64 / 140
As at December 31, 2015, with comparative figures for 2014
[in thousands of dollars]
To be read in conjunction with the Notes to the Consolidated Financial Statements
54
2015
Budget
2015
2014
(note 24)
(recast - note 3)
ANNUAL SURPLUS
$ 286,274
$ 182,967
$ 190,638
Acquisition of tangible capital assets
(451,745)
(338,776)
(456,855)
Amortization of tangible capital assets
127,894
116,837
108,440
Loss on disposal of tangible capital assets
-
10,134
15,265
Proceeds on disposal of tangible capital assets
-
7,506
5,887
(37,577)
(21,332)
(136,625)
Acquisition of inventories of supplies
-
(857)
(1,011)
Consumption of inventories of supplies
-
1,011
1,010
Acquisition of prepaid expenses
-
(3,997)
(3,962)
Use of prepaid expenses
-
3,962
3,299
Transfer to properties held-for-sale
-
63,836
41,006
-
63,955
40,342
CHANGE IN NET FINANCIAL ASSETS (DEBT)
(37,577)
42,623
(96,283)
Net financial assets (debt), beginning of year
(9,492)
(9,492)
86,791
Net financial assets (debt) , end of year
$ (47,069)
$33,131
$
(9,492)
CONSOLIDATED STATEMENT OF CHANGES IN NET FINANCIAL ASSETS (DEBT)
City of Surrey