MANITOBA TRADE AND INVESTMENT CORPORATION ANNUAL REPORT 2012/13 SOCIÉTÉ DU COMMERCE ET DE L'INVESTISSEMENT DU MANITOBA RAPPORT ANNUEL 2012/13
|
|
- Mary Woods
- 8 years ago
- Views:
Transcription
1 MANITOBA TRADE AND INVESTMENT CORPORATION ANNUAL REPORT 2012/13 SOCIÉTÉ DU COMMERCE ET DE L'INVESTISSEMENT DU MANITOBA RAPPORT ANNUEL 2012/13
2 Board of Directors Conseil d administration Hugh Eliasson Chair / Président Don Callis Vice-Chair, President & CEO Vice-président/président-directeur général Craig Halwachs Director Membre du conseil The Manitoba Trade and Investment Corporation (MTIC) is a provincial agency of Manitoba Entrepreneurship, Training and Trade. As an administrative mechanism, the Corporation supports the economic priority of building the Manitoba economy through increased exports and industry investment. The Corporation facilitates cost-sharing partnerships for specific projects and provides administrative support for missions by collecting revenues and paying related expenditures. La Société du commerce et de l investissement du Manitoba est un organisme provincial qui relève de l Entreprenariat, Formation professionnelle et Commerce Manitoba. En tant que mécanisme administratif, la Société soutient la priorité économique d agrandir l économie du Manitoba par l augmentation des exportations et des investissements dans les industries manitobaines. La Société facilite les partenariats financiers pour des projets précis et offre un soutien administratif pour les missions d affaires par le recouvrement des recettes et du paiement des dépenses liées aux projets.
3 The Honourable Philip S. Lee, C.M., O.M. Lieutenant Governor of Manitoba Room 235, Legislative Building Winnipeg MB R3C 0V8 Your Honour: I am pleased to present the Annual Report for Manitoba Trade and Investment Corporation for the fiscal year ending March 31, Respectfully submitted, Original signed by Peter Bjornson Minister
4 L honorable Philip S. Lee, C.M., O.M. Lieutenant-gouverneur du Manitoba Palais législatif, bureau 235 Winnipeg (Manitoba) R3C 0V8 Monsieur le Lieutenant-gouverneur: J'ai le plaisir de présenter à Votre Honneur le rapport annuel de la Société du commerce et de l investissement du Manitoba pour l exercice se terminant le 31 mars Je vous prie d'agréer, Monsieur le Lieutenant-gouverneur, l'expression de mon profond respect. Original signé par Peter Bjornson Ministre
5 Portage Avenue Winnipeg, MB CANADA R3B 3P4 Phone (204) Fax (204) Minister of Entrepreneurship, Training and Trade Room 333 Legislative Building Winnipeg, Manitoba R3C 0V8 Dear Minister: It is our pleasure to submit the Annual Report of the Manitoba Trade and Investment Corporation for the fiscal year ended March 31, 2013, as required by Section 15 of the Manitoba Trade and Investment Corporation Act. Respectfully submitted, Original signed by Hugh Eliasson Chair Original signed by Don Callis President
6 Portage Avenue Winnipeg, MB CANADA R3B 3P4 Phone (204) Fax (204) Ministre de l'entreprenariat, Formation professionnelle et Commerce Manitoba Palais législatif, bureau 333 Winnipeg (Manitoba) R3C 0V8 Monsieur le ministre: Nous avons le plaisir de vous présenter le rapport annuel de la Société du commerce et de l investissement du Manitoba pour l exercice qui s est terminé le 31 mars 2013, tel que le stipule l article 15 de la Loi sur la Société du commerce et de l investissement du Manitoba. C'est avec respect, Monsieur le ministre, que nous vous soumettons ce document. Le président, Le président, Original signé par Hugh Eliasson Original signé par Don Callis
7
8 Manitoba Trade and Investment Corporation Financial Statements March 31, 2013
9 Original signed by
10 Original signed by
11 Original signed by Chair of the Board Original signed by Financial Offi cer
12 MANITOBA TRADE AND INVESTMENT CORPORATION Statement of Operations and Changes in Net Assets For the year ended March Revenue Participation fees $ 531,891 $ 312,826 Interest 5,470 6, , ,076 Expenses Professional fees 7,792 8,287 Program 417, , , ,784 Excess of revenue over expenses for the year 112,256 20,292 Net assets, beginning of year 376, ,584 Net assets, end of year $ 489,132 $ 376,876 The accompanying notes are an integral part of these financial statements. 5
13 MANITOBA TRADE AND INVESTMENT CORPORATION Statement of Cash Flows For the year ended March Cash Flows from Operating Activities Excess of revenue over expenses for the year $ 112,256 $ 20,292 Changes in non-cash working capital Accounts receivable 172,501 (230,892) Accounts payable and accrued liabilities (166) 353 Deferred revenue (3,197) (33,452) 281,394 (243,699) Cash Flows from Investing Activities - - Cash Flows from Financing Activities - - Cash Flows from Capital Activities - - Net increase (decrease) in cash and bank 281,394 (243,699) Cash and bank, beginning of year 140, ,140 Cash and bank, end of year $ 421,835 $ 140,441 The accompanying notes are an integral part of these financial statements. 6
14 MANITOBA TRADE AND INVESTMENT CORPORATION Notes to Financial Statements For the year ended March 31, Nature of the Organization and Summary of Significant Accounting Policies (a) Nature of the Organization The Manitoba Trade and Investment Corporation (the Corporation) was formed by an Act of the Legislature in The objectives of the Corporation, as set out in the Act, are to: encourage, promote, develop and increase Manitoba exports and trade; promote investment in Manitoba; and promote international business opportunities for Manitoba businesses and assist Manitoba businesses in promoting those business opportunities. The Corporation is economically dependent on the Province of Manitoba as all project deficits incurred by the Corporation are recovered from the Province. (b) Basis of Accounting The financial statements of the Corporation have been prepared in accordance with Canadian public sector accounting standards for government not-for-profit organizations as established by the Public Sector Accounting Board. (c) Revenue Recognition The Corporation follows the deferral method of accounting for contributions. Participation fees are recognized as revenue in the same period that the shows, seminars and projects sponsored by the Corporation are actually held. Fees received in advance of event days are reflected as deferred revenue. (d) Financial Instruments Financial instruments are recorded at fair value when acquired or issued. In subsequent periods, financial assets with actively traded markets are reported at fair value, with any unrealized gains and losses reported in income. All other financial instruments are reported at cost or amortized cost less impairment, if applicable. Financial assets are tested for impairment when changes in circumstances indicate the asset could be impaired. transaction costs on the acquisition, sale or issue of financial instruments are expensed for those items remeasured at fair value at each balance sheet date and charged to the financial instrument for those measured at amortized cost. (e) Use of Estimates The preparation of financial statements in accordance with Canadian public sector accounting standards for not-for-profit organizations requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingencies at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates as additional information becomes available in the future. 7
