BOSVG 2020 Annual Report

Page 52

TABLE OF CONTENTS

Bank of St. Vincent andSTATEMENT the Grenadines Ltd. CONSOLIDATED OF Consolidated Statement of Comprehensive Income COMPREHENSIVE INCOME For the year ended 31 December 2020 For the year ended 31 December 2020 (Expressed in Eastern Caribbean (Expressed in Eastern Caribbean dollars) dollars)

Notes

2020 $

2019 $

3,621,634

14,093,481

8

11,747,167

-

8

86,527

53,925

Net other comprehensive income to be reclassified to profit or loss in subsequent periods

11,833,694

53,925

Total comprehensive income for the year, net of tax

15,455,328

14,147,406

Profit for the year Other comprehensive income Other comprehensive income that will not be reclassified to profit or loss in subsequent periods (net of tax): Net change in fair value of equity instruments measured at FVOCI Other comprehensive income that will be reclassified to profit or loss in subsequent periods (net of tax): Net change in fair value of debt instruments measured at FVOCI

The accompanying notes form an integral part of these consolidated financial statements.

12 52

BOSVG ANNUAL REPORT 2020


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