E-1Financial Statements - Redacted
24 passages
CONSOLIDATED STATEMENT OF OPERATIONS FOR THE YEAR ENDED DECEMBER 31, 2025 (IN THOUSANDS) Efficiency Nova Scotia (Note 3) emand-Side Nanagement Fund Provincial Fund Othe er Business Fund 2025 2024 Investment income (Note 4) $ 60,133 Ş 91,31...
AI summary The consolidated statement of operations for the year ended December 31, 2025, includes investment income details for Efficiency Nova Scotia, the Demand-Side Management Fund, the Provincial Fund, and Other Business Fund, with figures for 2025 and 2024.
Chair, Finance Committee ( ): CA SH PR OV ID ED BY US ED FO R G To OP ER AT IN l su lus ta rp f fec h: Ite tin t a ms no g c as Am iza tio ort n ha h w kin l it C in ita ng es no n-c as or g c ap em s eiv b le Ac ts co un rec a b le HS T r...
AI summary The document contains a table with financial data and terms related to accounting, taxes, and funding, but lacks clear context or narrative for analysis.
Financial instruments The Corporation initially measures its financial assets and financial liabilities at fair value. Investments in pooled funds are subsequently measured at fair value and all remaining financial assets and financial lia...
AI summary The Corporation measures financial assets and liabilities using fair value for pooled fund investments and amortized cost for other assets like cash and receivables, while liabilities such as accounts payable are measured at amortized cost.
Investments in pooled funds are held by an investment manager and are measured at market value. All market-based investments are made in accordance with HCi3's investment policy. 2025 2024 GIC, due April 9, 2026, 5.44% per annum $ 35,000 $...
AI summary The text discusses investments in pooled funds managed by an investment manager, measured at market value, and outlines specific investments made in accordance with HCi3's investment policy, including various GICs and funds, with amounts for 2025 and 2024.
2025 2024 Investment distributions $ 659 $ 729 Realized gain on sale of investments 1,229 84 Investment management fees (92) (76) Change in fair market value (589) 862 Total investment income 1,207 1,599 Stabilization allocation (i) (892)...
AI summary The document presents a comparison of investment-related financial figures for 2025 and 2024, including investment distributions, realized gains, management fees, and fair market value changes. The Stabilization allocation is described as a reserve used to fund eligible expenses when annual investment proceeds fall below expectations.
FINANCIAL POSITION 2025 2024 Assets $ 211 $ 153 Liabilities 49 6 Equity 162 147 Total Liability and Equity $ 211 $ 153 RESULTS OF OPERATIONS 2025 2024 Revenue $ 127 $ 9 Expenses (including a provision for income tax) 111 8 CASH FLOW
AI summary The financial position of the entity shows significant growth in assets, liabilities, and equity between 2024 and 2025. Revenue also increased substantially in 2025 compared to 2024, while expenses rose slightly.
The Corporation has an operating demand loan of credit available in the amount of $7,500 bearing interest at the bank prime rate, payable monthly. At year end, the Corporation had no draws against the line of credit (2024 - $nil). The dema...
AI summary The Corporation has a demand loan of up to $7,500 secured by a general security agreement, with no draws made against it as of year-end 2024. The loan carries interest at the bank prime rate and is payable monthly.
The Corporation is exposed to risks associated with its financial instruments as follows: Risks Credit Liquidity Market Cash Χ Χ Accounts receivable Χ Loan receivable X Χ Accounts payable and accrued liabilities Χ Χ Investments Х The Corpo...
AI summary The Corporation faces various financial risks related to its instruments, including credit, liquidity, and market risks. These risks are categorized under different financial items such as cash, accounts receivable, and investments. The Corporation's risk exposure has decreased compared to the prior year due to a reduction in financial instruments.
In Thousands GL Account GL Account Description Financial Statement Grouping GL Balance Liabilities 2000 Accounts Payable Accts payable & accrued liabilities 1,883 2100 Social Committee Accts payable & accrued liabilities 5 2410 Payroll Acc...
AI summary The text presents a financial statement summary in thousands, detailing liabilities and fund balances. It includes accounts payable, accrued liabilities, deferred revenue, and HST payable, with a total liability and fund balance of 12,750.
- Mail your completed return to: Jonquière Tax Centre, T1044 Program, PO Box 1300 LCD Jonquière, Jonquière QC G7S 0L5 Do not use this area 107 Total receipts (add lines 100 to 106) 270,200,644 270,200,644 Part 3 – Statement of assets and l...
AI summary The document provides a financial statement including total receipts, assets, liabilities, and remuneration. It outlines cash, receivables, investments, and liabilities, with a focus on financial reporting for a fiscal period.
SCHEDULE 125 Form identifier 125 GENERAL INDEX OF FINANCIAL INFORMATION – GIFI Corporation's name EfficiencyOne Business number Tax year-end Year Month Day 80494 7976 RC0001 2025-12-31 Income statement information Description GIFI Operatin...
AI summary This document presents the general index of financial information (GIFI) for EfficiencyOne for the tax year ending December 31, 2025. It outlines income statement details, including total sales, cost of sales, gross profit, operating expenses, and net income before taxes.
EfficiencyOne (20251231).225 2026-04-02 10:27 − Part 4 − Other information (continued) ———— Impairment and fair value changes In any of the following assets, was an amount recognized in net incon result of an impairment loss in the tax yea...