15 MANITOBA TRADE AND INVESTMENT CORPORATION Notes to Financial Statements For the year ended March 31, Investment Funds available for investment are invested with the Province of Manitoba. A term deposit for the principal amount of $500,000 will mature on March 31, 2014 with an interest rate of 1.06%. 3. Deferred Revenue Deferred revenue represents fees received in advance of event days for specific trade projects. Changes in the deferred balance are as follows: Balance, beginning of year $ 7,697 $ 41,149 Less amounts recognized as revenue in the year 7,697 41,149 Add amounts received during the year and deferred at year end 4,500 7,697 Balance, end of year $ 4,500 $ 7, Operating Advance Payable The Corporation has $500,000 in non-interest bearing working capital advance from the Province of Manitoba. The advances are payable on demand. 5. Contributed Services During the year, the Province of Manitoba provided office space and other administrative services to the Corporation at nil cost. Because of the difficulty of estimating the fair value of such expenses, no contributed services are recognized in the financial statements. 6. Related Party Transactions The Corporation is related in terms of common ownership to all departments, Crown organizations and government enterprises created by the Province of Manitoba. The Corporation enters into transactions with these entities in the normal course of business. The Corporation records these transactions at the exchange amount which is the amount agreed upon by both parties. During the year, the Corporation received interest revenue in the amount of $5,470 from funds invested with the Province of Manitoba. 8
16 MANITOBA TRADE AND INVESTMENT CORPORATION Notes to Financial Statements For the year ended March 31, Financial Instrument Risk Management The Corporation is exposed to different types of risk in the normal course of operations, including credit risk and market risk. The Corporation's objective in risk management is to optimize the risk return trade-off, within set limits, by applying integrated risk management and control strategies, policies and procedures throughout the Corporation's activities. Credit Risk Credit risk is the risk that one party to a financial instrument fails to discharge an obligation and causes financial loss to another party. Financial instruments which potentially subject the Corporation to credit risk consist principally of cash and bank, accounts receivable and investment. In case of an outstanding payment the Trade Officer responsible for the project deals directly with the company representative. Companies participation in future trade shows and Manitoba Trade and Investment events are suspended until payment is made. All the outstanding accounts are reviewed by the Board of Directors (Board) during each Board meeting. The Board is notified if there is any issue that arise due to a payment not being received. In case of an issue arising due to the non-collection of a payment, it is brought to the attention of the Board and they will discuss and recommend the next course of action. Liquidity Risk Liquidity risk is the risk that the Corporation will encounter difficulty in meeting financial obligations as they become due, and arises from the Corporation's management of working capital. The Corporation's policy is to ensure that it will have sufficient cash to allow it to meet its liabilities when they become due. Market Risk Market risk is the risk the fair value of future cash flows of a financial instrument will fluctuate because of changes in market prices. Market risk comprises three types of risk: interest rate risk, foreign exchange risk and other price risk. Interest rate risk is the risk that the value of a financial instrument will fluctuate due to changes in market interest rates. The Corporation is not exposed to significant interest rate risk as its cash and investment are held in short-term or variable rate products. The Corporation is not exposed to significant foreign currency risk as it does not have any financial instruments denominated in foreign currency. The Corporation is not exposed to other price risk since it does not hold any financial instruments traded on a market. 9
17 MANITOBA TRADE AND INVESTMENT CORPORATION Notes to Financial Statements For the year ended March 31, Public Sector Compensation Disclosure The Public Sector Compensation Disclosure Act requires disclosure of the aggregate compensation paid to the Corporation s Board members and of individual compensation paid to Board members or staff, where such compensation is $50,000 or more per year. During the current and prior year, there was no compensation paid to Board members. The Corporation no longer has employees as of January 19, First-time Adoption Effective April 1, 2012, the Corporation adopted the requirements of the new accounting framework, Canadian Public Sector Accounting Standards for Government Not-for-Profit Organizations (PSAB for NPOs). These are the organization's first financial statements prepared in accordance with this framework and the transitional provisions of Section 2125, First-time adoption by Government Organizations have been applied. Section 2125 requires retrospective application of the accounting standards with certain elective exemptions and mandatory exceptions. The accounting policies set out in Note 1, with the exception of financial instruments, have been applied in preparing the financial statements for the year ended March 31, 2013, the comparative information presented in these financial statements for the year ended March 31, 2012 and in the preparation of an opening PSAB for NPOs statement of financial position at the date of transition of April 1, As described below, the accounting policies for financial instruments have only been applied in preparing the financial statements for the year ended March 31, No exemptions were used at the date of transition to PSAB for NPOs. The Corporation issued financial statements for the year ended March 31, 2012 using Canadian generally accepted accounting principles prescribed by the CICA Handbook - Accounting Part V - Pre-changeover Accounting Standards. The adoption of PSAB for NPOs resulted in no adjustments to the previously reported assets, liabilities, net assets, excess of revenue over expenses and cash flows of the Corporation. Financial Instruments On April 1, 2012, the Corporation adopted the Public Sector Accounting Handbook Section Financial Instruments, and Financial Statement Presentation. The new standards address the classification, recognition and measurement of financial instruments and is effective for years beginning on or after January 1, The accounting change did not result in any adjustments. These sections have been applied prospectively; as a result, comparative amounts are presented in accordance with the accounting policies applied by the Corporation immediately preceding its adoption of PSAB for NPOs. 10
18 Manitoba Trade and Investment Corporation thanks our many friends and partners throughout Canada and the world for their help and encouragement in 2012/13. We look forward to continuing good relations in the coming year. Nous remercions tous nos partenaires pour leur assistance et encouragement en 2012/13.
