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June 15, 2009 - District of Mission

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<strong>15</strong>8<br />

Municipal Forest - 50th Year Anniversary<br />

Financial Statements<br />

1BDO<br />

BDO Dunw °oily LLP<br />

Chartered Accountants<br />

600 Cathedral Place<br />

925 West Georgia Street<br />

Vancouver, BC Canada V6C 312<br />

Telephone: (604) 688-5421<br />

Telefax: (604) 688-5132<br />

E-mail: max ver@bdo. ea<br />

www.bdo.ea<br />

Auditors' Report<br />

To the Board <strong>of</strong><br />

<strong>District</strong> <strong>of</strong> <strong>Mission</strong> Development Corporation<br />

We have audited the Balance Sheet <strong>of</strong> the <strong>District</strong> <strong>of</strong> <strong>Mission</strong> Development Corporation as at<br />

December 31, 2008 and the Statements <strong>of</strong> Operations and Cashflow for the year then ended.<br />

These financial statements are the responsibility <strong>of</strong> the Corporation's management. Our<br />

responsibility is to express an opinion on these financial statements based on our audit.<br />

We conducted our audit in accordance with Canadian generally accepted auditing standards.<br />

Those standards require that we plan and perform an audit to obtain reasonable assurance<br />

whether the financial statements are free <strong>of</strong> material misstatement. An audit includes examining, on<br />

a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit<br />

also includes assessing the accounting principles used and significant estimates made by<br />

management, as well as evaluating the overall financial statement presentation.<br />

In our opinion, these financial statements present fairly, in all material respects, the financial<br />

position <strong>of</strong> the Corporation as at December 31, 2008 and the results <strong>of</strong> its operations and its cash<br />

flows for the year then ended in accordance with Canadian generally accepted accounting<br />

principles.<br />

Chartered Accountants<br />

Vancouver, British Columbia<br />

April 14, <strong>2009</strong><br />

BOO Dun woody LLP is a Limited Liability Partnership registered in Ontario<br />

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

66

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