Finances

Balance Sheet


(In thousands of dollars)
December 31, 2020, with comparative information for 2019


2020 2019
 
Assets    
Current assets:    
Cash $4,341 $4,651
Investments (note 2 5,019 5,005
Accounts receivable  242 379
Deposits and prepaid expenses  224 243
 
    9,826  10,278
     
Capital assets (note 3)
 28,199 28,286
 
  $38,025 $38,564
 
Liabilities and Members' Equity    
Current liabilities:    
Accounts payable and accrued liabilities (note 4)              $4,072 $4,701
Deferred revenue  1,002 1,444
Deferred salaries  430 619
Mortgage payable (note 5) 498 13,999
 
  6,002 20,763
     
Mortgage payable (note 5) $12,835 --
     
Members’ equity    
Unrestricted 14,366 13,791
Internally restricted (note 9) 4,822 4,010
 
  19,188 17,801

   
Commitments and contingencies (note 7 and 8)    
 
  $38,025 $38,564
 

See accompanying notes to financial statements.

On behalf of the Board:

 

Paul Boniferro
Transition Supervisory Officer

 

Chantal Bélisle, OCT
Deputy Registrar