AI summary The document contains a section of a T2 return related to impairment and fair value changes, financial instruments, and adjustments to opening equity. It includes questions about whether impairment losses, reversals, or changes in fair value were recognized, as well as whether hedge accounting was applied or discontinued.
REDACTED - Attachment 3 Corporation's name Business number Tax year end Year Month Day EfficiencyOne 80494 7976 RC0001 2025-12-31 General Index of Financial Information Notes to the financial statements
AI summary The document provides a table with information about EfficiencyOne, including its business number and tax year end. It also mentions the General Index of Financial Information Notes to the financial statements, which are part of the financial reporting process.
General Index of Financial Information Notes to the financial statements recorded as direct increases or decreases to net assets. 2. SIGNIFICANT ACCOUNTING POLICIES (continued) Expense recognition The Corporation recognizes incentive costs...
AI summary The document outlines the Corporation's accounting policies, including expense recognition for incentive costs, cloud computing arrangements, cash management, financial instruments measurement, impairment testing, related party transactions, and investment categorization. Key points include amortized cost for financial assets, fair value for pooled funds, and specific treatment of guaranteed investment certificates and private equity investments.
Corporation's name Business number Tax year end Year Month Day EfficiencyOne 80494 7976 RC0001 2025-12-31 General Index of Financial Information Notes to the financial statements
AI summary The document presents a table with information about EfficiencyOne, including its business number and tax year end. It also references the General Index of Financial Information Notes to the financial statements.
Other Revenue Effective April 1, 2022, the Corporation entered into a five-year contribution agreement with Natural Resources Canada to execute the Canada Greener Homes Grant Program. Effective April 1, 2023, the agreement was amended to i...
AI summary The Corporation has entered into a contribution agreement with Natural Resources Canada for the Canada Greener Homes Grant Program and the Oil to Heat-pump Affordability Program, with $79,051 recognized as revenue in 2023. Additional revenue sources include fee-for-service and other revenue, with investments in guaranteed investment certificates and pooled funds managed under HCi3's investment policy.
se customers are approved by NS Power for repayment terms up to 48 months. Financing costs related to the principal are paid to NS Power by the Corporation monthly and are considered part of the applicable program cost. The Corporation is...
AI summary The document outlines financing arrangements for approved customers by NS Power, detailing repayment terms, contingent liabilities, and estimated commitments for future incentive payments based on program criteria completion. It also provides figures for financing extended and fund shares.
Notes to the financial statements Home Energy Assessment Number of eligible homes anticipated to complete the program at the historical average rebate rate plus final audit costs to be paid to Delivery Agents. Oil to Heat Pump Affordabilit...
AI summary The text outlines various programs and their associated costs, including Home Energy Assessments, Oil to Heat Pump Affordability, SolarHomes, and others, along with the Corporation's financial commitments and lease agreements. It also discusses the Corporation's risk management, particularly credit risk related to financial instruments.
liquidity risk by monitoring forecasted and actual cash flows and financial Corporation's name Business number Tax year end Year Month Day EfficiencyOne 80494 7976 RC0001 2025-12-31 General Index of Financial Information Notes to the finan...
AI summary The text outlines the importance of monitoring forecasted and actual cash flows and financial information to manage liquidity risk. It includes a table with financial information notes for EfficiencyOne, including its business number and tax year end.
liability maturities, and by holding assets that can be readily converted into cash. Accounts payable and accrued liabilities include obligations to customers who have earned incentives and are normally paid within 90 days. For some custom...
AI summary The document discusses the Corporation's financial instruments and associated risks, including accounts payable, accrued liabilities, market risks such as currency and interest rate risks, and other price risks. The Corporation manages these risks through diversified investments and adherence to its banking and investment policy.
REDACTED - Attachment 3 Corporation's name Business number Tax year end Year Month Day EfficiencyOne 80494 7976 RC0001 2025-12-31 General Index of Financial Information Notes to the financial statements Office and insurance Direct 418 117...
AI summary The document presents financial information for EfficiencyOne, including business details, tax year end, and various financial line items such as office and insurance, professional fees, program support, rent, salaries, and training. It also outlines the Corporation's engagement in DSM and energy efficiency programs.
Financial instruments Financial assets and financial liabilities are recorded at fair value on initial recognition. Investments in pooled funds are subsequently measured at fair value. All other financial instruments are subsequently measu...
AI summary The text outlines the accounting treatment for financial instruments, stating that financial assets and liabilities are initially recorded at fair value. Pooled fund investments are measured at fair value, while other instruments are measured at amortized cost, including cash, loan receivables, and accounts payable.
The Organization's investments in pooled funds are held by an investment manager and preserve the endowed capital. Other investments consist of direct private equity holdings. Investments consist of units in the following funds, which are...
AI summary The Organization's investments are managed through pooled funds and direct private equity holdings, with the latter being held by an investment manager. The value of these investments is recorded at market value.
The Organization is exposed to risks associated with its financial instruments as follows: ks Ris ke k Ma is t r r dit Cre dit Liq ui he ric Ot r P e k Ris Int st ere Ra te y h Ca s X X iva b le Lo Re an ce X X Inv est nts me X X X b le d...
AI summary The Organization faces credit risk related to its financial instruments. This risk is highlighted in the context of potential defaults or non-performance by counterparties, which could impact the Organization's financial position.