Workplace Safety & Prevention Services | 20
Workplace Safety & Prevention Services
Statement of Changes in Net Assets (Deficiency)
For the year ended March 31, 2021
The accompanying notes are an integral part of these financial statements.
2021 2020
Contributed
surplus
$
Invested
in capital
assets
$
Internally
restricted
$
Deficit
$
Total
$
Total
$
(note 9)
Net assets (deficiency) –
Beginning of year
48,776 116,779 21,616,687 (879,534) 20,902,708 12,790,590
Surplus (shortfall) of revenue
over expenditures - - - 190,663 190,663 (6,293,082)
Employee future benefits
remeasurements (note 8) - - - (1,402,900) (1,402,900) 14,405,200
Capital asset activity – net - (116,779) - 116,779 - -
Investment writeoff (note4) - - - (24,765) (24,765) -
Transfer of pension liability
(note 8) - - - (1,667,000) (1,667,000) -
Interfund transfer (note 9) - - (3,099,187) 3,099,187 - -
Net assets (deficiency) –
End of year
48,776 - 18,517,500 (567,570) 17,998,706 20,902,708
