Quarterly report pursuant to Section 13 or 15(d)

5. Property, plant and equipment

v3.21.2
5. Property, plant and equipment
9 Months Ended
Sep. 30, 2021
Property, Plant and Equipment [Abstract]  
5. Property, plant and equipment

5. Property, plant and equipment

                                 
    September 30, 2021   December 31, 2020
    Cost   Accumulated depreciation  

Net book

value

 

Net book

value

                 
Leasehold improvements   $ 63,436     $ (33,484 )   $ 29,952     $ 39,707  
Computer and office equipment     1,016,822       (776,040 )     240,782       247,572  
Fixtures and fittings     289,679       (243,407 )     46,272       54,465  
Vehicles     101,148       (52,126 )     49,022       63,382  
Computer software     227,216       (148,636 )     78,580       84,465  
    $ 1,698,301     $ (1,253,693 )   $ 444,608     $ 489,591  

 

The aggregate depreciation charge to operations was $162,594 and $173,983 for the nine months ended September 30, 2021 and 2020, respectively. The depreciation policies followed by the Company are described in Note 2.