Summary Statement of Financial Position

At June 30 2018
$
2017
$
ASSETS
Current assets
    Cash and cash equivalents 8,137,496 9,370,772
    Accounts receivable 145,163 39,411
    Prepaid expenses 89,720 104,948
8,372,379 9,515,131
572,667 622,169
 Intangible assets 22,947 41,955
  595,614 664,124
8,967,993 10,179,255
LIABILITIES
Current liabilities
    Accounts payable and accrued liabilities 1,968,440 1,936,826
    Deferred revenue 3,595,226 4,443,537
5,536,666 6,380,363
Deferred lease incentives 7,678 15,113
5,571,344 6,395,476
NET ASSETS
Invested in capital and intangible assets 595,614 664,124
Internally restricted 750,000 750,000
Unrestricted 2,051,035 2,369,655
3,396,649 3,783,779
8,967,993 10,179,255

Complete audited statements are available to Members upon request to the Office of the Registrar.

Summary Statement of Financial Position

At June 30 2018
$
2017
$
ASSETS
Current assets 8,137,496 9,370,772
Cash and cash equivalents 145,163 39,411
Prepaid expenses 89,720 104,948
8,372,379 9,515,131
Capital assets 572,667 622,169
Intangible assets 22,947 41,955
595,614 664,124
8,967,993 10,179,255
LIABILITIES
Current liabilites
Accounts payable and accrued liabilities 1,968,440 1,936,826
Deferred revenue 3,595,226 4,443,537
5,536,666 6,380,363
Deferred lease incentives 7,678 15,113
5,571,344 6,395,476
NET ASSETS
Invested in capital and intangible assets 595,614 664,124
Internally restricted 750,000 750,000
Unrestricted 2,051,035 2,369,655
3,395,649 3,783,779
8,967,993 10,179,255

Complete audited statements are available to Members upon request to the Office of the Registrar.