2018 Annual Financial Report

CONSOLIDATED STATEMENT OF FINANCIAL POSITION  CITY OF SURREY

As at December 31, 2018, with comparative figures for 2017 [in thousands of dollars]

2017

2018

FINANCIAL ASSETS Cash and cash equivalents Accounts receivable (Note 2)

$

77,809

$

228,057 156,647 726,855

142,276 808,196

Investments (Note 3)

1,028,281

1,111,559

LIABILITIES Accounts payable and accrued liabilities (Note 4)

169,124 277,648

181,128 316,662

Deposits and prepayments (Note 5)

Deferred revenue (Note 6)

36,957

44,290

Deferred development cost charges (Note 7)

254,294 267,219

277,681 229,024

Debt (Note 8)

1,005,242

1,048,785

NET FINANCIAL ASSETS

23,039

62,774

NON-FINANCIAL ASSETS Tangible capital assets (Note 10)

8,635,809

8,982,600

Inventories of supplies

929

760

Prepaid expenses

4,375

4,197

8,641,113 8,664,152

8,987,557

ACCUMULATED SURPLUS (Note 11)

$

$

9,050,331

Commitments and contingencies (Note 12)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Kam Grewal, CPA, CMA General Manager Finance Department

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

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