2018 Annual Financial Report

SCHEDULE 1 UNAUDITED STATEMENT OF FINANCIAL POSITION - BY FUND SURREY PUBLIC LIBRARY

As at December 31, 2018, with comparative figures for 2017

Operating Fund

Capital Fund

2017

2018

FINANCIAL ASSETS Due from the City of Surrey

$ 2,217,636

$

- -

$ 2,109,550

$ 2,217,636

2,217,636

2,109,550

2,217,636

LIABILITIES Employee future benefits

2,227,500

- - - -

2,151,405

2,227,500

Deferred revenue

80,414

42,940

80,414

2,307,914

2,194,345

2,307,914

Net Debt

(90,278)

(84,795)

(90,278)

NON-FINANCIAL ASSETS Tangible capital assets

-

5,387,966

5,452,898

5,387,966

Prepaid expenses

120,177 120,177

-

84,744

120,177

5,387,966

5,537,642

5,508,143

ANNUAL SURPLUS

$ 29,899

$ 5,387,966

$ 5,452,847

$ 5,417,865

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