ECCB 2022-2023 Annual Report and Financial Statements

Eastern Caribbean Central Bank Notes to the Financial Statements For the year ended 31 March 2023 (Expressed in Eastern Caribbean dollars)

14. Intangible assets

Computer software $

Cost

21,866,064 2,971,268

Balance at 1 April 2021

Additions

24,837,332

Balance at 31 March 2022

Balance at 1 April 2022

24,837,332 2,665,156

Additions Transfers

265,458

Balance at 31 March 2023

27,767,946

Accumulated amortisation Balance at April 1, 2021

17,945,974

Amortisation

900,176

18,846,150

Balance at 31 March 2022

Balance at 1 April 2022

18,846,150

Amortisation

957,798

Balance at 31 March 2023

19,803,948

Net book value At 31 March 2021

3,920,090

5,991,182

At 31 March 2022

At 31 March 2023

7,963,998

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