13 BARBADOS PUBLIC WORKERS’ CO-OPERATIVE CREDIT UNION LIMITED | CONSOLIDATED ANNUAL REPORT 2021 2021 2020 2019 2018 2017 Financial statistics in percent: Asset Growth 5.86 8.46 10.11 9.92 8.16 Loan Growth 1.39 6.16 5.21 6.85 9.77 Deposit Growth 5.80 9.11 11.12 10.67 9.77 Net Surplus Growth -48.21 71.21 -38.14 8.86 21.02 Return on Assets 0.54 1.11 0.71 1.26 1.26 Return on Equity 5.59 11.56 7.20 12.40 12.77 Operating Efficiency 84.09 74.40 77.78 73.12 73.14 Net Interest Margin 3.95 4.54 4.69 4.99 4.89 2021 2020 2019 2018 2017 Other statistics Delinquency ratio (%) 14.4 10.0 8.6 7.4 6.3 # of members (000’s) 103.0 100.1 95.0 89.2 84.0 # of branches 6 6 6 5 4 2021 2020 2019 2018 2017 Net income per member $92.49 $182.67 $113.09 $194.70 $189.92 Consolidated Financial Highlights For The Years Ended March 31, 2017 To March 31, 2021 Principal Bankers Barbados Public Workers’ Co-operative Credit Union Limited - Republic Bank (Barbados) Ltd. BPW Financial Holdings Inc. - CIBC First Caribbean International Bank CAPITA Financial Services Inc. - CIBC First Caribbean International Bank CAPITA Insurance Brokers Inc. - First Citizens Bank (Barbados) Limited Auditors KPMG – Chartered Accountants
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