Byrna Technologies Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

PLANT AND EQUIPMENT

PLANT AND EQUIPMENT

6 Months Ended

May 31, 2014

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		straight line over period of lease
Moulds	20%	straight line over 5 years

	May 31, 2014				November 30, 2013
			Accumulated			Accumulated
	Cost		Amortization		Cost	Amortization
	$		$		$	$
Computer equipment	37,573		32,213		37,573	31,267
Furniture and fixtures	18,027		14,609		18,027	14,006
Leasehold Improvements	23,721		11,604		23,721	10,057
Moulds	209,515		62,187		171,890	43,744
	288,836		120,613		251,211	99,074

Net carrying amount		$	168,223	$		152,137

Depreciation expense		$	21,539 (6 months)			38,130 (12 months)

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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