L'Association des Francophones de Nanaimo
Statement of Changes in Net Assets
For the year ended March 31, 2009

Investment in
Capital Unrestricted

Assets Net Assets 2009 2008
Balance at beginning of year 16,096 56,063 72,159 69,723
Excess (deficiency) of revenues over expenses (6,161) (4,014) (10,175) 2,436
Capital asset additions funded by operations 7,825 (7,825) - -

ee a

Balance at end of year 17,760 44,224 61,984 72,159

The accompanying notes are an integral part of the financial statements

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