2017 Annual Report

60 City of Chilliwack 2017 Annual Report City of Chilliwack Notes to Consolidated Financial Statements Year Ended December 31, 2017 8 Tangible capital assets (continued): Opening 2017 Ending NBV NBV Accum. Amort. Amortization Disposals Accum. Amort 2017 2016 General Land - $ - $ 130,515,989 $ 129,935,475 $ Buildings 41,519,041 3,844,355 (41,667) 45,321,729 78,316,956 75,637,292 Equipment 19,187,791 2,000,882 (817,543) 20,371,130 15,771,208 13,733,323 Engineering Structures 140,930,361 6,921,044 (326,434) 147,524,971 201,108,173 184,650,277 Under Construction - - 10,095,244 11,965,563 201,637,193 12,766,281 (1,185,644) 213,217,830 435,807,570 415,921,930 Water Land - - 2,026,328 2,026,328 Buildings 83,427 12,835 96,262 160,432 173,267 Equipment 526,555 62,478 (16,514) 572,519 831,069 545,268 Engineering Structures 58,107,650 2,934,283 (70,696) 60,971,237 126,942,722 126,677,759 Under Construction - - 1,104,121 1,147,868 58,717,632 3,009,596 (87,210) 61,640,018 131,064,672 130,570,490 Sewer Land - - 1,643,155 1,643,155 Equipment 1,025,955 134,050 (153,650) 1,006,355 1,488,609 1,345,810 Engineering Structures 80,887,249 4,181,497 (287,685) 84,781,061 155,702,658 156,664,621 Under Construction - - 2,603,862 476,170 81,913,204 4,315,547 (441,335) 85,787,416 161,438,284 160,129,756 CEPCO Land - - 196,196 196,196 Buildings 1,322,106 223,440 1,545,546 3,950,847 4,165,694 Equipment 306,791 17,250 324,041 53,458 57,152 1,628,897 240,690 - 1,869,587 4,200,501 4,419,042 Tourism Chilliwack Goodwill - - 6,120 6,120 Buildings 109,158 3,330 112,488 9,764 9,854 Equipment 149,025 13,563 162,588 31,228 29,602 258,183 16,893 - 275,076 47,112 45,576 344,155,109 $ 20,349,007 $ (1,714,189) $ 362,789,927 $ 732,558,139 $ 711,086,794 $ The fair value of tangible capital assets contributed to the City during the year is as follows: 2017 2016 Roads 2,886,879 $ 1,041,436 $ Water 1,072,939 516,117 Sewer 935,516 279,752 Drainage 1,330,491 723,209 Other 362,085 161,600 6,587,910 $ 2,722,114 $ City of Chilliwack Financial Statements