Balance Sheet
As at December 31, 2013
(in thousands of dollars)
|
|
2013 |
2012 |
|---|---|---|
|
Assets |
|
|
|
Current assets |
|
|
|
Cash (Note 10) |
1,257 |
1,995 |
|
Investments (Note 6) |
3,670 |
2,020 |
|
Accounts receivable |
373 |
585 |
|
Deposits and prepaid expenses |
143 |
155 |
|
|
5,443 |
4,755 |
|
|
|
|
|
Capital assets (Note 3) |
34,147 |
35,225 |
|
|
39,590 |
39,980 |
|
Liabilities |
|
|
|
Current liabilities |
|
|
|
Accounts payable and accrued liabilities (Note 4) |
3,796 |
3,917 |
|
Deferred revenue |
914 |
381 |
|
Mortgage payable (Note 5) |
475 |
449 |
|
|
5,185 |
4,747 |
|
Mortgage payable (Note 5) |
19,125 |
19,600 |
|
|
24,310 |
24,347 |
|
Members’ Equity |
|
|
|
Members' Equity |
15,280 |
15,633 |
|
|
39,590 |
39,980 |
|
|
|
Approved On Behalf of the Members
Liz Papadopoulos, OCT, Council Chair
Michael Salvatori, OCT, Chief Executive Officer and Registrar
The accompanying notes are an integral part of these financial statements.
