Non-Consolidated Annual Report 2016

BARBADOS PUBLIC WORKERS’ CO-OPERATIVE CREDIT UNION LIMITED NON-CONSOLIDATED ANNUAL REPORT 2016 68 BARBADOS PUBLIC WORKERS' CO-OPERATIVE CREDIT UNION LIMITED Notes to the Non-consolidated Financial Statements For the year ended March 31, 2016 (Expressed in Barbados dollars) 53 24. Financial Risk Management, continued Market risk, continued Interest rate risk , continued A summary of the Credit Union’s interest rate gap position is as follows: 2016 Up to Within Within Over Non-interest 3 months 3-12 months 1-5 years 5 years bearing Total Cash resources $ 49,511,549 48,622,522 4,028,158 - - 102,162,229 Financial investments – Held-to-maturity - 2,471,442 17,650,000 8,952,741 - 29,074,183 Loans and advances 18,523,795 29,718,531 211,981,543 557,614,901 - 817,838,770 Due from related companies - - - - 17,307,614 17,307,614 Other assets - - - - 5,112,570 5,112,570 Total assets $ 68,035,344 80,812,495 233,659,701 566,567,642 22,420,184 971,495,336 Deposits $ 459,528,786 84,320,773 286,521,344 32,528,788 - 862,899,691 Loans payable 699,074 2,125,387 11,224,805 8,234,049 - 22,283,315 Reimbursable shares - - - - 7,165,090 7,165,090 Other liabilities - - - - 8,558,025 8,558,025 Total liabilities 460,227,860 86,446,160 297,746,149 40,762,837 15,723,115 900,906,121 Interest rate gap $ (392,192,516) (5,633,665) (64,086,448) 525,804,805 6,697,069 70,589,245