Consolidated Annual Report 2018

BARBADOS PUBLIC WORKERS’ CO-OPERATIVE CREDIT UNION LIMITED | CONSOLIDATED ANNUAL REPORT 2018 54 BARBADOS PUBLIC WORKERS' CO-OPERATIVE CREDIT UNION LIMITED Notes to the Consolidated Financial Statements For the year ended March 31, 2018 (Expressed in Barbados dollars) 39 13. Property and Equipment Property and equipment is comprised of the following: 2018 Furniture Assets Land and Motor and Leasehold being Buildings Vehicles Equipment Improvements Acquired Total Cost Balance, beginning of year $ 38,226,812 2,316,809 29,428,793 6,330,472 3,501,029 79,803,915 Additions/transfer 1,959,294 2,745,614 3,746,220 2,157,853 9,171,042 19,780,023 Disposals - (434,190) (563,602) (401,879) - (1,399,671) Balance, end of year 40,186,106 4,628,233 32,611,411 8,086,446 12,672,071 98,184,267 Accumulated depreciation Balance, beginning of year 9,054,971 917,583 21,287,742 3,818,418 - 35,078,714 Depreciation 800,053 491,752 3,064,359 395,349 - 4,751,513 Disposals - (434,190) (551,125) (401,879) - (1,387,194) Balance, end of year 9,855,024 975,145 23,800,976 3,811,888 - 38,443,033 Net book value, end of year $ 30,331,082 3,653,088 8,810,435 4,274,558 12,672,071 59,741,234