2017 Finance Annual Report

NOTESTOTHE CONSOLIDATED FINANCIAL STATEMENTS  CITY OF SURREY

For the year ended December 31, 2017 [tabular amounts in thousands of dollars]

10. TANGIBLE CAPITAL ASSETS

Balance at December 31, 2016

Disposals / WIP Allocations

Balance at December 31, 2017

Additions

Cost

Land and land improvements

$ 1,811,817

$

99,817 36,101 108,204

$

8,687 8,164

$ 1,902,947

Buildings

594,994

622,931

Infrastructure

4,481,723

11,395 10,466

4,578,532

Machinery and equipment

258,766

24,662

272,962

Land under road Work-in-Progress

2,807,611

115,356 489,839

-

2,922,967

275,066

409,461

355,444

Total

$ 10,229,977

$ 873,979

$ 448,173

$ 10,655,783

Accumulated Amortization on Disposals

Balance at December 31, 2016

Balance at December 31, 2017

Amortization

Accumulated Amortization Land and land improvements

$

79,400

$

4,450

$

652 945

$

83,198

Buildings

213,453

18,851 78,834 22,187

231,359

Infrastructure

1,496,023

9,357

1,565,500

Machinery and equipment

128,138

10,408 21,362

139,917

Total

$ 1,917,014

$ 124,322

$

$ 2,019,974

December 31, 2016

Net Book Value by category Land and land improvements

December 31, 2017

$ 1,732,417

$ 1,819,749

Buildings

381,541

391,572

Infrastructure

2,985,700

3,013,032

Machinery and equipment

130,628

133,045

Land under road Work-in-Progress

2,807,611

2,922,967

275,066

355,444

Total

$ 8,312,963

$ 8,635,809

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