79 CONSOLIDATED FINANCIAL STATEMENTS 2026 Barbados Public Workers’ Co-operative Credit Union Limited Notes to the Consolidated Financial Statements March 31, 2026 (expressed in Barbados dollars) 14 Property and Equipment …continued 2025 Land and buildings $ Motor vehicles $ Furniture and equipment $ Leasehold improvements $ Assets bein acquire Cost Balance, beginning of year 52,000,245 11,248,774 41,174,144 6,419,118 14,709,02 Additions/transfer – 2,982,793 1,841,693 – 2,507,12 Disposal – (1,633,192) (58,308) – Balance, end of year 52,000,245 12,598,375 42,957,529 6,419,118 17,216,14 Accumulated depreciation Balance, beginning of year 20,818,352 5,952,360 37,074,755 5,959,023 Depreciation 2,164,344 1,654,893 2,075,015 59,164 Disposal – (1,405,399) – – Balance, end of year 22,982,696 6,201,854 39,149,770 6,018,187 Net book value, end of year 29,017,549 6,396,521 3,807,759 400,931 17,216,14 Assets being acquired represent purchases of property and equipment which were not yet in operation and on which no depreciation has been charged. os Public Workers’ Co-operative Credit Union Limited e Consolidated Financial Statements 2026 Barbados dollars) 47 ty and Equipment …continued 2025 Land and buildings $ Motor vehicles $ Furniture and equipment $ Leasehold improvements $ Assets being acquired $ Total $ , beginning of year 52,000,245 11,248,774 41,174,144 6,419,118 14,709,023 125,551,304 ns/transfer – 2,982,793 1,841,693 – 2,507,126 7,331,612 l – (1,633,192) (58,308) – – (1,691,500) , end of year 52,000,245 12,598,375 42,957,529 6,419,118 17,216,149 131,191,416 ulated depreciation , beginning of year 20,818,352 5,952,360 37,074,755 5,959,023 – 69,804,490 ation 2,164,344 1,654,893 2,075,015 59,164 – 5,953,416 l – (1,405,399) – – – (1,405,399) , end of year 22,982,696 6,201,854 39,149,770 6,018,187 – 74,352,507 k value, end of year 29,017,549 6,396,521 3,807,759 400,931 17,216,149 56,838,909 eing acquired represent purchases of property and equipment which were not yet in operation which no depreciation has been charged. Barbados Public Workers’ Co-operative Credit Union Limited Notes to the Consolidated Financial Statements March 31, 2026 (expressed in Barbados dollars) 14 Property and Equipment …continued 2025 Land and buildings $ Motor vehicles $ Furniture an equipment Leasehold improvem nts $ Assets bein acquire Cost Balance, beginning of year 5 ,000,245 1 ,248,774 41,174, 44 6,419,118 14,709,02 Additions/transfer – 2,982,793 1,841,693 – 2,507,12 Disposal – (1,633,192) (58,308) – Balance, end of year 52,000,245 12,598,375 42,957,529 6,419,118 17,216,14 Accumulated depreciation Balance, beginning of year 20,818,352 5,952,360 37,074,755 5,959,023 Depreciation 2,164,344 1,654,893 2,075,015 59,164 Disposal – (1,405,399) – – Balance, end of year 22,982,696 6,201,854 39,149,770 6,018,187 Net book value, end of year 29,017,549 6,396, 21 3,807,759 400,931 17,216,14 Assets b ing acquir d represent purchases of property and equipment which were not yet in operation and on which no depreciation has been charged. rbados Public Workers’ Co-operative Credit Union Lim ted s to the Consolidated Financial Statements ch 31, 2026 essed in Barbado dollars) Property and Equipment …continued 2025 Land and buildings $ Motor vehicles $ Furniture and equipment $ Leasehold improvements $ Assets being acquired $ Cost Balance, beginning of y ar 52,000,245 11,248,774 41,174,144 6,419,118 14,709,023 125,5 Additions/transfer – 2,982,793 1,841,693 – ,507,126 7,3 Disposal – (1,633,192) (58,308) – – (1,6 Balance, end of year 52,000,245 12,598,375 42,9 7,529 6,419,118 7,216,149 3 ,1 Accumulated depreci ion Balance, beginning of y ar 20,818,352 5,952,360 37,074,755 ,959,023 – 6 ,8 Depreciation 2,164,344 1,654,893 2,075,015 59,164 – 5,9 Disposal – (1,405,399) – – – (1,4 Balance, end of year 22,982,696 6,201,854 39,1 9,770 6,018,187 – 74,3 Net book value, end of year 29,017,549 6,3 6,521 3,807,759 400,931 7,2 6,149 56,8 Assets being acquir d represent purchases of roperty and equipment which were not y t in opera ion nd on which o depreciation has been charged. dos Public Workers’ Co-op rative Credit Union Limited the Consolidated Fi ancial S atements 1, 026 in Barbados dollars) erty and Equi ment …co tinued 025 Land buildings $ Motor vehicl s $ Furniture and equipment $ Leasehold improv ments $ As et being acquired $ Tot nce, beginning of year 52, 00 