Annual Report 2015
69
As at September 30, 2015. Expressed in thousands of Trinidad and Tobago dollars ($’000)
ConsolidatedStatement of Financial Position
Notes
2015
2014
ASSETS
Cash and cash equivalents
930,485
565,225
Statutory deposits with Central Banks
5,627,292
4,834,456
Due from banks
7,542,995
8,345,146
Treasury Bills
6,162,162
5,905,053
Investment interest receivable
74,400
72,136
Advances
4
33,007,998
27,095,407
Investment securities
5
8,094,392
8,260,382
Investment in associated companies
6
142,066
345,942
Premises and equipment
7
1,853,964
1,573,503
Goodwill
8
606,612
300,971
Pension assets
9
1,223,147
1,299,725
Deferred tax assets
10
170,736
184,154
Taxation recoverable
72,586
49,607
Other assets
11
483,351
539,809
TOTAL ASSETS
65,992,186
59,371,516
LIABILITIES AND EQUITY
LIABILITIES
Due to banks
554,135
69,957
Customers’ current, savings and deposit accounts
12
49,711,582
43,770,760
Other fund raising instruments
13
2,586,569
3,357,833
Debt securities in issue
14
1,192,952
1,066,802
Pension liability
9
52,595
57,275
Provision for post-retirement medical benefits
9
406,171
423,502
Taxation payable
165,493
73,043
Deferred tax liabilities
10
420,011
468,036
Accrued interest payable
68,591
40,591
Other liabilities
15
1,423,478
1,297,394
TOTAL LIABILITIES
56,581,577
50,625,193
EQUITY
Stated capital
16
739,125
704,871
Statutory reserves
1,194,889
1,202,364
Other reserves
17
636,543
744,363
Retained earnings
6,361,538
5,785,296
Attributable to equity holders of the parent
8,932,095
8,436,894
Non-controlling interest
478,514
309,429
TOTAL EQUITY
9,410,609
8,746,323
TOTAL LIABILITIES AND EQUITY
65,992,186
59,371,516
The accompanying notes form an integral part of these consolidated financial statements.
These financial statements were approved by the Board of Directors on November 4, 2015 and signed on its behalf by:
DAVID DULAL-WHITEWAY
WILLIAM P. LUCIE-SMITH
JACQUELINE H.C. QUAMINA
DERWIN M. HOWELL
Managing Director
Director
Corporate Secretary
Executive Director
