Annual Report 2024-25

The Association of Professional Engineers and Geoscientists of the Province of British Columbia Non-consolidated Statement of Changes in Net Assets For the year ended June 30, 2025

2025

2024

Property, equipment and systems replacement fund $

Legal and insurance fund $

General fund $

Advocacy body fund $

Total $

Total $

Net assets – Beginning of year

17,620,897

626,677

2,005,186

1,000,000 21,252,760 18,838,201

Excess of revenue over expenses for the year Investment in property and equipment

1,451,721 196,861

(141,327)

-

- - - -

1,310,394 2,414,559

-

(196,861)

-

- - -

Funding paid to Advocacy body

-

(525,286)

- -

(525,286)

Interfund transfer

(71,871)

71,871

-

Net assets – End of year

19,197,608

31,935

1,808,325

1,000,000 22,037,868 21,252,760

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