245 11,248 774 41,174 144 6,419,118 14,709,023 125,551,30 ions/transfer – 2,98 793 1, 41 693 – 2,507,126 7,331,61 osal – (1,633 192) (58,308) – – (1,69 ,50 nc , end of year 52, 00 245 12,598 375 42, 57 529 6,419,118 17,2 6,149 131, 9 ,41 mulated d preciation nce, beginning of year 20, 18 352 5,952 360 37,074 755 5, 59,023 – 69,804 49 ec ation 2,164 34 1,654 893 2,075 015 59,164 – 5,953 41 osal – (1,405 399) – – – (1,405 39 nc , end of year 22,98 96 6,201,854 39,149,770 6,018,187 – 74,352,50 ook valu , end of year 29,017 549 6,39 ,521 3,807,759 400,931 17,2 6,149 56, 38, 0 s b ing acquired represent purchases of property and equi ment which were not yet in operatio n which no depreciation has be n charged. o ublic Workers’ Co- perative Credit Un on Lim ed e Consolidated Financial Statements 026 Barbados dol ars) 47 y and Equipment …co tinued 2025 Land and buildings $ Motor veh cles $ Furniture and equipment $ Leasehold improve ents $ Assets being acquired $ Total $ beginning of year 52,000,245 11,248,7 4 1,174,144 6,419,118 14,709,023 125,551,304 s/transfer – 2,982,793 1,841,693 – 2,507,126 7,331,6 2 – (1,633,192) (58,308) – – (1,691,500) end of y ar 52,000,245 12,598,375 42,957,529 6,419,118 17,216, 49 131, 91,416 lated depr ciation beginning of year 20,818,352 5,952,360 37,074,755 5,959,023 – 69,804,490 tion 2,164,3 1,654,89 2,075,015 59,164 – 5,953,416 – (1,405,399) – – (1,405,399) end of y ar 22,982,696 6,201, 54 39,149,7 0 6,018,1 7 – 74,352,507 k value, end of year 29,017,549 6,396,521 3,807,759 400,931 17,216,149 56,838,909 eing acquired represent pur hases of property and equipment which were not y i operation hich no depr ciation has been charged. Public Worke s’ Co- perative Credit Union Limited Consolidated Financial Statem nts 26 rb dos dollars) 47 and Equipment …conti ued 20 5 Land and buildings $ Mot r vehicles $ Furniture and equipment $ Leas hold improvem nts $ Assets being acquired $ Total $ gin g of year 52,00 , 45 11,248,774 41,174,1 4 6, 9, 18 14,709, 23 125,5 1,304 ra sfe – 2,982,793 1,841,693 – 2,507,126 7,331,6 2 – (1,633,192) (58,308) – – (1,691,500) d of y ar 52,00 , 45 12,598,375 42,957, 29 6, 19, 18 17,216, 9 13 ,19 ,4 6 ed depreciation gin g of year 20,81 ,352 5,9 2,360 37,0 4, 55 5,9 ,023 – 69,804,490 n 2,164,3 4 1,654,893 2,075,015 59,164 – 5,9 3,416 – (1,405,399) – – – (1,405,399) d of y ar 22,982,69 6,201,854 39,149,770 6,018, 7 – 74,352, 07 alue, nd of year 29,017,549 6,396,521 3,807,759 400,931 17,216, 9 56,83 ,90 g acquired rep sent purchases of prop rty and equipment which were not yet in operation c no depr ciat on has been c arged. ublic Worke s’ Co- perativ Credit Union Limited olidated Financ al Statem n s dos dollars) 47 d Equipment …continue 2025 Land and buildings $ Motor vehicles $ Furnitu e and equipment $ Leas hold improvements $ Assets being acquired $ Total $ ni of year 52,000,245 11, 48,77 1,17 , 44 6, 19, 18 4 709, 23 125 551,30 sfer – 2,982,7 3 1,841,693 – 2,507,126 331,61 – (1,633, 92) (58,308) – – (1,691,500) f year 52,000, 45 12,598,37 42,957, 2 6,419,118 7 2 6, 49 31 9 ,4 6 depr ciation ni of year 20,818,352 5,9 2,36 37,0 4, 55 5,9 9,023 – 69,804,49 2,164,344 1,654,893 2,075,015 59,164 – 5,9 3,416 – (1,405,399) – – – (1,405,399) f year 22,98 ,696 6,201,854 39,149,770 6, 18,187 – 4,352, 07 e, end of year 29,017,549 6,396,5 1 3,807,759 400,931 17 216, 49 5 838,909 cquired rep esent pu chases of pro erty and equipment which were not yet n opera ion no depr ciation has bee charged. blic Workers’ Co- p ativ Credit Union L mited lidated F n ncial Statements doll rs) 47 quipment …continued 2025 Land and buildings $ Motor vehicles $ Furniture and quipment $ Leas hold mprovem nts $ Assets being acquired $ Total $ g of year 52,000,24 11,248,774 41,174,1 6,4 9,118 1 ,709,023 25,5 1,304 – 2,982,793 1, 41,693 – 2,507,126 7,331,6 2 – (1,633,192) (58,308) – – (1,691,500) ear 52,000,24 1 ,598,375 42, 57, 29 6,419,118 17,216, 49 3 ,1 1,4 6 pr ciation g of year 20,818,35 5,9 2,360 37,0 4, 55 ,9 9,023 – 69,804,490 2,164,3 4 1, 54,893 2,075,015 59,164 – 5,9 3,416 – (1,405,399) – – – (1,405,399) ear 22,982,696 ,201,854 39,149,770 6,018,1 7 – 74,352, 0 nd of year 29,017,549 6,396,521 3,807,759 400,931 17,2 6,149 56,838,909 ired rep s nt p chases of property and quipment which r not yet in o eration depreciation has bee ch rged.
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