Annual report 2008-OK-B-up.qxp - Canadia Bank Plc.

NOTES TO THE FINANCIAL STATEMENTS
10. PROPERTY AND EQUIPMENT
Assets
Computer
Freehold Under Furniture Office and
land Building construction and fixtures equipment ITequipment Vehicles Total
US$ US$ US$ US$ US$ US$ US$ US$
At 1 January 2007
Cost 3,484,790 2,940,710 4,097,203 244,960 642,211 1,080,852 925,921 13,416,647
Accumulated depreciation - (1,135,107) - (145,302) (402,417) (814,149) (555,865) (3,052,840)
Net book amount 3,484,790 1,805,603 4,097,203 99,658 239,794 266,703 370,056 10,363,807
Year ended 31 December 2007
Opening net book amount 3,484,790 1,805,603 4,097,203 99,658 239,794 266,703 370,056 10,363,807
Additions 360,000 322,691 7,583,811 170,844 374,665 777,914 489,483 10,079,408
Disposals - net - - - (2,025) (1,148) - (85,599) (88,772)
Depreciation charge - (150,122) - (38,397) (100,998) (297,587) (123,445) (710,549)
Closing net book value 3,844,790 1,978,172 11,681,014 230,080 512,313 747,030 650,495 19,643,894
At 31 December 2007
Cost 3,844,790 3,263,401 11,681,014 413,330 1,008,039 1,733,515 1,314,813 23,258,902
Accumulated depreciation - (1,285,229) - (183,250) (495,726) (986,485) (664,318) (3,615,008)
Net book amount 3,844,790 1,978,172 11,681,014 230,080 512,313 747,030 650,495 19,643,894
Million Riel equivalent (unaudited) 15,391 7,919 46,759 922 2,051 2,989 2,604 78,635
Year ended 31 December 2008
Opening net book amount 3,844,790 1,978,172 11,681,014 230,080 512,313 747,030 650,495 19,643,894
Additions 563,350 2,042,730 8,329,393 113,033 312,901 900,886 569,469 12,831,762
Disposals - net (30,000) (2,146) - (22,562) (19,489) (14,016) (2) (88,215)
Depreciation charge - (199,470) - (67,232) (157,193) (515,766) (226,516) (1,166,177)
Closing net book value 4,378,140 3,819,286 20,010,407 253,319 648,532 1,118,134 993,446 31,221,264
At 31 December 2008
Cost 4,378,140 5,303,984 20,010,407 445,842 1,242,913 2,572,851 1,867,981 35,822,118
Accumulated depreciation - (1,484,698) - (192,523) (594,381) (1,454,717) (874,535) (4,600,854)
Net book amount 4,378,140 3,819,286 20,010,407 253,319 648,532 1,118,134 993,446 31,221,264
Million Riel equivalent (unaudited) 17,867 15,587 81,662 1,034 2,647 4,563 4,054 127,414
42
Annual Report 2008