2023 Annual Report

Consolidated Statement of Operations

Consolidated Financial Statements Consolidated Financial Statements

Consolidated Statement of Op e r ations For the year ended December 31, 2023 Consolidated Statement of Financial P osition as at December 31, 2023 2023

For the year ended December 31, 2023

2022 Restated (Note 26)

Budget 2023 Note 21

Actual 2023

Actual

2022 Restated (Note 26)

Revenue (Segment Report, Note 24) Taxes for municipal purposes (Note 17) Financial Assets Cash and cash equivalents (Note 1) Portfolio investments (Note 2) Accounts receivable (Note 4) Recoverable local improvements (Note 5) User fees and other revenue Government transfers (Note 18) Debt reserve fund (Note 6) Inventory available for resale Development revenue Interest and investment income Contributed tangible capital assets (Note 13) L iabilities Accounts payable and accrued liabilities (Note 7) Asset retirement obligations (Note 8) Expenses (Segment Report, Note 24) Protective services Deferred revenue (Note 9) Restricted revenue (Note 10) Refundable performance deposits and other Employee future benefits (Note 11) Transportation services Parks, recreation & cultural Gaming revenues Asset disposal losses Annual su rp lus Non Financial Assets Tangible capital assets (Note 13, Schedule 1) Undeveloped land bank properties (Note 14) Accumulated Operating Surplus (beginning of year) Accumulated Operating Surplus (end of year) (Note 15) Supplies inventory Prepaid expenses Accumulated Surplus (Note 15) Accumulated surplus is comprised of : Accumulated operating surplus Accumulated remeasurement gains ( losses) Water utility Sewer utility Debt (Note 12) General government Net Financial Assets Planning, public health and other

$

61,01 5 , 8 63 $

22,933,056 253,251,692 25,283,520 614,913 1,146,868

23 7 ,003, 4 13 3 4 , 5 30,0 48 5 12, 8 2 7 1,1 8 2, 5 09

$

111,038,735 $

111,1 4 1,357 $ 5 9 ,725, 9 71 25,667,573 12,215,131 9 ,886,033 1,63 4 ,60 9 ( 1,307,350) 1 4 , 44 0,058 233, 4 03,382

104,187,540 55,431,092 7,325,205 8,634,346 6,801,307 1,576,904 17,560,027 201,367,295 48,804,395 26,247,479 24,681,429 17,444,118 13,339,392 21,860,363 7,965,656 160,342,832 (149,126)

58,314,886 12,777,337 47,142,038 2,709,988 1,500,000 20,000,000 253,482,984 55,566,651 32,055,084 27,828,618 20,050,610 17,531,029 26,375,157 8,988,852 188,396,001 -

5 6,169

56,169

33 4 ,300, 8 29

303,286,218

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

29,111,044 18,883,504 19,475,845 38,878,746 27,470,091 2,861,700 42,930,686 179,611,616

51,270,638 26,1 4 3,320 28, 4 67,360 18, 9 52,735 1 4 ,81 4 , 4 05 26,66 4 ,6 49 8,7 4 0,30 9 175,053, 4 16

1 44 ,2 5 6,096

123,674,602

65,086,983

58,3 49 , 9 66

41,024,463

1,21 4 ,3 8 9,129 1 5 , 5 26, 5 29

1,178,043,788 15,526,529

1,319,311,980 1,31 9 ,311, 9 80 1,278,287,517

699, 85 9 1, 477 ,293

610,871 1,456,190

1,232,092, 8 10

1,195,637,378

$ 1,384,398,963 $ 1,377,661, 94 6 $ 1,319,311,980

$

1,3 7 6,3 48 ,906 $

1,319,311,980

1,3 77 ,661,9 4 6

1,319,311,980

( 1,313,0 4 0)

-

1,3 7 6,3 48 ,906

1,319,311,980

Scott Hartman

Trevor Thompson, BBA, CPA, CGA

Chief Administrative Officer

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.

City of Maple Ridge - 2023 Annual Report | 47