ECCB 2016/2017 Annual Report

ECCB ANNUAL REPORT 2016/2017

109

NOTES TO THE FINANCIAL STATEMENTS EASTERN CARIBBEAN CENTRAL BANK

Total $

Financial assets Balances with other central banks - 11,578,537 187,915 - 90,187 11,856,639 Balances with foreign banks - 52,855 - - - 52,855 securities 73,334,339 - - - - 73,334,339 -

Money market instruments and money at call - 1,616,345,608 - - 577 1,616,346,185 Financial assets held for trading - - - 21,007 118,177 139,184 Available-for-sale – foreign investment securities - 2,851,367,037 - 47,896,327 40,248,495 2,939,511,859 Balances with local banks 1,838,469 - - - - 1,838,469 Due from local banks 21,037,397 - - - - 21,037,397 Term deposits – domestic 10,059,690 - - - - 10,059,690 Loans and receivables – participating governments’ Loans and receivables – participating governments’ advances 40,496,304 - - - 40,496,304

Accounts receivable 10,022,357 - - - - 10,022,357 Available-for-sale – domestic investment securities 624,186 - - - - 624,186 157,412,742 4,479,344,037 187,915 47,917,334 40,457,436 4,725,319,464 Financial liabilities

45 Demand and deposit liabilities – domestic 4,737,355,128 - - - - 4,737,355,128 Demand and deposit liabilities – foreign 9,957,859 327,124 - - - 10,284,983 IMF government general resource accounts 1,133,444 - - - - 1,133,444 Financial liabilities held for trading - 1,801 32,559 660,541 6,502 701,403 4,748,446,431 328,925 32,559 660,541 6,502 4,749,474,958

Other $

(expressed in Eastern Caribbean dollars) March 31, 2017 Eastern Caribbean Central Bank Notes to the Financial Statements March 31, 2017 (expressed in Eastern Caribbean dollars) Eastern Caribbean Dollar $ United States Dollar $ British Pound $ Euro $

Net on-balance sheet (4,591,033,689) 4,479,015,112 155,356 47,256,793 40,450,934 (24,155,494)

3. Financial risk management … continued d) Currency risk …continued The table below analyses assets and liabilities of the Bank into the respective currency positions as of March 31, 2017: