CAnFR 2017 Full Report

Consolidated Financial Statements

Consolidated Statement of Financial Position as at December 31, 2017

2017

2016

Financial Assets Cash and cash equivalents (Note 1) Portfolio investments (Note 2)

$

27,631,877 $

19,542,094 158,579,174 16,981,661

187,717,851 14,663,433

Accounts receivable (Note 3)

Recoverable local improvements (Note 4)

1,126,247

1,211,936

Other assets (Note 5)

763,208

779,296

Inventory available for resale

3,579,094

4,304,688

235,481,710

201,398,849

Liabilities Accounts payable and accrued liabilities (Note 6)

20,795,751 14,198,182 39,633,654 23,403,713 4,567,300 28,273,707 130,872,307

18,649,403 11,238,972 33,401,914 15,853,204 4,704,700 31,204,532 115,052,725

Deferred revenue (Note 8) Restricted revenue (Note 9)

Refundable performance deposits and other

Employee future benefits (Note 10)

Debt (Note 11, Schedule 4)

Net Financial Assets

104,609,403

86,346,124

Non Financial Assets Tangible capital assets (Note 12, Schedule 5) Undeveloped land bank properties (Note 13)

976,145,224 15,526,529

960,396,101 15,526,529

Supplies inventory Prepaid expenses

363,885

355,162

1,294,624

1,277,835

993,330,262

977,555,627

Accumulated Surplus (Note 14)

$ 1,097,939,665 $ 1,063,901,751

Paul Gill, BBA, CPA, CGA Chief Administrative Officer

Trevor Thompson, BBA, CPA, CGA

Chief Financial Officer

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 - 2017 Annual Report Page 38