Financial Statements March 31, 2014
MANITOBA DEVELOPMENT CORPORATION Annual Report March 2014 MANITOBA DEVELOPMENT CORPORATION Financial Statements March 31, 2014 His Honour The Honourable Philip S. Lee, C.M., O.M. Lieutenant Governor of
More informationThe Cooperative Promotion Board
Annual Report 2011-2012 The Cooperative Promotion Board Minister of Housing and Community Development Room 358 Legislative Building Winnipeg, Manitoba, CANADA R3C 0V8 The Honourable Philip S. Lee, C.M.,
More informationTRADES TRAINING CONSORTIUM OF BRITISH COLUMBIA
Financial Statements of TRADES TRAINING CONSORTIUM OF BRITISH COLUMBIA Year ended March 31, 2015 KPMG LLP Chartered Accountants Metrotower II Suite 2400-4720 Kingsway Burnaby BC V5H 4N2 Canada Telephone
More informationFinancial Statements of RED RIVER COLLEGE. Year ended June 30, 2009
Financial Statements of RED RIVER COLLEGE KPMG LLP Telephone (204) 957-1770 Chartered Accountants Fax (204) 957-0808 Suite 2000 One Lombard Place Internet www.kpmg.ca Winnipeg MB R3B 0X3 Canada AUDITORS'
More informationHEALTHCARE EMPLOYEES BENEFITS PLAN - MANITOBA - EMPLOYEE ASSISTANCE PLAN
Financial Statements of HEALTHCARE EMPLOYEES BENEFITS PLAN - MANITOBA - EMPLOYEE ASSISTANCE PLAN KPMG LLP Suite 2000 - One Lombard Place Winnipeg MB R3B 0X3 Canada Telephone Fax Internet (204) 957-1770
More informationMANITOBA DENTAL ASSISTANTS ASSOCIATION Financial Statements December 31, 2011
Financial Statements December 31, 2011 December 4, 2012 INDEPENDENT AUDITORS' REPORT To the Directors of Manitoba Dental Assistants Association We have audited the accompanying financial statements of
More informationNOVA SCOTIA STRATEGIC OPPORTUNITIES FUND INCORPORATED MARCH 31, 2013 FINANCIAL STATEMENTS. ColUns Barrow. Chartered Acaorntarrta
NOVA SCOTIA STRATEGIC OPPORTUNITIES FUND INCORPORATED FINANCIAL STATEMENTS MARCH 31, 2013 ColUns Barrow Chartered Acaorntarrta NOVA SCOTIA STRATEGIC OPPORTUNITIES FUND INCORPORATED INDEX MARCH 31, 2013
More informationRAPID TRANSIT PROJECT 2000 LTD.
Financial Statements of RAPID TRANSIT PROJECT 2000 LTD. KPMG LLP Chartered Accountants St. Andrew s Square II 800-730 View Street Victoria BC V8W 3Y7 Canada Telephone (250) 480-3500 Telefax (250) 480-3539
More informationNOVA SCOTIA STRATEGIC OPPORTUNITIES FUND INCORPORATED
NOVA SCOTIA STRATEGIC OPPORTUNITIES FUND INCORPORATED FINANCIAL STATEMENTS MARCH 31, 2014 NOVA SCOTIA STRATEGIC OPPORTUNITIES FUND INCORPORATED INDEX MARCH 31, 2014 INDEPENDENT AUDITORS REPORT 1 STATEMENT
More informationCanadian Tire Jumpstart Charities
Financial statements of Canadian Tire Jumpstart Charities Table of contents Independent Auditor s Report... 1-2 Statement of operations... 3 Statement of changes in fund balances... 4 Balance sheet...
More informationJUSTICE INSTITUTE OF BRITISH COLUMBIA
Financial Statements of JUSTICE INSTITUTE OF BRITISH COLUMBIA ABCD KPMG LLP Chartered Accountants Box 10426, 777 Dunsmuir Street Vancouver BC V7Y 1K3 Telephone (604) 691-3000 Telefax (604) 691-3031 Internet
More informationCanadian Tire Jumpstart Charities
Financial statements of Canadian Tire Jumpstart Charities Table of contents Independent Auditor s Report... 1-2 Statement of operations... 3 Statement of changes in fund balances... 4 Balance sheet...
