2023 Annual Report

Consolidated Statement of Cash Flow

Con s olid at ed S tat e m en t o f C ash Flo w For the year ended December 31, 2023 Consolidated Financial Statements

For the year ended December 31, 2023

Ac t u a l 2023

Actual

2022 Restated (Note 26)

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

O p er at in g t r a n sa c t ion s Annu a l s ur p lu s It e ms no t u t ilizin g c ash Amortization Loss on disposal of assets Financial Assets Cash and cash equivalents (Note 1) Portfolio investments (Note 2) Accounts receivable (Note 4) Recoverable local improvements (Note 5) Contributed tangible capital assets Actuarial adjustment on debt Restricted revenues recognized C ha n g e in non - c ash o p er at in g i t e ms Increase in prepaid expenses Increase in supplies inventory Decrease (increase) in accounts receivable Decrease in recoverable local improvements Debt reserve fund (Note 6) Inventory available for resale L iabilities Accounts payable and accrued liabilities (Note 7) Asset retirement obligations (Note 8) Increase in other assets

2022 Restated (Note 26)

$

58 ,3 49 , 9 66 $

41,024,463

2 7 , 97 1, 7 33 1,30 7 ,3 5 0 ( 1 4 , 44 0,0 58 ) (5 6 8 ,002) ( 11, 595 ,16 9 ) 2,6 75 , 854 (9 ,2 4 6, 5 2 8 ) 102,0 8 6 ( 3 5 ,6 4 1) 6, 97 1,0 79 787 , 4 3 9 ( 1,313,0 4 0) 1, 474 , 9 26 3, 47 2, 8 2 4 ( 1 4 3,100) 1, 959 , 954 ( 21,103) (88 , 988 )

26,486,964

149,126

$

61,01 5 , 8 63 $

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

(17,560,027) (500,883) (7,969,147)

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

606,033

5 6,169

56,169

(452,839) (77,254) (9,045,508)

33 4 ,300, 8 29

303,286,218

157,728 (25,056) 971,355 755,921

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

Increase (decrease) in accounts payable and accrued liabilities Increase (decrease) in asset retirement obligations Increase (decrease) in remeasurement gains and losses Deferred revenue (Note 9) Restricted revenue (Note 10) Increase (decrease) in deferred revenue Refundable performance deposits and other Employee future benefits (Note 11) Increase (decrease) in refundable performance deposits (Decrease) in employee future benefits Debt (Note 12)

-

1,410,145 1,524,688 (283,600) (5,064,420)

Cash provided by operating transactions Net Financial Assets C ap i ta l t r a n sa c t ion s Proceeds on disposal of tangible capital assets Cash used to acquire tangible capital assets Non Financial Assets Tangible capital assets (Note 13, Schedule 1) Undeveloped land bank properties (Note 14) I nve st in g t r a n sa c t ion s (Increase) decrease in portfolio investments Prepaid expenses Supplies inventory

62, 985 , 774

36,566,076

1 44 ,2 5 6,096

123,674,602

4 1 5 ,62 4

34,149

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

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

(5 1, 599 , 99 0) (5 1,1 84 ,366)

(33,050,442) (33,016,293)

699, 85 9 1, 477 ,293

610,871 1,456,190

1,232,092, 8 10

1,195,637,378

16,2 48 ,2 79

(102,368,965)

Fin a ncin g t r a n sa c t ion s Debt repayment Accumulated Surplus (Note 15) Accumulated surplus is comprised of : Accumulated operating surplus Collection of restricted revenues

$

1,3 7 6,3 48 ,906 $

1,319,311,980

( 3,601, 5 00) 13,63 4 ,620 10,033,120 3 8 ,0 8 2, 8 0 7 22, 9 33,0 5 6 61,01 5 , 8 63 $ -

(3,544,334) 8,764,780 5,220,446 (93,598,736) 116,531,792 22,933,056

1,3 77 ,661,9 4 6

1,319,311,980

I ncre as e ( decre as e) in c ash a nd c ash equiv a len ts Cash and cash equivalents - beginning of year C ash a nd c ash equiv a len ts - end o f ye a r Accumulated remeasurement gains ( losses)

( 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.

50 | City of Maple Ridge - 2023 Annual Report