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 2022:

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 Derivative financial instruments Foreign investment securities Cash and balances with local banks Participating governments’ securities Participating governments’ advances Money market instruments and money at call

111,500,820 13,219,643

5,812,954

14,897,447

23,179,930

155,391,151 13,482,886

- - - - -

163,894

- - - - - - - - - -

99,349

692,982

692,982

- - - - - - - - -

- -

780,769,312

780,769,312

18,793

41,680

60,473

- 4,290,360,787

- 4,290,360,787

600,759

600,759

- - - - -

- - - - -

216,834,892 91,017,282

216,834,892 91,017,282

Accounts receivable

3,279,268

3,279,268

Domestic investment securities

624,186

624,186

312,356,387 5,196,562,337

5,976,848

14,897,447

23,320,959 5,553,113,978

Financial liabilities Demand and deposit liabilities – domestic

5,521,949,281

- 5,521,949,281

- -

- - -

- - -

Lease liability

2,414,020 51,602,396

2,414,020 55,169,474 1,595,349 1,256,870

- -

Demand and deposit liabilities – foreign

3,567,078 1,377,886

Derivative financial instruments

13,783

139,338

64,342

-

IMF government general resource accounts

1,256,870

-

-

-

-

5,577,222,567

4,944,964

13,783

139,338

64,342 5,582,384,994

Net assets (liabilities)

(5,264,866,180) 5,191,617,373

5,963,065

14,758,109

23,256,617 (29,271,016)

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