Asset Holding as at December 31, 2014 Land and Buildings Motor Vehicle/Craft Computer Equipment Office Equipment Containers/Scanner Office Furniture
ANNUAL REPORT & STATEMENT OF ACCOUNTS 72 Note 2. Fixed Assets (contd) The following table sets out GRA’s Fixed Asset position as at December 31, 2014: Land and Buildings Motor Vehicle / Craft Computer Equipment Office Equipment Containers Scanner Office Furniture WIP Total Cost/Valuation as at Jan. 1, 2014 778,177,585 310,512,846 839,257,093 307,007,191 212,134,217 122,554,369 - 2,569,643,301 Additions GRA 45,229,323 * 3,733,000 273,806,272 8,608,640 - 4,316,038 - 335,693,273 FFMP - - - - - - MCA - - - - - - Min. of Tourism - - - - - - Printer Written Off as Loss Disposal/Trans. - - - - - - Total 823,406,908 314,245,846 1,113,063,365 315,615,831 212,134,217 126,870,407 - 2,905,336,574 Cost/Valuation as at Dec. 31, 2014 823,406,908 314,245,846 1,113,063,365 315,615,831 212,134,217 126,870,407 - 2,905,336,574 Note 3. Inventories The stocks held by the Authority at the end of the reporting period areas shown below: Stock Item 2014 2013 Office Materials & Supplies 11,360,204 9,125,785 Janitorial Supplies 409,162 - Preprinted Forms 31,019,858 7,645,805 Total 42,789,224 16,771,590
ANNUAL REPORT & STATEMENT OF ACCOUNTS 73 Note 4. Cash in Hand This represents the Standing Imprest held by the Revenue Authority, as well as foreign currency float held at Travel Tax Ticket booth at the Cheddi Jagan International Airport, Timehri. In the year 2014 the two (2) Imprest Accounts (Customs and Trade Administration and Internal Revenue) were amalgamated, resulting in one (1) Imprest Account totalling M. This is set out below: Note 5. Cash at Bank This represents amount held at Bank of Guyana and floats at Point of Sale accounts at Republic Bank Limited. Details are set out in the Table below Note 6. Government of Guyana Contribution The Accumulated Fund for the Authority on its formation represented the values of Fixed Assets transferred from the Inland Revenue and Customs & Excise Departments. Subsequent to this, all capital items procured through Government of Guyana Contributions and grants have been included in this figure for the respective years. The table overleaf sets out the movement in the Fund for the year ended 31 st December, 2014.
