Separate Annual Report 2025

103 SEPARATE FINANCIAL STATEMENTS 2025 Barbados Public Workers’ Co-operative Credit Union Limited Notes to the Separate Financial Statements March 31, 2025 (expressed in Barbados dollars) 71 23 Financial risk management …continued Credit risk …continued Credit Quality Analysis …continued 2024 Stage 1 $ Stage 2 $ Stage 3 $ Total $ Loans and advances at amortised cost Current 816,726,350 – – 816,726,350 Overdue <30 days 145,864,693 – – 145,864,693 Overdue 31 days to 89 days – 27,027,187 – 27,027,187 Overdue over 90 days – – 172,581,702 172,581,702 Total gross loans 962,591,043 27,027,187 172,581,702 1,162,199,932 2025 Stage 1 $ Stage 2 $ Stage 3 $ Total $ Other assets Internally rated 38,783,090 382,447 3,068,643 42,234,180 Total other assets 38,783,090 382,447 3,068,643 42,234,180 2024 Stage 1 $ Stage 2 $ Stage 3 $ Total $ Other assets Internally rated 18,390,051 136,513 1,979,202 20,505,766 Total other assets 18,390,051 136,513 1,979,202 20,505,766

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