ECCB 2022-2023 Annual Report and Financial Statements

Eastern Caribbean Central Bank Statement of Financial Position As of 31 March 2023 (Expressed in Eastern Caribbean dollars)

31 March 2022 $

Notes 31 March 2023 $

Assets Foreign assets Regional and foreign currencies Balances with other central banks Balances with foreign banks

155,391,151 13,482,886

137,783,494 17,814,003

5 5 6 7 9

692,982

1,020,689

780,769,312

1,125,192,909

Money market instruments and money at call

-

60,473

Derivative financial instruments Foreign investment securities

4,290,360,787

3,990,588,778

5,240,757,591

5,272,399,873

Domestic assets Cash and balances with local banks Domestic investment securities Participating governments’ securities Participating governments’ advances

600,759 624,186

1,150,207

624,186

9

216,834,892 91,017,282 30,928,080 26,692,155 183,990,157 2,209,083 34,197,000 5,991,182

225,602,673 152,201,810 30,401,927 26,764,949 186,706,837 2,684,546 30,976,000 7,963,998

10 11 12 14 15 16 22

Accounts receivable, prepaid expenses and other assets

Investments in associated undertakings using the equity method 13

Intangible assets

Property and equipment

Right-of-use assets

Pension asset

593,084,776

665,077,133

5,833,842,367

Total Assets

5,937,477,006

Liabilities Demand and deposit liabilities - domestic Demand and deposit liabilities - foreign IMF government general resource accounts

5,521,949,281

5,680,620,668

17 18 19 20 16

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

72,055,416 1,176,612

485,367

Derivative financial instruments

2,918,573

Lease liabilities

5,582,384,994

Total Liabilities

5,757,256,636

Equity General reserve Other reserves

190,598,694 60,858,679

134,889,895 45,330,475

21

251,457,373

Total Equity

180,220,370

5,833,842,367

Total Liabilities and Equity

5,937,477,006

Approved for issue by the Board of Directors on 29 June 2023 and signed on its behalf by:

_________________________ Governor

Director, Accounting Department

The notes on pages 8 to 119 are an integral part of these financial statements.

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