Workplace Safety & Prevention Services 2012 Annual Report
22
For the year
ended
December 31 2012 2011
Internally
Resticted Internally
for CHSI Restricted Invested
Capital for Long Contributed in Capital
Expenditures Term Plans Surplus Assets Unrestricted Total Total
Net assets,
beginning
of year $ – $ – $ 48,776 $ 1,348,572 $ 2,289,348 $ 3,686,696 $ 2,265,992
Excess
(deficiency)
of revenue
over expenses 283,158 – – (214,671) 2,113,400 2,181,887 1,420,704
Transfer to
internally
restricted funds
(Notes 16 and 17) 760,138 750,000 – – (1,510,138) – –
Net assets,
end of year $ 1,043,296 $ 750,000 $ 48,776 $ 1,133,901 $2,892,610 $5,868,583 $ 3,686,696
Workplace Safety & Prevention Services
Statement of Changes in Net Assets
The accompanying notes are an integral part of these financial statements
