CREDUT UNION REPORT 2013.pdf April 2013 | Page 69

NOTES TO THE FINANCIAL STATEMENTS AT 31ST DECEMBER, 2013 (continued) 7. PROPRERTY, PLANT AND EQUIPMENT Work in Progress Balance at 1st January, 2012 Accumulated depreciation NET BOOK VALUE For year ended 31st December, 2012 Opening book value Additions for the year Disposals for the year Depreciation charge for year NET BOOK VALUE Balance at 1st January, 2013 Accumulated depreciation NET BOOK VALUE For year ended 31st December, 2013 Opening book value Additions for the year Disposal during the year Depreciation charge for year NET BOOK VALUE Balance at 31st December, 2013 Accumulated depreciation NET BOOK VALUE 68 Freehold land and Building 30,275 2,431,045 (325,350) $30,275 $2,105,695 30,275 - 2,105,695 (34,428) $30,275 $2,071,267 30,275 - 2,431,045 (359,778) $30,275 $2,071,267 30,275 - 2,071,267 (34,428) $30,275 $2,036,839 30,275 - 2,431,045 (394,206) $30,275 $2,036,839 Furniture, Fixtures and Equipment 449,941 (248,712) $201,229 201,229 115,530 (5,119) (37,476) $274,164 560,352 (286,188) $274,164 274,164 19,029 (655) (42,727) $249,811 574,141 (324,330) $249,811 Computer Equipment and Software 614,067 (470,986) $143,081 Automatic Teller Machine 612,181 (612,180) $ 143,081 171,592 (1,015) (106,244) $207,414 784,644 (577,230) $207,414 1 $ 822,127 (692,498) $129,629 1 612,181 (612, 180) $ 207,414 37,483 (115,268) $129,629 1 1 1 - $ 1 612,181 (612,180) $ 1