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Copyright © 2007
The Agency for Co-operative Housing
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“Just a short note (long overdue) expressing our appreciation for your hard work and support.”
– Treasurer of a Toronto co-op
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FINANCIAL HIGHLIGHTS*
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31 December
2005
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31 December
2006
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ASSETS
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Cash |
$1,244,228 |
$2,043,166 |
Capital Assets |
5,617 |
1,490,782 |
Other |
21,360 |
83,829 |
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Total |
$1,271,220 |
$3,622,777 |
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LIABILITIES
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$1,249,719
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$2,312,825
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Fund Balances: |
Operating Reserve |
15,884 |
138,213 |
Capital Fund |
5,617 |
1,171,739 |
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Total |
$1,271,220 |
$3,622,777 |
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Revenue |
$380,519 |
$4,907,183 |
Expenses and Investment
in Capital Assets |
364,635 |
4,818,970 |
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Operating Reserve |
$ 15,884 |
$ 138,213 |
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*The full financial statements, audited by Marcil Lavallée & Associates, have been provided to the Member and other parties, as required.
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