BERMUDA MONETARY AUTHORITY
Statement of Financial Position
As at June 30, 2022 and December 31, 2021
June December
|
(In thousands of Bermuda dollars) |
|
2022 UNAUDITED |
2021 |
|
|
|
|
|
|
Assets |
|
|
|
|
Current assets |
|
|
|
|
Cash and cash equivalents |
|
167,114 |
146,514 |
|
Accounts and other receivables |
|
658 |
597 |
|
Prepayments |
|
1,753 |
2,037 |
|
Stock of numismatic items |
|
1,527 |
1,359 |
|
Stock of notes and coins for circulation |
|
4,438 |
4,516 |
|
Investments |
|
20,009 |
- |
|
|
|
195,499 |
155,023 |
|
Non-current assets |
|
|
|
|
Investments |
|
60,533 |
80,642 |
|
Property and equipment |
|
20,453 |
20,447 |
|
Intangible assets |
|
6,170 |
6,135 |
|
|
|
87,156 |
107,224 |
|
|
|
|
|
|
Total Assets |
|
282,655 |
262,247 |
|
|
|
|
|
|
Liabilities |
|
|
|
|
Current liabilities |
|
|
|
|
Accounts and other payables |
|
5,534 |
8,544 |
|
Deferred income |
|
32,019 |
725 |
|
Lease liabilities |
|
241 |
263 |
|
Notes and coins in circulation |
|
189,960 |
201,221 |
|
Due to the Consolidated Fund |
|
|
|
|
of the Government of Bermuda |
|
9,210 |
6,652 |
|
|
|
236,964 |
217,405 |
|
Non-current liabilities |
|
|
|
|
Lease liabilities |
|
160 |
261 |
|
|
|
160 |
261 |
|
Equity |
|
|
|
|
Capital subscribed |
|
20,000 |
20,000 |
|
General reserve |
|
25,531 |
24,581 |
|
|
|
45,531 |
44,581 |
|
Total Liabilities and Equity |
|
282,655 |
262,247 |
Note: In accordance with section 28(3) of the Bermuda Monetary Act 1969 the Authority has published its half-year balance sheet (unaudited) for the period ended 30th June 2022.