ECCB 2023-2024 Annual Report

Eastern Caribbean Central Bank Statement of Changes in Equity For the year ended 31 March 2024 (Expressed in Eastern Caribbean dollars)

Self Insurance Reserve Fund $

Export Credit Guarantee Fund $

Investment Revaluation Reserve $

Pension Reserve $

Retained Earnings $

General Reserve $

Capital Reserve $

Revaluation Reserve $

Total $

Balance, 31 March 2023

- 134,889,895 6,537,928 118,910,732 (127,391,606) 14,488,544 30,976,000 1,808,877 180,220,370

-

-

-

-

-

-

-

Profit for the year

80,162,272

80,162,272

Remeasurement gain on defined benefit pension plan (note 22) Net change in fair value of investment securities at FVOCI Share of associates fair value losses on investment securities at FVOCI

-

-

-

-

-

- 4,851,000

-

4,851,000

-

-

-

-

-

-

-

66,335,033

66,335,033

-

-

-

-

(15,342,573)

-

-

- (15,342,573)

Total comprehensive income

-

-

- 4,851,000

80,162,272

-

50,992,460

- 136,005,732

-

-

-

-

-

-

-

Allocation to general reserve

(79,405,071) 79,405,071

-

-

-

-

-

-

-

Allocation from pension reserve (note 21)

480,000

(480,000)

Allocation to self-insurance reserve fund (note 21)

-

-

-

-

-

-

(1,237,201)

-

1,237,201

Balance, 31 March 2024

- 214,294,966 6,537,928 118,910,732 (76,399,146) 15,725,745 35,347,000 1,808,877 316,226,102

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

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