PDF version can be found here - Edmonton Opera
PDF version can be found here - Edmonton Opera
PDF version can be found here - Edmonton Opera
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
<strong>Edmonton</strong> <strong>Opera</strong> Association<br />
Statement of Changes in Net Assets<br />
For the year ended June 30, 2013<br />
Unrestricted<br />
Internally<br />
Restricted<br />
Invested in<br />
Capital<br />
Assets<br />
June 30 June 30<br />
2013 2012<br />
(Restated<br />
Note 3)<br />
(Restated<br />
Note 3)<br />
Net assets <strong>be</strong>ginning of year, as<br />
previously stated<br />
(507,101) 25,000 665,606 183,505 368,065<br />
Correction of an error - - 89,000 89,000 -<br />
Net assets, <strong>be</strong>ginning of year, as<br />
restated<br />
(507,101) 25,000 754,606 272,505 368,065<br />
Deficiency of revenues over expenses (236,307) - (204,536) (440,843) (95,560)<br />
Investment in capital assets (792,156) - 792,156 - -<br />
Net assets, end of year (1,535,564) 25,000 1,342,226 (168,338) 272,505<br />
The accompanying notes are an integral part of these financial statements<br />
3
Change language