Non-Consolidated Annual Report 2020

BARBADOS PUBLIC WORKERS’ CO-OPERATIVE CREDIT UNION LIMITED | NON-CONSOLIDATED ANNUAL REPORT 2020 63 BARBADOS PUBLIC WORKERS' CO-OPERATIVE CREDIT UNION LIMITED Notes to the Non-consolidated Financial Statements For the year ended March 31, 2020 (Expressed in Barbados dollars) 46 22. Commitments and Contingencies (i) Loan commitments 2020 2019 Consumer loans approved and pending disbursement $ 15,152,294 16,591,531 Mortgage loans approved and pending disbursement 51,598,470 21,683,496 Available balances on line of credit accounts 15,552,625 15,461,119 Gross commitments $ 82,303,389 53,736,146 The total expected credit loss (ECL) allowance on undrawn loan commitments at March 31, is as follows: 2020 2019 Gross Gross Carrying Carrying Amount ECL Amount ECL Consumer $ 15,152,294 91,921 16,591,531 98,173 Mortgages 51,598,470 52,923 21,683,496 28,356 $ 66,750,764 144,844 38,275,027 126,529 Line of credits available 15,552,625 94,739 15,461,119 93,331 $ 82,303,389 239,583 53,736,146 219,860 The movement in the expected credit loss allowance: 2020 2019 Balance at beginning of year $ 219,860 - Impact of IFRS 9 - 262,050 Balance at beginning of year (adjusted) 219,860 262,050 Expected credit loss 19,722 (42,190) Balance at end of year $ 239,582 219,860 The expected credit allowance for the undrawn loan commitments is included in other liabilities in note 17.