CAPITA FINANCIAL SERVICES INC. (ST. LUCIA BRANCH) Notes to the Financial Statements March 31, 2024 (expressed in Eastern Caribbean dollars) 30 8 Other Assets 2024 $ 2023 $ Prepayments and deferred expenses 64,783 76,331 ATM prepayments and deferred fees 85,795 38,787 Other receivables 118,080 195,585 268,658 310,703 Other receivables mainly relate to interest accrued on deposit placements and repurchase investments. 9 Customer Deposits These amounts are categorised as follows: 2024 $ 2023 $ Time deposits 33,566,989 31,918,748 Interest payable 561,083 519,353 34,128,072 32,438,101 The rate of interest on deposits varied between 1.0% and 4.75% for the year (2023 - 2.0% to 4.75%). 10 Lease Liability 2024 $ 2023 $ Balance as at April 1 – 191,494 Interest expense – 5,129 Lease payments – (196,623) Balance as at March 31 – –
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