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)

8. Financial instruments (continued) a) Classification of financial assets and liabilities (continued) The following table provides a reconciliation between line items in the statement of financial position and categories of financial instruments as at 31 March 2024:

FVOCI - equity instruments Amortised cost

Mandatorily at FVTPL

Designated at FVTPL

FVOCI - debt instruments

Total carrying amount

Financial assets

Regional and foreign currencies

-

-

-

-

166,233,126

166,233,126

Balances with other central banks

-

-

-

-

1,179,342

1,179,342

-

-

-

-

44,863

44,863

Balances with foreign banks

-

-

-

729,451,069

729,451,069

Money market instruments and money at call

Derivative financial instruments

60,608

-

-

-

-

60,608

Foreign investment securities

-

-

4,325,491,765

78,205

-

4,325,569,970

Cash and balances with local banks

-

-

-

-

1,074,234

1,074,234

Domestic investment securities

-

-

-

624,186

-

624,186

Participating governments securities

-

-

-

-

213,267,867 213,267,867

Participating governments advances

-

-

-

-

61,946,545 61,946,545

Accounts receivable

-

-

-

-

2,680,829

2,680,829

Total Financial Assets

60,608

-

4,325,491,765

702,391 1,175,877,875 5,502,132,639

Demand and deposit liabilities – domestic

-

-

-

-

5,385,890,2625,385,890,262

Lease liabilities

-

-

-

-

2,721,099

2,721,099

Demand and deposit liabilities – foreign

-

-

-

-

77,771,381 77,771,381

Derivative financial instruments

25,297

-

-

-

-

25,297

-

-

-

-

1,178,996

1,178,996

IMF government general resource accounts

Total Financial Liabilities

25,297

-

-

-

5,467,561,738 5,467,587,035

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