TABLE OF CONTENTS
CONSOLIDATED STATEMENT Bank of St. Vincent and the Grenadines Ltd. OF Consolidated Statement ofPOSITION Financial Position FINANCIAL Asat at31 31December December 2020 As 2020 (ExpressedininEastern Eastern Caribbean dollars) (Expressed Caribbean dollars) Notes Assets Cash and balances with Eastern Caribbean Central Bank Deposits with other banks Treasury bills Investment securities Loans and advances to customers Investment security at amortised cost Investment properties Property and equipment Deferred tax asset Other assets
5 6 7 8 9 11 12 13 15 16
Total Assets Liabilities Deposits due to banks Due to customers Corporation tax payable Borrowings Provisions and other liabilities
17 18 19 20
Total Liabilities Equity Share capital Statutory reserves General provision reserves Unrealised gain/(loss) on investments Retained earnings
21 22 23
Total Equity Total Liabilities and Equity
2020 $
2019 $
149,711,324 219,184,382 9,998,875 120,657,229 641,064,848 3,569,700 2,412,000 55,351,332 3,772,347 8,861,265
157,771,167 203,656,459 10,261,848 80,662,829 603,116,302 4,177,759 2,232,000 54,437,514 2,886,326 7,405,798
1,214,583,302
1,126,608,002
21,196,247 990,312,696 2,910,516 28,277,449 38,107,806
19,274,459 910,319,763 1,100,641 33,577,708 36,962,244
1,080,804,714
1,001,234,815
20,753,306 20,753,306 4,907,450 11,792,233 75,572,293
20,753,306 20,753,306 4,542,702 (41,461) 79,365,334
133,778,588
125,373,187
1,214,583,302
1,126,608,002
Approved by the Board of Directors on June 11, 2021.
D irec ir e tor Director
Diirecttor D Director
The accompanying notes form an integral part of these consolidated financial statements.
9 BOSVG ANNUAL REPORT 2020
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