2025 Annual Report-final June 4

FINANCIAL STATEMENTS

Consolidated Statement of Remeasurement Gains and Losses Consolidated Financial Statements ________________________________________________________ Consolidated Financial Statements

For the year ended December 31, 2025

Consolidated Statement o f R emeas ur ement G ains and L osses For the year ended December 31, 2025 Consolidated Statement of Financial P osition as at December 31, 2023 2023

2022 Restated (Note 26)

Act u al 2025

Actual 2024

Acc u m u lated r emeas ur ement loss at beginning o f yea r Financial Assets Cash and cash equivalents (Note 1) Portfolio investments (Note 2) Accounts receivable (Note 4) Recoverable local improvements (Note 5) Unrealized gain/(loss) attributable to: Portfolio investments Debt reserve fund (Note 6) Inventory available for resale N et r emeas ur ement gain/ ( loss ) at end o f yea r L iabilities Accounts payable and accrued liabilities (Note 7) Asset retirement obligations (Note 8) Realized gain/(loss) reclassified to the statement of operations: Portfolio investments $

$ ( 2,250, 88 5 ) $

(1,313,040)

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

5,515, 8 20

(915,885)

5 6,169

56,169

345, 87 5

(21,960)

33 4 ,300, 8 29

303,286,218

$

3,610, 8 10 $

(2,250,885)

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

Deferred revenue (Note 9) Restricted revenue (Note 10)

Refundable performance deposits and other Employee future benefits (Note 11)

Debt (Note 12)

Net Financial Assets

1 44 ,2 5 6,096

123,674,602

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

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

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

Supplies inventory Prepaid expenses

699, 85 9 1, 477 ,293

610,871 1,456,190

1,232,092, 8 10

1,195,637,378

Accumulated Surplus (Note 15)

$

1,3 7 6,3 48 ,906 $

1,319,311,980

Accumulated surplus is comprised of : Accumulated operating surplus

1,3 77 ,661,9 4 6

1,319,311,980

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 - 2025 Annual Report