JPS & Partners 2017 Annual Report

Notes to the Financial Statements
For the year ended 31st December 2017
(Expressed in Jamaican Dollars unless otherwise indicated)
4. Financial Instruments and Financial Instruments Risk Management cont'd:
(b) Liquidity Risk (Cont'd):
Within 1 1 to 3 3 to 12 1 to 5 Over 5 No Specific
Month Months Months Years Years Maturity Total
LIABILITIES: $ $ $ $ $ $ $
INTEREST BEARING
LIABILITIES:
Voluntary Share Capital
30,000,000 90,000,000 120,000,000 1,007,133,471 - - 1,247,133,471
Savings Deposits - 80,338,393 571,716,744 932,451,291 379,659,489 - 1,964,165,917
NON-INTEREST BEARING
LIABILITIES & CAPITAL:
External Credits - - 14,144,768 - - - 14,144,768
Payables 9,113,599 6,424,203 33,972,401 1,205,577 - - 50,715,780
Accruals - - 12,947,101 - - - 12,947,101
Capital and Reserves - - - - - 934,521,185 934,521,185
Total Liabilities & Capital 39,113,599 176,762,596 752,781,014 1,940,790,339 379,659,489 934,521,185 4,223,628,222
Net Liquidity Gap 573,196,191 364,783,617 (287,837,906) (277,590,870) 271,762,457 (732,032,753) -
Cumulative Liquidity Gap 573,196,191 937,979,807 650,141,901 372,551,031 644,313,488 (87,719,264) (87,719,264)
Within 1 1 to 3 3 to 12 1 to 5 Over 5 No Specific
Month Months Months Years Years Maturity Total
$ $ $ $ $ $ $
Total Assets 679,769,627 344,141,815 672,904,733 1,370,438,665 831,972,927 211,146,932 4,110,374,699
Total Liabilities & Capital 33,587,944 1,403,365,611 363,181,467 1,227,835,723 171,037,525 911,366,429 4,110,374,699
Net Liquidity Gap 646,181,683 (1,059,223,796) 309,723,266 142,602,942 660,935,402 (700,219,497) -
Cumulative Liquidity Gap 646,181,683 (413,042,113) (103,318,847) 39,284,095 700,219,497 - -
Pushing you Beyond All Limits!
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JPS & Partners Co-operative Credit Union