ECCB 2016/2017 Annual Report

ECCB ANNUAL REPORT 2016/2017

135

Eastern Caribbean Central Bank Notes to the Financial Statements March 31, 2017 (expressed in Eastern Caribbean dollars)

EASTERN CARIBBEAN CENTRAL BANK NOTES TO THE FINANCIAL STATEMENTS

(expressed in Eastern Caribbean dollars)

March 31, 2017

14. Intangible assets

Computer software $

Cost Balance at April 1, 2015

16,092,144 201,039

Additions

16,293,183

Balance at March 31, 2016

Balance at April 1, 2016

16,293,183 881,061

Additions

Balance at March 31, 2017

17,174,244

Accumulated amortisation Balance at April 1, 2015

11,800,969 2,032,661

Amortisation

13,833,630

Balance at March 31, 2016

Balance at April 1, 2016

13,833,630 1,531,044

Amortisation

Balance at March 31, 2017

15,364,674

Net book value At April 1, 2015 At March 31, 2016 At March 31, 2017

4,291,175

2,459,553 1,809,570