Page 194 - RFHL ANNUAL REPORT 2025 ONLINE_NEW

192 • Republic Financial Holdings Limited 2025 Annual Report • FINANCIALS

Notes to the Consolidated Financial Statements

For the year ended September 30, 2025. Expressed in millions of Trinidad and Tobago dollars, except where otherwise stated.

26 Material partly-owned subsidiaries (continued)
Financial information of subsidiaries that have material non-controlling interests is provided below: (continued)

Proportion of equity interest held by non-controlling interests:

2025 2024
Name % %

Dividends paid to non-controlling interests:
Republic Bank (Ghana) PLC – –
Republic Bank (Guyana) Limited 52 34
Cayman National Corporation Ltd. 64 26
Republic Bank (Grenada) Limited 3 4

The summarised financial information of these subsidiaries is provided in Note 27 (i) of these Consolidated financial
statements.

Republic Bank (Grenada) Limited is contained within the Eastern Caribbean segment of Note 27 (i). Republic Bank (Grenada)
Limited has total assets of $5.9 billion (2024: $5.8 billion), total liabilities of $5.2 billion (2024: $4.8 billion), profit of $39 million
(2024: $52 million), cash flows generated by operating activities of $535 million (2024: $173 million), cash flows used in investing
activities of $274 million (2024: $119 million) and cash flows used in financing activities of $20 million (2024: $48 million).

27 Segmental information
The Group is organised into two main business segments: retail and commercial banking and other financial services. The
Group’s primary reporting format comprises geographical segments, reflecting its management structure and the secondary
segment is by class of business. The following is an analysis by respective segments: