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 instruments (continued)

8.

a) Classification of financial assets and liabilities (continued)

The following table provides a reconciliation between line item in the statement of financial position and categories of financial instruments as at 31 March 2023:

FVOCI - equity instruments Amortised cost

Mandatorily at FVTPL

Designated at FVTPL

FVOCI - debt instruments

Total carrying amount

Financial assets

Regional and foreign currencies

-

-

-

-

137,783,494

137,783,494

Balances with other central banks

-

-

-

-

17,814,003

17,814,003

Balances with foreign banks

-

-

-

-

1,020,689

1,020,689

Money market instruments and money at call

-

254,367,980

-

870,824,929 1,125,192,909

Foreign investment securities

-

-

3,990,510,573

78,205

-

3,990,588,778

Cash and balances with local banks

-

-

-

-

1,150,207

1,150,207

Domestic investment securities

-

-

-

624,186

-

624,186

Participating governments securities

-

-

-

-

225,602,673 225,602,673

Participating governments advances

-

-

-

-

152,201,810 152,201,810

Accounts receivable

-

-

-

-

3,995,102

3,995,102

-

-

4,244,878,553

702,391 1,410,392,907 5,655,973,851

Total Financial Assets

Demand and deposit liabilities – domestic

-

-

-

-

5,680,620,6685,680,620,668

Lease liabilities

-

-

-

-

2,918,573

2,918,573

Demand and deposit liabilities – foreign

-

-

-

-

72,055,416 72,055,416

Derivative financial instruments

485,367

-

-

-

-

485,367

IMF government general resource accounts

-

-

-

-

1,176,612

1,176,612

485,367

-

-

-

5,756,771,269 5,757,256,636

Total Financial Liabilities

86