L'ASSOCIATION DES FRANCOPHONES DE NANAIMO STATEMENTS OF CHANGES IN NET ASSETS FOR THE YEAR ENDED MARCH 31, 2002 002 INVESTMENT IN CAPITAL ASSETS BALANCE AT BEGINNING OF YEAR $ 37,570 Capital asset additions funded by operations 12.495 BALANCE AT END OF YEAR $ 50,065 UNRESTRICTED NET ASSETS BALANCE AT BEGINNING OF YEAR $ 64,330 Excess (deficiency) of revenues over expenses 12.860 77,190 Capital asset purchases (12.495) BALANCE AT END OF YEAR $ 64.695 See notes to financial statements -3- N =) j=) aed $ 27,892 9.678 $ 37,570 $ 75,561 1,553) 74,008 (9,678) $__ 64,330 F BESTWICK& PARTNERS" CHARTERED ACCOUNTANTS © MANAGEMENT CONSULTANTS