Finances
Balance Sheet
As at December 31, 2015
(in thousands of dollars)
|
|
2015 |
2014 |
|---|---|---|
|
Assets |
|
|
|
Current assets |
|
|
|
Cash (Note 10) |
3,321 |
2,880 |
|
Investments (Note 6) |
8,069 |
4,727 |
|
Accounts receivable (Note 12) |
930 |
2,297 |
|
Deposits and prepaid expenses |
181 |
150 |
|
|
12,501 |
10,054 |
|
|
|
|
|
Capital assets (Note 3) |
30,900 |
32,554 |
|
|
43,401 |
42,608 |
|
Liabilities |
|
|
|
Current liabilities |
|
|
|
Accounts payable and accrued liabilities (Note 4) |
3,860 |
3,407 |
|
Deferred revenue |
517 |
811 |
|
Mortgage payable (Note 5) |
533 |
503 |
|
|
4,910 |
4,721 |
|
Mortgage payable (Note 5) |
18,089 |
18,622 |
|
|
22,999 |
23,343 |
|
Members’ Equity |
|
|
|
Members' Equity |
20,402 |
19,265 |
|
|
43,401 |
42,608 |
|
|
|
Approved On Behalf of the Members
Angela De Palma, OCT, Council Chair
Michael Salvatori, OCT, Chief Executive Officer and Registrar
The accompanying notes are an integral part of these financial statements.
