ECCB 2015/2016 Annual Report

EASTERN CARIBBEAN CENTRAL BANK

Eastern Caribbean Central Bank Notes to Financial Statements March 31, 2016 (expressed in Eastern Caribbean dollars) (express d in Eastern Caribbean dollars)

NOTES TO FINANCIAL STATEMENTS

March 31, 2016

8. Available-for-sale investment securities Available-for-sale invest ent securities

8.

2016 $

2015 $

Domestic securities Equity securities Caribbean Information and Credit Rating Agency Services Ltd. 156,180 (2015: 156,180) ordinary shares of $2.70 each - unquoted, at cost

421,686

421,686

Foreign securities Debt securities

2,849,762,722 2,527,900,901

- quoted, at fair value

13,016,115

Interest receivable

12,041,806

Total foreign securities

2,862,778,837 2,539,942,707

Total investment securities

2,863,200,523 2,540,364,393

Current

673,118,371

652,825,416

Non-current

2,190,082,152 1,887,538,977 2,863,200,523 2,540,364,393

The movement in investment securities may be summarised as follows:

Foreign Investment Securities $

Domestic Securities $

Balance as of March 31, 2014

421,686 2,276,178,387 - 4,294,537,603 - (4,064,314,736)

Additions

Disposals (sale and redemption) Net gain transfer to equity Net gain transfer from equity Balance as of March 31, 2015 Disposals (sale and redemption) Net gain transfer to equity Net gain transfer from equity Balance as of March 31, 2016 Additions

- -

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

421,686 2,527,900,901

- 5,036,447,795 - (4,719,326,183)

- -

8,055,121 (3,314,912)

421,686 2,849,762,722

The Bank transferred gains of $3,314,912 (2015: gains of $7,570,215) from equity into the statement of income or loss. The Bank transferred gains of $3,314,912 (2015: gains of $7,570,215) from equity into the statement of income or loss.

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ECCB A nnual R eport 2015/2016

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