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) Eastern Caribbean Central Bank Notes to Financial Statements arch 31, 2016 (expressed in Eastern Caribbean dollars) 26. Other income (expressed in Eastern Caribbean dollars) 26. Other income 26. Other income Income from banking licence fees Income from reserve requirement Income from banking licence fees Income from reserve requirement Pension fund administrative and management fees Pension fund administrative and management fees Gain on dissolution of subsidiary (note 29) Gain on disposal of property, plant and equipment Gain on dissolution of subsidiary (note 29) Gain on disposal of property, plant and equipment Miscellaneous income Rental income Miscellaneous income Rental income

NOTES TO FINANCIAL STATEMENTS

March 31, 2016

2016 $ 2016 $

2015 $ 2015 $

2,280,000 1,552,460 587,807 268,975 245,847 11,544 2,280,000 1,552,460 587,807 268,975 245,847 11,544 (505,759) (505,759) 4,440,874 4,440,874 - -

-

-

2,339,053 572,746 246,640 63,386 2,339,053 572,746 246,640 63,386 (2,352,765) (2,352,765) - - 1,596 1,596

Loss on futures Loss on futures

Total other income Total other income

870,656 870,656

27. Salaries, pensions and other staff benefits 27. Salaries, pensions and other staff benefits l i , e si s ot er st f benefits

27.

2016 $ 2016 $

2015 $ 2015 $

25,307,002 2,334,000 900,049 67,187 44,527 28,652,765 25,307,002 2,334,000 900,049 67,187 44,527 28,652,765

Salaries, wages and other benefits Salaries, wages and other benefits Pension (note 21) Social security Pension (note 21) Social security Prepaid employee benefit Prepaid employee benefit Vacation leave Vacation leave

25,420,099 2,423,000 919,424 25,420,099 2,423,000 919,424 76,060 58,389 76,060 58,389 28,896,972 28,896,972

Total salaries, pensions and other staff benefits Total salaries, pensions and other staff benefits

124

ECCB A nnual R eport 2015/2016

88