The Company’s equipment have been fully depreciated and are still in use.
Plant & Equipment | Furniture & Equipment | Computer Hardware |
Asset Under Capital Lease |
Total | ||||||||||||||||
COST OR DEEMED COST | ||||||||||||||||||||
Balance at 01 January 2016 | $ | 18,712 | $ | 46,164 | $ | 71,945 | $ | 38,833 | $ | 175,654 | ||||||||||
Additions | - | - | - | - | - | |||||||||||||||
Balance at 31 December 2016 | $ | 18,712 | $ | 46,164 | $ | 71,945 | $ | 38,833 | $ | 175,654 | ||||||||||
Balance at 01 January 2017 | $ | 18,712 | $ | 46,164 | $ | 71,945 | $ | 38,833 | $ | 175,654 | ||||||||||
Additions | - | - | - | - | - | |||||||||||||||
Balance at 31 December 2017 | $ | 18,712 | $ | 46,164 | $ | 71,945 | $ | 38,833 | $ | 175,654 | ||||||||||
DEPRECIATION | ||||||||||||||||||||
Balance at 01 January 2016 | $ | 18,102 | $ | 46,164 | $ | 71,945 | $ | 38,833 | $ | 175,044 | ||||||||||
Depreciation for the period | 610 | - | - | - | 610 | |||||||||||||||
Balance at 31 December 2016 | $ | 18,712 | 46,164 | 71,945 | 38,833 | 175,654 | ||||||||||||||
Balance at 01 January 2017 | $ | 18,102 | $ | 46,164 | $ | 71,945 | $ | 38,833 | $ | 175,044 | ||||||||||
Depreciation for the period | - | - | - | - | - | |||||||||||||||
Balance at 31 December 2017 | $ | 18,102 | $ | 46,164 | $ | 71,945 | $ | 38,833 | $ | 175,044 | ||||||||||
CARRYING AMOUNTS | ||||||||||||||||||||
At 31 December 2016 | $ | - | - | - | - | - | ||||||||||||||
At 31 December 2017 | $ | - | - | - | - | - |