EGBC_AnnualReport_2023-2024

The Association of Professional Engineers and Geoscientists of the Province of British Columbia Notes to Non-consolidated Financial Statements June 30, 2024

6 Intangible assets

2024

2023

Accumulated amortization $

Cost $

Net $

Net $

Internally generated software

1,670,930

1,178,056

492,874

442,733

7 Property and equipment

2024

2023

Accumulated amortization $

Cost $

Net $

Net $

Land

874,011 3,251,166 607,799 327,624

-

874,011 108,301 288,426 15,025

874,011 216,604 244,975 25,718

Building Computer

3,142,865 319,373 312,599

Electronic equipment Furniture, fixtures and

office improvements

2,257,738

1,569,030

688,708

825,290

7,318,338

5,343,867

1,974,471

2,186,598

8 Deferred contributions and other deferred revenue

Other deferred revenue $

External grants $

Total $

Deferred contributions and other deferred revenue – Beginning of year

1,006,299

426,805

1,433,104

Amounts received

1,197,045 (2,070,097)

192,866 (104,988)

1,389,911 (2,175,085)

Amounts recognized as revenue

Deferred contributions and other deferred revenue – End of year

133,247

514,683

647,930

(5)