ECCB 2015/2016 Annual Report

EASTERN CARIBBEAN CENTRAL BANK

NOTES TO FINANCIAL STATEMENTS

Total $

Depreciation write-back on disposal – – (5,661) – – – – (5,661) Balance at March 31, 2016 – 3,194,900 18,693,109 5,616,589 942 679,242 – 28,184,782 Net book value At April 1, 2014 25,805,000 93,491,604 1,829,813 764,095 – 84,358 2,698,613 124,673,483

– 883,042 – 28,430,972 Depreciation charge – 2,834,197 1,072,696 533,630 – 19,100 – 4,459,623 Depreciation write-back on disposal – – (465,428) (214,971) – (242,000) – (922,399) Revaluation adjustment – (8,502,593) – – – – – (8,502,593) Balance at March 31, 2015 – – 17,522,356 5,283,105 – 660,142 – 23,465,603 Balance at April 1, 2015 – – 17,522,356 5,283,105 – 660,142 – 23,465,603 Depreciation charge – 3,194,900 1,176,414 333,484 942 19,100 – 4,724,840

$

(expressed in Eastern Caribbean dollars) March 31, 2016 15. Property, plant and equipment ...continued Land $ Buildings $ Furniture and office equipment $ Computer systems $ Land improvements $ Motor vehicles $ Capital work in progress 15. Property, plant and equipment ... continued

71 At March 31, 2015 25,932,000 102,140,000 3,668,966 419,842 – 65,258 304,352 132,530,418 At March 31, 2016 25,932,000 98,958,491 3,810,043 413,505 27,325 58,158 137,893 129,337,415

Accumulated depreciation Balance at April 1, 2014 – 5,668,396 16,915,088 4,964,446

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

107

107

ECCB A nnual R eport 2015/2016