Bahamas - FirstCaribbean International Bank
Bahamas - FirstCaribbean International Bank
Bahamas - FirstCaribbean International Bank
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FIRSTCARIBBEAN INTERNATIONAL BANK (BAHAMAS) LIMITEDConsolidated Balance Sheet(expressed in thousands of Bahamian dollars)October 31,2002$December 31,2001$NotesAssetsCash resources 3 1,077,682 969,974Trading securities 4 206,217 –Loans and advances 5 1,513,197 514,165Investment securities 6 151,773 50,623Other assets 7 226,144 30,346Property, plant and equipment 8 26,617 9,461Total assets 3,201,630 1,574,569LiabilitiesDeposits 9 2,688,751 1,506,887Other liabilities 10 45,158 23,358Total liabilities 2,733,909 1,530,245Shareholders’ equityShare capital and reserves 13 409,262 1,158Retained earnings 58,459 14,283Due to Head Office – 28,883467,721 44,324Total shareholders’ equity and liabilities 3,201,630 1,574,569Approved by the Board of DirectorsMichael MansoorChairmanTerence R. HiltsDirectorJanuary 30, 2003The accompanying notes are an integral part of these consolidated financial statements.49