December 31, 2018 with comparative figures for 2017 (in thousands of dollars)

 

Year ended
December 31, 2018

Year ended
December 31, 2017

Assets

   
Cash and cash equivalents
$
2,113
$
894
Bonds (note 7)    
Held by custodian 144,793 112,880
Used under securities lending 14,847
Exchange Traded Funds (note 7)    
Held by custodian 4,225 3,317
Used in securities lending 975

Total Investments

149,018 132,019
Accrued investment income 651 602
Accounts receivable and prepaids 76 44
Property and equipment (note 8) 635 687

Total Assets

152,493 134,246

Liabilities

   
Accounts payable and accrued liabilities 826 855
Employee future benefits (note 9) 470 443

Total Liabilities

1,296 1,298

Members’ Funds

   
Administrative 3,568 3,065
Liquidity 148,675 131,288

Accumulated Other Comprehensive Income

   
Net unrealized loss on investments (1,046) (1,405)

Total Members’ Funds

151,197 132,948

Total Liabilities and Members’ Funds

152,493 134,246

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