Coquitlam Annual Report 2016

Page 77

Coquitlam Public Library

Notes to Financial Statements Year ended December 31, 2016 5. Tangible capital assets: Balance, December 31, 2015

Cost $

Automotive Leasehold improvements Library collections Security equipment

61,480

Additions $

-

Balance December 31, 2016

Disposals $

-

$

61,480

81,817

7,039

-

88,856

1,955,978

328,853

347,177

1,937,654

138,991

33,643

-

172,634

617,137

39,899

-

657,036

Furniture and equipment

1,198,434

61,376

-

1,259,810

Assets under capital lease

166,621

-

21,753

144,868

Computer equipment

$

4,220,458

$

Balance, December 31, 2015

Accumulated Amortization $

Automotive

28,074

470,810

$

-

$

Amortization Expense

Disposals $

368,930

$

9,281

4,322,338 Balance December 31, 2016

$

37,355

81,817

-

938

82,755

1,137,501

347,177

322,954

1,113,278

Security equipment

114,639

-

10,080

124,719

Computer equipment

426,242

-

63,254

489,496

Furniture and equipment

579,623

-

93,988

673,611

Assets under capital lease

48,293

21,753

30,489

57,029

Leasehold improvements Library collections

$

2,416,189

$

368,930

$

530,984

$

Net book value December 31, 2015 $

Automotive

33,406

2,578,243 Net book value December 31, 2016

$

24,125

-

6,101

818,477

824,376

24,352

47,915

Computer equipment

190,895

167,540

Furniture and equipment

618,811

586,199

Assets under capital lease

118,328

87,839

Leasehold improvements Library collections Security equipment

$

1,804,269

$

1,744,095

City of Coquitlam 2016 ANNUAL REPORT

75


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