19
2014
annual
report
|
Workplace
Safety
&
Prevention
Services
The accompanying notes are an integral part of these financial statements. The accompanying notes are an integral part of these financial statements.
For the year ended
December 31
2014 2013
Contributed
surplus
invested
in Capital
assets
internally
restricted
for CHsi
Capital
Expenditures
internally
restricted
for long
term Plans
unrestricted
(Deficit) total
(Note 2)
Total
Net assets,
beginning of year
as previously stated $ 48,776 $ 968,945 $ 1,422,253 $ 716,059 $ 3,750,000 $ 6,906,033 $ 5,868,583
Change in
accounting policy
(Note 2) — — — — (19,337,900) (19,337,900) (21,812,500)
Prior period
adjustment –
Correction of
Error
(Note 2) — — — — 3,500,000 3,500,000 —
Net assets
(deficiency),
beginning of year,
as restated 48,776 968,945 1,422,253 716,059 (12,087,900) (8,931,867) (15,943,917)
Excess of revenue
over expenditures — (150,489) 118,389 — 2,542,446 2,510,346 5,972,250
Proceeds on
disposal of
capital assets — (2,705) — — 2,705 — —
Transfer from
internally
restricted
fund
(Note 17) — — — (420,320) 420,320 — —
Employee
future benefits
remeasurement
(Note 14) — — — — 6,314,300 6,314,300 1,039,800
Net assets,
end of year $ 48,776 $ 815,751 $ 1,540,642 $ 295,739 $ (2,808,129) $ (107,221) $ (8,931,867)
Workplace safety & Prevention services Statement of Changes in
Net Assets (Deficiency)