More informationDraft for discussion purposes. April 14, 2014 FINANCIAL STATEMENTS DRAFT EXCELLENCE CANADA. December 31, 2013
Draft for discussion purposes April 14, 2014 FINANCIAL STATEMENTS EXCELLENCE CANADA CONTENTS Page INDEPENDENT AUDITOR'S REPORT 1 FINANCIAL STATEMENTS Balance sheet 3 Statement of changes in net assets
More informationFinancial Statements. Canadian Baptist Ministries December 31, 2014
Financial Statements Canadian Baptist Ministries INDEPENDENT AUDITORS' REPORT To the Members of Canadian Baptist Ministries We have audited the accompanying financial statements of Canadian Baptist Ministries,
More informationFINANCIAL STATEMENTS. Alberta Beverage Container Recycling Corporation. Contents
1 FINANCIAL STATEMENTS Alberta Beverage Container Recycling Corporation Contents 2 Independent Auditor s Report 3 Statement of Operations and Changes in Net Assets 4 Statement of Financial Position 5 Statement
More informationCAPE BRETON BUSINESS PARTNERSHIP INC.
Financial Statements of CAPE BRETON BUSINESS PARTNERSHIP INC. INDEPENDENT AUDITORS' REPORT To the Directors of Cape Breton Business Partnership Inc. We have audited the accompanying financial statements
More informationPUBLIC SECTOR ACCOUNTING (PSAB) UPDATE 2012
NOVEMBER 2012 WWW.BDO.CA ASSURANCE AND ACCOUNTING PUBLIC SECTOR ACCOUNTING (PSAB) UPDATE 2012 Introduction Over the past year, the Public Sector Accounting Board (PSAB) has made a number of revisions to
More informationAccessible Community Counselling and Employment Services (A.C.C.E.S.) Report and Financial Statements. March 31, 2014
Accessible Community Counselling and Employment Services Report and Financial Statements March 31, 2014 Statement of Financial Position As at March 31 2014 2013 Assets Current Cash and cash equivalents
More informationNOT-FOR-PROFIT ORGANIZATIONS: NEW DIRECTIONS
DECEMBER 2010 WWW.BDO.CA ASSURANCE AND ACCOUNTING NOT-FOR-PROFIT ORGANIZATIONS: NEW DIRECTIONS In December 2010, the Accounting Standards Board (AcSB) and the Public Sector Accounting Board (PSAB) each
More informationbook 4: financials The Law Foundation Of Ontario
book 4: financials The Law Foundation Of Ontario audited financial statements To The Trustees of The Law Foundation of Ontario We have audited the accompanying financial statements of The Law Foundation
More informationPRESIDENT'S CHOICE CHILDREN'S CHARITY/LA FONDATION POUR LES ENFANTS LE CHOIX DU PRÉSIDENT
Financial Statements of PRESIDENT'S CHOICE CHILDREN'S CHARITY/LA FONDATION POUR LES ENFANTS LE KPMG LLP Telephone (416) 228-7000 Chartered Accountants Fax (416) 228-7123 Yonge Corporate Centre Internet
More informationVANCOUVER COMMUNITY COLLEGE
Financial Statements of VANCOUVER COMMUNITY COLLEGE KPMG Enterprise Metrotower II 4720 Kingsway, Suite 2400 Burnaby, BC V5H 4N2 Canada Telephone (604) 527-3600 Fax (604) 527-3636 Internet www.kpmg.ca/enterprise
More informationCollege of Physicians and Surgeons of British Columbia
Financial Statements OF College of Physicians and Surgeons of British Columbia FEBRUARY 29, 2012 Table of contents Independent Auditor s Report... 1 Statement of operations... 2 Statement of changes in
More informationEVA'S INITIATIVES FOR HOMELESS YOUTH
FINANCIAL STATEMENTS Independent Auditor's Report Page 1 Statement of Financial Position 2 Statement of Operations 3 Schedule of Donations, Fundraising and Grants Revenues 4 Statement of Changes in Net
More informationUNDERSTANDING CANADIAN PUBLIC SECTOR FINANCIAL STATEMENTS
June 2014 UNDERSTANDING CANADIAN PUBLIC SECTOR FINANCIAL STATEMENTS www.bcauditor.com TABLE OF CONTENTS Who Will Find this Guide Helpful 3 What a Set of Public Sector Financial Statements Includes 5 The
More informationIndependent Auditors Report
Independent Auditors Report To the Board of Directors of We have audited the accompanying financial statements of Genome British Columbia, which comprise the statement of financial position as at March
More informationFinancial statements. Standardbred Canada (Incorporated under the Animal Pedigree Act) October 31, 2012
Financial statements Standardbred Canada (Incorporated under the Animal Pedigree Act) (Incorporated under the Animal Pedigree Act) Contents Page Independent Auditors Report 1-2 Statement of operations
More informationRE: Perennia Food and Agriculture Incorporated. (iii) There was no communication of audit results to those charged with oversight;
June 30, Ms. Ann McDonald, CA Assistant Auditor General 5161 George Street Royal Centre, Suite 400 Halifax, NS B3J 1M7 Attention: Ms. Dana Jasper, CA Dear Ms. McDonald: RE: Perennia Food and Agriculture
More informationHEALTHCARE EMPLOYEES BENEFITS PLAN - MANITOBA - THE GROUP LIFE INSURANCE PLAN
Financial Statements of HEALTHCARE EMPLOYEES BENEFITS PLAN - MANITOBA - THE GROUP LIFE INSURANCE PLAN KPMG LLP Telephone (204) 957-1770 Chartered Accountants Fax (204) 957-0808 Suite 2000 One Lombard Place
More informationGUYANA GOLDFIELDS INC.
