ACEC Annual Report (2012-2013) - Canada Consulting Engineers
ACEC Annual Report (2012-2013) - Canada Consulting Engineers
ACEC Annual Report (2012-2013) - Canada Consulting Engineers
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Summary Statement<br />
of Financial Position<br />
MARCH 31, <strong>2013</strong> AND <strong>2012</strong> AND APRIL 1, 2011<br />
April 1,<br />
ASSETS <strong>2013</strong> <strong>2012</strong> 2011<br />
CURRENT ASSETS<br />
Cash $ 218,714 $ 115,337 $ 92,945<br />
Term deposit - 150,000 -<br />
Accounts receivable 51,828 32,312 188,085<br />
Prepaid expenses 96,917 98,141 87,455<br />
Accrued interest 21,208 6,791 84,551<br />
Inventories 2,751 2,787 2,902<br />
391,418 405,368 455,938<br />
INVESTMENTS 1,014,396 963,836 777,210<br />
CAPITAL ASSETS 123,538 149,228 166,003<br />
1,137,934 1,113,064 943,213<br />
$ 1,529,352 $ 1,518,432 $ 1,399,151<br />
LIABILITIES<br />
CURRENT LIABILITIES<br />
Accounts payable and accrued liabilities $ 165,848 $ 229,855 $ 165,749<br />
Deferred revenue 45,000 45,000 53,550<br />
210,848 274,855 219,299<br />
NET ASSETS<br />
Internal Restrictions<br />
- General Reserve 700,000 700,000 700,000<br />
- Invested in capital assets 123,538 149,228 166,003<br />
Unrestricted 494,966 394,349 313,849<br />
1,318,504 1,243,577 1,179,852<br />
$ 1,529,352 $ 1,518,432 $ 1,399,151<br />
18<br />
<strong>ACEC</strong> ANNUAL REPORT <strong>2012</strong>-<strong>2013</strong>
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