NOTE 5 - PROPERTY AND EQUIPMENT

6 Months Ended

Jun. 30, 2022

Property, Plant and Equipment [Abstract]

NOTE 5 - PROPERTY AND EQUIPMENT

NOTE 5 - PROPERTY AND EQUIPMENT

As of June 30, 2022 and December 31, 2021, property and equipment consisted of the following:

	Motor Vehicles			Computer Equipment			Office Equipment			Total
Cost
At December 31, 2021	$	63,576		$	31,500		$	629		$	95,705
Additions		—			—			—			—
Effects of currency translation		(6,353	)		(3,149	)		(63	)		(9,565	)
At June 30, 2022	$	57,223		$	28,351		$	566		$	86,140
Less accumulated depreciation
At December 31, 2021	$	14,092		$	11,710		$	283		$	26,085
Depreciation expense		3,044			4,725			57			7,826
Effects of currency translation		(1,407	)		(1,170	)		(29	)		(2,606	)
At June 30, 2022	$	15,729		$	15,265		$	311		$	31,305
Net book value
At June 30, 2022	$	41,494		$	13,086		$	255		$	54,835
At December 31, 2021	$	49,484		$	19,790		$	346		$	69,620

During the six months ended June 30, 2022 and 2021, the Company recorded purchases of $0 and $1,330, respectively and depreciation expense of $7,826 and $5,746, respectively. There was no impairment, or disposals of property and equipment.