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To be read in conjunction with the Notes to the Financial Statements
Surrey Public Library
For the year ended December 31, 2014, with comparative figures for 2013
Statement of Cash Flows
2014
2013
CASH PROVIDED BY (USED IN):
OPERATIONAL ACTIVITY
Annual Deficit
$
(184,560)
$ (160,926)
Items not involving cash
Amortization expense
2,035,991
2,049,050
Employee future benefits expense
(note 3)
221,667
255,958
Change in non-cash assets and liabilities
Decrease in prepaid expenses
907
25,362
Decrease in deferred revenue
(9,867)
(93,615)
Increase in Due from the City of Surrey
(79,914)
(70,942)
Employee Future Benefits paid by the City of Surrey
(note 3)
(110,000)
(60,700)
Net change in cash from operating activities
1,874,224
1,944,187
CAPITAL ACTIVITY
Cash used to acquire tangible capital assets
(1,874,224)
(1,944,187)
Net change in cash from capital activity
(1,874,224)
(1,944,187)
Net change in cash
$
-
$
-
Cash, beginning of year
-
-
Cash, end of year
$
-
$
-