2023 Annual Report

SCHEDULE 1 Schedule of Tangible Capital Assets Consolidated Financial Statements

For the year ended December 31, 2023

Sched u le 1

Sched u le o f T an g i b le Ca p ital A ssets For the year ended December 31, 2023

Please note: This chart spans two pages.

Land 2

B u ildin g

T rans p ortation N et w or k

Storm System

H istorical Cost 1 Opening cost

$

296,648,241 $

147,073,167 $

373,002,915 $ 12,993,237 (2,245,526) 383,750,626

303,763,248

Additions Disposals

10,106,040

1,163,534 (146,479)

7,361,814 (547,946)

(736)

306,753,545

148,090,222

310,577,116

A cc u m u lated A morti z ation Opening balance

- - - -

62,122,019 3,778,568

148,118,879 7,764,108 (1,517,090) 154,365,897

80,886,148 4,141,450

Amortization expense Effect of disposals

(146,479)

(169,183)

65,754,108

84,858,415

N et Boo k V al u e as at Decem b er 3 1 , 2023 Net Book Value as at December 31, 2022

$

306,753,545 $

82,336,114 $

229,384,729 $

225,718,701

$

296,648,241 $

84,951,148 $

224,884,037 $

222,877,100

1 Historical cost includes work in progress at December 31, 2023 of $ 24,035,83 1 ($14,756,896 for 2022) comprised of: Land $593,278 ($658,032 for 2022); Buildings $431,168 ($111,063 for 2022); Transportation network $867,832 ($6,027,059 for 2022); Storm system $45,137 ($24,641 for 2022); Fleet and equipment $1,158,163 ($437,010 for 2022); Technology $855,495 ($248,001 for 2022); Water system $13,316,749 ($1,776,196 for 2022); Sanitary system $5,176,536 ($3,856,060 for 2022); and Other $1,591,473 ($1,618,834 for 2022). Work in progress is not amortized. 2 Additions to land are net of $- Nil ( $- Nil for 2022) of land reclassified to inventory available for sale. 3 "Other" at net book value includes Furniture and Fixtures at $1,456,848 ($1,131,451 for 2022) and Structures at $42,778,993 ( $40,219,120 for 2022)

70 | City of Maple Ridge - 2023 Annual Report