Annual Report 2010/11

Consolidated Statement of Financial PositionAs at June 30, 2011 (thousands of dollars)2011 2010Restated (Note 3)ASSETSCurrent Assets:Cash and cash equivalents (Note 4) $ 59,123 $ 78,006Short-term investments (Note 5) 25,471 25,063Accounts receivable 5,595 4,348Inventories and prepaid expenses 5,103 4,98095,292 112,397Long-term investments (Note 5) 62,510 49,243Capital assets and collections (Note 6) 286,174 255,293$ 443,976 $ 416,933LIABILITIES AND NET ASSETSCurrent Liabilities:Accounts payable and accrued liabilities $ 23,715 $ 20,376Deferred revenue 5,354 5,298Deferred contributions (Note 7) 21,938 21,368Current portion of long term liabilities (Note 10) 1,581 1,51852,588 48,560Employee future benefit liabilities (Note 9) 514 387Deferred contributions, capital (Note 7) 213 1,357Unamortized deferred capital contributions (Note 8) 146,953 147,721Long term liabilities (Note 10) 45,983 47,565246,251 245,590Net Assets:Endowments (Note 11) 39,887 30,791Investment in capital assets and collections (Note 13) 91,656 58,490Internally restricted (Note 14) 63,679 80,588Unrestricted 2,503 1,474197,725 171,343$ 443,976 $ 416,933Contractual obligations and contingent liabilities (Note 18 and Note 19)Approved by the Board of Governors:Original signed by John DayChair, Board of GovernorsOriginal signed by David W. AtkinsonPresidentThe accompanying notes are part of these consolidated financial statements.consolidated financial statements 2010/2011 39