District of Lake Country Schedule of Tangible Capital Assets For the year ended December 31 , 2015
COST
Land
Land Improvements
Buildings
Furniture & Equipment
Vehicle & Machinery
IT Infrastructure
Opening balance $ 20,763,197 $ 3,573,479 $ 22,820,182 $ 1,831,663 $ 4,012,788 $ 378,787 Add : additions 2,680,698 165,891 1,479,186 52,705 390,399 30,936 Less : disposals / transfers - - - - ( 79,189 ) - Closing balance 23,443,895 3,739,370 24,299,368 1,884,368 4,323,998 409,723
ACCUMULATED AMORTIZATION Opening balance |
- |
504,037 |
4,328,693 |
793,273 |
1,789,763 |
232,100 |
Add : amortization |
- |
136,500 |
506,384 |
123,619 |
237,831 |
54,077 |
Less : accumulated amortization on disposals |
- |
- |
- |
- |
( 72,189 ) |
- |
Closing balance |
- |
640,537 |
4,835,077 |
916,892 |
1,955,405 |
286,177 |
Net book value , December 31 , 2015 $ 23,443,895 $ 3,098,833 $ 19,464,291 $ 967,476 $ 2,368,593 $ 123,546
Net book value , December 31 , 2014 $ 20,763,197 $ 3,069,442 $ 18,491,489 $ 1,038,390 $ 2,223,025 $ 146,687
Schedule 1 - 21 -
2015 Annual Report 92 | Page