L'ASSOCIATION DES FRANCOPHONES DE NANAIMO

STATEMENT OF FINANCIAL POSITION

AS AT MARCH 31, 2004

ASSETS

CURRENT ASSETS
Short-term investments (quoted market value $45,000)
Accounts receivable
Inventory
Prepaid expenses

INVESTMENT (note 3)

CAPITAL ASSETS (note 4)

LIABILITIES
CURRENT LIABILITIES
Bank overdraft (note 5)
Accounts payable
NET ASSETS
INVESTMENT IN CAPITAL ASSETS
UNRESTRICTED NET ASSETS
Approved by the Directors
Director
Director

See notes to financial statements

-2-

2004

$ 45,000
30,895
2,513

1,692

80,100

23,127

—___ 65.907

$ 169.134

$ 29,339

14.987

44.326

65,907

—___58.901

124.808

$ 169.134

$ 43,731

58.465

$ 142,591

€

$ 17,045

7,430

—___24.475

58,465

59,651

118.116

$ 142,591