E-1Financial Statements - Redacted, Public Version
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STATEMENT OF FINANCIAL POSITION As Previously Stated Restated Total All Other Funds Commitment Fund Adjustment 2018 LIABILITIES CURRENT Accounts payable and accrued liabilities $ 10,332 $ 13,027 $ (13,027) $ 10,332 FUND BALANCE EXTERNALLY...
AI summary The financial statements show adjustments to liabilities and fund balances, including a restatement of accounts payable and accrued liabilities. An estimate of future incentives payable is noted in Note 13.
Other Revenue The Corporation entered into contribution agreements in 2019 with Natural Resources Canada for funding of multiple projects. The agreements, which end on March 31, 2020 and March 31, 2021, set out a maximum contribution amoun...
AI summary The Corporation received contributions from Natural Resources Canada and the Federation of Canadian Municipalities in 2019 for various projects and programs. These contributions had specific end dates and amounts, with revenue earned in 2019 reported as $379.
i) Cash Credit risk associated with cash is minimized by investing these assets in short-term interest-bearing deposits of a Canadian bank with credit ratings that comply with the Corporation's banking and investment policy.
AI summary The credit risk associated with cash is minimized by investing in short-term interest-bearing deposits of Canadian banks that meet the Corporation's credit rating requirements as outlined in its banking and investment policy.
b) Liquidity risk Liquidity risk is the risk of being unable to meet cash requirements or fund obligations as they come due. It stems from the possibility of a delay in realizing the fair value of investments. The Corporation manages its l...
AI summary Liquidity risk refers to the risk of being unable to meet cash obligations as they come due. The Corporation manages this risk through monitoring cash flows and holding liquid assets. Accounts payable and accrued liabilities, including customer incentives and HST, are generally paid within 90 days or monthly, depending on contractual terms.
Attached Notes – Summary GIFI code 8232 – Amount – Income/loss of subsidiaries/affiliate Name of the cell Form Sch. 8299 - Revenue Income from Subsidiary - From OTH.1 fgdickinson - 2020-02-07 X Keep this note when rolling forward the file...
AI summary The text contains notes and tables related to financial information, including GIFI codes, revenue, and expenses. It includes entries for income from subsidiaries, HST receivable and payable, long-term investments, and advertising expenses, with notes from individuals such as fgdickinson and kcameron.