Non-Consolidated Annual Report 2015

BARBADOS PUBLIC WORKERS’ CO-OPERATIVE CREDIT UNION LIMITED NON-CONSOLIDATED ANNUAL REPORT 2015 61 Total 72,722 38,462 96,939 25,274 37,049 70,446 16,285 45,132 00,221 18,620 80,258 90,188 BARBADOS PUBLIC WORKERS' CO-OPERATIVE CREDIT UNION LIMITED Notes to the Non-consolidated Financial Statements For the year ended March 31, 2015 (Expressed in Barbados dollars) 51 24. Financial Risk Management…(continued) Market risk…(continued) Interest rate risk …(continued) 2014 Up to Within Within Over Non-interest 3 months 3-12 months 1-5 years 5 years bearing Cash resources $ 50,444,111 52,168,830 6,615,561 - - Financial investments – Held-to-maturity - 7,286,633 5,459,000 7,650,000 - Loans and advances 14,676,516 23,231,331 194,048,142 452,375,490 - Due from related companies - - - - 17,107,462 Other assets - - - - 3,124,648 Total assets $ 65,120,627 82,686,794 206,122,703 460,025,490 20,232,110 Deposits $ 428,314,292 42,421,541 225,024,499 26,006,498 - Loans payable 4,468,769 2,470,525 14,233,408 22,515,771 - Reimbursable shares - - - - 5,351,432 Other liabilities - - - - 7,967,387 Total liabilities 432,783,061 44,892,066 239,257,907 48,522,269 13,318,819 Interest rate gap $ (367,662,434) 37,794,728 (33,135,204) 411,503,221 6,913,291 2014 Up to Within Within Over Non-interest 3 months 3-12 months 1-5 years 5 years bearing Total Cash resou ces $ 50,444,111 52,168,830 6,615,561 - - 109,228,502 Financial i vestments – Held-t -maturity - 7,286,633 5,459,000 7,650, 00 - 20,395,633 Loans and advances 14,676,516 23,231,331 194,048,142 452,375,490 - 684,331,479 Due from related companies - - - - 17,107,462 17,107,462 Other assets - - - - 3,124,648 3,124,648 Total assets $ 65,120,627 82,686,794 206,122,703 460,025,490 20,232,110 834,187,724 Deposits $ 428,314,292 42,421,541 225,024,499 26,006,498 - 721,766,830 Loans payable 4,468,769 2,470,525 14,233,408 22,515,771 - 43,688,473 Reimbursable shares - - - - 5,351,432 5,351,432 Other liabilities - - - - 7,967,387 7,967,387 Total liabilities 432,783,061 44,892,066 239,257,907 48,522,269 13,318,819 778,774,122 Interest rate gap $ (367,662,434) 37,794,728 (33,135,204) 411,503,221 6,913,291 55,413,602