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WSPS 2017 Annual Report

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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

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