Consolidated Annual Report 2023

37 CONSOLIDATED FINANCIAL STATEMENTS 2023 Barbados Public Workers’ Co-operative Credit Union Limited Consolidated Statement of Comprehensive Income For the year ended March 31, 2023 (expressed in Barbados dollars) 5 Notes 2023 $ 2022 $ Net income for the year 7,645,050 11,136,777 Items that will never be reclassified subsequently to profit or loss: Re-measurements of defined benefit asset 15 (2,771,590) 2,890,966 Net unrealised loss on FVOCI equity investments 22 (89,475) (324,887) Other comprehensive (loss)/income (2,861,065) 2,566,079 Total comprehensive income for the year 4,783,985 13,702,856 The accompanying notes form an integral part of these consolidated financial statements.

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