|
|
|
|
|
|
 |
| As
at December 31, 2003 |
|
2003
|
2002
|
|
|
|
|
|
$
|
$
|
|
|
|
 |
|
|
| Financial
Assets |
|
|
| Cash and cash
equivalents (Note 3) |
718,701,322
|
806,450,997
|
| Accounts receivable
(Note 4) |
2,318,011
|
71,669,732
|
| Investments (Note
3) |
231,260,359
|
28,892,991
|
| Debt amounts
recoverable from |
|
|
| Area municipalities
(Notes 5 and 9a) |
17,724,888
|
22,295,169
|
| School boards
(Notes 5 and 9a) |
34,238,600
|
52,528,610
|
|
| Total |
1,094,243,180
|
981,837,499
|
|
|
|
|
 |
|
|
| Accounts payable
and other liabilities |
168,015,169
|
133,451,503
|
| Accrued interest
on long-term liabilities |
3,130,965
|
2,001,052
|
|
|
171,146,134
|
135,452,555
|
| Employee benefit
obligations |
41,553,849
|
34,726,744
|
| Gross long-term
liabilities (Note 5) |
491,678,272
|
428,064,921
|
| Retirement and
sinking fund debenture (Note 5) |
1,266,527
|
1,099,449
|
|
|
705,644,782
|
599,343,669
|
| Deferred revenue-obligatory
reserve funds |
465,911,637
|
387,740,010
|
|
| Total |
1,171,556,419
|
987,083,679
|
|
|
|
|
| Net
Debt |
(77,313,239)
|
(5,246,180)
|
|
|
|
| Other
Assets |
|
|
| Prepaid expenses
and inventory |
3,787,453
|
4,348,647
|
|
| Total
Net Debt |
(73,525,786)
|
(897,533)
|
|
|
|
|
| Municipal
Position |
|
|
| Capital fund
(Note 6) |
(20,483,232)
|
(8,698,885)
|
| Investment in
social housing |
8,454,237
|
8,167,911
|
| Reserves and
reserve funds |
426,368,307
|
392,235,315
|
|
| Total fund balances |
414,339,312
|
391,704,341
|
| Amounts to be
recovered (Note 7) |
(487,865,098)
|
(392,601,874)
|
|
| Total
Municipal Position |
(73,525,786)
|
(897,533)
|
|
| The
accompanying notes are an integral part of these Consolidated Financial
Statements. |
|
|
|
 |
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