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Financial Statistics
(in thousands)
Source: City of Surrey Financial Services Division
2011
2012
2013
2014
2015
Contribution to / (from) capital from equity
$ 200,199
$ 274,766
$ 368,451
$ 490,458
$ 305,794
Contribution to / (from) reserves
(87,183)
(124,650)
(152,382)
(299,820)
(122,827)
Transfer to / (from) appropriated surplus
(1,911)
(2,449)
-
-
-
Annual Surplus
$ 111,105
$ 147,667
$ 216,069
$ 190,638
$ 182,967
Accumulated Surplus
$ 7,430,302
$ 7,578,751
$ 7,794,820
$ 7,985,458
$ 8,168,425
Net Financial Assets
$ 288,362
$ 172,692
$
86,791
$
(9,492)
$
33,131
DEFINITIONS
Annual Surplus / (Deficit)
The statement of operations reports the surplus (or deficit)
from operations in the accounting period.
Accumulated Surplus / (Deficit)
Financial assets can be used to discharge liabilities or provide
services, while non-financial assets can normally be used
only for service provision to accomplish its future objectives.
Non-financial assets are added to net financial assets (or net
debt) to calculate the accumulated surplus or deficit for the
accounting period.
Net Financial Assets / (Net Debt)
Net debt is measured as the difference between a
government's liabilities and financial assets. Net debt provides
a measure of the future revenues required to pay for past
transactions and events. If the government's financial assets
exceed its liabilities, then the indicator is a net financial asset
position, indicating that there are net financial assets on hand,
which can provide financial resources to finance
future operations.
Net Tangible Capital Asset Acquisitions
(in thousands)
Source: City of Surrey Financial Services Division
$0
$100,000
$200,000
$300,000
$400,000
$500,000
2015
2014
2013
2012
2011
$252,618
$382,805
$424,699
$435,923
$305,724
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STATISTICAL REVIEW