2019 City of Maple Ridge Annual Report

Consolidated Financial Statements ________________________________________________________ Consolidated Statement of Change in Net Financial Assets

For the year ended December 31, 2019

Consolidated Statement of Change in Net Financial Assets For the year ended December 31, 2019

Actual 2019

Budget 2019 (Note 18)

Actual 2018

Annual Surplus Consolidated Financial Statements ________________________________________________________ $ 64,454,637 $ 80,014,512 $ 60,763,549

Add (Less): Change in Tangible Capital Assets Acquisition of tangible capital assets

(92,131,841)

(216,964,685)

(74,540,940)

Consolidated Statement of Change in Net Financial Assets For the y ar ended December 31 2019

Amortization

21,257,458 21,329,763 21,168,109

Proceeds from disposal of tangible capital assets (Gain) loss on disposal of tangible capital assets

928,432 3,031,576 (66,914,375) Actual

1,500,000 (1,500,000) (195,634,922) Budget

183,461 1,933,914 (51,255,456) Actual

2019

2019 (Note 18)

2018

Change in Other Non Financial Assets Decrease (increase) in supplies inventory Decrease (Increase) in prepaid expenses Annual Surplus Add (Less): Change in Tangible Capital Assets Acquisition of tangible capital assets Increase (decrease) in Net Financial Assets Net Financial Assets beginning of the year Proceeds from disposal of tangible capital assets (Gain) loss on disposal of tangible capital assets Net Financial Assets (Net Debt) end of the year Amortization

8,861

- - -

37,523 823,140 860,663

(194,064) (185,203)

$ 64,454,637 $ 80,014,512 $ 60,763,549

(2,644,941) $ (115,620,410) (92,131,841) (216,964,685)

10,368,756 (74,540,940)

114,978,159 114,978,159 104,609,403 21,257,458 21,329,763 21,168,109 1,500,000 183,461 $ 112,333,219 $ (642,251) $ 114,978,159 (66,914,375) (195,634,922) (51,255,456) 928,432 3,031,576 (1,500,000) 1,933,914

Change in Other Non Financial Assets Decrease (increase) in supplies inventory Decrease (Increase) in prepaid expenses

8,861

- - -

37,523 823,140 860,663

(194,064) (185,203)

Increase (decrease) in Net Financial Assets

(2,644,941) $ (115,620,410)

10,368,756

Net Financial Assets beginning of the year

114,978,159 114,978,159 104,609,403

Net Financial Assets (Net Debt) end of the year

$ 112,333,219 $ (642,251) $ 114,978,159

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

42 City of Maple Ridge - 2019 Annual Report