REPUBLIC BANK LIMITED
110
Notes to theConsolidatedFinancial Statements
For the year ended September 30, 2014. Expressed in thousands of Trinidad and Tobago dollars ($’000), except where otherwise stated
25 Maturity analysis of assets and liabilities
(continued)
Within
After
one year
one year
Total
2013
ASSETS
Cash and cash equivalents
526,383
–
526,383
Statutory deposits with Central Banks
4,332,600
–
4,332,600
Due from banks
9,237,076
–
9,237,076
Treasury Bills
5,723,076
–
5,723,076
Investment interest receivable
63,979
1,508
65,487
Advances
6,786,405
18,449,112
25,235,517
Investment securities
1,898,347
6,232,700
8,131,047
Investment in associated companies
–
445,377
445,377
Premises and equipment
96
1,583,918
1,584,014
Goodwill
–
485,971
485,971
Net pension asset
–
1,292,988
1,292,988
Deferred tax assets
6,030
136,943
142,973
Taxation recoverable
17,497
29,537
47,034
Other assets
306,392
56,430
362,822
28,897,882
28,714,483
57,612,365
LIABILITIES
Due to banks
73,349
–
73,349
Customers’current, savings and deposit accounts
41,973,044
125,266
42,098,310
Other fund raising instruments
3,052,020
352,954
3,404,974
Debt securities in issue
150,000
1,079,058
1,229,058
Net pension liability
–
50,337
50,337
Provision for post-retirement medical benefits
–
304,850
304,850
Taxation payable
160,991
–
160,991
Deferred tax liabilities
24,958
467,302
492,260
Accrued interest payable
51,556
410
51,966
Other liabilities
1,030,799
199,437
1,230,236
46,516,716
2,579,615
49,096,331
26 Equity compensation benefits
a)
Profit sharing scheme
The total staff profit sharing for the Group was $109 million (2013:$104.7 million) (see Note 18). During the 2014 financial year, $71 million
in advances were made by Republic Bank (the Parent) to the staff profit sharing scheme (2013: $nil).
