CIRA Annual Report 2007-2008

2007–2008 CIRA Annual Report484. EQUIPMENTCost$AccumulatedAmortization$Net2008$Net2007$Computer hardwareComputer softwareFurniture and fixturesOffice equipmentLeasehold improvements2,756,4391,291,269163,06675,349192,7301,542,593782,980134,98337,20283,2191,213,846508,28928,08338,147109,511601,111168,00136,25343,178156,0514,478,8532,580,9771,897,8761,004,5945. ACCOUNTS PAYABLE6. DEFERRED REVENUEAND ACCRUED LIABILITIESDeferred revenue represents funds received forThe March 31, 2007 accounts payable includes registration of .ca domain names in advance$2,143,656 owed to the University of British of the year of registration and certification feesColumbia (UBC) as CIRA’s final payment for the received from registrars who have not beenpurchase of the management authority over the certified by CIRA..ca Registry. The $2,143,656 was paid to UBC inthe 2008 fiscal period.The current portion of the deferred revenuerepresents revenue, which will be recognizedin the 2009 fiscal year.