Interim Consolidated Financial Statements MANAGEMENT'S RESPONSIBILITY FOR FINANCIAL REPORTING The accompanying unaudited interim consolidated financial statements of Guyana Goldfields Inc. (An exploration
More informationHow To Audit The Canadian Society For International Health
FINANCIAL STATEMENTS DECEMBER 31, 2014 TABLE OF CONTENTS PAGE Independent Auditor's Report 1 Financial Statements Statement of Operations and Changes in Net Assets 3 Statement of Financial Position 4 Statement
More informationHEALTHCARE EMPLOYEES BENEFITS PLAN - MANITOBA - THE GROUP LIFE INSURANCE PLAN
Financial Statements of HEALTHCARE EMPLOYEES BENEFITS PLAN - MANITOBA - THE GROUP LIFE INSURANCE PLAN KPMG LLP Telephone (204) 957-1770 Chartered Accountants Fax (204) 957-0808 Suite 2000 One Lombard Place
More informationTHE CANADIAN NETWORK FOR INTERNATIONAL SURGERY FINANCIAL STATEMENTS FOR THE YEARS ENDED JUNE 30, 2013 AND 2012
THE CANADIAN NETWORK FOR INTERNATIONAL SURGERY FINANCIAL STATEMENTS FOR THE YEARS ENDED JUNE 30, 2013 AND 2012 INDEPENDENT AUDITORS' REPORT To the Members of: The Canadian Network for International Surgery
More informationHuron University College. Financial Statements April 30, 2012
Financial Statements April 30, June 27, Independent Auditor s Report To the Executive Board of Huron University College We have audited the accompanying financial statements of Huron University College,
More informationSAMPLE PSAB COLLEGE ILLUSTRATIVE FINANCIAL STATEMENTS FIRST-TIME ADOPTER
SAMPLE PSAB COLLEGE ILLUSTRATIVE FINANCIAL STATEMENTS FIRST-TIME ADOPTER Illustrative PSAB Financial Statements The purpose of this publication is to assist colleges in preparing their first Public Sector
More informationFINANCIAL STATEMENTS 2013
452/green [A subsidiary of SaskPower] NorthPoint Energy Solutions Inc. FINANCIAL STATEMENTS 2013 711/red Report of Management The financial statements of NorthPoint Energy Solutions Inc. (NorthPoint)
More informationFinancial Statements. The National Ballet of Canada, Endowment Foundation. June 30, 2014
Financial Statements The National Ballet of Canada, Endowment Foundation June 30, 2014 Contents Page Independent Auditor s Report 1-2 Statement of Financial Position 3 Statement of Operations and Changes
More informationThe Wood s Homes Foundation. Financial Statements December 31, 2014
Financial Statements April 22, 2015 Independent Auditor s Report To the Board of Directors of Wood s Homes Foundation We have audited the accompanying financial statements of Wood s Homes Foundation, which
More informationFinancial Statements of. Canadian Cancer Society, Saskatchewan Division. Year ended January 31, 2015
Financial Statements of Canadian Cancer Society, Saskatchewan Division Independent Auditor s report To the Board of Directors of the Canadian Cancer Society, Saskatchewan Division We have audited the accompanying
More informationChristian Children s Fund of Canada. Financial Statements March 31, 2015
Christian Children s Fund of Canada Financial Statements Index to Financial Statements Page INDEPENDENT AUDITOR S REPORT 1-2 STATEMENT OF FINANCIAL POSITION 3 STATEMENT OF OPERATIONS 4 STATEMENT OF CHANGES
More informationFinancial Statements of
Financial Statements of For the year ended March 31, 2015 KPMG LLP Chartered Accountants Telephone (604) 854-2200 32575 Simon Avenue Fax (604) 853-2756 Abbotsford BC V2T 4W6 Internet www.kpmg.ca Canada
More informationFinancial Statements. Nova Scotia Association of Health Organizations (Group Insurance Fund) March 31, 2015
Financial Statements Nova Scotia Association of Health Organizations INDEPENDENT AUDITORS REPORT To the Members of the Nova Scotia Association of Health Organizations We have audited the accompanying financial
More informationWOMEN'S INTER-CHURCH COUNCIL OF CANADA
FINANCIAL STATEMENTS AUGUST 31, 2013 AND AUGUST 31, 2012 C H A R T E R E D A C C O U N T A N T S INDEPENDENT AUDITOR'S REPORT To the Members, Women's Inter-Church Council of Canada: Report on the Financial
More informationFinancial Statements March 31, 2015
MANITOBA DEVELOPMENT CORPORATION Annual Report March 2015 Financial Statements March 31, 2015 Original signed by Original signed by CORPORATE REPORT CORPORATE PROFILE DIRECTORS AND OFFICERS Minister Responsible:
More informationGuelph Chamber of Commerce Financial Statements For the Year Ended June 30, 2015
Financial Statements For the Year Ended June 30, 2015 Financial Statements For the Year Ended June 30, 2015 Contents Independent Auditor's Report 1 Financial Statements Statement of Financial Position
More informationHolland Bloorview Kids Rehabilitation Hospital. Financial Statements March 31, 2015
Holland Bloorview Kids Rehabilitation Hospital Financial Statements June 8, 2015 Independent Auditor s Report To the Members of Holland Bloorview Kids Rehabilitation Hospital We have audited the accompanying
More informationPRESIDENT'S CHOICE CHILDREN'S CHARITY/LA FONDATION POUR LES ENFANTS LE CHOIX DU PRÉSIDENT
Financial Statements of PRESIDENT'S CHOICE CHILDREN'S CHARITY/LA FONDATION POUR LES ENFANTS LE KPMG LLP Telephone (416) 228-7000 Yonge Corporate Centre Fax (416) 228-7123 4100 Yonge Street Suite 200 Internet
More informationMASUPARIA GOLD CORPORATION
CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS THREE MONTHS ENDED DECEMBER 31, 2011 and 2010 (expressed in Canadian Dollars) NOTICE TO READERS Under National Instrument 51-102, Part 4.3 (3)(a), if
More informationFinancial Statements. Young Women's Christian Association of Greater Toronto December 31, 2014
Financial Statements Young Women's Christian Association of Greater Toronto INDEPENDENT AUDITORS' REPORT To the Members of Young Women's Christian Association of Greater Toronto REPORT ON THE FINANCIAL
More informationThe Students Union, The University of Calgary. Financial Statements June 30, 2014
The Students Union, The University of Calgary Financial Statements June 30, November 18, Independent Auditor s Report To the Members of The Students Union, The University of Calgary We have audited the
