2025 Annual Report-final June 4

FINANCIAL STATEMENTS

Consolidated Statement of Cash Flow Con s olid at ed S tat e m en t o f C ash F lo w For the year ended December 31, 2025 Ac t u a l For the year ended December 31, 2025 Consolidated Financial Statements Consolidated Statement of Financial P osition as at December 31, 2023 2023 2025

Actual 2024

2022 Restated (Note 26)

Oper at in g t r a n sa c t ion s Annu a l s urplu s It e ms no t u t ili z in g c ash Amortization Accretion expense Financial Assets Cash and cash equivalents (Note 1) Portfolio investments (Note 2) Accounts receivable (Note 4) Recoverable local improvements (Note 5) (Gain) loss on disposal of assets Contributed tangible capital assets Actuarial adjustment on debt Debt reserve fund (Note 6) Inventory available for resale Adjustment to user fees and other revenues C ha n g e in non - c ash oper at in g i t e ms Decrease (increase) in prepaid expenses Decrease (increase) in supplies inventory Increase in accounts receivable Decrease in recoverable local improvements 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 Increase in debt reserve fund Employee future benefits (Note 11) Decrease in accounts payable and accrued liabilities Increase in asset retirement obligation Change in accumulated remeasurement gain/loss Debt (Note 12) Increase (decrease) in refundable performance deposits Increase (decrease) in employee future benefits Restricted revenues recognized Increase in deferred revenue Net Financial Assets 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 obligations Cash used to acquire tangible capital assets Prepaid expenses Accumulated Surplus (Note 15) Supplies inventory Collection of development cost charges and other restricted revenues Accumulated surplus is comprised of : Accumulated operating surplus $ $

$

33,1 99 ,430 $

75,979,446

61,01 5 , 8 63 $

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

30, 78 5,55 9 7 63,4 8 6 3,00 8 ,1 8 4 ( 14,346, 7 1 8 ) (7 1 7 ,60 7 ) ( 6,254,3 9 3) 13,23 8 ,511 - ( 2, 8 56,422) 100,630 ( 36,643) ( 2,1 8 5,04 9 ) 5, 8 61,6 9 5 1, 8 33,654 ( 4,4 97 ,1 7 5) ( 26 7 ,100) ( 1,3 9 6,2 9 4) - 630,66 9 1 9 ,44 7

29,891,313 820,278 1,254,694 (29,238,508) (642,210) (18,713,244) (10,755,096) (27,382,773) (1,143,946) (114,997) (91,071) 107,165 (41,183) (566,318) 1,883,932 (937,845) 3,840,921 1,116,594

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

4,096,252

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

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

45,041,64 7

52,692,925

699, 85 9 1, 477 ,293

610,871 1,456,190

4 8 2,0 9 5

193,361 (114,993)

1,232,092, 8 10

1,195,637,378

( 3,644,6 8 3) ( 3 9 ,625,621) 12,2 9 1, 7 20 ( 30,4 9 6,4 89 )

(52,061,680)

1,3 7 6,3 48 ,906 $

1,319,311,980

8,345,067 (43,638,245)

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

I nve st in g t r a n sa c t ion Decrease in portfolio investments

26,31 8

38,854,382

F in a ncin g t r a n sa c t ion Debt repayment

( 3, 7 02, 9 54)

(3,651,533)

Scott Hartman

Trevor Thompson, BBA, CPA, CGA

I ncre 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, 8 6 8 ,522 105,2 7 3,3 9 2 116,141, 9 14 $

44,257,529 61,015,863 105,273,392

$

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 - 2025 Annual Report

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