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In the statement, the fixed assets appear in gross value or net value, and how it is calculated? a. Gross value b. Net value, book
In the statement, the fixed assets appear in gross value or net value, and how it is calculated?
a. Gross value
b. Net value, book value minus accumulated depreciation
c. Accumulated depreciation value
d. Book value plus depreciation expense
Notes to Consolidated Financial Statements For the 52-week periods ended February 1, 2020 and February 2, 2019 (In thousands of Canadian dollars, except share and per share amounts) 6. Fixed assets Computer hardware Furniture and fixtures Computer software Leasehold improvements Finance leases Equipment Total Cost $ $ $ $ $ $ 1,112 $ Balance, February 3, 2018 Additions Disposals/adjustments 1,114 527 (30) 4230 1.464 (428) 1.122 7,987 8,969 4,947 32,871 22,770 (3.208) 49,418 37.895 (3.688) 1.611 5.266 9.109 13,916 52,433 Balance, February 2, 2019 IFRS 18 transition adjustments (Note 2) Balance. February 3, 2019 1,112 (1.112) 83.447 (1.112) $ 1.811 $ 5.266 $ 9.109 $ 13,916 $ 52,433 $ $ 82.335 1,873 4,094 101 (10) 601 (56) Additions Disposals/adjustments Balance February 1, 2020 15,651 (1,320) 22, 320 (1.386) S 1,702 $ 5.811 $10.982 $ 18,010 $ 68.784 $ $ 103.269 Accumulated depreciation and impairment losses Balance, February 3, 2018 Depreciation Disposals/adjustments Fixed asset impairment GA $ $ $ $ $ $ 291 230 (30) 712 835 (428) 161 128 2,585 1,295 212 106 8,478 6,548 (3,208) 1,375 12.437 9.138 (3.888) 1.376 491 1.119 287 3,880 Balance, February 2, 2010 IFRS 16 transition adjustments (Note 2) 13,189 318 (318) 19.284 (318) Balance. February 3, 2019 $ 491 $ 1,119 $ 287 $ 3,880 $ 13.189 $ $ 18.286 873 1,841 195 (10) 846 (56) Depreciation Disposals/adjustments Fixed asset impairment Balance. February 1, 2020 7.257 (1.320) 19,183 10.812 (1,388) 19.183 $ 878 $ 1,902 $ 960 S 5,721 $ 38,309 47,575 Carrying amount $ $ $ $ $ 794 $ February 2, 2019 February 1, 2020 1,120 1,026 4.147 3,902 8,822 10.022 $ 10,036 12,289 39,244 28,455 84.163 55.894Step by Step Solution
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