ECCB 2023-2024 Annual Report

Eastern Caribbean Central Bank Statement of Profit or Loss and Other Comprehensive Income

For the year ended 31 March 2024 (Expressed in Eastern Caribbean dollars)

2024 $

Notes

2023 $

Profit (loss) for the year

80,162,272

(54,520,799)

Other comprehensive income (loss) Items that are or may be subsequently reclassified to profit or loss: Net gains (losses) from changes in the fair value of foreign debt investments at FVOCI 21 Losses on sale of foreign debt investment securities at FVOCI recycled to profit or loss 9

66,894,961

(47,368,141)

115

35,247,720

Expected credit losses (reversals) on foreign debt investment securities at FVOCI

21

(560,043)

(186,783)

13

(15,342,573) 50,992,460

Share of associates fair value losses on investments at FVOCI

-

(12,307,204)

Items that will not be reclassified to profit or loss: Remeasurement gains (losses) on defined benefit pension plan

22

4,851,000

(4,409,000)

Total other comprehensive income (loss) for the year

55,843,460

(16,716,204)

Total comprehensive income (loss) for the year

136,005,732

(71,237,003)

The accompanying notes are an integral part of these financial statements.

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