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 of 31 March 2022:

FVOCI - equity instruments Amortised cost

Mandatorily at FVTPL

Designated at FVTPL

FVOCI - debt instruments

Total carrying amount

Financial assets

Regional and foreign currencies

-

-

-

-

155,391,151

155,391,151

Balances with other central banks

-

-

-

-

13,482,886

13,482,886

Balances with foreign banks

-

-

-

-

692,982

692,982

Money market instruments and money at call

-

369,340,454

411,428,858

780,769,312

Derivative financial instruments

60,473

-

-

-

-

60,473

Foreign investment securities

- 283,309,117 4,006,973,465

78,205

-

4,290,360,787

Cash and balances with local banks

-

-

-

-

600,759

600,759

Domestic investment securities

-

-

-

624,186

-

624,186

Participating governments securities

-

-

-

-

216,834,892 216,834,892

Participating governments advances

-

-

-

-

91,017,282 91,017,282

Accounts receivable

-

-

-

-

3,279,268

3,279,268

60,473 283,309,117 4,376,313,919

702,391

892,728,078 5,553,113,978

Total Financial Assets

Demand Liabilities - domestic

-

-

-

-

5,521,949,2815,521,949,281

Lease liabilities

-

-

-

-

2,414,020

2,414,020

Demand Liabilities - foreign

-

-

-

-

55,169,474 55,169,474

Derivative financial instruments

1,595,349

-

-

-

-

1,595,349

IMF government general resource accounts

-

-

-

-

1,256,870

1,256,870

1,595,349

-

-

-

5,580,789,645 5,582,384,994

Total Financial Liabilities

87