More informationConsolidated Financial Statements. Forestry Innovation Investment Ltd. March 31, 2014
Consolidated Financial Statements Forestry Innovation Investment Ltd. Contents Page Independent Auditor's Report 1-2 Consolidated Statement of Financial Position 3 Consolidated Statement of Operations
More informationKhan Resources Inc. Interim Consolidated Balance Sheets (Expressed in United States dollars) (All dollar amounts are in thousands) (Unaudited)
Interim Consolidated Balance Sheets (All dollar amounts are in thousands) March 31, September 30, 2008 2007 Assets Current Cash $ 32,105 $ 33,859 Accounts receivable 52 47 Prepaid expenses and other assets
More informationConsolidated Financial Statements of THE CANADIAN RED CROSS SOCIETY
Consolidated Financial Statements of THE CANADIAN RED CROSS SOCIETY March 31, 2013 and 2012 Deloitte LLP 800-100 Queen Street Ottawa, ON K1P 5T8 Canada Tel: (613) 236 2442 Fax: (613) 236 2195 www.deloitte.ca
More informationBRITISH COLUMBIA TRANSIT
Audited Financial Statements of BRITISH COLUMBIA TRANSIT Years ended March 31, 2005 and 2004 AUDITOR S REPORT BC TRANSIT 41 REPORT OF MANAGEMENT Years ended March 31, 2005 and 2004 The financial statements
More informationCOMMUNITY LIVING BRITISH COLUMBIA. Audited Financial Statements. March 31, 2014
Audited Financial Statements Management s Report Management s Responsibility for the Financial Statements The financial statements of Community Living British Columbia as at, and for the year then ended,
More informationConsolidated Financial Statements of
Consolidated Financial Statements of KPMG LLP Telephone (613) 212-KPMG Chartered Accountants Fax (613) 212-2896 Suite 2000 Internet www.kpmg.ca 160 Elgin Street Ottawa, ON K2P 2P8 Canada INDEPENDENT AUDITORS
More informationConsolidated Financial Statements of
Consolidated Financial Statements of KPMG LLP Telephone (613) 212-KPMG (5764) Suite 1800 Fax (613) 212-2896 150 Elgin Street Internet www.kpmg.ca Ottawa, ON K2P 2P8 To the Members of Canadian Blood Services
More informationPINK TRIANGLE SERVICES FINANCIAL STATEMENTS
FINANCIAL STATEMENTS DECEMBER 31, 2009 Watson Folkins Corey LLP Chartered Accountants 176 Gloucester Street, Suite 300 Ottawa, Ontario K2P 0A6 Page 1 Phone: (613) 244-6090 Fax: (613) 562-4666 www.wfc-ottawa.ca
More informationOutside Looking In Financial Statements
www.publicaccountants.com Outside Looking In Financial Statements . Contents Page Independent Auditors Report 1 Statement of Financial Position 2 Statement of Operations and Changes in Net Deficiency 3
More informationFinancial Statements of WORLD VISION CANADA. Year ended September 30, 2011
Financial Statements of WORLD VISION CANADA Financial Statements Independent Auditors' Report Financial Statements Statement of Financial Position... 1 Statement of Revenue and Expenditures... 2 Statement
More informationFinancial Statements. The Incorporated Synod of the Diocese of Algoma. December 31, 2011
Financial Statements The Incorporated Synod of the Diocese of Algoma December 31, 2011 Contents Page Independent Auditors' Report 1 Statement of Financial Position 3-4 Statement of Revenue and Expenses
More informationCondensed Interim Consolidated Financial Statements
Condensed Interim Consolidated Financial Statements Unaudited (Expressed in Canadian dollars) NOTICE TO READER: These condensed interim consolidated financial statements have not been reviewed by the Company's
More informationCondensed Interim Financial Statements of MANITOU GOLD INC. Three months ended March 31, 2011 (Unaudited prepared by management)
Condensed Interim Financial Statements of MANITOU GOLD INC. (Unaudited prepared by management) NOTICE TO READER The condensed interim balance sheets of Manitou Gold Inc. as at March 31, 2011 and December
More informationHow To Write A Report On The Organization And Staff Development Agency
2010 ANNUAL REPORT Organization & Staff Development Manitoba Civil Service Commission Learn.Develop.Renew His Honour, the Honourable Philip S, Lee, C.M., O.M. Lieutenant Governor of Manitoba Room 235,
More informationHalton Women's Place Financial Statements For the year ended March 31, 2014
Financial Statements For the year ended March 31, 2014 Contents Page Independent Auditors' Report Financial Statements Statement of Financial Position 1 Statement of Changes in Net Assets 2 Statement of
More informationQuarterly Report. For the three month period ended. April 30, 2015
Quarterly Report For the three month period ended April 30, 2015 The attached unaudited interim condensed consolidated financial statements have been prepared by Management of International Datacasting
More informationSummary Comparison of Canadian Public Sector Accounting Standards
February 2011 Summary Comparison of Canadian Public Sector Accounting Standards With th e CI CA Han dboo k Part V www.bcauditor.com Location: 8 Bastion Square Victoria, British Columbia V8V 1X4 Office
More informationCentre for Addiction and Mental Health. Financial Statements March 31, 2014
Centre for Addiction and Mental Health Financial Statements June 4, Independent Auditor s Report To the Trustees of Centre for Addiction and Mental Health We have audited the accompanying financial statements
More informationCANADAHELPS CANADON FINANCIAL STATEMENTS YEAR ENDED JUNE 30, 2014
FINANCIAL STATEMENTS Independent Auditor's Report Page 1 Statement of Financial Position 2 Statement of Operations 3 Statement of Changes in Net Assets 4 Statement of Cash Flows 5 Notes to the Financial
More informationConservation Initiative Foundation
Yellowstone to Yukon Conservation Initiative Foundation Financial Statements December 31,2014 Financial Statements December 31. 2014 Page Independent Auditors'Report 3 Statement of Operations 4 Statement
More informationOntario Centres of Excellence Inc. Financial Statements March 31, 2013, March 31, 2012 and April 1, 2011
Ontario Centres of Excellence Inc. Financial Statements March 31, 2013, March 31, 2012 and April 1, 2011 June 24, 2013 Independent Auditor s Report To the Members of Ontario Centres of Excellence Inc.
