2018 Annual Report

Consolidated Financial Statements

Consolidated Statement of Financial Position

As at December 31, 2018

Consolidated Statement of Financial Position as at December 31, 2018

2018

2017

Financial Assets Cash and cash equivalents (Note 1) Portfolio investments (Note 2) Accounts receivable (Note 3) Recoverable local improvements (Note 4)

$

22,186,741 $

27,631,877 187,717,851 14,663,433 1,126,247 763,208 3,579,094 235,481,710 20,795,751 14,198,182 39,633,654 23,403,713 4,567,300 28,273,707 130,872,307

201,666,082 15,515,417 1,379,072 779,813 2,459,585 243,986,710 24,858,292 15,760,504 35,996,158 21,908,866 4,662,100 25,822,631 129,008,551

Other assets (Note 5) Inventory available for resale

Liabilities Accounts payable and accrued liabilities (Note 6)

Deferred revenue (Note 8) Restricted revenue (Note 9)

Refundable performance deposits and other Employee future benefits (Note 10)

Debt (Note 11, Schedule 4)

Net Financial Assets

114,978,159

104,609,403

Non Financial Assets Tangible capital assets (Note 12, Schedule 5) Undeveloped land bank properties (Note 13)

1,027,400,677 15,526,529

976,145,224 15,526,529 363,885 1,294,624 993,330,262

Supplies inventory Prepaid expenses

326,363 471,486

1,043,725,055

Accumulated Surplus (Note 14)

$ 1,158,703,214 $ 1,097,939,665

Kelly Swift, MBA

Trevor Thompson, BBA, CPA, CGA

Acting Chief Administrative Officer

Chief Financial Officer

The accompanying summary of significant accounting policies and notes to the Consolidated Financial Statements are an integral part of this statement.

The accompanying summary of significant accounting policies and notes to the Consolidated Financial Statements are an integral part of this statement.

City of Maple Ridge - 2018 Annual Report 39