Non-Consolidated Annual Report 2017

BARBADOS PUBLIC WORKERS’ CO-OPERATIVE CREDIT UNION LIMITED | NON-CONSOLIDATED ANNUAL REPORT 2017 70 BARBADOS PUBLIC WORKERS' CO-OPERATIVE CREDIT UNION LIMITED Notes to the Non-consolidated Financial Statements For the year ended March 31, 2017 (Expressed in Barbados dollars) 55 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: 2017 Up to Within Within Over Non-interest 3 months 3-12 months 1-5 years 5 years bearing Total Cash resources $ 53,738,037 32,877,390 7,404,191 - - 94,019,618 Financial investments – Held-to-maturity 2,276,195 6,000,000 14,241,655 6,018,357 - 28,536,207 Loans and advances 21,089,122 33,664,948 242,208,051 603,477,419 - 900,439,540 Due from related companies - - - - 20,438,323 20,438,323 Other assets - - - - 5,544,754 5,544,754 Total assets $ 77,103,354 72,542,338 263,853,897 609,495,776 25,983,077 1,048,978,442 Deposits $ 500,010,117 89,885,193 331,823,656 34,416,231 - 956,135,197 Loans payable 94,983 284,950 1,566,518 3,370,925 - 5,317,376 Reimbursable shares - - - - 7,875,475 7,875,475 Other liabilities - - - - 8,381,530 8,381,530 Total liabilities 500,105,100 90,170,143 333,390,174 37,787,156 16,257,005 977,709,578 Interest rate gap $ (423,001,746) (17,627,805) (69,536,277) 571,708,620 9,726,072 71,268,864