Workplace Safety & Prevention Services
Statement of Changes in Net Assets (Deficiency)
For the year ended March 31, 2020
The accompanying notes are an integral part of these financial statements.
2020 2019
Contributed
surplus
$
Invested
in capital
assets
$
Internally
restricted
$
Deficit
$
Total
$
Total
$
(note 11)
Net assets (deficiency) –
Beginning of year
48,776 245,146 14,332,348 (1,835,680) 12,790,590 14,912,760
Shortfall of revenue over
expenditures - - - (6,293,082) (6,293,082) (1,157,570)
Employee future benefits
remeasurements (note
10) - - - 14,405,200 14,405,200 (964,600)
Capital asset activity – net - (128,367) - 128,367 - -
Interfund transfer (note 11) - - 7,284,339 (7,284,339) - -
Net assets (deficiency) –
End of year
48,776 116,779 21,616,687 (879,534) 20,902,708 12,790,590
Workplace Safety & Prevention Services | 22
