2025 Annual Report-final June 4

FINANCIAL STATEMENTS

Consolidated Financial Statements Consolidated Statement of Operations Consolidated Financial Statements

Consolidated Statement of Op e r ations For the year ended December 31, 2025 Consolidated Statement of Financial P osition as at December 31, 2023 2023

For the year ended December 31, 2025

2022 Restated (Note 26)

Budget 2025 Note 21

Actual 2025

Actual 2024

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 Realized gain (loss) on disposal of financial instruments L iabilities Accounts payable and accrued liabilities (Note 7) Asset retirement obligations (Note 8) Gaming revenues Loss on disposal of tangible capital assets Contributed tangible capital assets (Note 13) Expenses (Segment Report, Note 24) Protective services Restricted revenue (Note 10) Refundable performance deposits and other Employee future benefits (Note 11) Transportation services Parks, recreation & cultural Debt (Note 12) Deferred revenue (Note 9) Annual su rp lus Supplies inventory Prepaid expenses Accumulated Operating Surplus (beginning of year) Accumulated Operating Surplus (end of year) (Note 15) Accumulated Surplus (Note 15) Accumulated surplus is comprised of : Accumulated operating surplus Non Financial Assets Tangible capital assets (Note 13, Schedule 1) Undeveloped land bank properties (Note 14) Accumulated remeasurement gains ( losses) Water utility Sewer utility 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

$

127,542,066 $

127,3 9 6,3 99 $

119,225,818 85,935,644 12,023,092 11,398,762 11,216,389 1,553,543 (1,254,694) 29,238,508 269,359,022 58,296,142 27,273,097 32,343,252 19,733,960 16,768,464 25,607,266 13,357,395 193,379,576 21,960

68,112,857 10,319,656 49,549,335 4,314,978

74, 9 18,345 9 ,280,548 6,8 9 6,7 9 1 10,737,517 (345,875) 1,3 9 7,41 9 (3,008,184) 14,346,718 241,61 9 ,678 63,544,833 2 9 ,301,135 34,334,054 21,610,815 21,128,682 30, 99 7, 9 30 7,502,7 99 208,420,248

5 6,169

56,169

33 4 ,300, 8 29

303,286,218

-

1,500,000

-

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

20,000,000 281,338,892 68,157,049 32,292,104 34,997,240 22,417,635 23,412,159 29,813,918 9,459,136 220,549,241

1 44 ,2 5 6,096

123,674,602

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

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

60,789,651

33,1 99 ,430

75,979,446

699, 85 9 1, 477 ,293

610,871 1,456,190

1,453,641,392 1,453,641,3 9 2 1,377,661,946

1,232,092, 8 10

1,195,637,378

$

1,3 7 6,3 48 ,906 $

1,319,311,980

$ 1,514,431,043 $ 1,486,840,822 $ 1,453,641,392

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 - 2025 Annual Report | 49