2024 Annual Report-web FINAL

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, 2024 Ac t u a l For the year ended December 31, 2024 Consolidated Financial Statements Consolidated Statement of Financial P osition as at December 31, 2023 2023 2024

Actual 2023

2022 Restated (Note 26)

Oper at ing t r a n sa c t ion s Annu a l s urplu s I t e ms no t u t ilizing c ash Amortization Accretion expense 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 Adjustment to user fees and other revenues Debt reserve fund (Note 6) Inventory available for resale C ha nge in non - c ash oper at ing i t e ms Increase in prepaid expenses Increase in supplies inventory Increase in accounts receivable L iabilities Accounts payable and accrued liabilities (Note 7) Asset retirement obligations (Note 8) Deferred revenue (Note 9) Restricted revenue (Note 10) Refundable performance deposits and other Decrease in recoverable local improvements Increase in debt reserve Employee future benefits (Note 11) Restricted revenues recognized Cash provided by operating transactions Non Financial Assets Tangible capital assets (Note 13, Schedule 1) Undeveloped land bank properties (Note 14) C a pi ta l t r a n sa c t ion s Proceeds on disposal of tangible capital assets Settlement of asset retirement obligation Cash used to acquire tangible capital assets Prepaid expenses Accumulated Surplus (Note 15) Inve st ing t r a n sa c t ion s (Increase) decrease in portfolio investments Accumulated surplus is comprised of : Accumulated operating surplus Accumulated remeasurement gains ( losses) Supplies inventory Increase in remeasurement loss Increase (decrease) in deferred revenue Increase (decrease) in refundable performance deposits Increase (decrease) in employee future benefits Net Financial Assets Increase (decrease) in accounts payable and accrued liabilities Increase in asset retirement obligation incurred on landfill Debt (Note 12) $ $

$

75 , 979 ,44 6 $

58,349,966

61,01 5 , 8 63 $

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

2 9 , 89 1,313 8 20,2 78 1,2 5 4, 69 4 ( 2 9 ,23 8 , 5 0 8) (6 42,210 ) ( 1 8 , 7 13,244 ) ( 10, 755 ,0 96) ( 2 7 ,3 8 2, 77 3 ) ( 1,143, 9 4 6) ( 114, 997) (9 1,0 7 1 ) 10 7 ,1 65 ( 41,1 8 3 ) (566 ,31 8) 1, 88 3, 9 32 (9 3 7 , 8 4 5) 3, 8 40, 9 21 1,11 6 , 59 4

27,971,733 787,439 1,307,350 (14,440,058) (568,002) (11,595,169) 3,463,293 - (1,120,848) 102,086 (35,641) 6,971,079 (1,313,040) 1,474,926 3,472,824 (143,100) 9,298,195 - (21,103) (88,988)

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

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

1 44 ,2 5 6,096

123,674,602

43,000

4,0 96 ,2 5 2

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

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

5 2, 69 2, 9 2 5

71,111,454

699, 85 9 1, 477 ,293

610,871 1,456,190

1 9 3,3 6 1 ( 114, 99 3 )

415,624

1,232,092, 8 10

1,195,637,378

-

(5 2,0 6 1, 68 0 ) (5 1, 98 3,312 )

(51,599,990) (51,184,366)

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)

3 8 , 85 4,3 8 2 -

8,122,599

1,3 7 6,3 48 ,906

1,319,311,980

Fin a ncing t r a n sa c t ion s Debt repayment

( 3, 65 1, 5 33 ) 8 ,34 5 ,0 67 4, 69 3, 5 34 44,2 57 , 5 2 9 6 1,01 5 , 86 3

(3,601,500) 13,634,620 10,033,120 38,082,807 22,933,056 61,015,863

Collection of restricted revenues

Scott Hartman

Trevor Thompson, BBA, CPA, CGA

Incre 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 Chief Administrative Officer

Director of Finance

$

10 5 ,2 7 3,3 9 2 $

The accompanying summary of significant accounting policies and notes to the Consolidated Financial Statements are an integral part of this statement.

52 | City of Maple Ridge - 2024 Annual Report The accompanying summary of significant accounting policies and notes to the Consolidated Financial Statements are an integral part of this statement.