C S E G AN N U AL RE P O R T 2 0 17 3 8 DIR E C T O R S R EP O R T S FI N A N CI A L S CA NA DIA N S O CIE T Y OF EXP LORA T I ON G E OPHY SICIST S S t at e m e nt of Financ i a l P osit i on De ce m be r 3 1 2 017 20 17 20 16 A SS ET S CUR RE NT Cas h 15 936 2 17 010 0 A c c o unts r ec e iv ab le 13 087 22 599 Con ve ntio n d eve lo pm e nt f u nd 41 926 32 759 Goods and ser v ic e s ta x r e c o ve r ab le 2 11 P r epa id ex p ens e s 99 67 74 72 22 455 3 23 293 0 F URNIT U RE AND E Q UIP ME N T No te 5 78 49 10 614 RE ST RICT E D F UNDS 10 716 32 10 716 32 13 040 34 13 151 76 L I A B I L I T I E S A N D N ET A SSE T S CUR RE NT L IAB ILIT I ES A c c o unts pay ab le and ac c ru ed ex p en s es 25 213 21 411 D e f er r e d i nc om e 26 324 38 206 51 537 59 617 N ET A SS ET S Cap ita l a s s e ts 78 49 10 614 Gener a l f u nd 17 301 6 17 331 3 Res t r icted f unds 10 716 32 10 716 32 12 524 97 12 555 59 13 040 34 13 151 76 ON BE H A LF O F T HE B OA RD Dir ec tor Dir ec tor S ee n otes to f in an c ia l s ta tem e nts 2 CA NA DIA N S O CIE T Y OF EXP LORA T I ON G E OPHY SICIST S S t at e m e nt of Financ i a l P osit i on De ce m be r 3 1 2 017 20 17 20 16 A SS ET S CUR RE NT Cas h 15 936 2 17 010 0 A c c o unts r ec e iv ab le 13 087 22 599 Con ve ntio n d eve lo pm e nt f u nd 41 926 32 759 Goods and ser v ic e s ta x r e c o ve r ab le 2 11 P r epa id ex p ens e s 99 67 74 72 22 455 3 23 293 0 F URNIT U RE AND E Q UIP ME N T No te 5 78 49 10 614 RE ST RICT E D F UNDS 10 716 32 10 716 32 13 040 34 13 151 76 L I A B I L I T I E S A N D N ET A SSE T S CUR RE NT L IAB ILIT I ES A c c o unts pay ab le and ac c ru ed ex p en s es 25 213 21 411 D e f er r e d i nc om e 26 324 38 206 51 537 59 617 N ET A SS ET S Cap ita l a s s e ts 78 49 10 614 Gener a l f u nd 17 301 6 17 331 3 Res t r icted f unds 10 716 32 10 716 32 12 524 97 12 555 59 13 040 34 13 151 76 ON BE H A LF O F T HE B OA RD Dir ec tor Dir ec tor S ee n otes to f in an c ia l s ta tem e nts 2