City of Surrey's Annual Financial Report 2021

SCHEDULE 1 TANGIBLE CAPITAL ASSETS CITY OF SURREY

As at December 31, 2021 [in thousands of dollars]

Buildings and building improvements Infrastructure

Machinery and equipment

Balance at December 31, 2021

Land and land improvements

Land under road

Assets under construction

COST

Opening Balance

$ 2,106,924 $ 3,311,025 $ 791,081 $ 5,051,243 $ 316,750 $ 266,493 $ 11,843,516

Additions Disposals

57,462

116,792

16,433

139,694

15,462

(41,986)

303,857

(3,258)

-

-

(3,289)

(8,091)

-

(14,638)

Ending Balance

2,161,128

3,427,817

807,514

5,187,648

324,121

224,507

12,132,735

ACCUMULATED AMORTIZATION Opening Balance 96,670

- - - -

294,793

1,799,944

177,801

- - - -

2,369,208

Amortization

5,145

24,005

91,939 (2,809)

21,618 (7,943)

142,707

Accum. amort. on disposals

(313)

-

(11,065)

Ending Balance

101,502

318,798

1,889,074

191,476

2,500,850

NET BOOK VALUE

$ 2,059,626 $ 3,427,817 $ 488,716 $ 3,298,574 $ 132,645 $ 224,507 $ 9,631,885

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

$ 2,034,546 $ 3,228,036 $

751,195 $ 4,892,888 $ 314,326 $ 329,413 $ 11,550,404

Additions and transfers

72,802

82,989

39,886

174,047 (15,692)

10,412 (7,988)

(62,917)

317,219 (24,107)

Disposals

(424)

-

-

(3)

Ending Balance

2,106,924

3,311,025

791,081

5,051,243

316,750

266,493

11,843,516

ACCUMULATED AMORTIZATION Opening Balance 92,167

- - - -

272,447

1,725,463

164,659

- - - -

2,254,736

Amortization

4,864

22,346

88,057 (13,576)

21,087

136,354 (21,882)

Accum. amort. on disposals

(361)

-

(7,945)

Ending Balance

96,670

294,793

1,799,944

177,801

2,369,208

NET BOOK VALUE

$ 2,010,254 $ 3,311,025 $ 496,288 $ 3,251,299 $ 138,949 $ 266,493 $ 9,474,308

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