2014/15 University Hospital Foundation Annual Report: Supporting Worl

University Hospital Foundation Statement of Financial Position As at March 31, 2015, with comparative information for 2014 2015 2014 Assets Current assets: Cash and cash equivalents $ 15,833,170 $ 18,652,850 Restricted cash 2,850,965 2,479,412 Accounts receivable 616,250 89,583 Accrued interest receivable 384,821 289,091 Other assets 1,109,792 1,046,913 Prepaid expenses and deposits 206,716 81,460 21,001,714 22,639,309 Long-term investments 111,113,028 96,234,309 Equipment 52,341 60,758 $ 132,167,083 $ 118,934,376 $ $ Liabilities and Fund Balances Current liabilities: Accounts payable and accrued liabilities Deferred revenue 1,703,619 4,780,613 1,343,830 4,263,320 6,484,232 5,607,150 Fund balances (Schedule 2): Endowment funds Externally restricted funds Internally restricted funds Invested in capital assets Unrestricted funds 12,399,666 73,328,059 8,033,526 52,341 31,869,259 11,956,633 65,442,724 7,668,183 60,758 28,198,928 *Commitments 125,682,851 113,327,226 $ 132,167,083 $ 118,934,376 *Commitments: The Board of Trustees has approved the following commitments of $30,494,400 (2014 - $31,642,245) which are expected to be fulfilled within the next three years. Brain Centre Campaign $ 20,979,139 $ 17,227,475 University of Alberta Hospital 5,051,650 3,697,150 Prostate Clinic 3,331,823 5,000,000 Mazankowski Alberta Heart Institute 1,131,788 5,717,620 On behalf of the Board: Kim Wheaton Terry Freeman, FCA Chairman, Board of Trustees Chair, Executive, Finance & Investment Committee Extracted from the Audited Financial Statements University Hospital Foundation Annual Report 2014-2015 41

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