Page 77 - RB GRENADA ANNUAL REPORT 2025_ONLINE
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Statement of Financial Position
As at September 30, 2025. Expressed in Thousands of Eastern Caribbean dollars ($’000), except where otherwise stated.
Notes 2025 2024
ASSETS
Cash on hand 31,019 34,805
Statutory deposits with Central Bank 109,840 107,711
Due from banks 175,830 104,392
Due from related banks 19 140,256 251,716
Treasury Bills 144,004 114,929
Advances 4 (a) 1,181,369 1,110,028
Investment securities 5 484,058 374,189
Investment interest receivable 5,200 3,574
Other assets 11 7,750 11,643
Premises and equipment 6 45,039 44,909
Right-of-use assets 7 (a) 929 1,194
Intangible assets 8 55,889 56,505
Deferred tax assets 10 (a) 3,656 2,938
Taxation recoverable 398 –
TOTAL ASSETS 2,385,237 2,218,533
LIABILITIES AND EQUITY
LIABILITIES
Due to banks 4,732 5,580
Due to related banks 19 6,990 7,494
Due to related companies 19 269,732 168,390
Customers’ current, savings and deposit accounts 12 1,822,301 1,758,218
Lease liabilities 7 (b) 958 1,218
Employee defined benefit liabilities 9 (a) 6,205 5,213
Taxation payable – 4,538
Accrued interest payable 340 353
Deferred tax liabilities 10 (b) 855 873
Other liabilities 13 12,934 14,169
TOTAL LIABILITIES 2,125,047 1,966,046
Stated capital 14 117,337 117,337
Statutory reserve 2.5 (q) 37,187 34,089
General contingency reserve 2.5 (x) 25,271 29,028
Retained earnings 80,395 72,033
TOTAL EQUITY 260,190 252,487
TOTAL LIABILITIES AND EQUITY 2,385,237 2,218,533
The accompanying notes form an integral part of these financial statements.
These financial statements were approved by the Board of Directors on October 29, 2025, and signed on its behalf by:
KAREN T YIP CHUCK NAOMI E DE ALLIE
CHAIRPERSON MANAGING DIRECTOR
