Evaluate the company's financial standing using audited financial statements As at July 31 (in 000's) 2023 2022
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Evaluate the company's financial standing using audited financial statements
As at July 31 (in 000's) | 2023 | 2022 | As at July 31 (in 000's) | 2021 |
ASSETS | ASSETS | |||
Current | Current | |||
Cash | $12,139 | $14,023 | Cash | $15,907 |
Accounts receivable | 8,658 | 11,629 | Accounts receivable | 14,600 |
Non-hedging financial derivatives (Note 5) | 143 | 26 | Non-hedging financial derivatives (Note 5) | -91 |
Work-in-progress (Note 6) | 10,230 | 9,222 | Work-in-progress (Note 6) | 8,214 |
Prepaid expenses and other current assets | 1,186 | 857 | Prepaid expenses and other current assets | 528 |
32,356 | 35,757 | 39,158 | ||
Capital assets (Note 7) | 28,137 | 29,024 | Capital assets (Note 7) | 29,911 |
Deferred income taxes (Note 4) | 2,295 | 2,110 | Deferred income taxes (Note 4) | 1,925 |
$62,788 | $66,891 | $70,994 | ||
LIABILITIES | LIABILITIES | |||
Current | Current | |||
Accounts payable and accrued liabilities (Note 16) | $4,163 | $6,818 | Accounts payable and accrued liabilities (Note 16) | $9,473 |
Unearned revenue on work-in-progress (Note 6) | 655 | 693 | Unearned revenue on work-in-progress (Note 6) | 731 |
Current portion of long-term debt and lease liabilities (Note 8) | 1,448 | 4,360 | Current portion of long-term debt and lease liabilities (Note 8) | 7,272 |
Long-term debt subject to demand provisions (Note 8) | 2,799 | 5,129 | Long-term debt subject to demand provisions (Note 8) | 7,459 |
9,065 | 17,000 | 24,935 | ||
Long-term debt and lease liabilities (Note 8) | 7,816 | 3,479 | Long-term debt and lease liabilities (Note 8) | -858 |
SHAREHOLDERS' EQUITY | SHAREHOLDERS' EQUITY | |||
Share capital (Note 9) | 16,436 | 16,332 | Share capital (Note 9) | 16,228 |
Contributed surplus (Note 10) | 1,270 | 1,769 | Contributed surplus (Note 10) | 2,268 |
Retained earnings | 28,201 | 28,311 | Retained earnings | 28,421 |
45,907 | 46,412 | 46,917 | ||
$62,788 | $66,891 | $70,994 |
Related Book For
Using Financial Accounting Information The Alternative to Debits and Credits
ISBN: 978-1111534912
8th edition
Authors: Gary A. Porter, Curtis L. Norton
Posted Date: