ECCB 2016/2017 Annual Report

72

ECCB ANNUAL REPORT 2016/2017

EASTERN CARIBBEAN CENTRAL BANK STATEMENT OF CHANGES IN EQUITY

Allocation to general reserve (6,238,544) 6,238,544 - - - - - - -

Allocation from pension reserve (note 20) 327,000 - - - - - - (327,000) -

Allocation to self- insurance reserve fund (note 20) (409,643) - - - - - 409,643 - -

Total $

Balance, March 31, 2016 - 104,867,765 6,537,928 82,106,312 22,048,756 1,808,877 10,980,827 14,467,000 242,817,465 Net profit for the year 6,321,187 - - - - - - - 6,321,187 Actuarial gains on defined benefit pension plan (note 21) - - - - - - - 12,370,000 12,370,000 Net change in fair value of

investment securities and money market instruments (note 20) - - - - (39,340,799) - - - (39,340,799)

$

Pension

Reserve

Total comprehensive income 6,321,187 - - - (39,340,799) - - 12,370,000 (20,649,612)

Balance, March 31, 2017 - 111,106,309 6,537,928 82,106,312 (17,292,043) 1,808,877 11,390,470 26,510,000 222,167,853

$

Self-

Insurance

Reserve Fund

Accumulated Surplus (expressed n Eastern Caribbean dollars) For the year ended March 31, 2017 $ General Reserve $ Capital Reserve $ Revaluation Reserve: Properties $ Revaluation Reserve: Available- -for-Sale Securities $ Export Credit Guarantee Fund $

8

Eastern Caribbean Central Bank Statement of Changes in Equity For the year ended March 31, 2017 (expressed in Eastern Caribbean dollars)

The notes on pages 11 to 92 are an integral part of these financial statements. The notes on pages 75 to 156 are an integral part of these financial statements.