Workplace Safety & Prevention Services | 18
Workplace Safety & Prevention Services
Statement of Financial Position
As at March 31, 2021
Approved on Behalf of the Executive Board
___________________________________ ___________________________________
Lynn Brownell Marianne Matichuk
Director Director
The accompanying notes are an integral part of these financial statements.
2021
$
2020
$
Assets
Current assets
Cash and cash equivalents 12,445,069 1,351,360
Short-term investments (note 3) 9,005,254 23,664,053
Accounts receivable 2,198,849 4,481,522
Prepaid expenses 297,999 484,195
23,947,171 29,981,130
Advances to related party (note 12)
1,843,225 -
Long-term investments (note 3)
19,667,713 14,178,439
Investment in CHSI (note 4)
- 2,478,067
Capital assets (note 5) 50,335 308,630
45,508,444 46,946,266
Liabilities
Current liabilities
Accounts payable and accrued liabilities 3,617,551 4,612,529
Customer deposits 598,392 968,526
4,215,943 5,581,055
Attendance credits and exit benefits (note 7)
127,560 203,783
Deferred revenue
- 146,469
Deferred capital contributions
50,335 191,851
Employee future benefits (note 8)
23,115,900 19,920,400
27,509,738 26,043,558
Net Assets (note 13)
Contributed surplus
48,776 48,776
Invested in capital assets
- 116,779
Internally restricted (note 9)
18,517,500 21,616,687
Deficit
(567,570) (879,534)
17,998,706 20,902,708
45,508,444 46,946,266
Commitments (notes 11 and 12)
