ECCB 2023-2024 Annual Report

Eastern Caribbean Central Bank Notes to the Financial Statements For the year ended 31 March 2024 (Expressed in Eastern Caribbean dollars)

14. Intangible assets

Computer software $

Cost Balance at 1 April 2022

24,837,332 2,665,156 265,458

Additions Transfers

Balance at 31 March 2023

27,767,946

Balance at 1 April 2023

27,767,946 345,586

Additions

Balance at 31 March 2024

28,113,532

Accumulated amortisation Balance at 1 April 2022

18,846,150 957,798

Amortisation

Balance at 31 March 2023

19,803,948

Balance at 1 April 2023

19,803,948 907,112

Amortisation

Balance at 31 March 2024

20,711,060

Net book value At 31 March 2022 At 31 March 2023 At 31 March 2024

5,991,182

7,963,998

7,402,472

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