2023 Annual Report

Introduction to Financial Statements

The accompanying Consolidated Financial Statements and all other financial information included within this financial report are the responsibility of the management of the City of Maple Ridge. The City’s Financial Statements contained in this report have been prepared in accordance with Canadian Public Sector Accounting Standards using guidelines developed by the Public Sector Accounting Board of the Chartered Professional Accountants of Canada. The Corporate Finance Officer is responsible for submitting annually to the Audit Committee and Council audited Financial Statements. These Financial Statements include the consolidated results of the City of Maple Ridge for the fiscal year ended December 31, 2023. The preparation of the annual Financial Statements is the responsibility of the Finance Department; this includes the preparation of working papers and providing support and related financial information to external auditors during the year-end audit. The Consolidated Financial Statements of the City of Maple Ridge provide important information about the overall financial condition of the City. The purpose of the Consolidated Financial Statements is to present the effects of transactions of the City taking into consideration the accounting for all City Funds, MRMH Ltd. and CDMR Developments Ltd.

The audited 2023 Consolidated Financial Statements for the City include: Consolidated Statements • Management’s Responsibility for Financial Reporting • Auditor’s Report • Consolidated Statement of Financial Position • Consolidated Statement of Operations • Consolidated Statement of Remeasurement Gains and Losses • Consolidated Statement of Change in Net Financial Assets • Consolidated Statement of Cash Flow • Consolidated Report of Segmented Revenue and Expenses Supporting Statements & Schedules • Schedule of Tangible Capital Assets • Schedule for Growing Communities Fund Grant (unaudited) • Summary of Significant Accounting Policies • Notes to the Consolidated Financial Statements

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