Eastern Caribbean Central Bank
Notes to Consolidated Financial Statements
March 31, 2015
(expressed in Eastern Caribbean dollars)
88
27. Salaries, pensions and other staff benefits
2015
$
2014
$
Salaries, wages and other benefits
25,420,099
26,562,235
Pension (note 21)
2,423,000
3,365,000
Social security
919,424
967,812
Prepaid employee benefit
76,060
89,134
Vacation leave
58,389
(134,907)
Total salaries, pensions and other staff benefits
28,896,972
30,849,274
28.
Administrative and general expenses
2015
$
2014
$
General supplies and services
7,297,771
6,991,245
Professional and consulting fees
5,723,211
4,622,465
Utilities expenses
2,941,225
2,605,384
Travel tickets, accommodation and subsistence
1,098,923
817,166
Conference and meetings
633,049
807,508
Contribution to ECSRC
786,598
739,676
Rental Expense
717,732
710,361
Telephone costs
656,991
681,886
Supervisory and regulatory expenses
283,109
672,346
Contingencies
301,725
474,611
Staff vacation grant
405,513
466,023
Repairs and maintenance
578,762
461,946
Legal fees
398,275
401,294
Training, recruitment and resettlement
269,013
363,446
Insurance expense
795,614
318,804
Advertising and promotion
86,720
188,526
Other staff expenses and amenities
199,388
168,803
Cafeteria subsidy
141,475
132,302
Community outreach
110,673
123,890
Affiliate groups
108,891
102,825
Printing and postage
65,199
79,159
Special projects
77,448
57,087
Subscriptions and fees
54,088
53,601
Contribution to staff association
59,632
47,327
Directors' travel and subsistence
10,800
12,800
Total administrative and general expenses
23,801,825
22,100,481
Eastern Caribbean Central Bank
Notes to Consolidated Financial Statements
March 31, 2015
(expressed in Eastern Caribbean dollars)
88
27. Salaries, pensions and other staff benefits
2015
$
2014
$
Salaries, wages and other benefits
25 0 99
26 5 2 235
Pension (note 21)
2,423 000
3,3 5 000
Soci l s curity
919 424
967 812
Prepa d employee benefit
76 060
89 134
Vacation leave
58,389
(134,907)
Total salaries, pensions and other staff benefits
28,896,972
30,849,274
28.
Administrative and general expenses
2015
$
2014
$
Gen ral supplies and services
7 297 77
6 991 24
Professional and consulting fees
5 723 11
4 22 465
Utilities expenses
2 941 2 5
2,605 384
Trav l tick ts, accommodation and subsistence
1,098 923
1 166
ference and meetings
633 049
807 508
Co ribution to ECSRC
86 598
39 676
R ntal Expen e
717 732
710 361
Telephone costs
656 991
81 88
Supervisory and regulatory expenses
283 109
6 2 346
Contingencies
3 1 725
74 611
Staff vacation grant
405 513
6 023
R p irs and maintenance
57 762
6 946
Legal fees
398 275
401 294
Traini g, r cruitment and resettlement
269 0 3
63 446
Insurance expense
795 614
31 804
Advertising and promotion
86 720
8 526
Oth r st ff expenses and amenities
99 388
68 8 3
afeteria subsidy
41 4 5
32 302
Community outreach
10 673
23 90
Affil ate groups
108 8 1
102 825
Print ng and postage
65 199
79 159
pecial r jects
77 44
7 087
Subscrip s and ees
4 088
53,601
Contribution to staff association
59 632
47 327
Directors' travel and subsistence
10,800
12,800
Total administrative and general expenses
23,801,825
22,100,481
ECCB
ANNUAL REPORT 2014/2015
129
EASTERN CARIBBEAN CENTRAL BANK
27.
Salaries, pensions and other staff benefits
28.
Administrative and general expenses
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(expressed in Eastern Caribbean dollars)
March 31, 2015
