BARBADOS PUBLIC WORKERS’ CO-OPERATIVE CREDIT UNION LIMITED
NON-CONSOLIDATED ANNUAL REPORT 2015
55
BARBADOS PUBLIC WORKERS' CO-OPERATIVE CREDIT UNION LIMITED
Notes to the Non-consolidated Financial Statements
For the year ended March 31, 2015
(Expressed in Barbados dollars)
44
24. Financial Risk Management…(continued)
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
$ 93,772,722
-
-
93,772,722
Financial investments:
Held-to-maturity
25,838,462
-
-
25,838,462
Loans and advances:
Consumer
420,912,149
70,750,470
30,986,219 522,648,838
Mortgages
188,242,802
31,915,288
19,309,332 239,467,422
Business
1,257,015 1,201,547
598,947 3,057,509
Total
$ 730,023,150 103,867,305 50,894,498 884,784,953
2014
Neither past due Past due but
Individually
nor impaired
not impaired
impaired
Total
Cash resources
$ 109,228,502
-
- 109,228,502
Financial investments:
Held-to-maturity
20,395,633
-
-
20,395,633
Loans and advances:
Consumer
380,726,564
67,989,507
29,662,385 478,378,456
Mortgages
171,136,834
33,795,704
16,283,713 221,216,251
Business
1,035,304 1,535,229
721,534 3,292,067
Total
$ 682,522,837 103,320,440 46,667,632 832,510,909
Within the Credit Union, 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 an issue.
