ECCB 2017-2018 Annual Report and Statement of Accounts

ECCB ANNUAL REPORT 2017/2018 Eastern Caribbean Central Bank Statement of Financial Position As of March 31, 2018 (expressed in Eastern Caribbean dollars)

72

EASTERN CARIBBEAN CENTRAL BANK STATEMENT OF FINANCIAL POSITION

(expressed in Eastern Caribbean dollars)

As at March 31, 2018

Notes March 31, 2018 $

March 31, 2017 $

Assets Foreign assets Regional and foreign currencies Balances with other central banks Balances with foreign banks

68,773,676 6,223,088

56,446,538 11,856,639

4 4 5

64,548

52,855

1,508,844,830

Money market instruments and money at call Financial assets held for trading Available-for-sale - foreign investment securities

1,616,346,185

656,871

12

139,184

3,157,667,399 4,742,230,412

8

2,939,511,859 4,624,353,260 1,838,469 21,037,397 10,059,690 624,186 73,334,339 40,496,304 28,817,170 16,532,991 1,809,570 126,229,435 26,510,000 347,289,551 4,971,642,811

Domestic assets Cash and balances with local banks

3,221,502

-

Due from local banks

7,748,428 624,186 83,189,928 43,330,371 24,933,169 17,470,403 2,519,909 135,814,044 26,948,000 345,799,940 5,088,030,352

Term deposits

6 8 9

Available-for-sale - domestic investment securities Loans and receivables - participating governments’ securities Loans and receivables - participating governments’ advances

10 11 14 15 21

Accounts receivable and prepaid expenses

Investments in associated undertakings using the equity method 13

Intangible assets

Property, plant and equipment

Pension asset

Total Assets

Liabilities Demand and deposit liabilities - domestic Demand and deposit liabilities - foreign Financial liabilities held for trading IMF government general resource accounts

4,861,299,250 10,425,453

16 17 19 18

4,737,355,128 10,284,983

219,130 1,162,925

701,403 1,133,444

Total Liabilities Equity General reserve Other reserves

4,873,106,758

4,749,474,958

120,456,442 94,467,152 214,923,594

111,106,309 111,061,544 222,167,853 4,971,642,811

20

Total Equity

Total Liabilities and Equity

5,088,030,352

Approved for issue by the Board of Directors on June 8, 2018.

_________________________ Governor ______________________ Director – Accounting Department ______________________ Director, Accounting Department _________________________ Governor

The notes on pages 11 to 95 are an integral part of these financial statements. The notes on pages 78 to 162 are an integral part of these financial statements.

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