ECCB 2017-2018 Annual Report and Statement of Accounts

ECCB ANNUAL REPORT 2017/2018

74

EASTERN CARIBBEAN CENTRAL BANK STATEMENT OF OTHER COMPREHENSIVE INCOME Eastern Caribbean Central Bank Statement of Other Comprehensive Income For the year ended March 31, 2018 (expressed in Eastern Caribbean dollars)

For the year ended March 31, 2018

(expressed in Eastern Caribbean dollars)

2018 $

2017 $

Net profit for the year

10,765,278

6,321,187

Other comprehensive income: Items that will never be reclassified subsequently to profit or loss Actuarial (losses) gains on defined benefit pension plan

(415,000)

12,370,000

10,401,633

-

Revaluation adjustment (note 15)

Items that are or may be subsequently reclassified to profit or loss Net change in fair value of available-for-sale financial assets

(27,996,170) (18,009,537)

(39,340,799) (26,970,799)

Other comprehensive loss for the year

Total comprehensive loss for the year

(7,244,259)

(20,649,612)

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

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