Contact Trillium Mutual
1078 County Road 12
Formosa, ON N0G 1W0
Phone: (519) 367-5600
Fax: (519) 367-5681
admin@trilliummutual.com
130 John Street
Atwood, ON N0G 1B0
Phone: (519) 356-2582
Fax: (519) 356-2654
Consolidated Balance Sheet
December 31 |
2009 |
2008 |
| Assets | ||
| Cash and cash equivalents | $ 5,034,104 | $ 2,881,984 |
| Accounts receivable (Note 2) |
29,541,012 | 30,098,638 |
| Corporate income taxes recoverable | - | 1,016,907 |
| Prepaid expenses | 96,222 | 21,477 |
| Long term investments (Note 3) |
48,529,214 | 45,136,675 |
| Deferred policy acquisition expenses | 3,604,201 | 3,267,095 |
| Future income tax asset (Note 7) |
282,000 | 216,000 |
| Construction in progress (Note 11) |
1,393,206 | 344,869 |
| Capital assets (Note 4) | 2,705,243 | 1,662,747 |
| Other intangible assets | - | 30,000 |
| 91,185,202 | 84,676,392 | |
Liabilities and Surplus |
||
| Accounts payable and accrued liabilities | $ 3,214,102 | $ 1,797,346 |
| Due to Auto Facility Association | 1,436,606 | 1,477,732 |
| Unpaid claims (Note 5) | 42,014,358 | 41,899,848 |
| Income Taxes Payable | 75,871 | - |
| Unearned premiums | 16,037,966 | 14,501,009 |
| 62,778,903 | 59,675,935 | |
Surplus |
||
| Unappropriated members' surplus | 28,709,654 | 28,704,110 |
| Accumulated other comprehensive income (loss) | (303,355) | (3,703,653) |
| 28,406,299 | 25,000,457 | |
| $ 91,185,202 | $ 84,676,392 |
The accompanying notes are an integral part of these financial statements