Annual Report 2014

Statement of Financial Position Surrey Public Library

As at December 31, 2014, with comparative figures for 2013

2014

2013

FINANCIAL ASSETS Due from the City of Surrey (note 2)

$ 1,689,350

$

1,609,436

1,689,350

1,609,436

FINANCIAL LIABILITIES Employee future benefits (note 3)

1,732,277

1,620,610

83,831

93,698

Deferred revenue (note 4)

1,816,108

1,714,308

NET DEBT

(126,758)

(104,872)

NON-FINANCIAL ASSETS

5,672,972

Tangible capital assets (note 5)

5,834,739

33,758

Prepaid expenses

34,665

5,706,730

5,869,404

ACCUMULATED SURPLUS (note 7)

$ 5,579,972

$

5,764,532

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Melanie Houlden Chief Librarian

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Linda Stromberg Chairperson

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

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