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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