ECCB 2023-2024 Annual Report
Eastern Caribbean Central Bank Statement of Cash Flows For the year ended 31 March 2024 (Expressed in Eastern Caribbean dollars)
Notes
2024 $
2023 $
Cash flows from operating activities Profit (loss) for the year
80,162,272
(54,520,799)
Adjustments for: Depreciation of property and equipment Depreciation of right-of-use assets Amortisation of intangible assets Share of profit of associates Net pension cost during the year Gain on sale of property and equipment
6,531,909 955,150 907,112 (1,884,325) 3,536,000 115
15 16 14 13 29 28 28 27 30 26 26 26 9
6,309,524 788,370 957,798 35,247,720 (685,160) 1,701,000 46,937,350 1,194,873 (90,053,738) 1,457,982 (8,631) -
Net losses on sale of foreign investment securities at FVOCI
(2,420) (18,857 )
Gain on lease modification
-
Net losses on foreign investment securities at FVTPL Net impairment losses on financial assets
2,623,122 (159,829,373) 4,464,527
Interest income
Interest expense on demand and deposit liabilities
171,764
152,314
Interest expense on lease liabilities
Cash flows used in operations before changes in operating assets and liabilities
(62,383,004)
(50,521,397)
Changes in operating assets and liabilities Money market instruments Participating governments' securities Participating governments' advances Accounts receivable and prepaid expenses
94,400,066 12,271,184 90,156,379 (1,451,031) (60,608 ) (460,070) (289,465,667)
6
167,985,238 (8,645,491) (60,759,671) (886,343) (1,109,982) 175,557,329 60,473
10 11 12
7
Derivative financial asset Derivative financial liabilities
20
17, 18
Demand and deposit liabilities - domestic and foreign IMF government general resource accounts
2,384
19
(80,258)
Cash (used in) generated from operations before interest and pension contributions
(156,990,367)
221,599,898
159,690,656 (4,185,065) (3,056,000) (4,540,776)
87,459,663 (1,610,296) (2,889,000) 304,560,265
Interest received Interest paid
Pension contributions paid
Net cash (used in) generated from operating activities
Cash flows from investing activities
15 14
(17,315,377) (345,586)
Acquisition of property and equipment Acquisition of intangible assets Proceeds from sale of property and equipment Proceeds from sales and maturities of foreign investment securities at FVOCI Purchase of foreign investment securities at FVOCI Purchase of foreign investment securities at FVTPL Principal collections on foreign investment securities at FVTPL Proceeds from sale of foreign investment securities at FVTPL
(9,292,781) (2,665,156)
3,231
9,750
5,527,510,805
2,655,464,534
(5,796,210,505) (2,684,596,821)
- - -
(120,795,390) 30,491,473 325,146,786
13
465,028
Dividends received from associates
612,366
Net cash (used in) generated from investing activities
(285,892,404)
194,374,761
6
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