Non-Consolidated Annual Report 2020

BARBADOS PUBLIC WORKERS’ CO-OPERATIVE CREDIT UNION LIMITED | NON-CONSOLIDATED ANNUAL REPORT 2020 23 6 BARBADOS PUBLIC WORKERS’ CO-OPERATIVE CREDIT UNION LIMITED Non-consolidated Statement of Comprehensive Income For the year ended March 31, 2020 With comparative figures for 2019 (Expressed in Barbados dollars) Note 2020 2019 Net income for the year $ 17,091,949 11,962,207 Other comprehensive income Items that will never be reclassified to profit or loss Remeasurements of defined benefit asset 13 331,573 (1,548,205) Items that are or may be reclassified to profit or loss Net unrealised gain on FVOCI investments 351,356 235,000 Other comprehensive income (loss), net of tax 682,929 (1,313,205) Total comprehensive income for the year $ 17,774,878 10,649,002 The accompanying notes form an integral part of these non-consolidated financial statements.