2020 Annual Report

Consolidated Statement of Change in Net Financial Assets Consolidated Financial Statements __________________________________________________ Consolidated Statement of Change in Net Financial Assets For the year ended December 31, 2020 Consolidated Financial Statements __________________________________________________ For the year ended December 31, 2020 Actual 2020 Budget 2020 (Note 19) Actual 2019 Restated - Note 24

$ 54,153,612 $ 68,087,991 $ 55,631,339

Annual Surplus

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

Consolidated Statement of Change in Net Financial Assets For the year ended December 31, 2020

(69,544,005) 23,641,391 96,614 3,099,312 (42,706,688) Actual 2020

(197,634,460) 22,622,738

(82,864,958) 21,268,133

Amortization

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

-

928,432 2,583,364 (58,085,029) Actual 2019 Restated - Note 24

Budget

-

(175,011,722) 2020 (Note 19)

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 Amortization Proceeds from disposal of tangible capital assets (Gain) loss on disposal of tangible capital assets Net Financial Assets beginning of the year Net Financial Assets end of the year Change in Other Non Financial Assets Decrease (increase) in supplies inventory Decrease (Increase) in prepaid expenses

(144,450) (187,666) (332,116)

- - -

8,861

$ 54,153,612 $ 68,087,991 $ 55,631,339

575,353 584,214

11,114,808 (69,544,005) 23,641,391 113,108,683 96,614 3,099,312 (42,706,688)

(106,923,731) (197,634,460) 22,622,738 113,108,683 (175,011,722) - -

(1,869,476) (82,864,958) 21,268,133 114,978,159 928,432 2,583,364 (58,085,029)

$ 124,223,492 $ 6,184,952 $ 113,108,683

(144,450) (187,666) (332,116)

- - -

8,861

575,353 584,214

Increase (decrease) in Net Financial Assets

11,114,808

(106,923,731)

(1,869,476)

Net Financial Assets beginning of the year

113,108,683

113,108,683

114,978,159

Net Financial Assets end of the year

$ 124,223,492 $ 6,184,952 $ 113,108,683

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 - 2020 Annual Report