Academy of Canadian Cinema & Television - Académie canadienne ...
Academy of Canadian Cinema & Television - Académie canadienne ...
Academy of Canadian Cinema & Television - Académie canadienne ...
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28<br />
<strong>Academy</strong> <strong>of</strong> <strong>Canadian</strong> <strong>Cinema</strong> & <strong>Television</strong> / <strong>Académie</strong> <strong>canadienne</strong> du cinéma et de la télévision<br />
Consolidated Balance Sheet<br />
As At April 30, 2007<br />
ASSETS 2007 2006<br />
CURRENT<br />
Cash and short – term deposits $ 424,598 $ 467,463<br />
Government grants and accounts receivable 484,879 281,827<br />
Deposits and prepaid expenses __________________________________<br />
136,624 43,126<br />
__________________________________<br />
1,046,101 792,416<br />
FIXED ASSETS 30,486 27,625<br />
__________________________________<br />
LIABILITIES<br />
CURRENT<br />
$ 1,076,587 $ 820,041<br />
__________________________________<br />
Accounts payable and accrued liabilities $ 132,199 $ 49,721<br />
Due to <strong>Academy</strong> Foundation 78,196 68,196<br />
Current portion <strong>of</strong> severance benefits 163,764 –<br />
Deferred revenue __________________________________<br />
630,726 642,305<br />
__________________________________<br />
1,004,885 760,222<br />
LONG - TERM DEBT<br />
Severance benefits 211,529 –<br />
__________________________________<br />
NET ASSETS<br />
Invested in capital assets 30,486 27,625<br />
Unrestricted net assets __________________________________<br />
(170,313) 32,194<br />
__________________________________<br />
(139,827) 59,819<br />
On behalf <strong>of</strong> the Board:<br />
Chair Treasurer<br />
$ 1,076,587 $ 820,041<br />
__________________________________
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