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 of 31 March 2023:

FVOCI - equity instruments Amortised cost

Mandatorily at FVTPL

Designated at FVTPL

FVOCI - debt instruments

Total carrying amount

Financial assets

-

-

-

-

137,783,494

137,783,494

Regional and foreign currencies

Balances with other central banks

-

-

-

-

17,814,003

17,814,003

-

-

-

-

1,020,689

1,020,689

Balances with foreign banks

-

254,367,980

-

870,824,929 1,125,192,909

Money market instruments and money at call

-

-

3,990,510,573

78,205

-

3,990,588,778

Foreign investment securities

Cash and balances with local banks

-

-

-

-

1,150,207

1,150,207

Domestic investment securities

-

-

-

624,186

-

624,186

-

-

-

-

225,602,673 225,602,673

Participating governments securities

Participating governments advances

-

-

-

-

152,201,810 152,201,810

Accounts receivable

-

-

-

-

3,995,102

3,995,102

Total Financial Assets

-

-

4,244,878,553

702,391 1,410,392,907 5,655,973,851

-

-

-

-

5,680,620,6685,680,620,668

Demand and deposit liabilities – domestic

Lease liabilities

-

-

-

-

2,918,573

2,918,573

-

-

-

-

72,055,416 72,055,416

Demand and deposit liabilities – foreign

Derivative financial instruments

485,367

-

-

-

-

485,367

IMF government general resource accounts

-

-

-

-

1,176,612

1,176,612

Total Financial Liabilities

485,367

-

-

-

5,756,771,269 5,757,256,636

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