Page 138 - Annual Report 2022

Banka Kombëtare Tregtare Annual Report 2022 76

Banka Kombëtare Tregtare Sh.a.
Notes to the Consolidated Financial Statements for the year ended
31 December 2022 (Amounts in USD, unless otherwise stated)

13. Property and equipment
Property and equipment as at 31 December 2022 and 31 December 2021 are composed as follows:

Land, buildings Computers
and leasehold Vehicles and and electronic Office
improvements other equipment equipment equipment Total
Gross value
At 1 January 2021 53,114,322 8,572,018 33,048,551 3,058,868 97,793,759
Additions 1,528,731 634,094 5,080,709 347,588 7,591,122
Disposals / transfers - (36,118) (1,568,725) (50,634) (1,655,477)
Translation difference (3,311,755) (511,017) (1,945,650) (179,443) (5,947,865)
At 31 December 2021 51,331,298 8,658,977 34,614,885 3,176,379 97,781,539

Additions 3,337,948 234,948 6,271,938 14,914 9,859,748
Disposals / transfers (10,485,699) (291,166) (4,505,303) (6,478) (15,288,646)
Translation difference (1,286,145) (172,069) (572,597) (51,618) (2,082,429)
At 31 December 2022 42,897,402 8,430,690 35,808,923 3,133,197 90,270,212

Accumulated depreciation
At 1 January 2021 (18,687,071) (6,369,830) (22,398,526) (2,682,507) (50,137,934)
Charge for the year (1,038,518) (879,735) (2,606,855) (192,864) (4,717,972)
Disposals / write offs - 36,118 654,162 50,634 740,914
Translation difference 1,107,649 403,273 1,398,571 163,355 3,072,848
At 31 December 2021 (18,617,940) (6,810,174) (22,952,648) (2,661,382) (51,042,144)

Charge for the year (792,425) (751,368) (2,246,733) (164,529) (3,955,055)
Disposals / write offs 6,043,859 274,723 45,647 5,722 6,369,951
Translation difference 227,440 83,694 270,175 36,527 617,836
At 31 December 2022 (13,139,066) (7,203,125) (24,883,559) (2,783,662) (48,009,412)

Net book value
At 1 January 2021 34,427,251 2,202,188 10,650,025 376,361 47,655,825
At 31 December 2021 32,713,358 1,848,803 11,662,237 514,997 46,739,395
At 31 December 2022 29,758,336 1,227,565 10,925,364 349,535 42,260,800

As at 31 December 2022 the gross value of the assets which were fully depreciated and still in use was USD 36,353,433 (2021:
USD 35,457,579).