Non-Consolidated Annual Report 2018

67 BARBADOS PUBLIC WORKERS’ CO-OPERATIVE CREDIT UNION LIMITED | NON-CONSOLIDATED ANNUAL REPORT 2018 BARBADOS PUBLIC WORKERS' CO-OPERATIVE CREDIT UNION LIMITED Notes to the Non-consolidated Financial Statements For the year ended March 31, 2018 (Expressed in Barbados dollars) 52 23. Financial Risk Management, continued Credit risk, continued Exposure to credit risk before collateral held or other credit enhancements Credit risk exposures relating to on-balance sheet assets are as follows: Maximum exposure 2018 2017 Loans and advances to customers: Consumer $ 638,042,655 599,620,812 Mortgages 309,901,851 292,041,006 Business 4,606,231 3,685,930 Financial investments: Held-to-maturity 25,993,354 28,536,207 Cash resources 135,632,287 94,019,618 Credit risk exposures relating to off-balance sheet items are as follows: Loan commitments 51,161,754 49,678,392 Total maximum exposure $ 1,165,338,132 1,067,581,965 The above table represents the maximum credit risk exposure of the Credit Union as of March 31, 2018 and March 31, 2017, without taking account of any collateral held or other credit enhancements attached. For on-balance sheet assets, the exposures set out above are based on net carrying amounts as reported in the non-consolidated statement of financial position.