Non-Consolidated Annual Report 2019

BARBADOS PUBLIC WORKERS’ CO-OPERATIVE CREDIT UNION LIMITED | NON-CONSOLIDATED ANNUAL REPORT 2019 50 BARBADOS PUBLIC WORKERS' CO-OPERATIVE CREDIT UNION LIMITED Notes to the Non-consolidated Financial Statements For the year ended March 31, 2019 (Expressed in Barbados dollars) 35 12. Property and Equipment Property and equipment is comprised of the following: 2019 Furniture Assets Land and Motor and Leasehold being Buildings Vehicles Equipment Improvements Acquired Total Cost Balance, beginning of year $ 40,186,106 2,039,377 30,846,366 5,575,146 12,672,071 91,319,066 Additions/transfer 171,295 868,613 994,728 - 1,653,891 3,688,527 Disposals - - - - - - Balance, end of year 40,357,401 2,907,990 31,841,094 5,575,146 14,325,962 95,007,593 Accumulated depreciation Balance, beginning of year 9,855,024 366,750 22,538,354 2,721,563 - 35,481,691 Depreciation 867,642 338,463 2,712,638 882,465 - 4,801,208 Disposals - - - - - - Balance, end of year 10,722,666 705,213 25,250,992 3,604,028 - 40,282,899 Net book value, end of year $ 29,634,735 2,202,777 6,590,102 1,971,118 14,325,962 54,724,694