December 31, 2017 with comparative figures for 2016 (in thousands of dollars)

 

Administrative Fund

Liquidity Fund

Year ended
December 31, 2017

Year ended
December 31, 2016

Assets

       
Cash and cash equivalents
$
677
$
217
$
894
$
3,519
Bonds (note 7)        
Held by custodian 2,802 110,078 112,880 101,320
Used under securities lending 14,847 14,847 12,161
Exchange Traded Funds (note 7)        
Held by custodian 3,317 3,317
Used in securities lending 975 975
Total Investments 2,802 129,217 132,019 113,481
Accrued investment income 602 602 560
Accounts receivable and prepaids 41 3 44 51
Due from other funds 120 (120)
Property and equipment (note 8) 687 687 181

Total Assets

4,327 129,919 134,246 117,792

Liabilities

       
Accounts payable and accrued liabilities 850 5 855 704
Employee future benefits (note 9) 443 443 439

Total Liabilities

1,293 5 1,298 1,143

Members’ Funds

       
Administrative 3,065 3,065 2,401
Liquidity 131,288 131,288 114,248

Accumulated Other Comprehensive Income

       
Net unrealized loss on investments (31) (1,374) (1,405)

Total Members’ Funds

3,034 129,914 132,948 116,649

Total Liabilities and Members’ Funds

4,327 129,919 134,246 117,792

The accompanying notes are an integral part of these consolidated financial statements.

On behalf of the Board:

Signature of Dan Thornton

Director

Signature of Tricia O’Malley

Director