99 CONSOLIDATED FINANCIAL STATEMENTS 2025 Barbados Public Workers’ Co-operative Credit Union Limited Notes to the Consolidated Financial Statements March 31, 2025 (expressed in Barbados dollars) 61 24 Commitments and Contingencies i) Loan commitments 2025 $ 2024 $ Consumer loans approved and pending disbursement 10,927,808 10,045,677 Mortgage loans approved and pending disbursement 44,878,179 37,873,457 Available balances on line of credit accounts 17,869,650 17,709,346 Gross commitments 73,675,637 65,628,480 The total expected credit loss (ECL) allowance on undrawn loan commitments at March 31, 2025 is as follows: 2025 2024 Gross carrying amount $ ECL $ Gross carrying amount $ ECL $ Consumer 10,927,808 56,680 10,045,677 56,307 Mortgages 44,878,179 56,760 37,873,457 80,858 55,805,987 113,440 47,919,134 137,165 Line of credits available 17,869,650 119,120 17,709,346 122,530 73,675,637 232,560 65,628,480 259,695 The movement in the expected credit loss allowance: 2025 $ 2024 $ Balance at beginning of year 259,695 309,198 Expected credit loss (27,135) (49,503) Balance at end of year 232,560 259,695 The expected credit allowance for the undrawn loan commitments is included in other liabilities in Note 19.
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