Outcomes Report 2017-2018
STATEMENT OF FINANCIAL POSITION
OPTIONS COMMUNITY SERVICES SOCIETY Statement of Financial Position
March 31, 2018, with comparative information for 2017
Operating Fund
Capital Asset Fund
2018 Total
2017 Total
ASSETS Current assets:
Cash and cash equivalents
$
3,384,233
$
226,849
$
3,611,082
$
3,242,933
Investments at fair value (note 2) Accounts receivable (note 3)
418,564
-
418,564
471,136
1,835,551
3,302
1,838,853
1,735,808
Due from Habitat Housing Society (note 4)
263,644 421,806 14,738
- - -
263,644 421,806 14,738
107,988 312,397 12,805
Prepaid expenses and deposits
Supplies
6,338,536
230,151
6,568,687
5,883,067
Restricted cash and investments at fair value (note 5)
2,029,184
2,455,032 10,415,709
4,484,216 10,415,709
3,897,220 10,346,541
Capital assets (note 6)
-
$
8,367,720
13,100,892 $
21,468,612 $
20,126,828 $
LIABILITIES AND NET ASSETS Current liabilities: Accounts payable and accrued liabilities
$
1,967,634 2,192,065 1,732,142
$
115,574
$
2,083,208 2,192,065 1,732,142
$
2,028,020 1,966,969 1,378,773
Compensation, vacation and overtime payable (note 7)
- -
Deferred contributions (note 8)
Mortgages payable, current portion (note 9)
-
41,420 156,994
41,420
40,277
5,891,841
6,048,835
5,414,039
Mortgages payable (note 9)
-
865,314
865,314 262,569
906,734 277,501
Deferred contributions - replacement reserves (note 10)
262,569
-
Deferred capital contributions (note 11)
-
1,831,500 2,853,808
1,831,500 9,008,218
1,923,298 8,521,572
6,154,410
Net assets: Invested in capital assets (note 12)
-
7,753,020 2,319,919
7,753,020 3,939,545
7,551,777 3,339,532
Internally restricted (note 13)
1,619,626
Unrestricted
593,684
174,145
767,829
713,947
2,213,310
10,247,084
12,460,394
11,605,256
Commitments and contingencies (note 15) Economic dependence (note 20)
$
8,367,720
13,100,892 $
21,468,612 $
20,126,828 $
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Options Community Services
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