ECCB 2017-2018 Annual Report and Statement of Accounts

ECCB ANNUAL REPORT 2017/2018

114

Total $

Eastern Caribbean Central Bank Notes to the Financial Statements March 31, 2018 (expressed in Eastern Caribbean dollars) EASTERN CARIBBEAN CENTRAL BANK NOTES TO THE FINANCIAL STATEMENTS (expressed in Eastern Caribbean dollars) March 31, 2018 Eastern Caribbean Dollar $ United States Dollar $ British Pound $ Euro $ Other $ Financial assets Balances with other central banks - 5,890,906 227,742 - 104,440 6,223,088 Balances with foreign banks - 64,548 - - - 64,548 Money market instruments and money at call - 1,508,844,306 - - 524 1,508,844,830 Financial assets held for trading - - 333 656,538 - 656,871 Available-for-sale – foreign investment securities - 3,073,401,604 - 84,265,795 - 3,157,667,399 Balances with local banks 3,221,502 - - - - 3,221,502 Term deposits – domestic 7,748,428 - - - - 7,748,428 Loans and receivables – participating governments’ securities 83,189,928 - - - - 83,189,928 47 Loans and receivables – participating governments’ advances 43,330,371 - - - - 43,330,371 Accounts receivable 12,848,670 - - - - 12,848,670 Available-for-sale – domestic investment securities 624,186 - - - - 624,186 150,963,085 4,588,201,364 228,075 84,922,333 104,964 4,824,419,821 Financial liabilities Demand and deposit liabilities – domestic 4,861,299,250 - - - - 4,861,299,250 Demand and deposit liabilities – foreign 9,823,772 601,681 - - - 10,425,453 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, 2018:

IMF government general resource accounts 1,162,925 - - - - 1,162,925 Financial liabilities held for trading - 45 54,664 146,784 17,637 219,130 4,872,285,947 601,726 54,664 146,784 17,637 4,873,106,758 Net on-balance sheet (4,721,322,862) 4,587,599,638 173,411 84,775,549 87,327 (48,686,937)