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 interest in its principal associates, both of which are unlisted, is as follows as of 31 March 2025:

% Interest held %

Assets $

Liabilities $

Revenue $

Profit $

Entity

ECHMB

512,020,299 64,575,859

(431,059,379) (43,542,241)

23,582,677 7,086,825

6,211,564 2,556,915

24.80 32.74

ECSE

The Bank’s interest in its principal associates, both of which are unlisted, is as follows as of 31 March 2024:

% Interest held %

Assets $

Liabilities $

Revenue $

Profit $

Entity

ECHMB

491,350,562 98,058,669

(419,023,786) (79,581,967)

21,543,846 6,190,175

5,236,496 2,115,646

24.80 32.74

ECSE

The Bank’s interest has been determined on the basis of the unaudited financial statements for these entities, as the timing for receipt of the audited financial statements is after the scheduled date for finalization of the ECCB’s accounts. The 2024 comparatives represent audited financial results for these entities, which were not materially different to the unaudited amounts used in the preparation of the Bank’s financial statements for the year ended 31 March 2024.

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