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CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
by BOSVG
CONSOLIDATED STATEMENT OF Bank of St. Vincent and the Grenadines Ltd. COMPREHENSIVE INCOME Consolidated Statement of Comprehensive Income For the year ended 31 December 2020For the year ended 31 December 2020 (Expressed in Eastern Caribbean dollars)(Expressed in Eastern Caribbean dollars)
Profit for the year Notes 2020 $ 2019 $
3,621,634 14,093,481
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 8 11,747,167 -
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 8
Net other comprehensive income to be reclassified to profit or loss in subsequent periods
86,527 53,925
11,833,694 53,925
Total comprehensive income for the year, net of tax
15,455,328 14,147,406
The accompanying notes form an integral part of these consolidated financial statements.