2018 Annual Report

Schedule of Tangible Capital Assets

Schedule 5

Schedule of Tangible Capital Assets For the year ended December 31, 2018

Schedule 5 | For the year ended December 31, 2018

Land 2

Building

Transportation Network

Storm System

Historical Cost 1 Opening cost

$

226,003,706 $

93,136,418 $

338,637,087 $ 14,701,053 (1,568,641) 351,769,499

269,115,241 12,496,463

Additions Disposals

8,683,358

7,357,354 (439,255)

-

(152,939)

234,687,064

100,054,517

281,458,765

Accumulated Amortization Opening balance

119,702,606 Consolidated Financial Statements

- - - -

48,995,252 2,649,485

62,363,679 3,753,290

Amortization expense Effect of disposals

6,588,267 (1,199,476) 125,091,397

(258,943)

(36,205)

66,080,764 Schedule 5

51,385,794

Schedule of Tangible Capital Assets For the year ended December 31, 2018

Net Book Value as at December 31, 2018 Net Book Value as at December 31, 2017

$

234,687,064 $

48,668,723 $

226,678,102 $

215,378,001

Storm System

Land 2

Building

Transportation Network

$

226,003,707 $

44,141,165 $

218,934,481 $

206,751,562

Historical Cost 1 Opening cost

$

226,003,706 $

93,136,418 $

338,637,087 $

269,115,241 12,496,463

Additions

8,683,358

7,357,354

14,701,053

1 Historical cost includes work in progress at December 31, 2018 of $28,815,386 ($5,004,065 for 2017) comprised of: Land $49,572 ($34,081 for 2017); Buildings $7,420,131 ($771,438 for 2017); Transportation network $8,780,007 ($987,757 for 2017); Storm system $39,145 ($1,479for 2017); Fleet and equipment $152,645 ($32,836 for 2017); Technology $72,607 ($27,900 for 2017); Water system $9,619,524 ($1,355,848 for 2017); Sanitary system $626,208 ($238,912 for 2017); and Other $2,055,548 ($1,553,814 for 2017). Work in progress is not amortized. 2 Additions to land are net of $-Nil ($-Nil for 2016) of land reclassified to inventory available for sale. 3 "Other" at net book value includes Furniture and Fixtures at $574,211 ($561,343 for 2017) and structures at $23,269,078 ($16,168,739 for 2017) Disposals - (439, 55) (1,568,641) 234,687,064 100,054,517 351,769,499 Accumulated Amortization Opening balance - 48,995,252 119,702,606 Amortization expense - 2,649,485 6,588,267 62,363,679 3,753,290 (152,939) 281,458,765

Effect of disposals

- -

(258,943)

(1,199,476)

(36,205)

51,385,794

125,091,397

66,080,764

Net Book Value as at December 31, 2018 Net Book Value as at December 31, 2017

$

234,687,064 $

48,668,723 $

226,678,102 $

215,378,001

$

226,003,707 $

44,141,165 $

218,934,481 $

206,751,562

1 Historical cost includes work in progress at December 31, 2018 of $28,815,386 ($5,004,065 for 2017) comprised of: Land $49,572 ($34,081 for 2017); Buildings $7,420,131 ($771,438 for 2017); Transportation network $8,780,007 ($987,757 for 2017); Storm system $39,145 ($1,479for 2017); Fleet and equipment $152,645 ($32,836 for 2017); Technology $72,607 ($27,900 for 2017); Water system $9,619,524 ($1,355,848 for 2017); Sanitary system $626,208 ($238,912 for 2017); and Other $2,055,548 ($1,553,814 for 2017). Work in progress is not amortized. 2 Additions to land are net of $-Nil ($-Nil for 2016) of land reclassified to inventory available for sale. 3 "Other" at net book value includes Furniture and Fixtures at $574,211 ($561,343 for 2017) and structures at $23,269,078 ($16,168,739 for 2017)

64 City of Maple Ridge - 2018 Annual Report