Five-Year Financial Summary

The Five-Year Financial Summary outlines the five-year history of the key items in the Statements of Financial Position and summarized revenue and expenses.

(in thousands of dollars)

2019

2018

2017

2016

2015

Summarized Assets, Liabilities and
Members’ Funds

         

Assets

         
Invested assets
$

170,073

$

151,131

$

132,913

$

117,000

$

116,305

Other assets 1,462 1,362 1,333 792 904
Right of use asset – office premises 1,183
  172,718 152,493 134,246 117,792 117,209

Liabilities

         
Accounts payable and other liabilities 1,295 1,296 1,298 1,143 1,256
Lease liability — office premises 1,205

Members’ Funds

         
Administrative 3,717 3,568 3,065 2,401 1,701
Liquidity 166,624 148,675 131,288 114,248 114,252

Accumulated Other Comprehensive Income

         
Net unrealized loss on investments (123) (1,046) (1,405)
  170,218 151,197 132,948 116,649 115,953
  172,718 152,493 134,246 117,792 117,209

Summarized Revenue and Expenses

         

Revenue

         
Investment income
$

2,898

$

2,302

$

1,968

$

2,094

$

2,170

Other income 3 3 3 4
Administrative Assessment 6,000 6,000 6,000 4,000 4,000
  8,901 8,302 7,971 6,097 6,174

Expenses

         
Operating expenses 6,003 5,612 5,465 5,401 5,548
Excess of revenue over expenses 2,898 2,690 2,506 696 626

Members’ Contributions

         
Specific Assessment
$

15,200

$

15,200

$

15,200