2024 Annual Report-web FINAL

SCHEDULE 1 Schedule of Tangible Capital Assets Consolidated Financial Statements

For the year ended December 31, 2024

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, 2024

Please note: This chart spans two pages.

Land 2

Bu ildin g

T rans p ortation N et w or k

Storm System

H istorical Cost 1 Opening cost

$

306,753,545 $

148,090,222 $

383,750,626 $ 18,229,634 (1,196,313) 400,783,947

310,577,116 12,702,668

Additions Disposals

17,051,244

2,942,969 (437,769)

-

(742,007)

323,804,789

150,595,422

322,537,777

A cc u m u lated A mortization Opening balance

- - - -

65,754,108 3,846,988

154,365,897 8,253,178 (1,095,761) 161,523,314

84,858,415 4,340,550

Amortization expense Effect of disposals

(437,767)

(137,192)

69,163,329

89,061,773

N et B oo k V al u e as at Decem b er 3 1 , 2024 Net Book Value as at December 31, 2023

$

323,804,789 $

81,432,093 $

239,260,633 $

233,476,004

$

306,753,545 $

82,336,114 $

229,384,729 $

225,718,701

1 Historical cost includes work in progress at December 31, 2024 of $ 27,6 1 0,088 ($24,035,831 for 2023) comprised of: Land $ 589,238 ($593,278 for 2023); Buildings $ 357,5 1 4 ($431,168 for 2023); Transportation network $11 ,0 1 4,245 ( $867,832 for 2023); Storm system $1 97,30 1 ($45,137 for 2023); Fleet and equipment $1 0 1 ,275 ($1,158,163 for 2023); Technology $1 63, 1 38 ($855,495 for 2023); Water system $ 7,364,366 ($13,316,749 for 2023); Sanitary system $ 6,0 1 8, 1 74 ( $5,176,536 for 2023); and Other $1 ,804,836 ($1,591,473 for 2023). Work in progress is not amortized. 2 Additions to land are net of $- Nil ( $- Nil for 2023) of land reclassified to inventory available for sale. 3 "Other" at net book value includes Furniture and Fixtures at $1 ,449,342 ($1,456,848 for 2023) and Structures at $ 44,472,749 ( $42,778,993 for 2023)

72 | City of Maple Ridge - 2024 Annual Report