ECCB 2016/2017 Annual Report

ECCB ANNUAL REPORT 2016/2017

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(expressed in Eastern Caribbean dollars) Eastern Caribbean Central Bank Notes to the Financial Statements March 31, 2017 (expressed in Eastern Caribbean dollars) Eastern Caribbean Central Bank Notes to the Financial Statements March 31, 2017 (expressed in Eastern Caribbean dollars) 8. Available-for-sale investment securities 8. Available-for-sale investment securities

EASTERN CARIBBEAN CENTRAL BANK NOTES TO THE FINANCIAL STATEMENTS

March 31, 2017

2017 $

2016 $

2017 $

2016 $

Domestic securities Equity securities Domestic securities Equity securities

Caribbean Information and Credit Rating Agency Services Ltd. 156,180 (2016: 156,180) ordinary shares of $2.70 each - unquoted, at cost Eastern Caribbean Automated Clearing House Services Inc. 20,500 (2016: Nil ) ordinary shares of $10.00 each - unquoted, at cost Caribbean Information and Credit Rating Agency Services Ltd. 156,180 (2016: 156,180) ordinary shares of $2.70 each - unquoted, at cost Eastern Caribbean Automated Clearing House Services Inc. 20,500 (2016: Nil ) ordinary shares of $10.00 each - unquoted, at cost

421,686

421,686

421,686

421,686

202,500 624,186

-

202,500 624,186

-

421,686

421,686

Foreign securities Debt securities Foreign securities Debt securities

2,928,601,754 2,849,762,722 2,928,601,754 2,849,762,722

- quoted, at fair value - quoted, at fair value

10,910,105 10,910,105

Interest receivable Interest receivable Total foreign securities Total foreign securities Total investment securities Total investment securities

13,016,115

13,016,115

2,939,511,859 2,862,778,837 2,939,511,859 2,862,778,837 2,940,136,045 2,863,200,523 2,184,825,2 0 2,190,082,152 2,940,136,045 2,863,200,523 2,940,136,045 2,863,200,523 755,310,775 755,310,775 673,118,371 673,118,371 2,184,825,270 2,190,082,152 2,940,136,045 2,863,200,523

Current Current Non-current Non-current

The movement in investment securities may be summarised as follows: The movement in investment securities may be summarised as follows:

Foreign Investment Securities $ Foreign Investm nt Securiti s $

Domestic Securities $ Domestic Securities $

Balance as of March 31, 2015 Balance as of March 31, 2015 Additions Disposals (sale and redemption) Net gain transf r to equity et gain transfer fr m equity Balance as of March 31, 2016 Additions Disposals (sale and redemption) Net gain transfer to equity Net gain transfer from equity Balance as of March 31, 2016 Additions Disposals (sale and redemption) Net loss transf r to equity et gain tr sf r from equity Balance as of March 31, 2017 Additions Disposals (sale and redemption) Net loss transfer to equity Net gain transfer from equity Balance as of March 31, 2017

421,686 2,527,900,901 - 5,036,447,795 - (4,719,326,183) 421,686 2,527,900,901 - 5,036,447,7 5 - (4,719,326,183) 8,055, 21 421,686 2,849,762,722 202,500 4,232,720,338 - (4,114,415,365) 421,686 2,849,762,722 20 ,500 4,232,720,338 - (4,114,415,365) (38,638,473) 624,186 2,928,601,754 624,186 2,928,601,754 - - - - - - 8,055,121 (3,314,912) (3,314,912) - - (38,638,473) (827,468) (827,468)

The Bank transferred gains of $827,468 (2016: gains of $3,314,912) from equity into the statement of profit or loss. The Bank transferred gains of $827,468 (2016: gains of $3,314,912) from equity into the statement of profit or loss.

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