ECCB 2015/2016 Annual Report

EASTERN CARIBBEAN CENTRAL BANK

Eastern Caribbean Central Bank Notes to Financial Statements March 31, 2016 (expressed in Eastern Caribbean dollars) (expressed in Eastern Caribbean dollars)

NOTES TO FINANCIAL STATEMENTS

March 31, 2016

14. Intangible assets

14.

Computer software $

Cost Balance at April 1, 2014

13,740,642 2,351,502

Additions

16,092,144

Balance at March 31, 2015

Balance at April 1, 2015

16,092,144 201,039

Additions

Balance at March 31, 2016

16,293,183

Accumulated amortisation Balance at April 1, 2014

10,367,760 1,433,209

Amortisation

11,800,969

Balance at March 31, 2015

Balance at April 1, 2015

11,800,969 2,032,661

Amortisation

Balance at March 31, 2016

13,833,630

Net book value At April 1, 2014

3,372,882

4,291,175

At March 31, 2015

At March 31, 2016

2,459,553

105

105

ECCB A nnual R eport 2015/2016

69