Workplace Safety & Prevention Services | 16 "The accompanying notes are an integral part of these financial statements."
Workplace Safety & Prevention Services Statement of Financial Position
As at March 31, 2018
2018
$
2017
$
Assets
Current assets
Cash and cash equivalents 1,372,716 1,713,121
Short-term investments (note 3) 39,999,803 30,289,323
Accounts receivable 1,935,829 1,963,470
Prepaid expenses 697,497 818,195
44,005,845 34,784,109
Long-term investments (note 3) 5,000,000 12,200,000
Investment in CHSI (note 4) 3,422,322 2,877,665
Capital assets (note 5) 503,493 676,425
52,931,660 50,538,199
Liabilities
Current liabilities
Accounts payable and accrued liabilities 4,423,198 3,707,354
Customer deposits 2,084,187 2,176,157
6,507,385 5,883,511
Attendance credits and exit benefits (note 7) 186,767 186,767
Deferred revenue (note 8) 146,469 146,469
Deferred capital contributions (note 9) 129,979 174,543
Employee future benefits (note 10) 31,048,300 28,566,200
38,018,900 34,957,490
Net Assets
Contributed surplus 48,776 48,776
Invested in capital assets 373,514 501,882
Internally restricted (note 11) 15,984,881 16,814,424
Deficit (1,494,411) (1,784,373)
14,912,760 15,580,709
52,931,660 50,538,199
Commitments (notes 13 and 14)
Approved on Behalf of the Executive Board:
George J. R. McClean Lynn Brownell
Director Director
