Eastern Caribbean Central Bank 2024-2025 Annual Report

Eastern Caribbean Central Bank Notes to the Financial Statements For the year ended 31 March 2025 (Expressed in Eastern Caribbean dollars)

14. Intangible assets

Computer software $

Cost Balance at 1 April 2023

27,767,946 345,586

Transfers

Balance at 31 March 2024

28,113,532

Balance at 1 April 2024

28,113,532

Additions

34,290

Derecognition

(5,389,505)

Balance at 31 March 2025

22,758,317

Accumulated amortisation Balance at 1 April 2023

19,803,948 907,112

Amortisation

Balance at 31 March 2024

20,711,060

Balance at 1 April 2024

20,711,060 871,680

Amortisation

Balance at 31 March 2025

21,582,740

Net book value At 31 March 2023 At 31 March 2024 At 31 March 2025

7,963,998

7,402,472

1,175,577

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