Page 136 - RB GRENADA ANNUAL REPORT 2025_ONLINE

136 • Republic Bank (Grenada) Limited 2025 Annual Report • FINANCIALS

Notes to the Financial Statements

For the year ended September 30, 2025. Expressed in Thousands of Eastern Caribbean dollars ($’000), except where otherwise stated.

18 Risk management (continued)
18.3 Liquidity risk (continued)
18.3.1 Analysis of financial liabilities by remaining contractual maturities (continued)

Financial liabilities - off Statement of financial position

On Up to one 1 to 5
2025 demand year years Total

Guarantees and indemnities 830 8,271 11,053 20,154
Letters of credit 136 8,613 – 8,749

Total 966 16,884 11,053 28,903

2024

Guarantees and indemnities 12,560 5,409 10,404 28,373
Letters of credit 136 9,503 – 9,639

Total 12,696 14,912 10,404 38,012

The Bank expects that not all of the contingent liabilities or commitments will be drawn before expiry of the
commitments.

18.3.2 Changes in liabilities arising from financing activities

Cash
2024 flows 2025

Due to banks 5,580 (848) 4,732
Due to related banks 7,494 (504) 6,990
Due to related companies 168,390 101,342 269,732
Lease liabilities 1,218 (260) 958

Total un-discounted financial liabilities 182,682 99,730 282,412

Cash
2023 flows 2024

Due to banks 17,588 (12,008) 5,580
Due to related banks 3,324 4,170 7,494
Due to related companies 98,487 69,903 168,390
Lease liabilities 1,796 (578) 1,218

Total un-discounted financial liabilities 121,195 61,487 182,682