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6. PROPERTY, PLANT & EQUIPMENT
 6 Months Ended
Jun. 30, 2016
Notes to Financial Statements  
6. PROPERTY, PLANT & EQUIPMENT

6.            Property, Plant & equipment

 

    June 30, 2016     Accumulated     June 30, 2016  
    Cost     Depreciation     Net  
Buildings   $ 4,825,143     $ 2,891,463     $ 1,933,680  
Computer hardware     91,398       86,835       4,563  
Furniture and fixtures     33,022       22,689       10,333  
Office equipment     18,445       17,326       1,119  
Manufacturing equipment     5,330,166       4,044,918       1,285,248  
Trailer     13,366       12,598       768  
Boat     34,400       6,536       27,864  
Leasehold Improvements     75,432       7,543       67,889  
Technology     105,764       95,188       10,576  
Land     414,351       -       414,351  
    $ 10,941,487     $ 7,185,096     $ 3,756,391  

  

    December 31, 2015     Accumulated     December 31, 2015  
    Cost     Depreciation     Net  
Buildings   $ 4,766,282     $ 2,774,306     $ 1,991,976  
Computer hardware     88,026       82,811       5,215  
Furniture and fixtures     29,147       20,774       8,373  
Office equipment     17,214       16,054       1,160  
Manufacturing equipment     5,074,079       3,770,819       1,303,260  
Trailer     12,474       11,630       844  
Boat     34,400       3,440       30,960  
Leasehold Improvements     29,604       —       29,604  
Technology     98,701       78,961       19,740  
Land     399,977       —       399,977  
    $ 10,549,904     $ 6,758,795     $ 3,791,109  

 

Amount of depreciation expense for the six months ended June 30, 2016: $261,072 (2015: $276,975) and is included in cost of sales in the unaudited interim condensed consolidated statements of comprehensive income (loss).