BC Hydro > Financial Information Act Return (to March 31, 2007)

consoliDateD Balance sheet
9 6
2 0 0 7 B C H Y D R O A N N U A L R E P O R T
F I N A N C I A L R E S U L T S
as at March 31 (in millions) 2007 2006
ASSETS
Property, Plant and Equipment, net (Note 5) $ 9,998 $ 9,610
Current Assets
Cash and cash equivalents 8 23
Accounts receivable and accrued revenue 512 446
Materials and supplies 137 135
Prepaid expenses 110 93
Mark-to-market gains 61 57
Other Assets and Deferred Charges
828 754
Intangible assets, net (Note 6) 424 413
Sinking funds (Note 7) 733 846
Regulatory assets (Note 2) 862 861
2,019 2,120
$ 12,845 $ 12,484
LIABILITIES AND EQUITY
Long-term debt net of sinking funds $ 5,502 $ 5,696
Sinking funds presented as assets 733 846
Long-Term Debt (Note 8)
Current Liabilities
6,235 6,542
Current portion of long-term debt (Note 8) 1,422 954
Accounts payable and accrued liabilities 1,267 1,089
Mark-to-market losses 43 81
2,732 2,124
Other Liabilities
Regulatory liabilities (Note 2) 413 440
Deferred contributions (Note 10) 913 856
Debt issue and related costs 145 125
Other long-term liabilities (Note 11) 459 538
Foreign currency contracts (Notes 8 and 9) 165 152
2,095 2,111
Retained Earnings 1,783 1,707
$ 12,845 $ 12,484
Commitments and Contingencies (Note 13)
See accompanying notes to consolidated financial statements.
Approved on Behalf of the Board:
L.I. (Larry) Bell W.C. (Wanda) Costuros
Chair Chair, Audit & Risk Management Committee