Financial Statements
Statement of Members’ Equity for the year ended December 31, 2010
(in thousands of dollars)
| 2010 | 2009 | ||||||
|---|---|---|---|---|---|---|---|
| Internally restricted funds | |||||||
| Invested in capital assets $ (note 5) |
Reserve for working capital $ |
Reserve for fee stabilization $ |
Reserve for stabilization of facility costs $ |
Unappropriated $ |
Total $ |
Total $ |
|
Balance – Beginning of year |
2,436 | 2,849 | 963 | 9,721 | 444 | 16,413 | 15,450 |
| Excess (deficiency) of revenue over expenses for the year | – | (841) | – | – | – | (841) | 963 |
| Investment in capital assets – net of amortization | 9,721 | – | – | (9,721) | – | – | – |
| Inter-fund transfers | (630) | 1,074 | – | – | (444) | – | – |
Balance – End of year |
11,527 | 3,082 | 963 | – | – | 15,572 | 16,413 |