80 BARBADOS PUBLIC WORKERS’ CO-OPERATIVE CREDIT UNION LIMITED Barbados Public Workers’ Co-operative Credit Union Limited Notes to the Consolidated Financial Statements March 31, 2025 (expressed in Barbados dollars) 42 13 Loans and Advances …continued i) Loans and advances are comprised of the following: …continued The Group’s loans and advances portfolio as at March 31,2025 are in the following staging categories: 2025 Stage 1 $ Stage 2 $ Stage 3 $ Total $ Consumer 552,881,420 18,368,645 96,956,188 668,206,253 Business 17,809,485 1,121,877 8,826,347 27,757,709 Mortgages 604,305,855 19,207,261 82,880,585 706,393,701 Gross loans 1,174,996,760 38,697,783 188,663,120 1,402,357,663 Less: ECL allowance (1,542,181) (902,498) (37,276,378) (39,721,057) 1,173,454,579 37,795,285 151,386,742 1,362,636,606 Add: Interest receivable 15,799,963 1,378,436,569 2024 Stage 1 $ Stage 2 $ Stage 3 $ Total $ Consumer 575,714,808 14,915,462 110,707,877 701,338,147 Business 18,211,780 2,022,294 7,826,893 28,060,967 Mortgages 585,633,420 21,735,654 89,100,043 696,469,117 Gross loans 1,179,560,008 38,673,410 207,634,813 1,425,868,231 Less: ECL allowance (2,256,080) (462,829) (41,824,582) (44,543,491) 1,177,303,928 38,210,581 165,810,231 1,381,324,740 Add: Interest receivable 13,225,334 1,394,550,074
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