MCCU Annual Report - page 84

84
31. Financial Instruments and Financial Instruments Risk Management - (cont'd):
(b) Liquidity Risk (Cont'd) :
Within 3
3 to 12
1 to 5
Over 5
No Specific
Months
Months
Years
Years
Maturity
Total
$
$
$
$
$
$
ASSETS:
EARNING ASSETS:
Liquid Assets
747,800,000
35,790,567
-
-
-
783,590,567
Loans
110,400,000
333,700,000
902,700,000
443,408,729
-
1,790,208,729
Financial Investments
-
465,500,000
77,000,000
43,226,681
585,726,681
NON-EARNING ASSETS:
Liquid Assets
60,452,717
-
-
-
-
60,452,717
Other Assets
-
-
-
-
26,973,266
26,973,266
Property, Plant & Equipment
-
-
-
-
61,530,227
61,530,227
Retirement Benefit Asset
-
-
-
-
53,836,000
53,836,000
Total Assets
918,652,717
369,490,567
1,368,200,000
520,408,729
185,566,174
3,362,318,187
MANCHESTER CO-OPERATIVE CREDIT UNION (1977) LIMITED
NOTES TO THE FINANCIAL STATEMENTS - (CONT'D)
YEAR ENDED 31ST DECEMBER 2013
The Credit Union maintains sufficient maturing instruments to meet its daily needs. The matching and controlled mismatching of maturities and interest rates
of assets and liabilities are fundamental to the management of the Co -operative.
The following tables summarises the net liquidity gap and the cumulative liquidity gap of the Credit Union by analysing its assets and liabilities into periodic
maturity categories :
MANCHESTER CO-OPERATIVE CREDIT UNION
ANNUAL REPORT 2013
I...,74,75,76,77,78,79,80,81,82,83 85,86,87,88,89,90,91,92,93,94,...126
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