66 BARBADOS PUBLIC WORKERS’ CO-OPERATIVE CREDIT UNION LIMITED Barbados Public Workers’ Co-operative Credit Union Limited Notes to the Separate Financial Statements March 31, 2026 (expressed in Barbados dollars) 41 12 Property and equipment …continued Maturities of Leases Maturities of the Credit Union's lease liabilities on an undiscounted basis as of March 31, 2026 are presented below along with the current and non-current lease liabilities on a discounted basis. 2026 $ 2025 $ Up to 3 months 24,778 144,774 Within 3 - 12 months 37,884 347,825 Within 1 - 5 years 13,340 116,236 Total future payments on an undiscounted basis 76,002 608,835 Less: Present value discount (2,140) (22,280) Present value of lease liabilities 73,862 586,555 Current portion 60,914 472,592 Non-current portion 12,948 113,963 Weighted-average remaining lease term (in years) 1 year 1 year Weighted-average discount rate 4.95% 4.95% Lease liability is presented as part of ‘Other Liabilities’ in Note 17. 13 Investment in subsidiary companies 2026 $ 2025 $ BPW Financial Holdings Inc. - 100% 11,500,000 11,500,000 11,500,000 11,500,000 Allied Co-operators Inc. - 100% 1,000,000 1,000,000 12,500,000 12,500,000
RkJQdWJsaXNoZXIy MTA2MDM=