Property and Equipment

3 Months Ended

Mar. 31, 2023

Property And Equipment

Property and Equipment

5. Property and Equipment

	Right-of-use asset			Leasehold improvements			Other Equipment			Motor Vehicles			Furniture			Total
Cost
As at December 31, 2021	$	53,143		$	138,450		$	2,102		$	140,365		$	9,685		$	343,745
Additions		-			42,699			289,640			332,528			32,061			696,928
Disposals		-			-			-			(64,588	)		-			(64,588	)
Currency translation adjustment		(5,293	)		(2,890	)		(31,002	)		(37,147	)		(2,147	)		(78,479	)
Impact of hyperinflation		2,599			8,103			72,597			87,626			5,318			176,243
As at December 31, 2022		50,449			186,362			333,337			458,784			44,917			1,073,849
Additions		236,201			15,552			13,532			6,091			12,169			283,545
Disposals		-			-			-			-			-			-
Currency translation adjustment		(5,032	)		(642	)		(3,834	)		(4,498	)		(401	)		(14,407	)
Impact of hyperinflation		64,401			520			(26,202	)		(81,486	)		48,168			5,401
As at March 31, 2023	$	346,019		$	201,792		$	316,833		$	378,891		$	104,853		$	1,348,387
Accumulated depreciation
As at December 31, 2021	$	35,758		$	115,109		$	1,922		$	41,377		$	2,445		$	196,611
Depreciation		4,549			12,324			47,423			74,622			6,117			145,035
Impact of hyperinflation		(140	)		(438	)		(3,923	)		(4,735	)		(288	)		(9,524	)
As at December 31, 2022		40,167			126,995			45,422			111,264			8,274			332,122
Depreciation		10,141			10,793			66,625			78,882			7,398			173,839
As at March 31, 2023	$	50,308		$	137,788		$	112,047		$	190,146		$	15,671		$	505,960
Net Book Value
As at December 31, 2022	$	10,282		$	59,367		$	287,915		$	347,520		$	36,643		$	741,727
As at March 31, 2023	$	295,711		$	64,004		$	204,786		$	188,745		$	89,182		$	842,426

TRILLION ENERGY INTERNATIONAL INC.

Notes to the Condensed Consolidated Interim Financial Statements

For the three months ended March 31, 2023 and 2022

(Expressed in U.S. dollars)

(Unaudited)