2017 Finance Annual Report

CONSOLIDATED STATEMENT OF FINANCIAL POSITION  CITY OF SURREY

As at December 31, 2017, with comparative figures for 2016 [in thousands of dollars]

2016

2017

FINANCIAL ASSETS Cash Accounts receivable (Note 2)

$

32,794

$

27,809

120,753 826,195 979,742

142,276 858,196

Investments (Note 3)

1,028,281

LIABILITIES Accounts payable and accrued liabilities (Note 4)

153,334 240,887

169,124 277,648

Deposits and prepayments (Note 5)

Deferred revenue (Note 6)

35,314

36,957

Deferred development cost charges (Note 7)

266,968 224,562 921,065

254,294 267,219

Debt (Note 8)

1,005,242

NET FINANCIAL ASSETS

58,677

23,039

NON-FINANCIAL ASSETS Tangible capital assets (Note 10)

8,312,963

8,635,809

Inventories of supplies

880

929

Prepaid expenses

4,517

4,375

8,318,360 8,377,037

8,641,113

ACCUMULATED SURPLUS (Note 11)

$

$

8,664,152

Commitments and contingencies (Note 12)

Kam Grewal General Manager Finance Department

Linda Hepner Mayor, City of Surrey

To be read in conjunction with the Notes to the Consolidated Financial Statements

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