Consolidated Statements of Financial Position

December 31, 2019 with comparative figures for 2018

(in thousands of dollars)

Year ended
December 31, 2019

Year ended
December 31, 2018

Assets

Cash and cash equivalents
$

928

$

2,113

Bonds (note 7)
Held by custodian 162,079 144,793
Exchange Traded Funds (note 7)
Held by custodian 7,066 4,225
Used in securities lending

Total Investments

169,145 149,018
Accrued investment income 860 651
Accounts receivable and prepaids 81 76
Property and equipment (note 8) 521 635
Right of use asset – office premises (note 14) 1,183

Total Assets

172,718 152,493

Liabilities

Accounts payable and accrued liabilities 815 826
Employee future benefits (note 9) 480 470
Lease liability – office premises (note 14) 1,205

Total Liabilities

2,500 1,296

Members’ Funds

Administrative 3,717 3,568
Liquidity 166,624 148,675

Accumulated Other Comprehensive Income

Net unrealized loss on investments (123) (1,046)

Total Members’ Funds

170,218 151,197

Total Liabilities and Members’ Funds

172,718 152,493

On behalf of the Board:

Signature of Dan Thornton

Director

Signature of Micheline Dionne

Director