Byrna Technologies Inc. General form of registration statement for all companies including face-amount certificate companies

General form of registration statement for all companies including face-amount certificate companies

PLANT AND EQUIPMENT

PLANT AND EQUIPMENT

3 Months Ended

12 Months Ended

Feb. 28, 2013

Nov. 30, 2012

4.	PLANT AND EQUIPMENT

	Plant and equipment are recorded at cost less accumulated depreciation. Depreciation is provided commencing in the month following acquisition using the following annual rate and method:

Computer equipment	30%	declining balance method
Furniture and Fixtures	30%	declining balance method
Leasehold Improvements Moulds	20%	straight line over period of lease straight line over 5 years

	February 28, 2013			November 30, 2012
			Accumulated			Accumulated
	Cost		Amortization	Cost		Amortization
	$		$	$		$

Computer equipment	37,573		29,241	37,573		28,565
Furniture and fixtures	18,027		12,713	18,027		12,282
Leasehold Improvements	8,252		8,252	8,252		8,252
Moulds	142,140		18,952	142,140		11,845
	205,992		69,158	205,992		60,944

Net carrying amount		$	136,834		$	145,048

Amortization expense		$	8,214 (3 months)			20,585 (12 months)

9.	PLANT AND EQUIPMENT

Plant and equipment are recorded at cost less accumulated depreciation.

		Nov 30, 2012		Nov 30, 2011
			Accumulated			Accumulated
		Cost	Amortization	Cost		Amortization
		$	$	$		$
Computer equipment		37,573	28,565	35,211		24,873
Furniture and fixtures		18,027	12,282	15,310		10,985
Leasehold Improvements		8,252	8,252	8,252		4,501
Moulds		142,140
			11,845
		205,992	60,944	58,773		40,359

Net carrying amount	$		145,048		$	18,414
Amortization expense	$		20,585		$	10,786

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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