2023 Annual Report

Consolidated Statement of Financial Position Consolidated Financial Statements Consolidated Financial Statements

As at December 31, 2023

Consolidated Statement of Financial P osition as at December 31, 2023 2023 Consolidated Statement of Financial P osition as at December 31, 2023 2023

2022 Restated (Note 26) 2022 Restated (Note 26)

Financial Assets Cash and cash equivalents (Note 1) Portfolio investments (Note 2) Accounts receivable (Note 4) Recoverable local improvements (Note 5) Financial Assets Cash and cash equivalents (Note 1) Portfolio investments (Note 2) Accounts receivable (Note 4) Recoverable local improvements (Note 5) Debt reserve fund (Note 6)

$ $

61,01 5 , 8 63 $ 61,01 5 , 8 63 $ 23 7 ,003, 4 13

22,933,056 253,251,692 25,283,520 22,933,056 253,251,692 25,283,520 614,913 1,146,868 614,913 1,146,868 56,169 303,286,218 56,169 303,286,218 29,111,044 18,883,504 19,475,845 38,878,746 27,470,091 2,861,700 42,930,686 179,611,616 29,111,044 18,883,504 19,475,845 38,878,746 27,470,091 2,861,700 42,930,686 179,611,616 123,674,602 123,674,602

23 7 ,003, 4 13 3 4 , 5 30,0 48 3 4 , 5 30,0 48 12, 8 2 7 1,1 8 2, 5 09 5 12, 8 2 7 1,1 8 2, 5 09 5 6,169 33 4 ,300, 8 29 5 6,169 33 4 ,300, 8 29 36,6 85 ,123 19,6 7 0,9 4 3 20,3 47 , 77 1 4 0,91 8 ,19 7 30,9 4 2,91 5 2, 7 1 8 ,600 3 8 , 7 61,1 84 190,0 44 , 7 33 36,6 85 ,123 19,6 7 0,9 4 3 20,3 47 , 77 1 4 0,91 8 ,19 7 30,9 4 2,91 5 2, 7 1 8 ,600 3 8 , 61,1 84 190,0 44 , 7 33 1 44 ,2 5 6,096 1 44 ,2 5 6,096 1,21 4 ,3 8 9,129 1 5 , 5 26, 5 29 1,21 4 ,3 8 9,129 1 5 , 5 26, 5 29 699, 85 9 699, 85 9 1, 477 ,293 1, 477 ,293 1,232,092, 8 10

Debt reserve fund (Note 6) Inventory available for resale Inventory available for resale

L iabilities Accounts payable and accrued liabilities (Note 7) Asset retirement obligations (Note 8) L iabilities Accounts payable and accrued liabilities (Note 7) Asset retirement obligations (Note 8) Deferred revenue (Note 9) Deferred revenue (Note 9) Restricted revenue (Note 10) Restricted revenue (Note 10) Refundable performance deposits and other Employee future benefits (Note 11) Refundable performance deposits and other Employee future benefits (Note 11) Debt (Note 12)

Debt (Note 12)

Net Financial Assets Net Financial Assets

Non Financial Assets Tangible capital assets (Note 13, Schedule 1) Undeveloped land bank properties (Note 14) Non Financial Assets Tangible capital assets (Note 13, Schedule 1) Undeveloped land bank properties (Note 14) Supplies inventory

1,178,043,788 15,526,529 1,178,043,788 15,526,529 610,871 610,871 1,456,190 1,456,190 1,195,637,378 1,195,637,378 1,319,311,980 1,319,311,980 1,319,311,980 1,319,311,980 - 1,319,311,980 - 1,319,311,980

Supplies inventory Prepaid expenses Prepaid expenses

1,232,092, 8 10 1,3 7 6,3 48 ,906 $ 1,3 7 6,3 48 ,906 $ 1,3 77 ,661,9 4 6 1,3 77 ,661,9 4 6 ( 1,313,0 0) 1,3 7 6,3 48 ,906 ( 1,313,0 4 0) 1,3 7 6,3 48 ,906

Accumulated Surplus (Note 15) Accumulated Surplus (Note 15) Accumulated surplus is comprised of : Accumulated operating surplus Accumulated surplus is comprised of : Accumulated operating surplus Accumulated remeasurement gains ( losses) Accumulated remeasurement gains ( losses)

$ $

Scott Hartman Scott Hartman Chief Administrative Officer Chief Administrative Officer

Trevor Thompson, BBA, CPA, CGA Trevor Thompson, BBA, CPA, CGA Director of Finance

Director of Finance

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.

46 | City of Maple Ridge - 2023 Annual Report