6 BARBADOS PUBLIC WORKERS’ CO-OPERATIVE CREDIT UNION LIMITED Financial Highlights Financial Highlights - Five Year Review In Bds $’000 2026 2025 2024 2023 2022 Statement of financial position: Assets Cash and equivalents 425,203 388,629 365,133 356,952 376,390 Investments 220,885 179,426 158,379 113,377 69,958 Loans to Members (net) 1,149,877 1,127,964 1,131,733 1,146,391 1,114,980 Property and Equipment 51,105 47,836 46,780 48,657 51,377 Other Assets 56,043 67,691 59,335 58,364 60,493 Total Assets 1,903,113 1,811,546 1,761,360 1,723,741 1,673,198 Liabilities and Owner's Equity Liabilities Deposits 1,648,898 1,565,369 1,524,797 1,500,899 1,453,146 External Debt - - - Other 51,592 49,083 41,708 34,153 35,658 1,700,490 1,614,452 1,566,505 1,535,052 1,488,804 Equity Share Capital 14,351 13,986 13,651 13,334 12,901 Statutory & Other Reserves 180,292 176,300 175,200 170,439 166,742 Retained earnings 7,980 6,808 6,004 4,916 4,751 Total Equity 202,623 197,094 194,855 188,689 184,394 Total Liabilities and Owner's Equity 1,903,113 1,811,546 1,761,360 1,723,741 1,673,198 Statement of income: Interest Income 85,728 86,573 87,099 88,928 86,601 Interest Expense 18,366 17,898 19,644 21,273 22,139 Net Interest Income 67,362 68,675 67,455 67,655 64,462 Other income 7,165 5,817 5,663 4,867 4,580 Net income and other income 74,527 74,492 73,118 72,522 69,042 Impairment expense 429 1,636 2,676 4,766 6,498 Net operating income 74,098 72,856 70,442 67,756 62,544 Total operating expenses 64,885 67,679 61,622 59,662 52,277 Net income before extra-ordinary items 9,213 5,177 8,820 8,094 10,267 Derecognition of Government Securities Reversal of Impairment on Investment in Subsidiary 1307 Tax Assets - - - Net income after extra-ordinary items 9,213 5,177 8,820 9,401 10,267
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