2020 Annual Report

City of Chilliwack 72 City of Chilliwack Notes to Consolidated Financial Statements Year Ended December 31, 2020 8 Tangible capital assets (continued): Opening 2020 Ending NBV NBV Accum. Amort. Amortization Disposals Accum. Amort 2020 2019 General Land - $ - $ - $ - $ 141,697,810 $ 139,534,396 $ Buildings 52,780,850 3,675,442 - 56,456,292 88,448,517 89,406,319 Equipment and vehicles 24,220,793 3,035,207 (1,435,407) 25,820,593 19,592,441 19,725,999 Engineering structures 162,320,312 7,926,221 (40,427) 170,206,106 223,788,028 216,226,995 Under construction - - - - 28,435,635 8,571,376 239,321,955 14,636,870 (1,475,834) 252,482,991 501,962,431 473,465,086 Water Land - - - - 2,026,328 2,026,328 Buildings 122,906 14,784 - 137,690 146,177 160,961 Equipment and vehicles 804,393 309,891 (100,442) 1,013,842 2,395,506 1,972,075 Engineering structures 66,938,144 3,149,664 - 70,087,808 128,820,381 128,328,880 Under construction - - - - 1,170,478 687,203 67,865,443 3,474,339 (100,442) 71,239,340 134,558,870 133,175,447 Sewer Land - - - - 1,643,155 1,643,155 Equipment and vehicles 1,140,952 192,329 (58,395) 1,274,886 1,711,844 1,878,314 Engineering structures 92,021,107 4,887,677 - 96,908,784 173,257,959 175,527,627 Under construction - - - - 5,713,157 1,753,735 93,162,059 5,080,006 (58,395) 98,183,670 182,326,115 180,802,831 CEPCO Land - - - - 196,196 196,196 Buildings 1,986,296 220,079 (751,332) 1,455,043 3,929,716 4,128,584 Equipment 214,860 22,076 - 236,936 49,916 67,987 2,201,156 242,155 (751,332) 1,691,979 4,175,828 4,392,767 Tourism Chilliwack Goodwill - - - - 6,120 6,120 Buildings 116,520 1,973 - 118,493 9,420 11,393 Equipment 189,384 12,027 - 201,411 18,384 18,016 305,904 14,000 - 319,904 33,924 35,529 402,856,517 $ 23,447,370 $ (2,386,003) $ 423,917,884 $ 823,057,168 $ 791,871,660 $ The fair value of tangible capital assets contributed to the City during the year is as follows: 2020 2019 Engineering structures 6,060,679 $ 1,548,581 $ Water 1,033,188 283,288 Sewer 713,415 305,141 Land - 761,300 7,807,282 $ 2,898,310 $ CITY OF CHILLIWACK NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Year Ended December 31, 2020