130 / 150
As at December 31, 2014, with comparative figures for 2013
74
Schedule 1
statement of financial position by fund
Surrey Public Library
Operating
Fund
Capital
Fund
2014
2013
FINANCIAL ASSETS
Due from the City of Surrey
(note 2)
$ 1,689,350 $
-
$ 1,689,350
$
1,609,436
1,689,350
-
1,689,350
1,609,436
LIABILITIES
Employee future benefits
(note 3)
1,732,277
-
1,732,277
1,620,610
Deferred revenue
(note 4)
83,831
-
83,831
93,698
1,816,108
-
1,816,108
1,714,308
Net Debt
(126,758)
-
(126,758)
(104,872)
NON-FINANCIAL ASSETS
Tangible capital assets
(note 5)
-
5,672,972
5,672,972
5,834,739
Prepaid expenses
33,758
-
33,758
34,665
33,758
5,672,972
5,706,730
5,869,404
Accumulated Surplus (Deficit)
$ (93,000) $ 5,672,972
$ 5,579,972
$
5,764,532