Bahamas - FirstCaribbean International Bank

FIRSTCARIBBEAN INTERNATIONAL BANK (BAHAMAS) LIMITEDNotes to Consolidated Financial StatementsOctober 31, 2002(expressed in thousands of Bahamian dollars)6 Investment securities…continuedAll debt securities held by the Bank were issued by Goverment related Agencies.The effective interest rates earned during the year on debt securities ranged from 1.9% to 14.6%(2001 - 2.0% to 10.0%).Investment securities at October 31, 2002 have been classified as held-to-maturity based on whethermanagement had positive intent and ability to hold certain securities until maturity at that date.7 Other assetsOctober 31,2002$December 31,2001$Accrued interest receivable 7,498 2,831Due from related parties 54 –Other accounts receivable 7,902 12,570Goodwill 196,351 –Prepayments and deferred items 726 –Pension assets 13,613 14,945226,144 30,34663