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)

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 2023 Depreciation charge Depreciation write-back Balance at 31 March 2024 Balance at 1 April 2024 Depreciation charge Depreciation write-back

- 5,928,295

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

8,886,449 990,235 (23,672) 9,853,012

233,237 153,342

136,421 1,150,958

- 43,474,660

- -

2,893,855

212,887

98,013

-

6,531,909

-

-

-

-

- (1,063,517) - 48,943,052

- 8,822,150

28,283,032

386,579

349,308

1,248,971

- 48,943,052

28,283,032 9,853,012

386,579 223,597

349,308 1,248,971 253,031 115,043

- 8,822,150

-

2,893,854

2,290,196 (97,502)

1,648,287 (15,827)

7,424,008

- (11,716,004)

-

- (12,676,072)

(602,339)

(244,400)

Balance at 31 March 2025

30,475,726 11,485,472

610,176

1,119,614

- 43,690,988

-

-

-

Net book value At 1 April 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

At 31 March 2024

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

33,940,984 165,730,000

18,291,926

4,663,592

1,622,147

-

441,158 28,362,810 253,052,617

At 31 March 2025

97