E-1Financial Statements - Redacted, Public Version
14 passages
STATEMENT OF OPERATIONS AND CHANGES IN FUND BALANCES FOR THE YEAR ENDED DECEMBER 31, 2019 (IN THOUSANDS) Demand-Side Management Fund Provincial Fund Other Business Fund 2019 Restated (Note 2) 2018 REVENUES Efficiency Nova Scotia (Note 5) $...
AI summary The document presents the Statement of Operations and Changes in Fund Balances for the year ended December 31, 2019, and the Statement of Financial Position as of the same date. It outlines revenues, direct and other program and administrative costs, surplus, and fund balances for various funds including the Demand-Side Management Fund and Provincial Fund. The financial data is compared to the restated 2018 figures.
AS AT DECEMBER 31, 2019 (IN THOUSANDS) Demand-Side Management Fund Provincial Fund Other Business Fund 2019 Restated (Note 2) 2018 CASH PROVIDED BY (USED FOR): OPERATING Total Surplus $ - $ - $ 47 $ 47 $ 6 Changes in non-cash working capit...
AI summary The text presents a financial statement for December 31, 2019, detailing cash flows for various funds, including the Demand-Side Management Fund, Provincial Fund, and Other Business Fund. It includes operating, financing, and investing activities, as well as changes in cash and cash balances at the beginning and end of the year.
Fund accounting a) The Demand-Side Management ("DSM") Fund is used to account for the operations of the Corporation including reporting the fee-for-service revenues as received from NS Power with expenses approved annually by the Nova Scot...
AI summary The text outlines three distinct funds used by the Corporation for accounting purposes: the DSM Fund, which accounts for operations and revenues from NS Power; the PNS Fund, which covers operations under contracts with the Province of Nova Scotia; and the Other Business Fund, which handles activities of subsidiaries and non-DSM/PNS operations.
Cash The Corporation discloses bank balances and interest bearing deposits with a maturity period of three months or less from the date of acquisition under cash. The Corporation manages its cash according to its cash needs, in accordance...
AI summary The Corporation discloses short-term cash and interest-bearing deposits, managing its cash based on its investment policy and cash needs.
Demand-Side Management Fund Provincial Fund Other Business Fund 2019 2018 Fee-for-service revenue $ 34,050 $ 27,225 $ - $ 61,275 $ 57,508 Other revenue Recognition/ - - 593 593 75 (Deferral) of current year revenue (274) 1,382 (177) 931 (8...
AI summary The text presents financial data for the Demand-Side Management Fund, Provincial Fund, and Other Business Fund for the years 2019 and 2018, including revenue and accounts receivable. It also mentions an investment in EfficiencyOne Services Inc.
FINANCIAL POSITION 2019 2018 Assets $ 499 $ 326 Liabilities 337 211 Equity 162 115 Total Liability and Equity $ 499 $ 326 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2019 (IN THOUSANDS) RESULTS OF OPERATIONS 2019 2018...
AI summary The financial position of the corporation in 2019 shows an increase in assets, liabilities, and equity compared to 2018. Revenues and expenses also increased, resulting in higher net earnings. The corporation provides services to EfficiencyOne Services Inc., with shared and seconded services costing a significant amount. Accounts receivable and payable related to these services are also noted.
9. DEFERRED REVENUE Demand-Side Management Fund Provincial Fund Other Business Fund 2019 2018 Opening $ 7,462 $ 22,385 $ - $ 29,847 $ 18,834 Recognition of 2017 deferred revenue (201) - - (201) (190) Deferral of current year revenue 274 (1...
AI summary The section discusses deferred revenue across various funds, including the Demand-Side Management Fund, Provincial Fund, and Other Business Fund, with figures for 2019 and 2018. It outlines the opening balances, recognition of deferred revenue from 2017, deferral of current year revenue, and the less current portion for each fund.
c) Market risk The Corporation is exposed to market risks arising from changes in the fair value of financial instruments due to market price fluctuations. Market risks consist of currency risk, interest rate risk and other price risk. The...
AI summary The Corporation faces market risks from changes in the fair value of financial instruments due to market price fluctuations, specifically currency risk and interest rate risk. It is not exposed to other price risk.
i) Interest rate risk Interest rate risk is the risk that the fair value of a financial instrument or the related future cash flows will fluctuate due to changes in the market interest rates. The Corporation is exposed to interest rate ris...
AI summary The Corporation is exposed to interest rate risk through its interest-bearing liabilities with fixed rates. However, short-term deposits are not significantly affected by interest rate fluctuations due to their short-term nature.
Form identifier 100 GENERAL INDEX OF FINANCIAL INFORMATION – GIFI Corporation's name Business number Tax year end Year Month Day EfficiencyOne 80494 7976 RC0001 2019-12-31 Balance sheet information Account Description GIFI Current year Pri...
AI summary The document presents the balance sheet information for EfficiencyOne for the fiscal year ending December 31, 2019, showing total assets of $55,008,968 and total liabilities of $54,843,306, with a positive shareholder equity of $165,662, indicating a significant improvement from the prior year.
GENERAL INDEX OF FINANCIAL INFORMATION – GIFI Form identifier 125 Corporation's name Business number Tax year-end Year Month Day EfficiencyOne 80494 7976 RC0001 2019-12-31 Income statement information Description GIFI 0001 Operating name 0...
AI summary The document presents the General Index of Financial Information (GIFI) for EfficiencyOne for the tax year ending December 31, 2019, including income statement details such as total sales, cost of sales, gross profit, operating expenses, and net income.
GENERAL INDEX OF FINANCIAL INFORMATION – GIFI Form identifier 125 Name of corporation Business Number Tax year-end Year Month Day EfficiencyOne 80494 7976 RC0001 2019-12-31 Description Sequence number 0003 01 Revenue – lines 8000 to 8299 8...
AI summary The document presents the General Index of Financial Information (GIFI) for EfficiencyOne, detailing its revenue, cost of sales, operating expenses, and extraordinary items and taxes for the tax year ending December 31, 2019. It includes financial line items and figures, but does not discuss any regulatory issues, arguments, or entities involved in a proceeding.
Capital Cost Allowance (CCA) orp oration's name Business num ax year-end Ξff ciency One 80494 7976 RC I ar Month Day 019-12-31 For more e informa tion, see the section of • " in the T2 0 ax Guide ·
AI summary The text discusses the Capital Cost Allowance (CCA), referencing a table with business numbers, tax years, and other financial details. It also mentions the T2 Tax Guide as a source for additional information.
- For more information, see the T2 Corporation Income Tax Guide. Name Country of resi- dence (other than Canada) Business number (see note 1) Relation-ship code (see note 2) Number of common shares you own % of common shares you own Number...
AI summary The document provides a table with information about a shareholder, including the name of the corporation, business number, share ownership, and book value of capital stock. It also includes notes for completing the form correctly.