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)

2020

2019

2018

2017

2016

Summarized Assets, Liabilities and
Members’ Funds

         

Assets

         
Invested assets
$

191,333

$

170,073

$

151,131

$

132,913

$

117,000

Other assets 1,356 1,462 1,362 1,333 792
Right of use asset – office premises 1,046 1,183
  193,735 172,718 152,493 134,246 117,792

Liabilities

         
Accounts payable and other liabilities 1,418 1,295 1,296 1,298 1,143
Lease liability — office premises 1,086 1,205
  2,504 2,500 1,296 1,298 1,143

Members’ Funds

         
Administrative 3,142 3,717 3,568 3,065 2,401
Liquidity 184,770 166,624 148,675 131,288 114,248

Accumulated Other Comprehensive Income

         
Net unrealized loss on investments 3,319 (123) (1,046) (1,405)
  191,231 170,218 151,197 132,948 116,649
  193,735 172,718 152,493 134,246 117,792

Summarized Revenue and Expenses

         

Revenue

         
Investment income
$

3,088

$

2,898

$

2,302

$

1,968

$

2,094

Other income 3 3 3
Administrative Assessment 6,000 6,000 6,000 6,000 4,000
  9,088 8,901 8,302 7,971 6,097

Expenses

         
Operating expenses 6,717 6,003 5,612 5,465 5,401
Excess of revenue over expenses 2,371 2,898 2,690 2,506 696

Members’ Contributions

         
Specific Assessment
$

15,200

$

15,200

$

15,200

$

15,200