67 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) 35 11 Loans and advances …continued (ii) The Credit Union’s loans and advances portfolio as at March 31, are in the following staging categories. 2025 Stage 1 $ Stage 2 $ Stage 3 $ Total $ Consumer 505,796,080 15,777,707 91,225,542 612,799,329 Business 610,569 320,877 2,096,995 3,028,441 Mortgages 464,674,180 12,950,237 59,913,157 537,537,574 Gross loans 971,080,829 29,048,821 153,235,694 1,153,365,344 Less: ECL allowance (1,368,090) (744,045) (33,793,077) (35,905,212) 969,712,739 28,304,776 119,442,617 1,117,460,132 Add: Interest receivable 10,503,415 1,127,963,547 2024 Stage 1 $ Stage 2 $ Stage 3 $ Total $ Consumer 524,723,334 12,228,141 104,418,749 641,370,224 Business 1,178,629 311,469 2,174,478 3,664,576 Mortgages 436,689,080 14,487,577 65,988,475 517,165,132 Gross loans 962,591,043 27,027,187 172,581,702 1,162,199,932 Less: ECL allowance (1,395,730) (376,408) (37,826,161) (39,598,299) 961,195,313 26,650,779 134,755,541 1,122,601,633 Add: Interest receivable 9,131,489 1,131,733,122
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