Eastern Caribbean Central Bank 2024-2025 Annual Report

Eastern Caribbean Central Bank Statement of Cash Flows For the year ended 31 March 2025 (Expressed in Eastern Caribbean dollars)

Notes

2025 $

2024 $

Cash flows from operating activities Profit for the year

126,228,514

80,162,272

Adjustments for: Depreciation of property and equipment

7,424,008 948,078 871,680 (647,984) (2,377,602) 1,912,000 (50,981)

15 16 14

6,531,909 955,150 907,112

Depreciation of right-of-use assets Amortisation of intangible assets

Net (gains)/losses on sale of foreign investment securities at FVOCI Share of profit of associates Net pension cost during the year Gain on sale of property and equipment

9

115

13 28 27 27 29 30 26 26 26

(1,884,325) 3,536,000 (2,420) (18,857) 2,623,122

(10,068)

Gain on lease modification

(8,054,354) 5,389,505 (211,352,025) 9,338,632

Impairment (reversals/recoveries)/losses on financial assets

Derecognition of intangible asset

-

Interest income

(159,829,373) 4,464,527

Interest expense on demand and deposit liabilities

189,127

171,764

Interest expense on lease liabilities

Cash flows used in operations before changes in operating assets and liabilities

(70,191,470)

(62,383,004)

Changes in operating assets and liabilities Money market instruments Participating governments' securities Participating governments' advances

544

6

94,400,066 12,271,184 90,156,379 (1,451,031)

9,773,563 (47,829,862)

10 11 12

1,600,782

Accounts receivable and prepaid expenses

57,846 35,321

7

(60,608) (460,070)

Derivative financial asset Derivative financial liabilities

20

188,023,800

17, 18

(289,465,667)

Demand and deposit liabilities - domestic and foreign IMF government general resource accounts

(25,459)

19

2,384

Cash generated from (used in) operations before interest and pension contributions

81,445,065

(156,990,367)

200,193,288 (9,674,985) (3,581,000)

159,690,656 (4,185,065) (3,056,000)

Interest received

Interest paid

22

Pension contributions paid

Net cash generated from (used in) operating activities

268,382,368

(4,540,776)

Cash flows from investing activities

15 14

(17,598,020)

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

(17,315,377) (345,586)

(34,290) 62,588

3,231

10,087,286,927

9 9

5,527,510,805

(10,504,079,084) (5,796,210,505)

13

661,479

Dividends received from associates

465,028

Net cash used in investing activities

(433,700,400)

(285,892,404)

6