FOREIGN TRADE BANK OF LATIN AMERICA, INC. | CIK:0000890541 |

A breakdown of cost, accumulated depreciation, additions and disposals for property and equipment is as follows:

 

		IT equipment			Furniture  and fixtures			Leasehold improvement			Other equipment			Total
Cost:
Balance as of January 1, 2015			3,136			2,147			7,458			460			13,201
Additions			368			30			179			38			615
Disposals			(138)			(175)			(225)			(41)			(579)
Balance as of December 31, 2015			3,366			2,002			7,412			457			13,237
Additions			1,436			2,137			239			161			3,973
Disposals			(416)			(361)			(880)			-			(1,657)
Balance as of December 31, 2016			4,386			3,778			6,771			618			15,553
Additions			246			461			39			1,908			2,654
Disposals			(462)			(2,255)			-			(21)			(2,738)
Balance as of December 31, 2017			4,170			1,984			6,810			2,505			15,469
Accumulated depreciation:
Balance as of January 1, 2015			2,397			1,339			2,202			302			6,240
Depreciation expense of the year			388			322			556			105			1,371
Disposals			(114)			(170)			(222)			(41)			(547)
Balance as of December 31, 2015			2,671			1,491			2,536			366			7,064
Depreciation expense of the year			483			384			513			77			1,457
Disposals			(412)			(230)			(875)			-			(1,517)
Balance as of December 31, 2016			2,742			1,645			2,174			443			7,004
Depreciation expense of the year			587			149			474			368			1,578
Disposals			(459)			(54)			-			(20)			(533)
Balance as of December 31, 2017			2,870			1,740			2,648			791			8,049
Carrying amounts as of:
December 31, 2017			1,300			244			4,162			1,714			7,420
December 31, 2016			1,644			2,133			4,597			175			8,549
December 31, 2015			695			511			4,876			91			6,173