Annual Report 2025-2026

The Association of Professional Engineers and Geoscientists of the Province of British Columbia Notes to Non-consolidated Financial Statements June 30, 2026

8 Deferred contributions

2026 $

2025 $

Deferred contributions and other deferred revenue – Beginning of year

80,706 1,118,310 (971,724)

133,247 1,217,785 (1,270,326)

Amounts received

Amounts recognized as revenue

Deferred contributions and other deferred revenue – End of year

227,292

80,706

9 Deferred fees

2026 $

2025 $

Professional Engineers and Geoscientists registrant fees Engineer and Geoscientist-in-training registrant fees

8,512,071 1,660,378 124,977

8,023,535 1,573,316 111,580

Professional licensee

Advantage program for student registration fees

8,800

8,650

Firms registrant fees

3,357,547

3,199,330

13,663,773

12,916,411

10 Commitments

The Organization has operating lease commitments for office equipment for the next two years requiring the following minimum payments: $ 2027 17,351 2028

11,513 28,864

11 Defined contribution plan

The Organization has established a defined contribution plan for its employees, under which employees contribute 5% of their qualifying gross earnings and the Organization contributes 7.85% of qualifying employees’ gross earnings. Defined contribution plan expense for the year was $1,254,502 (2025 – $1,169,209).

12 Controlled funds

The Organization controls the operations and provides accounting and administration services to the Foundation. The results and net assets of the Foundation are not consolidated in the non-consolidated financial statements of the Organization.

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