Consolidated Annual Report 2018

BARBADOS PUBLIC WORKERS’ CO-OPERATIVE CREDIT UNION LIMITED | CONSOLIDATED ANNUAL REPORT 2018 55 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) 40 13. Property and Equipment, continued 2017 Furniture Assets Land and Motor and Leasehold being Buildings Vehicles Equipment Improvements Acquired Total Cost Balance, beginning of year $ 29,672,831 1,802,918 24,613,745 6,077,917 1,023,573 63,190,984 Additions/transfer 8,553,981 1,091,702 4,815,048 252,555 2,477,456 17,190,742 Disposals - (577,811) - - - (577,811) Balance, end of year 38,226,812 2,316,809 29,428,793 6,330,472 3,501,029 79,803,915 Accumulated depreciation Balance, beginning of year 8,466,901 1,256,358 18,851,527 2,904,025 - 31,478,811 Depreciation 588,070 232,553 2,436,215 914,393 - 4,171,231 Disposals - (571,328) - - - (571,328) Balance, end of year 9,054,971 917,583 21,287,742 3,818,418 - 35,078,714 Net book value, end of year $ 29,171,841 1,399,226 8,141,051 2,512,054 3,501,029 44,725,201