Consolidated Annual Report 2016

BARBADOS PUBLIC WORKERS’ CO-OPERATIVE CREDIT UNION LIMITED CONSOLIDATED ANNUAL REPORT 2016 70 BARBADOS PUBLIC WORKERS' CO-OPERATIVE CREDIT UNION LIMITED Notes to the Consolidated Financial Statements For the year ended March 31, 2016 (Expressed in Barbados dollars) 58 25. Financial Risk Management, continued 25.4 Market risk, continued Interest rate risk, continued A summary of the Group’s interest rate gap position is as follows: 2015 Up to Within Within Over Non-interest 3 months 3-12 months 1-5 years 5 years bearing Total Assets Cash resources $ 56,129,189 27,760,209 19,218,200 1,488,980 4,175,828 108,772,406 Financial investments 2,082,500 5,714,239 8,004,503 13,150,000 2,033,220 30,984,462 Loans and advances 17,451,443 28,850,836 213,952,597 645,804,655 - 906,059,531 Other assets - - - - 6,383,058 6,383,058 Total assets 75,663,132 62,325,284 241,175,300 660,443,635 12,592,106 1,052,199,457 Liabilities Deposits 480,508,713 114,971,690 287,900,537 31,931,000 - 915,311,940 Loans payable 779,448 2,345,924 15,349,402 33,560,168 - 52,034,942 Reimbursable shares - - - - 6,700,221 6,700,221 Other liabilities 5,498,287 - - - 4,525,210 10,023,497 Total liabilities 486,786,448 117,317,614 303,249,939 65,491,168 11,225,431 984,070,600 Interest rate gap $ (411,123,316) (54,992,330) (62,074,639) 594,952,467 1,366,675 68,128,857