86 BARBADOS PUBLIC WORKERS’ CO-OPERATIVE CREDIT UNION LIMITED Barbados Public Workers’ Co-operative Credit Union Limited Notes to the Consolidated Financial Statements March 31, 2026 (expressed in Barbados dollars) 54 16 Other Assets Note 2026 $ 2025 $ 37,364,941 30,579,315 – 15,000,000 1,710,347 1,770,586 4,270,724 4,828,532 Other assets are comprised of the following: Accounts receivable (i) Prepaid investment (ii) Prepaid employee benefit Prepaid expenses Other assets re Goodwill Credit Union 18 23,667 39,786 43,369,679 52,218,219 (i) Accounts receivable are recorded at their invoiced amounts and are non-interest bearing. Expected credit loss allowance totalling $115,639 (2025 - $485,761) is included within accounts receivable. (ii) As at March 31, 2026 there were no investments with effective dates after the reporting period which were prepaid. 17 Deposits i) This amount comprises: 2026 $ 2025 $ Saving deposits 891,579,847 866,692,959 Deposits payable on fixed date 878,169,458 828,620,808 Registered retirement savings plan deposits (a) 50,938,314 50,810,622 1,820,687,619 1,746,124,389 Interest payable 3,911,898 4,461,747 1,824,599,517 1,750,586,136 (a) The Group operates two registered retirement savings plans for the benefit of its members. The legacy plan guarantees a minimum return on plan deposits of 5.0% while the new plan guarantees 1.0% above the minimum deposit rate. At March 31, 2026, the minimum deposit rate was 0.35% (2025 - 0.5%).
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