Consolidated Annual Report 2017

BARBADOS PUBLIC WORKERS’ CO-OPERATIVE CREDIT UNION LIMITED | CONSOLIDATED ANNUAL REPORT 2017 72 BARBADOS PUBLIC WORKERS' CO-OPERATIVE CREDIT UNION LIMITED Notes to the Consolidated Financial Statements For the year ended March 31, 2017 (Expressed in Barbados dollars) 60 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: 2016 Up to Within Within Over Non-interest 3 months 3-12 months 1-5 years 5 years bearing Total Assets Cash resources $ 73,065,324 46,374,356 4,028,158 - 4,875,828 128,343,666 Financial investments 79,986 2,471,442 19,970,869 10,102,741 2,405,377 35,030,415 Loans and advances 23,917,100 31,142,146 234,395,420 711,975,322 - 1,001,429,988 Other assets - - - - 10,649,438 10,649,438 Total assets 97,062,410 79,987,944 258,394,447 722,078,063 17,930,643 1,175,453,507 Liabilities Deposits 510,870,196 177,981,421 328,560,068 36,383,171 - 1,053,794,856 Loans payable 699,074 2,125,387 13,455,642 24,731,227 - 41,011,330 Reimbursable shares - - - - 7,165,090 7,165,090 Other liabilities - - - - 12,716,477 12,716,477 Total liabilities 511,569,270 180,106,808 342,015,710 61,114,398 19,881,567 1,114,687,753 Interest rate gap $ (414,506,860) (100,118,864) (83,621,263) 660,963,665 (1,950,924) 60,765,754