2012 Financial Statements - Workers' Compensation Board

($ thousands) . 2012 2011
Cost
Balance, beginning of period
Current period activity:
Capitalized expenditure
Transfer from PPE under construction
Disposals
PPE under construction
Balance, end of period
Land/
Buildings
$ 47,932
3,586
(2,294)
-
2,330
$ 51,554
Accumulated depreciation and impairment
Leasehold
Improvements
$ 1,636
-
-
-
51
$ 1,687
Computer
Equipment
$ 12,881
5,399
(2,825)
(1,678)
235
$ 14,012
Office Furniture/
Equipment
$ 17,088
2,339
(2,330)
(69)
330
$ 17,358
Vehicles/
Other
$ 725
51
(25)
-
-
$ 751
Total
$ 80,262
11,375
(7,474)
(1,747)
2,946
$ 85,362
Total
$ 73,485
10,704
(8,882)
(2,520)
7,475
$ 80,262
Balance, beginning of period
Current period activity:
Depreciation
Disposals
Balance, end of period
Carrying value, beginning of period
Carrying value, end of period
$ 17,984
1,177
-
$ 19,161
$ 29,948
$ 32,393
$ 944
68
-
$ 1,012
$ 692
$ 675
$ 5,640
3,262
(1,678)
$ 7,224
$ 7,241
$ 6,788
$ 8,424
1,303
(69)
$ 9,658
$ 8,664
$ 7,700
$ 200
146
-
$ 346
$ 525
$ 405
$ 33,192
5,956
(1,747)
$ 37,401
$ 47,070
$ 47,961
$ 30,960
4,752
(2,520)
$ 33,192
$ 42,525
$ 47,070
Property, plant and equipment under finance leases
Included in property, plant and equipment is computer equipment acquired through finance leases at cost
of $6,683 (2011 – $6,711), accumulated depreciation of $2,803 (2011 – $1,977), and carrying value of $3,881
(2011 – $4,734).
See Note 9 Lease and Other Commitments for accounting policy and further details on leased property, plant
and equipment.
2012 FINANCIAL STATEMENTS and notes 59