Tourism Chilliwack Inc. Financial Statements
TOURISM CHILLIWACK INC.
Statement of Cash Flows
Year ended December 31, 2013, with comparative information for 2012
2013
2012
Cash provided by (used in):
Operating activities:
Annual surplus
$
24,996 $
76,663
Item not involving cash:
Amortization of tangible capital assets
19,471
23,855
44,467
100,518
Change in non-cash operating assets and liabilities:
Accounts receivable
(32,590)
(18,981)
Inventories
263
335
Prepaid expenses and deposits
12,246
(9,452)
Accounts payable and accrued liabilities
20,509
24,069
Due to City of Chilliwack
(2,660)
125,643
Deferred revenue
28,552
(22,063)
70,787
200,069
Capital activities:
Acquisition of tangible capital assets
(11,682)
(30,181)
Investing activities:
Change in long-term investments
(12,622)
(3,062)
Increase in cash
46,483
166,826
Cash, beginning of year
302,428
135,602
Cash, end of year
$ 348,911 $ 302,428
See accompanying notes to financial statements.
77
2013 Annual Report
