15 / 72
13
BARBADOS PUBLIC WORKERS’ CO-OPERATIVE CREDIT UNION LIMITED
NON-CONSOLIDATED ANNUAL REPORT 2014
3
BARBADOS PUBLIC WORKERS’ CO-OPERATIVE CREDIT UNION LIMITED
Non-consolidated Statement of Comprehensive Income
For the year ended March 31, 2014
With comparative figures for 2013
(Expressed in Barbados dollars)
2014
2013
Restated*
Net income for the year
$ 10,427,064
11,993,400
Other comprehensive income
Items that will never be reclassified to profit or loss
Remeasurements of defined benefit asset
(330,608) (513,621)
Items that are or may be reclassified to profit or loss
Net unrealized gains (losses) on available-for-sale investments
40,000
(95,000)
Other comprehensive income, net of tax
(290,608) (608,621)
Total comprehensive income for the year
$ 10,136,456
11,384,779
* See Note 2 (d) (iii)
The accompanying notes form an integral part of these non-consolidated financial statements.