BRITISH COLUMBIA HYDRO AND POWER AUTHORITY

British Columbia Hydro and Power Authority
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
as at March 31 (in millions) 2016 2015
ASSETS
Current Assets
Cash and cash equivalents (Note 8) $ 44 $ 39
Accounts receivable and accrued revenue (Note 9) 669 627
Inventories (Note 10) 155 122
Prepaid expenses 202 211
Current portion of derivative financial instrument assets (Note 19) 137 152
1,207 1,151
Non-Current Assets
Property, plant and equipment (Note 11) 21,385 19,933
Intangible assets (Note 12) 609 547
Regulatory assets (Note 13) 6,324 5,714
Derivative financial instrument assets (Note 19) 92 97
Other non-current assets (Note 14) 417 311
28,827 26,602
$ 30,034 $ 27,753
LIABILITIES AND EQUITY
Current Liabilities
Accounts payable and accrued liabilities (Note 15) $ 1,816 $ 1,708
Current portion of long-term debt (Note 16) 2,376 3,698
Current portion of derivative financial instrument liabilities (Note 19) 143 85
4,335 5,491
Non-Current Liabilities
Long-term debt (Note 16) 15,837 13,178
Regulatory liabilities (Note 13) 416 281
Derivative financial instrument liabilities (Note 19) 27 38
Contributions in aid of construction 1,669 1,583
Post-employment benefits (Note 18) 1,657 1,498
Other non-current liabilities (Note 20) 1,593 1,514
21,199 18,092
Shareholder's Equity
Contributed surplus 60 60
Retained earnings 4,397 4,068
Accumulated other comprehensive income 43 42
4,500 4,170
$ 30,034 $ 27,753
Commitments and Contingencies (Notes 11 and 21)
See accompanying Notes to the Consolidated Financial Statements.