Annual Report 2024-25

The Association of Professional Engineers and Geoscientists of the Province of British Columbia Notes to Non-consolidated Financial Statements June 30, 2025

3 Cash

2025 $

2024 $

Cash

3,612,486 463,066

2,772,199 448,406

High interest savings accounts

4,075,552

3,220,605

The Organization has access to a pre-approved line of credit, secured by the building and land, with a limit of $500,000, of which $nil was drawn at year-end (2024 – $nil).

4 Short-term investments

2025 $

2024 $

Guaranteed investment certificates Government of Canada treasury bills

939,733

988,909

28,142,993

27,819,293

29,082,726

28,808,202

5 Accounts receivable

2025 $

2024 $

Government grants

250,633 3,431 19,000 267,945 445,648 32,196 90,873 69,370 352,378

229,167

Receivables from registrants Project grants (other associations)

-

14,895 250,149 568,707 51,017 90,873 58,842 116,756

Other support services

Pan-Canadian academic exams

Innovation magazine

Affinity program

GST Other

1,531,474

1,380,406

6 Intangible assets

2025

2024

Accumulated amortization $

Cost $

Net $

Net $

Internally generated software

1,911,957

1,484,307

427,650

492,874

(5)