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June 15, 2009 - District of Mission

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Municipal Forest - 50th Year Anniversary<br />

132<br />

SCHEDULE 1<br />

Statement <strong>of</strong> Financial Position - by Fund<br />

as at December 31<br />

Operating Funds<br />

General Water Sewer<br />

Reserve<br />

Funds<br />

Financial Assets<br />

Cash<br />

Portfolio and Mortgage Investments<br />

Receivables<br />

$ 4,630,546<br />

35,926,587<br />

5,114,949<br />

$ -<br />

-<br />

Deposits - Municipal Finance Authority 223,701 43,3<strong>15</strong> 42,905<br />

Other Assets 92,347 -<br />

Log Inventory 380,498 -<br />

Due from Own Funds and Entity 830,048 697,701 <strong>15</strong>,760,118<br />

46,368,628 873,363 740,606 <strong>15</strong>,760,118<br />

Liabilities<br />

Accounts Payable and Accrued Liabilities 7,049,000 -<br />

Deferred Revenues 3,665,266 -<br />

Provision for Retirement 779,873 -<br />

Restricted Revenues 7,235,682 - -<br />

Reserves-Municipal Finance Authority 223,701 43,3<strong>15</strong> 42,905<br />

Deposits 1,774,605<br />

Long-Term Debt -<br />

Due to Own Funds and Entity 17,287,867<br />

38,0<strong>15</strong>,994 43,3<strong>15</strong> 42,905<br />

Net Financial Assets (Liabilities) 8,352,634 830,048 697,701 <strong>15</strong>,760,118<br />

Non-Financial Assets<br />

Tangible Capital Assets<br />

Net Municipal Position $ 8,352,634 $ 830,048 $ 697,701 $ <strong>15</strong>,760,118<br />

Fund Position<br />

Financial Equity<br />

Reserve Accounts $ 5,945,475 - $ - $ -<br />

Reserve Funds - - <strong>15</strong>,760,118<br />

Operating Surplus 2,407,<strong>15</strong>9 830,048 697,701<br />

Share Capital -<br />

8,352,634 830,048 697,701 <strong>15</strong>,760,118<br />

Equity in Non-Financial Assets<br />

Equity in Capital Assets -<br />

$ 8,352,634 $ 830,048 $ 697,701 $ <strong>15</strong>,760,118<br />

2008 Annual Report - <strong>District</strong> <strong>of</strong> <strong>Mission</strong><br />

41

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