Eastern Caribbean Central Bank 2024-2025 Annual Report

Eastern Caribbean Central Bank Notes to the Financial Statements For the year ended 31 March 2025 (Expressed in Eastern Caribbean dollars)

13. Investments in associates (continued)

The Bank’s investments in associates are detailed below:

2025 $

2024 $

Eastern Caribbean Home Mortgage Bank (ECHMB) Balance at beginning of year Share of profit for the year Dividend received during the year Share of other comprehensive income / (loss)

7,615,987 1,540,468 (334,060) 859,051 9,681,446

22,032,920 1,259,700 (334,060) (15,342,573)

Balance at end of year

7,615,987

Eastern Caribbean Securities Exchange (ECSE) Balance at beginning of year

5,205,676 837,134 (327,419) 5,715,391

4,712,019 624,625 (130,968) 5,205,676

Share of profit for the year Dividend received during the year

Balance at end of year

OECS Distribution and Transportation Company (ODTC) Balance at beginning and end of year

20,010

20,010

Total investments in associates

15,416,847

12,841,673

The total share of profit of associates recognised in the statement of profit or loss was $2,377,602 (2024: $1,884,325).

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