City of Surrey's 2025 Annual Financial Report

SCHEDULE 1 CITY OF SURREY TANGIBLE CAPITAL ASSETS

For the year ended December 31, 2025, with comparative figures for 2024 (tabular amounts in thousands of dollars)

City of Surrey Schedule 1 - Tangible Capital Asset

For the year ended December 31, 2025, with comparative figures for 2024 (in thousands of dollars) Buildings and building improvements Infrastructure

Balance at December 31, 2025

Land and land improvements Land under road

Machinery and equipment

Assets under construction

COST

Opening Balance

$

816,248

$

5,671,582

$

2,383,256

$

3,835,279

$

342,277

$

413,965

$

13,462,607

Additions and transfers

98,943

147,826

76,200 (1,924)

150,644

55,258 (8,705)

15,012

543,883 (33,742)

Disposals

(14,669)

(8,444)

-

-

Ending Balance

900,522

5,810,964

2,457,532

3,985,923

388,830

428,977

13,972,748

ACCUMULATED AMORTIZATION Opening Balance

384,790

2,160,755

116,125

-

210,388

-

2,872,058

Amortization

24,677

100,276

5,798

- - -

25,335 (8,471)

- - -

156,086 (29,920)

Accum. amort. on disposals

(13,618) 395,849

(6,171)

(1,660)

Ending Balance

2,254,860

120,263

227,252

2,998,224

NET BOOK VALUE

$

504,673

$

3,556,104

$

2,337,269

$

3,985,923

$

161,578

$

428,977

$

10,974,524

Buildings and building improvements Infrastructure

Balance at December 30, 2024

Land and land improvements Land under road

Machinery and equipment

Assets under construction

COST

Opening Balance

$

813,543

$

5,463,412

$

2,326,497

$

3,730,016

$

328,628

$

332,934

$

12,995,030

Additions and transfers

3,080

218,568 (10,398)

57,131

105,263

31,294

81,031

496,367 (28,790)

Disposals

(375)

(372)

-

(17,645) 342,277

-

Ending Balance

816,248

5,671,582

2,383,256

3,835,279

413,965

13,462,607

ACCUMULATED AMORTIZATION Opening Balance

361,745

2,069,782

110,708

-

203,112

-

2,745,347

Amortization

23,312

100,043

5,618

- - -

24,030

- - -

153,003 (26,292)

Accum. amort. on disposals

(267)

(9,070)

(201)

(16,754) 210,388

Ending Balance

384,790

2,160,755

116,125

2,872,058

NET BOOK VALUE

$

431,458

$

3,510,827

$

2,267,131

$

3,835,279

$

131,889

$

413,965

$

10,590,549

[4 2 ]

83