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BARBADOS PUBLIC WORKERS’ CO-OPERATIVE CREDIT UNION LIMITED
CONSOLIDATED ANNUAL REPORT 2015
BARBADOS PUBLIC WORKERS' CO-OPERATIVE CREDIT UNION LIMITED
Notes to the Consolidated Financial Statements
For the year ended March 31, 2015
(Expressed in Barbados dollars)
51
25. Financial Risk Management…(continued)
25.2 Credit risk...(continued)
The tables below show the credit quality and aging analysis by class of financial assets.
2015
Neither past due Past due but
Individually
nor impaired
not impaired
impaired
Total
Cash resources
$ 108,772,406
-
-
108,772,406
Financial investments:
Held to maturity
25,838,462
-
-
25,838,462
Loans and receivables
3,112,780
-
-
3,112,780
Loans and advances:
Consumer
444,083,101
70,755,458
33,119,424
547,957,983
Mortgages
304,551,239
32,812,172
28,802,731
366,166,142
Business
7,884,946 1,201,547
598,947
9,685,440
Total
$ 894,242,934 104,769,177 62,521,102 1,061,533,213
2014
Neither past due Past due but
Individually
nor impaired
not impaired
impaired
Total
Cash resources
$ 122,627,943
-
-
122,627,943
Financial investments:
Held to maturity
20,395,633
-
-
20,395,633
Loans and receivables
3,181,576
-
-
3,181,576
Loans and advances:
Consumer
399,703,759
68,137,026
31,108,593
498,949,378
Mortgages
283,952,865
32,369,120
24,586,589
340,908,574
Business
1,035,304 1,535,229
721,534
3,292,067
Total
$ 830,897,080 102,041,375 56,416,716 989,355,171
Within the Group, past due but not impaired loans represents loans which are in arrears between 1 to
90 days where the specific details on those loans indicate recovery is not at issue.