More informationCanadian Council for International Co-operation Financial Statements March 31, 2011
Canadian Council for International Co-operation Financial Statements Independent Auditor's Report 2-3 Financial Statements Financial Position 4 Revenues and Expenses 5 Changes in Net Assets 6 Cash Flows
More informationA Guide to for Financial Instruments in the Public Sector
November 2011 www.bdo.ca Assurance and accounting A Guide to Accounting for Financial Instruments in the Public Sector In June 2011, the Public Sector Accounting Standards Board released Section PS3450,
More informationMIDDLESEX LONDON EMERGENCY MEDICAL SERVICES AUTHORITY
Financial Statements of MIDDLESEX LONDON EMERGENCY MEDICAL SERVICES AUTHORITY Year ended December 31, 2013 Statement of Financial Position December 31, 2013, with comparative information for 2012 Financial
More informationFinancial Statements and Supplementary Information of SHERIDAN COLLEGE INSTITUTE OF TECHNOLOGY AND ADVANCED LEARNING
Financial Statements and Supplementary Information of SHERIDAN COLLEGE INSTITUTE OF KPMG LLP Chartered Accountants Box 976 21 King Street West Suite 700 Hamilton ON L8N 3R1 Telephone (905) 523-8200 Telefax
More informationFoundation for Canadian Parks and Wilderness
Foundation for Canadian Parks and Wilderness Financial Statements For the years ended March 31, 2008 and 2007 Financial Statements For the years ended March 31, 2008 and 2007 Contents Auditors' Report
More informationFinancial Statements and Supplementary Information of SHERIDAN COLLEGE INSTITUTE OF TECHNOLOGY AND ADVANCED LEARNING
Financial Statements and Supplementary Information of SHERIDAN COLLEGE INSTITUTE OF Year ended March 31, 2014 KPMG LLP Chartered Accountants Box 976 21 King Street West Suite 700 Hamilton ON L8N 3R1 Telephone
More informationFINANCIAL STATEMENTS. As at May 31, 2013 and 2012
FINANCIAL STATEMENTS As at May 31, 2013 and 2012 INDEPENDENT AUDITORS REPORT To the Shareholders of the Fonds de solidarité des travailleurs du Québec (F.T.Q.) We have audited the accompanying financial
More informationProposition d intervention
MERCREDI 8 NOVEMBRE Conférence retrofitting of social housing: financing and policies options Lieu des réunions: Hotel Holiday Inn,8 rue Monastiriou,54629 Thessaloniki 9.15-10.30 : Participation à la session
More informationNature of operations and basis of preparation (Note 1) Commitments and contingencies (Note 10) Subsequent events (Note 12)
Unaudited Interim Consolidated Financial Statements For the nine months ended September 30, 2005 Contents Interim Consolidated Financial Statements Interim Consolidated Balance Sheets Interim Consolidated
More informationLougheed House Conservation Society. (a not-for-profit organization) Financial Statements December 31, 2013
Financial Statements Collins Barrow Calgary LLP 1400 First Alberta Place 777 8 th Avenue S.W. Calgary, Alberta, Canada T2P 3R5 Independent Auditors' Report T. 403.298.1500 F. 403.298.5814 e-mail: calgary@collinsbarrow.com
More informationAUDIOTECH HEALTHCARE CORPORATION
Consolidated Financial Statements of AUDIOTECH HEALTHCARE CORPORATION Year ended September 30, 2008 1 CHARTERED ACCOUNTANTS MacKay LLP 1100 1177 West Hastings Street Vancouver, BC V6E 4T5 Tel: (604) 687-4511
More informationIMPACT Silver Corp. Interim Consolidated Financial Statements March 31, 2009 Unaudited
Interim Consolidated Financial Statements Statement 1 Consolidated Balance Sheets ASSETS March 31 2009 December 31 2008 Current Cash and cash equivalents $ 5,357,480 $ 5,433,480 Accounts receivable and
More informationBRITISH COLUMBIA EMERGENCY HEALTH SERVICES CORPORATION
Financial Statements of BRITISH COLUMBIA EMERGENCY HEALTH June 26, 2014 Independent Auditor s Report To the Board of British Columbia Emergency Health Services Corporation We have audited the accompanying
More informationwww.fondsftq.com FINANCIAL STATEMENTS A S AT M AY 3 1, 2 0 1 1 A N D 2 0 1 0
www.fondsftq.com FINANCIAL STATEMENTS A S AT M AY 3 1, 2 0 1 1 A N D 2 0 1 0 INDEPENDENT AUDITORS REPORT To the Shareholders of the Fonds de solidarité des travailleurs du Québec (F.T.Q.) We have audited
More informationFIRST BAPTIST CHURCH, REGINA INC. FINANCIAL STATEMENTS December 31, 2013
