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CHILLIWACK ECONOMIC PARTNERS CORPORATION
Notes to Financial Statements (continued)
Year ended December 31, 2012
5. Tangible capital assets:
2012
2012
Opening
Closing
Cost
Additions
Disposals
Cost
Buildings
$ 4,574,278 $ 17,977 $ 2,014,223 $ 2,578,032
Leasehold improvements
756,749
-
-
756,749
Computer and office equipment
170,829
13,890
-
184,719
Website
76,587
-
-
76,587
Telecommunication equipment
23,291
-
-
23,291
Land
517,478
-
175,544
341,934
$ 6,119,212 $ 31,867 $ 2,189,767 $ 3,961,312
2012 Opening
2012 Closing
Accumulated
Amortization Accumulated
Amortization
Disposals
Expense Amortization
Buildings
$ 792,786 $ 368,596 $ 106,400 $ 530,590
Leasehold improvements
278,321
-
46,800
325,121
Computer and office equipment
149,936
-
8,076
158,012
Website
76,587
-
-
76,587
Telecommunication equipment
20,537
-
684
21,221
$ 1,318,167 $ 368,596 $ 161,960 $ 1,111,531
2012 Opening 2012 Closing
Net Book Value Net Book Value
Buildings
$ 3,781,492 $ 2,047,442
Leasehold improvements
478,428
431,628
Computer and office equipment
20,893
26,707
Website
-
-
Telecommunication equipment
2,754
2,070
Land
517,478
341,934
$ 4,801,045 $ 2,849,781
cepco financial statements
69
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