EGBC_AnnualReport_2023-2024

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, 2024

2024 $

2023 $

Revenue Fees

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

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

15,353,871 3,230,281 2,469,095 1,249,750

24,596,349

22,302,997

Other revenue Affinity programs Annual conference

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

493,380 260,872 1,764,245 631,766 736,444 1,905,498 1,185,892

Grant and project administration Innovation magazine and other advertising

Investment income Miscellaneous (note 14)

Continuing education and programs

7,556,674

6,978,097

Total revenue

32,153,023

29,281,094

Expenses Contract and consulting services Contract and consulting services on grants Engineers Canada assessment

3,174,561 1,929,564 353,235 609,097 101,526 71,643 822,779 618,680 1,590,644 400,357 492,710 17,778,796 178,473 563,779 328,935

3,052,671 1,411,858 377,877 493,019 103,315 83,305 751,704 354,748 1,505,089 482,973 466,073 15,523,910 178,546 485,075 195,200

Examinations

Geoscientists Canada assessment

Grants and awards

Legal

Meetings, room rentals and special events Office, general and miscellaneous (note 15) Premises and operating costs Printing, publication and distribution costs Salaries and employee benefits Secondary professional liability insurance premiums

IT and telecommunications

Travel

Total expenses before amortization

29,014,779

25,465,363

Excess of revenue over expenses before amortization

3,138,244

3,815,731

Amortization Intangible assets

294,928 428,757

204,379 427,173

Property and equipment

Total amortization

723,685

631,552

Excess of revenue over expenses for the year

2,414,559

3,184,179

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