127 CONSOLIDATED FINANCIAL STATEMENTS 2026 Barbados Public Workers’ Co-operative Credit Union Limited Notes to the Consolidated Financial Statements March 31, 2026 (expressed in Barbados dollars) 95 25 Fair Value …continued Significant unobservable inputs that have been considered in determining the fair value of Level 3 securities are as follows: Valuation technique Significant unobservable inputs Inter-relationship between key unobservable inputs and fair value measurement A market-based approach with multiple comparable company valuations. In concluding using this approach, a median of the various market-based multiples was considered. These multiples included the price to book value multiple, price to earnings multiple, EBITDA multiple, EBIT multiple and revenue multiple. Asset based approach with discounts applied where prudent, with subsequent consideration of the Group’s shareholding. • Shareholding percentage • Net assets • Earnings before Interest, Tax, Depreciation and Amortisation (EBITDA) • Earnings Before Interest and Tax (EBIT) • Revenue • Net assets • Shareholding percentage The estimated fair value would increase/(decrease) if: • Shareholding increases/(decreases) • Net assets were higher/(lower) • EBITDA was higher/(lower) • EBIT was higher/(lower) • Revenue was higher/(lower) The estimated fair value would increase/(decrease) if: • Net assets were higher/(lower) • Shareholding increases/(decreases) 26 Capital Management The Group’s objectives when managing capital, which is a broader concept than the ‘equity’ on the face of the consolidated statement of financial position, are: • To comply with the capital requirements set by the regulators of financial institutions where the Group operates; • To safeguard the Group’s ability to continue as a going concern so that it can continue to provide returns to its shareholder and benefits for other stakeholders; and • To maintain a strong capital base to support the development of its business. Capital adequacy and the use of regulatory capital are monitored daily by the Group’s management, employing techniques based on policies and guidelines regulated by both the Co-operative Societies Act and the Financial Institutions Act. The Group’s approach to managing capital did not change during the period.
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