City of Surrey 2016 Annual Report

STATEMENT OF SURREY PUBLIC LIBRARY  CASH FLOWS

For the year ended December 31, 2016, with comparative figures for 2015

2015

2016

CASH PROVIDED BY (USED IN): OPERATIONAL ACTIVITY Annual Deficit

$

(209,592)

$

(121,955)

Items not involving cash Amortization expense

2,033,099

1,989,013

Employee future benefits expense (Note 3) Change in non-cash assets and liabilities Decrease(Increase) in prepaid expenses Increase(Decrease) in deferred revenue Increase in Due from the City of Surrey

246,995

260,321

(61,328) (38,324) (122,221)

60,287 13,436

(241,201)

Employee Future Benefits paid by the City of Surrey (Note 3)

(70,400)

(89,100)

Net change in cash from operating activities

1,778,229

1,870,801

CAPITAL ACTIVITY Cash used to acquire tangible capital assets

(1,778,229)

(1,870,801)

Net change in cash from capital activity

(1,778,229)

(1,870,801)

$

- - -

Net change in cash

- - -

Cash, beginning of year

Cash, end of year

$

$

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

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