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 Eastern Caribbean Central Bank Notes to Consolidated Financial Statements March 31, 2015 (expressed in Eastern Caribbean dollars) OTES TO CONSOLIDATED FINANCIAL STATEMENTS (express d in Eastern Carib ean dol ars) March 31, 2015 9. Loans and receivables: P articipating governments’ securities ...continued The movement in loans and receivables: participating governments’ securities may be summarized as follows: Debentures $ Treasury Bills $ Total $ Balance as of March 31, 2013 98,354,618 8,810,760 107,165,378 Additions - - - Payment of principal (5,485,122) - (5,485,122) Redemption - - - Balance as of March 31, 2014 92,869,496 8,810,760 101,680,256 Payment of principal (5,653,965) - (5,653,965) Balance as of March 31, 2015 87,215,531 8,810,760 96,026,291 9. Loans and receivables: P articipating governments’ securities ...continued The movement in loans and receivables: participating governments’ securities may be summarized as follows: Debentures $ Treasury Bills $ Total $ Balance as of March 31, 2013 98,354,618 8,810,760 107,165,378 Additions - - - Payment of principal (5,485,122) - (5,485,122) Redemption - - - Balance as of March 31, 2014 92,869,496 8,810,760 101,680,256 Payment of principal (5,653,965) - (5,653,965) Balance as of March 31, 2015 87,215,531 8,810,760 96,026,291 Loans and receivables: Participating governments’ securities ...continued The movement in loans and receivables: participating governments’ securities may be summarized as follows: 9. (expressed in Eastern Caribbean dollars)

10. Loans and receivables: P articipating governments’ advances 10. Loans and receivables: P articipating governments’ advances Loans and receivables: Participating governments’ advances

10.

2015 $ 2015 $

2014 $

2014 $

Operating accounts: - Government of Grenada - Government of Anguilla - Government of Saint Lucia Operating accounts: - Government of Grenada - overn ent of Anguilla - overn e t f Saint Lucia - Government of Dominica - Government of Montserrat er e t f M ntserrat - - Government of St. Vincent & the Grenadines - overn e t f t. Vincent & the Grenadines - r t Domi i a Temporary advances: - Government of St. Vincent and the Grenadines Temporary advances: - Government of St. Vincent and the Grenadines - r t f Grenada

12,356,778 9,794,937 29,290,281 9,335,235 12,356,778 9,794,937 29,290,281 9,335,235 – 60,777,231 60,777,231 11,057,160 3,023,729 6,500,000 11,057,160 3,023,729 6,500,000 – 20,580,889 – 20,580,889 152,037 152,037 20,732,926 81,510,157 20,732,926 81,510,157 – – –

12,636,232 12,307,280 11,114,513 10,476,949 12,636,232 12,307,280 11,114,513 10,476,949 107,1 4 107,144 18,053 18,053 46,660,171 46,660,171 12,402,440 5,053,943 2,978,302 12,402,440 5,053,9 3 2,978,302 360, 48 20,795,033 360,348 20,795,033 35,523 35,523 20,830,556 67,490,727 20,830,556 67,490,727 67,490,727 67,490,727

-

r

t Antigua and Barbuda

- Government of Grenada

- Government of Antigua and Barbuda Dominic

- Government of Dominica

Interest receivable Interest receivable Total temporary advances

Total temporary advances otal due from participating governments ’ advances Total due from participating governments ’ advances

Current 81,510,157 Amounts due from participating governments for temporary advances and operating account overdraft balances are unsecured and usually accrue interest at 6.50% per annum. 81,510,157 Amounts due from participating governments for temporary advances and operating account overdraft balances are unsecured and usually accrue int est at 6.50% per annum. ounts due from participating governments for temporary adv ces and operating account overdraft balances are unsecured and usually accrue interest at 6.50% per annum. Current

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ECCB ANNUAL REPORT 2014/2015