101 BARBADOS PUBLIC WORKERS’ CO-OPERATIVE CREDIT UNION LIMITED | SEPARATE FINANCIAL STATEMENTS 2022 BARBADOS PUBLIC WORKERS' CO-OPERATIVE CREDIT UNION LIMITED Notes to the Separate Financial Statements For the year ended March 31, 2022 (Expressed in Barbados dollars) 74 23. Financial Risk Management, continued Credit risk, continued Exposure to credit risk before collateral held or other credit enhancements, continued Credit risk exposures relating to on-balance sheet assets are as follows: Maximum exposure 2022 2021 Loans and advances to members: Consumer $ 659,633,180 665,131,853 Mortgages 443,234,460 376,607,812 Business 4,795,640 4,690,084 Financial investments: Debt securities-amortised cost 23,689,806 23,643,897 Cash resources 419,998,157 387,713,465 Credit risk exposures relating to off-balance sheet items are as follows: Loan commitments 97,366,916 103,359,581 Total maximum exposure $ 1,648,718,159 1,561,146,692 The above table represents the maximum credit risk exposure of the Credit Union as of March 31, 2022 and March 31, 2021, without taking account of any collateral held or other credit enhancements attached. For onbalance sheet assets, the exposures set out above are based on net carrying amounts as reported in the statement of financial position.
RkJQdWJsaXNoZXIy MTA2MDM=