ECCB 2022-2023 Annual Report and Financial Statements

Eastern Caribbean Central Bank Notes to the Financial Statements For the year ended 31 March 2023 (expressed in Eastern Caribbean dollars)

Financial risk management (continued)

3.

c) Market risk (continued)

ii) Currency risk (continued)

The table below analyses assets and liabilities of the Bank into the respective currency positions as of 31 March 2023:

Eastern Caribbean Dollar $

United States Dollar $

British Pound $

Euro $

Other $

Total $

Financial assets Regional and foreign currencies Balances with other central banks Balances with foreign banks

111,956,580 17,450,971

4,475,570

11,975,834

9,375,510

137,783,494 17,814,003

- - -

264,346

98,686

- - - - - - - - -

1,020,689

1,020,689

- - - - - - - -

-

Money market instruments and money at call

- 1,125,192,909 - 3,990,588,778

- 1,125,192,909 - 3,990,588,778

Foreign investment securities

Cash and balances with local banks Participating governments’ securities Participating governments’ advances

1,150,207

1,150,207

- - - - -

- - - - -

225,602,673 152,201,810

225,602,673 152,201,810

Accounts receivable

3,995,102

3,995,102

Domestic investment securities

624,186

624,186

383,573,978 5,246,209,927

4,739,916

11,975,834

9,474,196 5,655,973,851

Financial liabilities Demand and deposit liabilities – domestic

5,680,620,668

- 5,680,620,668

- -

- - -

- - -

Lease liability

2,918,573 71,101,412

2,918,573 72,055,416

- -

Demand and deposit liabilities – foreign

954,004

Derivative financial instruments

-

- -

127,837

306,718

50,812

485,367

IMF government general resource accounts

1,176,612

1,176,612

-

-

-

5,755,817,265

954,004

127,837

306,718

50,812 5,757,256,636

Net assets (liabilities)

(5,372,243,287) 5,245,255,923

4,612,079

11,669,116

9,423,384 (101,282,785)

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