ECCB 2014-2015 Annual Report and Statement of Accounts

EASTERN CARIBBEAN CENTRAL BANK

Eastern Caribbean Central Bank Notes to Consolidated Financial Statements March 31, 2015

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (expressed in Eastern Caribbean dollars) March 31, 2015

(expressed in Eastern Caribbean dollars) 14. Intangible assets I ta gi le assets

14.

Computer software $

Cost Balance at April 1, 2013

11,977,419 1,763,223

Additions

13,740,642

Balance at March 31, 2014

Balance at April 1, 2014

13,740,642 2,351,502

Additions

Balance at March 31, 2015

16,092,144

Accumulated amortisation Balance at April 1, 2013

9,392,774 974,986

Amortisation

10,367,760

Balance at March 31, 2014

Balance at April 1, 2014

10,367,760 1,433,209

Amortisation

Balance at March 31, 2015

11,800,969

Net book value At April 1, 2013

2,584,645

3,372,882

At March 31, 2014

At March 31, 2015

4,291,175

110

ECCB ANNUAL REPORT 2014/2015