Consolidated Annual Report 2020

BARBADOS PUBLIC WORKERS’ CO-OPERATIVE CREDIT UNION LIMITED | CONSOLIDATED ANNUAL REPORT 2020 108 BARBADOS PUBLIC WORKERS’ CO-OPERATIVE CREDIT UNION LIMITED Notes to the Consolidated Financial Statements For the year ended March 31, 2020 (Expressed in Barbados dollars) 91 Details of Consolidated Statement of Financial Position Barbados Public Workers Co-operative Credit Union Limited and Its Subsidiaries 2019 BPWCCUL BPWFHI CAPITA FSI Eliminations Total Liabilities and Equity: Liabilities Deposits 18 $ 1,175,003,744 - 240,378,074 (15,307,437) 1,400,074,381 Loans payable 19 - - 13,520,176 - 13,520,176 Reimbursable shares 12,289,404 - - - 12,289,404 Asset tax payable 8 - - 391,611 - 391,611 Deferred taxation 9 - - 60,327 - 60,327 Other liabilities 20 10,788,270 20,378,892 3,266,478 (19,812,588) 14,621,052 Total liabilities $ 1,198,081,418 20,378,892 257,616,666 (35,120,025) 1,440,956,951 Equity Share capital 21 $ 11,400,600 11,500,000 10,297,059 (21,797,059) 11,400,600 Statutory reserves 22 134,058,639 - - 635,645 134,694,284 Other reserves 23 4,573,128 - 4,227,691 (3,897,823) 4,902,996 Retained earnings 4,203,172 (5,272,532) 8,840,254 (7,633,363) 137,531 Total equity 154,235,539 6,227,468 23,365,004 (32,692,600) 151,135,411 Total Liabilities and Equity $ 1,352,316,957 26,606,360 280,981,670 (67,812,625) 1,592,092,362

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