Workplace Safety & Prevention Services
Notes to Financial Statements
March 31, 2018
25 | WSPS.CA/AnnualReport
8 DEFERRED REVENUE
Deferred revenue from WSIB in the current year consists of funding received from WSIB to be used towards costs of
leased premises.
9 DEFERRED CAPITAL CONTRIBUTIONS
Deferred capital contributions represent the unamortized amount of contributions received for the purchase of capital assets.
2018
$
2017
$
Balance – Beginning of year 174,543 230,248
Amortization of deferred capital contributions (44,564) (55,705)
129,979 174,543