Volume II - Finance - Government of Newfoundland and Labrador
Volume II - Finance - Government of Newfoundland and Labrador
Volume II - Finance - Government of Newfoundland and Labrador
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
PUBLIC ACCOUNTS 2004-2005 5<br />
Financial Position<br />
Accumulated Deficit <strong>of</strong> $10.60 billion consisted <strong>of</strong> $12.80 billion in liabilities less $2.20 billion in assets.<br />
Net Debt <strong>of</strong> $11.69 billion consisted <strong>of</strong> $12.80 billion in liabilities less $1.11 billion in financial assets.<br />
Statement <strong>of</strong> Financial Position - 31 March 2005<br />
16.00<br />
14.00<br />
12.00<br />
Liabilities<br />
12.80<br />
Net Debt<br />
11.69<br />
Accumulated<br />
Deficit<br />
10.60<br />
10.00<br />
Billions<br />
8.00<br />
6.00<br />
4.00<br />
2.00<br />
Financial<br />
Assets<br />
1.11<br />
Non-Financial<br />
Assets<br />
1.09<br />
0.00