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)

15. Property and equipment (continued)

Furniture and equipment $

Capital work in progress $

Computer systems $

Land improvements $

Building improvements $

Motor vehicles $

Land $

Buildings $

Total $

Accumulated depreciation

176,834 25,043,903 2,857,606 1,396,941

6,926,422 789,462

14,704 78,012

-

843,047 184,640

- 33,004,910

Balance at April 1, 2021

- - -

29,566

Depreciation charge

- -

5,336,227

Depreciation write-back

-

(905,742)

(2,425)

-

-

-

(908,167)

-

3,034,440 25,535,102

7,713,459

92,716

29,566

1,027,687

- 37,432,970

Balance at 31 March 2022

3,034,440 25,535,102

7,713,459

92,716

29,566

1,027,687 123,271

- 37,432,970

Balance at 1 April 2022 Depreciation charge Depreciation write-back

-

2,893,855

1,719,297 1,325,725

140,521

106,855

- -

6,309,524 (267,834)

-

-

(115,099)

(152,735)

-

-

-

Balance at 31 March 2023

-

5,928,295 27,139,300

8,886,449

233,237

136,421

1,150,958

- 43,474,660

Net book value

49,511

-

At April 1, 2021

21,826,175 137,907,211

10,785,872

1,861,195

424,625

7,813,080 180,667,669

At 31 March 2022

21,826,175

137,466,211

10,995,197

3,556,994

1,308,848

646,531

434,985

7,755,216 183,990,157

At 31 March 2023

21,826,175 134,572,356 19,932,387

2,879,955

1,168,327

1,536,345

311,714 4,479,578 186,706,837

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