Statement of Changes in Net Assets Year ended April 30, 2015 with comparative information for 2014 (in thousands of dollars)
Net assets, beginning of year
April 30, Internally restricted Unrestricted 2015 (note 12) Total
$ (41,728)
$ 74,527
$ 70,937
$ 10,874
Excess of revenues over expenses (expenses over revenues)
-
-
(9,694)
-
26,569
16,875
Change in internally restricted net assets
-
-
-
19,033
(19,033)
-
Net change in investment in capital assets (note 11 (b))
-
-
6,573
-
(6,573)
-
30,589
-
-
-
-
30,589
(376)
-
-
-
376
-
-
7,168
-
-
-
7,168
$ (11,515)
$ 81,695
$ 67,816
$ 29,907
Actuarial gain in employee future benefits Net current service change in employee future benefits Change in endowment net assets (note 10(a)) Net assets, end of year
April 30, 2014 Net assets, beginning of year
Invested Employee Endowments in capital future (note 10) assets benefits (note 11)
$ (1,328) $ 113,282
$
11 $ 167,914
35 April 30, Internally restricted Unrestricted 2014 (note 12) Total
$ (47,440)
$ 63,803
$ 68,151
$ 18,852
Excess of revenues over expenses (expenses over revenues)
-
-
(9,403)
-
10,385
982
Change in internally restricted net assets
-
-
-
(7,978)
7,978
-
Net change in investment in capital assets (note 11 (b))
-
-
12,189
-
(12,189)
-
5,568
-
-
-
-
5,568
144
-
-
-
(144)
-
-
10,724
-
-
-
10,724
$ (41,728)
$ 74,527
$ 70,937
$ 10,874
Actuarial gain in employee future benefits Net current service change in employee future benefits Change in endowment net assets (note 10(a)) Net assets, end of year
FINANCIAL STATEMENTS
April 30, 2015
Invested Employee Endowments in capital future (note 10) assets benefits (note 11)
$ (7,358) $ 96,008
$ (1,328) $ 113,282
The accompanying notes are an integral part of these financial statements.
2014 -15 Annual Report
BROCK UNIVERSITY
