 each - unquoted, at cost

421,686

421,686

Foreign securities Debt securities

2,527,900,901 2,276,178,387

- quoted, at fair value

12,041,806

Interest receivable

11,764,007

Total foreign securities

2,539,942,707 2,287,942,394

Total investment securities

2,540,364,393 2,288,364,080

Current

652,825,416

520,489,883

Non-current

1,887,538,977 1,767,874,197 2,540,364,393 2,288,364,080

The movement in investment securities may be summarised as follows: t securities may be summarised as follows: The movement in investment securities may be summarised as follows: m

Foreign Investment Securities $

Domestic Securities $

Balance as of March 31, 2013

421,686 1,986,494,482 - 4,826,763,582

Additions

- (4,512,177,583)

Disposals (sale and redemption) Net loss transfer from equity Net gain transfer to equity Balance as of March 31, 2014 Disposals (sale and redemption) Net gain transfer to equity Net loss transfer from equity Balance as of March 31, 2015 Additions

- -

(25,043,030)

140,936

421,686 2,276,178,387

- 4,294,537,603 - (4,064,314,736)

- -

29,069,862 (7,570,215)

421,686 2,527,900,901

The Bank removed gains of $7,570,215 (2014: losses of ($140,936)) from equity into the consolidated statement of income or loss. m The Bank removed gains of $7,570,215 (2014: losses of ($140,936)) from equity into the consolidated statement of inco e or loss.

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ECCB ANNUAL REPORT 2014/2015

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