Annual Report 2024-25

51

The Association of Professional Engineers and Geoscientists of the Province of British Columbia Non-consolidated Statement of Revenue and Expenses For the year ended June 30, 2025

2025 $

2024 $

Revenue Fees

Annual registrant fees – Individual Annual registrant fees – Firms Application, registration and certification fees Professional and academic examinations

18,843,906 3,287,646 2,737,825 2,765,385

16,977,763 3,178,761 2,804,175 1,635,650

27,634,762

24,596,349

Other revenue Affinity programs Annual conference

486,107 624,460 1,476,781 462,450 1,050,755 1,221,545 1,348,431

503,134 592,780 2,157,165 547,356 1,196,272 1,138,464 1,421,503

Grant and project administration Innovation magazine and other advertising

Investment income Miscellaneous (note 14)

Continuing education and programs

6,670,529

7,556,674

34,305,291

32,153,023

Expenses Salaries and employee benefits Contract and consulting services

19,940,547 3,786,389 1,651,083 1,330,196 1,147,585 1,020,319 724,161 722,843 529,440 422,840 319,864 297,970 188,175 109,122

17,778,796 3,174,561 1,590,644 822,779 1,929,564 609,097 618,680 563,779 400,357 492,710 353,235 328,935 178,473 101,526

Office, general and miscellaneous (note 15)

Legal

Contract and consulting services on grants

Examinations

Meetings, room rentals and special events

IT and telecommunications Premises and operating costs

Printing, publication and distribution costs Engineers Canada assessment

Travel

Secondary professional liability insurance premiums Geoscientists Canada assessment

Grants and awards

38,105

71,643

32,228,639

29,014,779

Excess of revenue over expenses before amortization

2,076,652

3,138,244

Amortization Intangible assets

306,252 460,006

294,928 428,757

Property and equipment

766,258

723,685

Excess of revenue over expenses for the year

1,310,394

2,414,559

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