mutual defence organization - TUUM EST
mutual defence organization - TUUM EST
mutual defence organization - TUUM EST
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Financial report<br />
Investment risk (Continued)<br />
b) Foreign currency risk<br />
Foreign currency exposure arises from the Association's holdings of non-Canadian denominated investments, as follows:<br />
(thousands of dollars)<br />
2000 1999<br />
Bonds<br />
Canadian corporate bonds denominated<br />
in U.S. dollars $ 4,046 $ 4,670<br />
Canadian provincial bonds denominated<br />
in U.S. dollars 1,723 –<br />
5,769 4,670<br />
Equities<br />
U.S. Pooled Fund Units 285,817 284,895<br />
International Pooled Fund Units 263,164 279,534<br />
548,981 564,429<br />
$ 554,750 $ 569,099<br />
5. CAPITAL ASSETS<br />
(thousands of dollars)<br />
22<br />
2000 1999<br />
Land $ 7,611 $ 7,611<br />
Building 21,994 21,994<br />
Furniture and equipment 1,927 1,815<br />
Software 3,996 3,920<br />
Computer equipment 2,850 2,540<br />
Building improvements 1,031 918<br />
Deferred leasing costs 133 1,334<br />
39,542 40,132<br />
Accumulated amortization 10,668 10,188<br />
$ 28,874 $ 29,944