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)

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 Balance at 1 April 2022 Depreciation charge Depreciation write-back Balance at 31 March 2023 Balance at 1 April 2023 Depreciation charge Depreciation write-back

-

3,034,440

25,535,102 1,719,297

7,713,459 1,325,725 (152,735) 8,886,449 8,886,449 990,235 (23,672)

92,716 29,5661,027,687

- 37,432,970

- 2,893,855

140,521

106,855

123,271

- -

6,309,524

- -

-

(115,099)

-

-

-

(267,834)

5,928,295

27,139,300

233,237

136,421 1,150,958

- 43,474,660

-

5,928,295 2,893,855

27,139,300 2,183,577 (1,039,845)

233,237 153,342

136,421 1,150,958

- 43,474,660

-

212,887

98,013

6,531,909

-

-

- (1,063,517)

-

-

-

Balance at 31 March 2024

-

8,822,150

28,283,032

9,853,012

386,579

349,308

1,248,971

- 48,943,052

Net book value At 1 April 2022

21,826,175 137,466,211

10,995,197

1,308,848

646,531 434,985 7,755,216 183,990,157

3,556,994

At 31 March 2023

21,826,175 134,572,356

19,932,387

2,879,955

1,168,327 1,536,345311,714 4,479,578 186,706,837

23,199,578 131,678,501

19,546,552

2,339,115

1,845,744

2,137,906 310,201 16,431,897 197,489,494

At 31 March 2024

98