JPSPCCU 2017 Financial Statements
Audited Financial Statements for JPS & Partners Co-op. Credit Union as at December 31, 2017
Audited Financial Statements for JPS & Partners Co-op. Credit Union as at December 31, 2017
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Notes to the <strong>Financial</strong> <strong>Statements</strong><br />
For the year ended 31st December <strong>2017</strong><br />
(Expressed in Jamaican Dollars unless otherwise indicated)<br />
4. <strong>Financial</strong> Instruments and <strong>Financial</strong> Instruments Risk Management cont'd:<br />
(b) Liquidity Risk (Cont'd) :<br />
ASSETS:<br />
Within 1 1 to 3 3 to 12 1 to 5 Over 5 No Specific<br />
Month Months Months Years Years Maturity Total<br />
$ $ $ $ $ $ $<br />
EARNING ASSETS:<br />
Liquid Assets 70,395,501 443,732,131 340,023,258 25,927,019 - - 880,077,909<br />
Loans to Members 372,556,555 87,719,264 26,285,787 1,462,823,250 618,474,158 - 2,655,578,278<br />
<strong>Financial</strong> Investments - - 87,825,670 174,449,200 32,947,788 52,088,098 347,310,756<br />
Investment property - - - - - 14,386,528 14,386,528<br />
Total Earning Assets 442,952,056 531,451,395 454,134,715 1,663,199,469 651,421,946 66,474,626 3,897,353,471<br />
NON-EARNING ASSETS:<br />
Liquid Assets 149,561,056 - - - - - 149,561,056<br />
Other Assets: Receivables 19,796,678 10,094,817 10,808,393 - - - 40,699,889<br />
Property, Plant & Equipment - - - - - 93,669,806 93,669,806<br />
Retirement Benefit Asset - - - - - 42,344,000 42,344,000<br />
Total Non-Earning Assets 169,357,734 10,094,817 10,808,393 - - 136,013,806 326,274,751<br />
TOTAL ASSETS 612,309,790 541,546,213 464,943,108 1,663,199,469 651,421,946 202,488,432 4,223,628,222<br />
Taking you Beyond All Limits!<br />
23<br />
JPS & Partners Co-operative Credit Union
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