The Alkaline Water Company, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT

9 Months Ended

Dec. 31, 2014

NOTE 3 – PROPERTY AND EQUIPMENT

Fixed assets consisted of the following at:

		December			March
		31, 2014			31, 2014
Machinery and Equipment	$	823,237		$	273,597
Machinery under Capital Lease		398,828			-
Office Equipment		54,612			53,631
Leasehold Improvements		13,119			3,979
Less: Accumulated Depreciation		(152,021	)		(44,221	)
Fixed Assets, net	$	1,137,775		$	286,986

Depreciation expense for the periods ended December 31, 2014 and 2013 was $107,801 and $25,872, respectively.

- 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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