SUMMARY FINANCIAL STATEMENTS
Association of Professional Engineers and Geoscientists of Alberta As at December 31, 2017
Summary Statement of Financial Position (in thousands of dollars)
2017
2016
$
$
Assets Current assets Cash and cash equivalents
3,017 1,450
1,529
Accounts receivable Prepaid expenses
710 255
380
4,847
2,494
Tangible capital assets
5,145 1,320
5,280 1,156
Intangible assets
Investments
16,462
15,501
Defined benefit pension plan surplus
1,519
823
29,293
25,254
Liabilities Current liabilities Accounts payable and accrued liabilities
1,435
980
Government remittances payable Deferred dues and fees revenues Obligation under capital lease
-
97
11,865
10,279
36
34
13,336
11,390
Deferred lease inducement Obligation under capital lease
1,367
1,570
30
66
14,733
13,026
Net Assets Invested in tangible capital and intangible assets
6,399 1,000 7,161
6,336 1,100 4,792
Internally restricted – legislative review
Unrestricted
14,560 29,293
12,228 25,254
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APEGA Annual Report 2017
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