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

3 Months Ended

Feb. 28, 2015

3.	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

		February 28, 2015			November 30, 2014
			Accumulated			Accumulated
		Cost	Amortization		Cost	Amortization
		$	$		$	$
Computer equipment		37,573	33,490		37,573	33,159
Furniture and fixtures		18,027	15,423		18,027	15,212
Leasehold Improvements		23,721	13,924		23,721	13,151
Moulds		209,515	93,614		209,515	83,138
		288,836	156,451		288,836	144,660

Net carrying amount	$		132,385	$		144,176

Depreciation expense	$		11,791 (3 months)			45,586 (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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