Bahamas - FirstCaribbean International Bank

FIRSTCARIBBEAN INTERNATIONAL BANK (BAHAMAS) LIMITEDNotes to Consolidated Financial StatementsOctober 31, 2002(expressed in thousands of Bahamian dollars)23 Segmented information…continuedIn the normal course of business various credit related arrangements are entered into to meet the needs ofcustomers and earn income. These financial instruments are subject to the Bank’s standard credit policiesand procedures. Segment assets and liabilities comprise operating assets and liabilities, being the majorityof the balance sheet but excluding such items as other assets and other liabilities. The geographicdistribution of operating assets, operating liabilities and capital expenditures at October 31 was as follows:For the period endedOctober 31, 2002$For the year endedDecember 31, 2001$OperatingAssetsOperatingLiabilitiesCapitalExpenditureOperatingAssetsOperatingLiabilitiesCapitalExpenditureTurks & Caicos 272,042 270,383 4,527 264,595 265,668 3,101Bahamas 2,676,827 2,418,368 22,090 1,270,167 1,241,219 6,3602,948,869 2,688,751 26,617 1,534,762 1,506,887 9,461Off-balance sheet financial instruments:October 312002$December 312001$Turks & Caicos 20,099 21,802Bahamas 351,680 113,174371,779 134,97674