ECCB 2023-2024 Annual Report
Eastern Caribbean Central Bank Statement of Changes in Equity (continued) For the year ended 31 March 2024 (Expressed in Eastern Caribbean dollars)
Export Credit Guarantee Fund $
Investment Revaluation Reserve $
Self Insurance Reserve Fund $
Pension Reserve $
Retained Earnings $
General Reserve $
Capital Reserve $
Revaluation Reserve $
Total $
Balance, 31 March 2022
- 190,598,694 6,537,928 118,910,732 (115,084,402) 14,488,544
34,197,000
1,808,877 251,457,373
-
-
-
-
-
-
- (54,520,799)
Loss for the year
(54,520,799)
Remeasurement loss on defined benefit pension plan (note 22)
-
-
-
-
-
-
-
(4,409,000)
(4,409,000)
Net change in fair value of investment securities at FVOCI
-
-
-
-
-
-
- (12,307,204)
(12,307,204)
Total comprehensive loss
-
-
-
-
- (71,237,003)
(54,520,799)
(12,307,204)
(4,409,000)
-
-
-
-
-
-
-
Allocation from general reserve
55,708,799 (55,708,799)
-
-
-
-
-
-
-
Allocation to pension reserve (note 21) (1,188,000)
1,188,000
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
The accompanying notes are an integral part of these financial statements.
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