City of Surrey 2016 Annual Report

CONSOLIDATED STATEMENT OF FINANCIAL POSITION  CITY OF SURREY

As at December 31, 2016, with comparative figures for 2015 [in thousands of dollars]

2015 (recast - note 2)

2016

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

$

12,121

$

32,794

109,251

120,753

42,506

-

Investments (note 5)

706,717 870,595

826,195 979,742

LIABILITIES Accounts payable and accrued liabilities (note 6)

143,826 194,784

157,779 236,442

Deposits and prepayments (note 7)

Deferred revenue (note 8)

31,305

35,314

Deferred development cost charges (note 9)

239,631 227,918 837,464

266,968 224,562 921,065

Debt (note 10)

NET FINANCIAL ASSETS

33,131

58,677

NON-FINANCIAL ASSETS Tangible capital assets (note 12)

8,123,149

8,312,963

Inventories of supplies

857

880

Prepaid expenses

3,997

4,517

8,128,003 8,161,134

8,318,360

ACCUMULATED SURPLUS (note 13)

$

$

8,377,037

Commitments and contingencies (note 14)

Vivienne Wilke, CPA, 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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