83 / 174
69
ECCB ANNUAL REPORT 2016/2017
EASTERN CARIBBEAN CENTRAL BANK
The notes on pages 75 to 156 are an integral part of these financial statements.
________________________Governor _________________________Director - Accounting Department
STATEMENT OF FINANCIAL POSITION
(expressed in Eastern Caribbean dollars)
As at March 31, 2017
Eastern Caribbean Central Bank
Statement of Financial Position
As of March 31, 2017
(expressed in Eastern Caribbean dollars)
5
Notes March 31, 2017
$
March 31, 2016
$
Assets
Foreign assets
Regional and foreign currencies
56,446,538
51,120,655
Balances with other central banks
4
11,856,639
4,926,288
Balances with foreign banks
4
52,855
77,071
Money market instruments and money at call
5
1,616,346,185
1,736,903,431
Financial assets held for trading
12
139,184
245,988
Available-for-sale - foreign investment securities
8
2,939,511,859
2,862,778,837
4,624,353,260
4,656,052,270
Domestic assets
Cash and balances with local banks
1,838,469
3,187,985
Due from local banks
21,037,397
-
Term deposits
6
10,059,690
10,070,538
Available-for-sale - domestic investment securities
8
624,186
421,686
Loans and receivables - participating governments’ securities
9
73,334,339
83,912,190
Loans and receivables - participating governments’ advances
10
40,496,304
55,692,292
Accounts receivable and prepaid expenses
11
28,817,170
32,712,209
Investments in associated undertakings using the equity method 13
16,532,991
16,048,046
Intangible assets
14
1,809,570
2,459,553
Property, plant and equipment
15
126,229,435
129,337,415
Pension asset
21
26,510,000
14,467,000
347,289,551
348,308,914
Total Assets
4,971,642,811
5,004,361,184
Liabilities
Demand and deposit liabilities - domestic
16
4,737,355,128
4,752,457,319
Demand and deposit liabilities - foreign
17
10,284,983
1,807,143
Financial liabilities held for trading
19
701,403
6,196,019
IMF government general resource accounts
18
1,133,444
1,083,238
Total Liabilities
4,749,474,958
4,761,543,719
Equity
General reserve
111,106,309
104,867,765
Other reserves
20
111,061,544
137,949,700
Total Equity
222,167,853
242,817,465
Total Liabilities and Equity
4,971,642,811
5,004,361,184
Approved for issue by the Board of Directors on June 9, 2017.
_________________________ Governor ______________________ Director – Accounting Department
The notes on pages 11 to 92 are an integral part of these financial statements.