149 / 174
135
ECCB ANNUAL REPORT 2016/2017
EASTERN CARIBBEAN CENTRAL BANK
NOTES TO THE FINANCIAL STATEMENTS
(expressed in Eastern Caribbean dollars)
March 31, 2017
Eastern Caribbean Central Bank
Notes to the Financial Statements
March 31, 2017
(expressed in Eastern Caribbean dollars)
14. Intangible assets
Computer software
$
Cost
Balance at April 1, 2015
16,092,144
Additions
201,039
Balance at March 31, 2016
16,293,183
Balance at April 1, 2016
16,293,183
Additions
881,061
Balance at March 31, 2017
17,174,244
Accumulated amortisation
Balance at April 1, 2015
11,800,969
Amortisation
2,032,661
Balance at March 31, 2016
13,833,630
Balance at April 1, 2016
13,833,630
Amortisation
1,531,044
Balance at March 31, 2017
15,364,674
Net book value
At April 1, 2015
4,291,175
At March 31, 2016
2,459,553
At March 31, 2017
1,809,570