Annual Report 2022

For the year ended December 31, 2022 Consolidated Statement of Cash Flow Consolidated Statement of Cash Flow For the year ended December 31, 2022 Actual

Actual

2022

2021

Operating transactions Annual surplus Items not utilizing cash Amortization Loss on disposal of assets

$

41,801,232 $

33,662,359

26,466,120 149,126 (17,560,027) (500,883) (7,969,147) (452,839) (77,254) (9,045,508) 157,728 (25,056) 529,908 1,410,145 1,524,688 (283,600) (6,261,788) 585,189

23,863,066 1,065,038 (16,435,062) (440,357) (4,550,168) 3,502,517 (150,135) (71,664) (1,205,428) 403,071 (307,415) 3,987,620 2,779,302 5,471,404 (202,900) 10,703,855

Contributed tangible capital assets Actuarial adjustment on debt Restricted revenues recognized Change in non-cash operating items Increase in prepaid expenses Increase in supplies inventory Decrease (increase) in accounts receivable Decrease in recoverable local improvements

Increase in other assets

Increase (decrease) in accounts payable and accrued liabilities Increase (decrease) in deferred revenue Increase (decrease) in refundable performance deposits

(Decrease) in employee future benefits

36,124,633

Cash provided by operating transactions

47,868,731

Capital transactions Proceeds on disposal of tangible capital assets Cash used to acquire tangible capital assets

34,149

139,110

(32,608,999) (32,574,850)

(41,009,614) (40,870,504)

Investing transactions Proceeds on disposal of land available for sale (Increase) decrease in portfolio investments

-

500,000

(102,368,965) (102,368,965)

(60,562,493) (60,062,493)

Financing transactions Proceeds from debt issues

-

29,000,000 (2,260,235) 11,894,417 38,634,182 (14,430,084) 130,961,876 116,531,792

(3,544,334) 8,764,780 5,220,446

Debt repayment

Collection of restricted revenues

(Decrease) increase in cash and cash equivalents Cash and cash equivalents - beginning of year Cash and cash equivalents - end of year

(93,598,736) 116,531,792 22,933,056 $

$

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 - 2022 Annual Report 43