OHA | Statement of Revenue and Expenses
Summarized Statement of Financial Position
Year ended June 30, 2009
(in thousands of dollars)
| |
2009 |
2008 |
| |
$ |
$ |
| Assets |
|
|
| Current |
|
|
Cash and cash equivalents |
42,371 |
42,262 |
Investments |
23,874 |
25,047 |
Accounts receivable |
719 |
1,406 |
Membership fees receivable |
6,774 |
7,005 |
Prepaid expenses and other assets |
125 |
73 |
| |
73,863 |
75,793 |
| |
|
|
| Capital assets |
1,445 |
1,686 |
| |
75,308 |
77,479 |
| Liabilities |
|
|
| Current |
|
|
Accounts payable and accured charges |
2,917 |
4,704 |
Deferred membership fees |
5,205 |
5,023 |
Demutualization benefit |
22,527 |
22,193 |
ONA Benefit Plan |
20,972 |
20,193 |
| |
51,621 |
52,113 |
| |
|
|
| Deferred revenue |
13,307 |
10,781 |
| Employee future benefits |
5,120 |
5,023 |
| |
70,048 |
67,917 |
| |
|
|
| Net Assets |
|
|
| Invested in capital assets |
283 |
343 |
| Internally restricted funds |
500 |
500 |
| Unrestricted |
4,477 |
8,719 |
| |
5,260 |
9,562 |
| |
75,308 |
77,479 |
|
|