BERMUDA MONETARY AUTHORITY
Statement of Financial Position
As at June 30, 2025 and December 31, 2024
June December
|
(In thousands of Bermuda dollars) |
|
2025 UNAUDITED |
2024 AUDITED |
|
|
|
|
|
|
Assets |
|
|
|
|
Current assets |
|
|
|
|
Cash and cash equivalents |
|
136,730 |
71,336 |
|
Accounts and other receivables |
|
2,613 |
2,884 |
|
Prepayments |
|
3,974 |
3,759 |
|
Stock of numismatic items |
|
1,472 |
1,486 |
|
Stock of notes and coins for circulation |
|
2,071 |
2,151 |
|
Investments |
|
36,835 |
33,336 |
|
|
|
183,695 |
114,952 |
|
Non-current assets |
|
|
|
|
Investments |
|
112,562 |
122,741 |
|
Property and equipment |
|
22,212 |
21,647 |
|
Intangible assets |
|
1,795 |
1,363 |
|
|
|
136,569 |
145,751 |
|
|
|
|
|
|
Total Assets |
|
320,264 |
260,703 |
|
|
|
|
|
|
Liabilities |
|
|
|
|
Current liabilities |
|
|
|
|
Accounts and other payables |
|
10,139 |
17,945 |
|
Deferred income |
|
61,100 |
2,213 |
|
Lease liabilities |
|
168 |
164 |
|
Notes and coins in circulation |
|
173,589 |
175,465 |
|
Due to the Consolidated Fund of the Government of Bermuda |
|
- |
8,966 |
|
Unappropriated net Income |
|
17,042 |
- |
|
|
|
262,038 |
204,753 |
|
Non-current liabilities |
|
|
|
|
Lease liabilities |
|
513 |
598 |
|
|
|
513 |
598 |
|
Equity |
|
|
|
|
Capital subscribed |
|
20,000 |
20,000 |
|
General reserve |
|
37,713 |
35,352 |
|
|
|
57,713 |
55,352 |
|
Total Liabilities and Equity |
|
320,264 |
260,703 |
Note: In accordance with Part VI section 28(3) (b) of the Bermuda Monetary Act 1969 the Authority has published its half-year Statement of Financial Position (unaudited) as at 30th June 2025.