Basic HTML Version
TOURISM CHILLIWACK INC.
Statement of Change in Net Financial Assets
Year ended December 31, 2012, with comparative figures for 2011
2012
2012
2011
Budget
Actual
Actual
(Unaudited)
Annual surplus
$
26,992 $
76,663 $
17,459
Acquisition of tangible capital assets
-
(30,181)
(7,394)
Amortization of tangible capital assets
27,061
23,855
20,907
27,061
(6,326)
13,513
Change in inventories
-
335
4,854
Change in prepaid expenses and deposits
-
(9,452)
1,717
-
(9,117)
6,571
Change in net financial assets
54,053
61,220
37,543
Net financial assets, beginning of year
283,630
283,630
246,087
Net financial assets, end of year
$ 337,683 $ 344,850 $ 283,630
See accompanying notes to financial statements.
tourism chilliwack inc. financial statements
78
city of chilliwack
| 2012 annual municipal report