Finances

Balance Sheet


(In thousands of dollars)
December 31, 2017, with comparative information for 2016


  2017 2016
 
Assets    
Current assets:    
Cash $6,067 $4,363
Investments (note 5) 6,641 7,073
Accounts receivable 396 485
Deposits and prepaid expenses 174 251
 
  13,278 12,172
     
Capital assets (note 2) 29,025 29,713
 
  $42,303 $41,885
 
Liabilities and Members' Equity    
Current liabilities:    
Accounts payable and accrued liabilities (note 3) $4,488 $4,346
Deferred revenue 665 649
Deferred salaries 239
Mortgage payable (note 4) 719 679
 
  6,111 5,674
     
Mortgage payable (note 4) 14,761 15,480
Members' equity 21,431 20,731
Commitments and contingencies (notes 6 and 7)
 
  $42,303 $41,885
 

See accompanying notes to financial statements.

Approved on behalf of the Members:

Signature of Angela De Palma, OCT

Angela De Palma, OCT
Council Chair

Signature of Michael Salvatori, OCT

Michael Salvatori, OCT
Chief Executive Officer and Registrar