Consolidated Annual Report 2018

BARBADOS PUBLIC WORKERS’ CO-OPERATIVE CREDIT UNION LIMITED | CONSOLIDATED ANNUAL REPORT 2018 88 BARBADOS PUBLIC WORKERS' CO-OPERATIVE CREDIT UNION LIMITED Notes to the Consolidated Financial Statements For the year ended March 31, 2018 (Expressed in Barbados dollars) 73 Details of Consolidated Statement of Financial Position Barbados Public Workers Co-operative Credit Union Limited and Its Subsidiaries 2018 BPWCCUL BPWFHI CAPITA FSI Eliminations Total Liabilities and Equity: Liabilities Deposits 17 $ 1,055,847,259 - 218,938,068 (14,863,082) 1,259,922,245 Loans payable 18 - - 15,229,798 - 15,229,798 Reimbursable shares 9,761,121 - - - 9,761,121 Corporation tax payable - - 30,678 - 30,678 Asset tax payable 7 - - 262,499 - 262,499 Deferred taxation 8 - - 154,141 - 154,141 Other liabilities 19 10,331,988 19,451,531 2,403,160 (19,117,441) 13,069,238 Total liabilities $ 1,075,940,368 19,451,531 237,018,344 (33,980,523) 1,298,429,720 Equity Share capital 20 $ 10,705,800 11,500,000 10,297,059 (21,797,059) 10,705,800 Statutory reserves 21 120,529,279 - 564,518 - 121,093,797 Other reserves 5,518,875 - 3,596,807 (3,262,176) 5,853,506 Retained earnings 11,195,462 (5,023,233) 9,663,441 (6,030,765) 9,804,905 Total equity 147,949,416 6,476,767 24,121,825 (31,090,000) 147,458,008 Total Liabilities and Equity $ 1,223,889,784 25,928,298 261,140,169 (65,070,523) 1,445,887,728