EGBC_AnnualReport_2023-2024

The Association of Professional Engineers and Geoscientists of the Province of British Columbia Notes to Non-consolidated Financial Statements June 30, 2024

Summary financial information on the Foundation controlled funds is as follows:

2024 $

2023 $

Total assets Total liabilities

1,740,303 279,470

1,442,611 193,764

Net assets

1,460,833

1,248,847

Revenue – contributions and investment income

352,901

213,173

Expenses and grants

145,915

85,953

Cash flows from operating activities Cash flows used in investing activities

315,981 (208,106)

103,672 (197,926)

Registrant supported branches and divisions

The Organization has a number of special interest divisions that allow registrants with common technical backgrounds or other interests to share and disseminate information and to review and develop policy in that area. All the Organization registrants are assigned to one of the 20 regional branches and divisions. Branches are led by an executive group composed of volunteers who serve as the registrants’ regional representatives and link back to the Organization leadership. 2024 $ 2023 $ Total assets 127,756 387,887 Total liabilities 29,755 25,336 Net assets 98,001 362,551 Revenue 80,057 101,137 Expenses 340,607 115,353 Cash flows used in operating activities (260,549) (14,217)

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