PEILCC 2023 Annual Report

PRINCE EDWARD ISLAND LIQUOR CONTROL COMMISSION Statement of Changes in Equity Year Ended March 31, 2023

2023

2022

Retained earnings - beginning of year

$

-

$

-

25,171,307

Net income (Statement 5)

24,913,541

25,171,307 (25,171,307)

24,913,541 (24,913,541)

Annual income distribution to Province of Prince Edward Island

Retained earnings - end of year

$

-

$

-

PLEASE DON’T DRINK & DRIVE

Notes 1 - 20 are an integral part of these financial statements 4

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PEILCC 2022-2023 Annual Report