SUMMARY STATEMENT OF FINANCIAL POSITION
AS AT SEPTEMBER 30, 2019
ASSETS
2019 2018
$151,990 $114,275
817,591 454,895
Accounts receivable 60,366 79,269
Prepaid expenses 58,425 92,105
1,088,372 740,544
Current assets
Cash
Investments
LIABILITIES AND NET ASSETS
2019 2018
$227,381 $269,001
78,063 100,101
305,444 369,102
Current liabilities
Accounts payable and accrued liabilities
Capital lease obligations — short term portion
Long term liabilities
Capital lease obligations — long term portion
78,063
305,444 447,165
Invested in capital assets 1,093,773 1,041,170
Unrestricted 2,678,991 2,439,543
3,772,764 3,480,713
4,078,208 $ 3,927,878
Other assets
Investments — long term
1,818,000
1,968,000
Capital assets
Tangible 848,502 970,987
Intangible 323,334 248,347
1,171,836 1,219,334
$4,078,208 $3,927,878
Net assets
$
COLLEGE OF VETERINARIANS OF ONTARIO ANNUAL REPORT 2019