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, 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

	February 28, 2014			November 30, 2013
			Accumulated			Accumulated
	Cost		Amortization	Cost		Amortization
	$		$	$		$
Computer equipment	37,573		31,740	37,573		31,267
Furniture and fixtures	18,027		14,308	18,027		14,006
Leasehold Improvements	23,721		10,830	23,721		10,057
Moulds	171,890		52,338	171,890		43,744
	251,211		109,216	251,211		99,074

Net carrying amount		$	141,995		$	152,137

Depreciation expense		$	10,142 (3 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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