FIRST BAPTIST CHURCH, REGINA INC. FINANCIAL STATEMENTS December 31, 2013 MANAGEMENT S RESPONSIBILITY FOR FINANCIAL STATEMENTS The financial statements are the responsibility of management and have been
More informationSAMPLE NPO SOCIETY FINANCIAL STATEMENTS. August 31, 2011
FINANCIAL STATEMENTS August 31, 2011 INDEX Page Independent Auditor's Report 2 Statement of Operations 3 Statement of Changes in Net Assets 4 Statement of Financial Position 5 Cash Flow Statement 6 Notes
More informationFinancial statements of. Youth Science Canada. June 30, 2010
Financial statements of Youth Science Canada Table of contents Auditors Report... 1 Statement of financial position... 2 Statement of operations... 3 Statement of changes in net assets... 4 Statement of
More informationMETROPOLITAN COMMUNITY CHURCH OF TORONTO FINANCIAL STATEMENTS DECEMBER 31, 2013
FINANCIAL STATEMENTS CONTENTS Page INDEPENDENT AUDITOR'S REPORT 1-2 FINANCIAL STATEMENTS Statement of Financial Position 3 Statement of Operations 4 Statement of Changes in Net Assets 5 Statement of Cash
More informationCONSOLIDATED FINANCIAL STATEMENTS
CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) (Expressed in Canadian Dollar) and 2007 Index Balance Sheets Statements of Operations, Comprehensive Loss and Deficit Statements of Cash Flows Notes to Financial
More informationAUDITOR S REPORT. To the Members of the Legislative Assembly Province of Saskatchewan
AUDITOR S REPORT To the Members of the Legislative Assembly Province of Saskatchewan We have audited the statement of financial position of the Education Infrastructure Financing Corporation as at March
More informationBIRD STUDIES CANADA/ ÉTUDES D OISEAUX CANADA
Financial Statements of BIRD STUDIES CANADA/ ÉTUDES D OISEAUX CANADA KPMG LLP Telephone 519-747-8800 115 King Street South Fax 519-747-8830 2 nd Floor Internet www.kpmg.ca Waterloo ON N2J 5A3 INDEPENDENT
More informationinterim Consolidated financial statements For the nine months ended September 30, 2011 and 2010 (Unaudited)
interim Consolidated financial statements For the nine months ended September 30, 2011 and 2010 (Unaudited) consolidated financial statements 2 Condensed Interim Consolidated Statements of Operations and
More informationPSAB AT A GLANCE Section PS 1201 Financial Statement Presentation
PSAB AT A GLANCE Section PS 1201 Financial Statement Presentation November 2015 Section PS 1201 - Financial Statement Presentation GENERAL REPORTING PRINCIPLES Effective Date This Section applies in the
More informationKWIKWETLEM FIRST NATION FINANCIAL STATEMENTS MARCH 31, 2015
FINANCIAL STATEMENTS MARCH 31, 2015 INDEX TO THE FINANCIAL STATEMENTS Management's Responsibility for Financial Reporting Independent Auditors' Report Consolidated Statement of Financial Position Statement
More informationFinancial Statements. Year ended March 31, 2013. Ontario Network of Entrepreneurs. Ontario Centres of Excellence is a member of
ROI Return on Innovation Ontario Centres of Excellence Inc. Financial Statements Year ended March 31, 2013 Ontario Centres of Excellence is a member of Ontario Network of Entrepreneurs Ontario Centres
More informationADOPTION COUNCIL OF ONTARIO AUDITED FINANCIAL STATEMENTS MARCH 31, 2015 MCPHERSON PROFESSIONAL CORPORATION CHARTERED PROFESSIONAL ACCOUNTANTS
AUDITED FINANCIAL STATEMENTS MARCH 31, 2015 MCPHERSON MCPHERSON PROFESSIONAL CORPORATION & CHARTERED PROFESSIONAL ACCOUNTANTS MCPHERSON MCPHERSON PROFESSIONAL CORPORATION & CHARTERED PROFESSIONAL ACCOUNTANTS
More informationConsolidated Balance Sheets
Consolidated Balance Sheets March 31 2015 2014 2015 Assets: Current assets Cash and cash equivalents 726,888 604,571 $ 6,057,400 Marketable securities 19,033 16,635 158,608 Notes and accounts receivable:
More informationNon-consolidated financial statements. Harbourside Commercial Park Inc. March 31, 2012
Non-consolidated financial statements Harbourside Commercial Park Inc. March 31, 2012 Contents Page Independent auditors report 1-2 Non-consolidated statement of financial position 3 Non-consolidated statement
More informationWorkers Compensation Board of Manitoba Retirement Plan
Financial Statements of Workers Compensation Board of Manitoba Retirement Plan, 2013 Management's Responsibility for Financial Information The financial statements of the WCB Retirement Plan were prepared
More information