Annual Report 2014

City of Surrey Consolidated Statement of Financial Position

As at December 31, 2014, with comparative figures for 2013 [in thousands of dollars]

2014

2013

(recast - note 2)

FINANCIAL ASSETS Cash and cash equivalents Accounts receivable (note 3) Properties held-for-sale (note 4)

$ 55,135

$ 70,402

144,673

139,246

31,115

15,237

582,457

674,126

Investments (note 5)

813,380

899,011

LIABILITIES Accounts payable & accrued liabilities (note 6)

154,334 170,524

160,594 153,878

Deposits and prepayments (note 7)

26,443

Deferred revenue (note 8)

26,762

229,595 241,976

Deferred development cost charges (note 9)

225,407 245,579

Debt (note 10)

822,872

812,220

NET FINANCIAL ASSETS (DEBT)

(9,492)

86,791

NON-FINANCIAL ASSETS Tangible capital assets (note 12)

7,988,160

7,703,720

1,011 3,962

Inventories of supplies

1,010 3,299

Prepaid expenses

7,993,133

7,708,029

ACCUMULATED SURPLUS (note 13)

$ 7,983,641

$ 7,794,820

Commitments and contingencies (note 14)

Vivienne Wilke, CGA General Manager Finance & Technology Department

Linda Hepner Mayor, City of Surrey

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

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