Eastern Caribbean Central Bank 2024-2025 Annual Report

Eastern Caribbean Central Bank Statement of Profit or Loss For the year ended 31 March 2025 (Expressed in Eastern Caribbean dollars)

2025 $

Notes

2024 $

211,352,025

159,829,373

26

Interest income

(9,527,759)

(4,636,291)

26

Interest expense

201,824,266

155,193,082

Net interest income

11,451,523

12,526,477

Commission income – foreign transactions

4,122,961

5,289,343

Commission income – other transactions

Net gains/(losses) on sale of foreign investment securities at fair value through other comprehensive income (FVOCI)

9

647,984

(115)

3,552,581

3,106,807

27

Other income

Operating income

221,599,315

176,115,594

47,833,573 4,780,621 871,680 8,372,086 43,944,797 (8,054,354)

42,082,111 4,261,638 907,112 7,487,059 40,476,605 2,623,122

28

Salaries, pensions and other staff benefits

Currency expenses Amortisation

14

15, 16

Depreciation

30 29

Administrative and general expenses

Impairment (reversals/recoveries)/losses on financial assets, net

97,748,403

97,837,647

Operating expenses

123,850,912

78,277,947

Operating profit for the year

2,377,602

1,884,325

13

Share of profit of associates

126,228,514

80,162,272

Profit for the year

The accompanying notes are an integral part of these financial statements.

2