ECCB 2023-2024 Annual Report

Eastern Caribbean Central Bank Notes to the Financial Statements For the year ended 31 March 2024 (Expressed in Eastern Caribbean dollars)

3. Financial risk management (continued) e) Fair value (continued) (i) Financial instruments not measured at fair value The table below summarises the carrying amounts and fair values of those financial assets and liabilities not presented in the Bank’s statement of financial position at their fair value: Carrying value Fair value 2024 2023 2024 2023 $ $ $ $ Financial assets Balances with other central banks 1,179,342 17,814,003 1,179,342 17,814,003 Balances with foreign banks 44,863 1,020,689 44,863 1,020,689 Money market instruments and money at call 729,451,069 870,824,928 729,451,069 870,824,928 Cash and balances with local banks 1,074,234 1,150,207 1,074,234 1,150,207 Participating governments’ securities 213,267,867 225,602,673 213,267,867 225,602,673 Participating governments’ advances 61,946,545 152,201,810 61,946,545 152,201,810 Account receivable 2,680,829 3,995,102 2,680,829 3,995,102 1,009,644,749 1,272,609,412 1,009,644,749 1,272,609,412 Financial liabilities Demand and deposit liabilities – domestic 5,385,890,262 5,680,620,668 5,385,890,262 5,680,620,668 Lease liabilities 2,721,099 2,918,573 2,721,099 2,918,573 Demand and deposit liabilities – foreign 77,771,381 72,055,416 77,771,381 72,055,416 IMF government general resource accounts 1,178,996 1,176,613 1,178,996 1,176,613 5,467,561,738 5,756,771,270 5,467,561,738 5,756,771,270

74