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STATISTICAL REVIEW
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
2016
2015
2014
2013
2012
$382,805
$424,699
$435,923
$305,724
$312,444
Financial Statistics
(in thousands)
Source: City of Surrey Financial Services Division
2012
2013
2014
2015
2016
Restated
Restated
Restated
Restated
Contribution to/(from) capital from equity
$
274,766 $
368,451 $
490,458 $
305,795
$
355,883
Contribution to/(from) reserves
(124,650)
(152,382)
(299,820)
(122,827)
(139,980)
Transfer to/(from) appropriated surplus
(2,449)
-
-
-
-
Annual Surplus
$
147,667 $
216,069 $
190,638 $
182,968
$
215,903
Financial Assets
$
901,138 $
899,011 $
813,380 $
870,595
$
979,742
Liabilities (excluding Debt)
(552,968)
(566,641)
(580,896)
(609,546)
(696,503)
Debt
(175,478)
(245,579)
(241,976)
(227,918)
(224,562)
Net Financial Assets/(Debt)
$
172,692 $
86,791 $
(9,492) $
33,131
$
58,677
Restricted Reserves/Appropriated Surplus
$
179,516 $
202,353 $
150,070 $
156,038
$
145,970
Internal Borrowing
-
-
(25,536)
(23,213)
(15,040)
Unappropriated Surplus/Committed Funds
83,191
46,946
42,681
87,816
110,393
Tangible Capital Assets (net of debt)
7,308,753
7,538,230
7,810,952
7,940,493
8,135,714
Accumulated Surplus
$
7,571,460 $
7,787,529 $
7,978,167 $
8,161,134
$
8,377,037
DEFINITIONS
Annual Surplus/(Deficit)
The statement of operations reports the surplus (or deficit) from
operations in 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.
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 financial debt) to calculate the accumulated
surplus or deficit for the accounting period.
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