Volume I - Finance - Government of Newfoundland and Labrador

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56 SUMMARY FINANCIAL STATEMENTS PROVINCE OF NEWFOUNDLAND AND LABRADOR Schedule 3 Equity in Government Business Enterprises As at 31 March 2010 with comparative figures for 2009 NL Liquor Corporation 3 Apr 2010 Nalcor Energy 31 Dec 2009 Total 2010 Total 2009 ($000) ($000) ($000) ($000) Equity - beginning of year ..................... 55,377 1,076,500 1,131,877 728,009 Net income for year .......................... 130,938 60,000 190,938 205,368 Accumulated other comprehensive income - see note.. - 5,500 5,500 (3,000) Capital transactions: Transfers from government ................. - 40,000 40,000 319,500 Transfers to government .................... (124,000) - (124,000) (118,000) Equity - end of year .......................... 62,315 1,182,000 1,244,315 1,131,877 Equity represented by: Assets Cash and temporary investments ............. 27,500 14,000 41,500 75,879 Receivables ............................. 11,245 158,500 169,745 260,859 Oil and gas properties...................... - 193,800 193,800 112,100 Inventories .............................. 31,770 59,500 91,270 87,336 Prepaid and deferred charges ................ 2,607 72,600 75,207 78,159 Investments ............................. - 56,200 56,200 24,600 Reserve Fund ............................ - 34,800 34,800 23,400 Capital assets ............................ 18,013 1,901,700 1,919,713 1,881,034 Total Assets ................................ 91,135 2,491,100 2,582,235 2,543,367 Liabilities Accounts payable and accruals ............... 28,820 306,500 335,320 221,890 Deferred Government assistance ............. - 3,100 3,100 - Borrowings.............................. - 999,500 999,500 1,189,600 Total Liabilities ............................. 28,820 1,309,100 1,337,920 1,411,490 Equity..................................... 62,315 1,182,000 1,244,315 1,131,877 NOTE Other Comprehensive Income Other comprehensive income comprises revenues, expenses, gains and losses that are recognized in comprehensive income, but excluded from net income. Comprehensive income is the change in equity (net assets) of an enterprise during a period of transactions and other events and circumstances from non-owner sources.
SUMMARY FINANCIAL STATEMENTS PROVINCE OF NEWFOUNDLAND AND LABRADOR 57 Schedule 4 Net Income of Government Business Enterprises For the year ended 31 March 2010 with comparative figures for 2009 NL Liquor Corporation 3 Apr 2010 Nalcor Energy 31 Dec 2009 Total 2010 Total 2009 ($000) ($000) ($000) ($000) Revenue Revenue from operations .................... 260,685 572,600 833,285 811,769 Expense Expenses from operations ................... 129,747 512,600 642,347 606,401 Net income .................................. 130,938 60,000 190,938 205,368
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Province of Newfoundland and Labrad
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Province of Newfoundland and Labrad
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i Table of Contents Page No. INTROD
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1 INTRODUCTION Volume I of the Publ
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UNDERSTANDING THE FINANCIAL HEALTH
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Page 35 and 36: Province of Newfoundland and Labrad
Page 37 and 38: Government of Newfoundland and Labr
Page 39 and 40: OFFICE OF THE AUDITOR GENERAL St. J
Page 41 and 42: SUMMARY FINANCIAL STATEMENTS PROVIN
Page 47 and 48: SUMMARY FINANCIAL STATEMENTS 41 NOT
Page 61: SUMMARY FINANCIAL STATEMENTS 55 LOA
Page 71 and 72: SUMMARY FINANCIAL STATEMENTS 65 TAN
Page 81: SUMMARY FINANCIAL STATEMENTS 75 GOV
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Volume I - Finance - Government of Newfoundland and Labrador

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