Annual Report 2014

City of Surrey

Notes to the Consolidated Financial Statements For the year ended December 31, 2014 [tabular amounts in thousands of dollars]

6. Accounts payable and accrued liabilities

2014

2013

$ 62,346

Trade accounts payable

$ 58,127

29,575 24,520

Due to Federal Government

26,392 23,881

Employee future benefits (note 11)

3,140

Due to joint venture partners

4,940

15,811

Contractors’ holdbacks

28,536

9,695 5,386 1,852 2,009

Due to Regional Districts

9,115 5,673 1,915 2,015

Due to Province of British Columbia

Due to other government entities

Interest on debt

$ 154,334

$ 160,594

7. Deposits and prepayments

2014

2013

Deposits:

$ 37,687

Future works

$ 34,903

42,901 33,673

Planning and permits

39,774 28,442

Engineering

7,753 3,535 2,669

Capital deposits

3,742 4,127 2,690

Pavement cuts

Boulevard trees

763 397

Latecomer

680 542

Tenant deposits

2,790

Other deposits

3,119

95

Developer works agreement

640 263

288

Amenities

Total Deposits

$ 132,551

$ 118,922

Prepayments: Taxes

$ 34,676

$ 32,192

1,813 1,449

Utilities

1,950

Tax sale private purchase payment

813

35

Other prepayments

1

37,973

Total Prepayments

34,956

$ 170,524

Total Deposits and Prepayments

$ 153,878

20