Consolidated Annual Report 2014

BARBADOS PUBLIC WORKERS’ CO-OPERATIVE CREDIT UNION LIMITED ANNUAL REPORT 2014 7 2014 2013 2012 2011 2010 Restated Restated Restated Financial statistics in percent: Asset Growth 6.91 4.93 7.63 25.39 12.08 Loan Growth 6.52 3.32 5.21 30.64 12.08 Deposit Growth 8.64 4.95 9.22 21.16 10.85 Net Surplus Growth -13.55 39.28 55.72 -33.08 21.97 Return on Assets 1.15 1.41 1.08 0.80 1.42 Return on Equity 12.35 16.08 13.10 9.28 15.48 Operating Efficiency 76.10 70.61 77.87 83.00 71.54 Net Interest Margin 4.95 4.90 4.91 5.01 5.11 2014 2013 2012 2011 2010 Other statistics Delinquency ratio (%) 6.7 7.5 7.2 3.9 3.3 # of members (000’S) 68.7 64.7 61.6 58.6 55.3 # of branches 4 4 3 3 3 Income before tax per member $165.24 $202.96 $152.94 $103.28 $163.54 CONSOLIDATED FINANCIAL HIGHLIGHTS FOR THE YEARS ENDED MARCH 31, 2010 TO MARCH 31, 2014 In Bds $’000 Principal Bankers Barbados Public Workers’ Co-operative Credit Union Limited - Republic Bank (Barbados) Ltd. BPW Financial Holdings Inc. - CIBC First Caribbean International Bank Capita Financial Services Inc. - CIBC First Caribbean International Bank Auditors KPMG – Chartered Accountants