City of Surrey's Annual Financial Report 2020

SCHEDULE 1 TANGIBLE CAPITAL ASSETS  CITY OF SURREY

As at December 31, 2020 [in thousands of dollars]

Buildings and building improvements Infrastructure

Machinery and equipment

Balance at December 31, 2020

Land and land improvements

Land under road

Assets under construction

COST Opening Balance

$ 11,550,404

$ 2,034,546 $ 3,228,036 $ 751,195 $ 4,892,888 $ 314,326 $ 329,413

317,219 (24,107)

Additions and transfers

72,802

82,989

39,886

174,047 (15,692)

10,412

(62,917)

Disposals

(424)

-

-

(7,988)

(3)

11,843,516

Ending Balance

2,106,924

3,311,025

791,081

5,051,243

316,750

266,493

ACCUMULATED AMORTIZATION Opening Balance 92,167

2,254,736

- - - -

272,447

1,725,463

164,659

- - - -

136,354 (21,882)

Amortization

4,864

22,346

88,057 (13,576)

21,087

Accum. amort. on disposals

(361)

-

(7,945)

2,369,208

Ending Balance

96,670

294,793

1,799,944

177,801

NET BOOK VALUE

$ 9,474,308

$ 2,010,254 $ 3,311,025 $ 496,288 $ 3,251,299 $ 138,949 $ 266,493

Balance at January 01, 2020

Buildings and building improvements Infrastructure

Machinery and equipment

Land and land improvements

Land under road

Assets under construction

COST Opening Balance

$ 1,966,871 $ 3,079,917 $ 685,886 $ 4,738,323 $ 284,667 $ 360,466 $ 11,116,130

Additions and transfers

69,941

148,119

65,466

159,705

37,908

(29,863)

451,276

Disposals

(2,266)

-

(157)

(5,140)

(8,249)

(1,190)

(17,002)

Ending Balance

2,034,546

3,228,036

751,195

4,892,888

314,326

329,413

11,550,404

ACCUMULATED AMORTIZATION Opening Balance 87,948

- - - -

251,434

1,642,606

151,542 21,359

- - - -

2,133,530

Amortization

5,084

21,168

86,405

134,016

Accum. amort. on disposals

(865)

(155)

(3,548)

(8,242)

(12,810)

Ending Balance

92,167

272,447

1,725,463

164,659

2,254,736

NET BOOK VALUE

$ 1,942,379 $ 3,228,036 $ 478,748 $ 3,167,425 $ 149,667 $ 329,413 $ 9,295,668

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