Actsafe Safety Association
Statement of Operations and Changes in Net Assets
Year ended December 31, 2017
2017
$
Revenue
WorkSafe BC funding
Course fees
Interest income
Other income (Note 15)
Expenses
Salaries and benefits (Note 13)
Consultants and contractors
Technology
Rent
Furniture and equipment (Note 11)
Conference and meetings
Professional fees (Note 12)
Travel
Office supplies
Miscellaneous
Board and committee (Note 14)
Advertising and sponsorships
Training ‐ staff
Telecommunications and freight
Publication and materials
Property taxes and general insurance
Interest on capital lease
Repairs and maintenance
2016
$
(Note 16)
940,000
289,895
9,740
120,980
1,360,615 920,000
326,519
10,486
92,521
1,349,526
638,715
366,978
111,586
102,454
95,208
64,236
51,296
30,073
25,438
15,559
15,300
11,326
10,797
9,743
9,509
7,049
3,080
2,878
1,571,225 502,066
362,971
116,512
102,660
72,189
24,648
34,058
10,763
26,830
20,112
13,750
4,314
13,244
6,028
30,029
7,498
1,741
3,435
1,352,848
Excess (deficiency) of revenue over expenses for the year (210,610) Balance, beginning of year 427,540 430,862
Balance, end of year 216,930 427,540
See accompanying notes to the financial statements.
(3,322)