L' Association Des Francophones De Nanaimo

Statement of Financial Position
As at March 31, 2008

2008 2007
Assets
Current
Cash 7,015 690
Short-term investment ; 50,297 48,316
Accounts receivable 30,558 36,803
GST receivable 4,051 5,878
Inventory 11,291 3,353
Prepaid expenses 3,300 3,300
106,512 98,340
Capital assets (Note 4) 16,096 15,718
Investment (Note 5) 26,253 25,363
148,86 139,421
Liabilities
Current
Bank indebtedness (Note 6) 32,459 32,169
Accounts payable and accruals 35,527 35,402
Deferred contributions (Note 7) 8,716 2,127
76,702 69,698
Net Assets
Unrestricted net assets 56,063 54,005
Investment in capital assets 16,096 15,718
72,159 69,723
148,861 139,421

Approved on behalf of the Board

oe Bmng/ AYeg an) Director

Director

The accompanying notes are an integral part of these financial statements
; MP