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121,948,268 21,507,619 (827,978) 142,627,909 109,383,091 14,703,152 (1,425,941) (556,893) (155,143) 121,948,266 50,123,794 9,499,180 (671,785) 58,951,189 43,482,708 7,774,591 (1,133,505) 50,123,794 83,676,722 71,824,472
Total - - Total
Capital Work-in - progress 3,216,721 2,680,626 - (620,843) 5,276,504 5,388,964 655,470 (129,535) (1,986,142) (556,893) (155,143) 3,216,721 Capital work-in - progress - - - - - - - - 5,276,504 3,216,722
Motor vehicles 9,694,750 3,619,689 (208,597) 541 13,106,383 8,644,919 1,477,917 (428,086) - - - 9,694,750 Motor vehicles 6,165,759 1,471,732 (181,945) 7,455,546 5,522,848 1,019,297 (376,386) 6,165,759 5,650,837 3,528,992
Furniture & fittings 30,775,870 11,715,864 (333,908) 3,055 42,145,881 26,748,469 4,490,233 (492,138) 29,306 - - 30,775,870 Furniture & fittings 21,259,586 4,455,043 (344,195) 25,370,434 18,767,401 2,981,425 (489,240) 21,259,586 16,775,447 9,516,285
Computer hardware 20,614,356 574,556 (125,822) 184 21,053,274 15,863,065 5,008,811 (257,520) - - - 20,614,356 Computer hardware 12,997,503 2,578,761 (130,893) 15,445,371 10,985,168 2,269,674 (257,339) 12,997,503 5,607,903 7,616,853 (b) Estimates of useful life and residual value, and the method of depreciation, are reviewed at a minimum at each reporting year. Any changes are accounte
Leasehold Land 9,742,073 - - - 9,742,073 7,818,982 1,923,091 - - - - 9,742,073 Leasehold Land - - - - - - - - 9,742,073 9,742,074 (a) The amount of contractual commitments for the acquisition of property and equipment as at 31 December 2017 is N322.2Mn (31 Dec 2016: N365Mn)
Leasehold improvement and building 47,904,498 2,916,884 (159,651) 617,063 51,303,794 44,918,694 1,147,630 (118,662) 1,956,836 - - 47,904,498 Leasehold improvement and buildings 9,700,946 993,644 (14,752) 10,679,838 8,207,291 1,504,195 (10,540) 9,700,946 40,623,955 38,203,546
(ii) Property and equipment Balance at 31 December 2017 Balance at 31 December 2016 Depreciation and impairment losses Balance at 1 January 2017 Balance at 31 December 2017 Balance at 31 December 2016 Balance at 31 December 2017 Balance at 31 December 2016
28. Bank In thousands of Naira Cost Balance at 1 January 2017 Acquisitions Disposals Transfers Balance at 1 January 2016 Acquisitions Disposals Transfers Reclassifications Write-Offs Charge for the year Disposal Balance at 1 January 2016 Charge for the year Disposal Carrying amounts:
Access BAnk Plc 317
Annual Report & Accounts 2017
