125 / 140
115
Surrey Public Library
As at December 31, 2015, with comparative figures for 2014
Operating
Fund
Capital
Fund
2015
2014
FINANCIAL ASSETS
Due from the City of Surrey
(note 2)
$ 1,811,571
$
-
$ 1,811,571
$ 1,689,350
1,811,571
-
1,811,571
1,689,350
LIABILITIES
Employee future benefits
(note 3)
1,908,872
-
1,908,872
1,732,277
Deferred revenue
(note 4)
45,507
-
45,507
83,831
1,954,379
-
1,954,379
1,816,108
NET DEBT
(142,808)
-
(142,808)
(126,758)
NON-FINANCIAL ASSETS
Tangible capital assets
(note 5)
-
5,418,102
5,418,102
5,672,972
Prepaid expenses
95,086
-
95,086
33,758
95,086
5,418,102
5,513,188
5,706,730
Accumulated Surplus (Deficit)
$ (47,722)
$ 5,418,102
$ 5,370,380
$ 5,579,972
STATEMENT OF FINANCIAL POSITION BY FUND
Schedule 1