26 WAUBET EK BU SIN ES S DEVEL O PM E N T CORPO RA TIO N SU PPL EM E N T A R Y F I NA N C I A L I N F O R M A TI O N S chedul e of A s s et s Li abi l i t i es a n d Fund B al ances I n ves t m ent Funds A ugus t 31 201 4 w i t h com par a t i v e f i gur es f or 20 1 3 WAUBETEK BUSINESS DEVELOPMENT CORPORATION Supplementary Financial Information Detailed Schedule of Special Projects Operating Year ended August 31 2014 with comparative information for 2013 NACCA Enhanced A ccess FedNor Mining Strate gy Aquaculture Initiative FedNor Local Initiative Fund Strategic Community Entrepreneur ship Pro j ects FedNor Regional Economic Initiatives Other Pro j ects NACCA Board Trainin g Summer Jobs for Youth NACCA Staff Trainin g 2014 Total 2013 Total Revenue Government Contributions Industry Canada FedNo r 32969 18501 68785 120255 96397 A boriginal Affairs and Northern Development Canada 21205 21205 20812 Ministry of Community and Social Services 252553 252553 246550 Department of Fisheries and Oceans 139590 139590 Ministry of Economic Development Trade and Employment 34436 46593 81029 83709 National Aboriginal Capital Corporation Association 31360 21188 15649 68197 55637 Other 19051 82862 1350 103263 72299 50411 32969 139590 18501 34436 68785 82862 21188 252553 67798 16999 786092 575404 Expenses A dvertising 6020 2491 772 767 10050 4385 Conference s 1782 34970 16639 2699 24186 46521 15242 29356 50038 4930 226363 134496 Employee benefits 4328 3088 13324 1581 22321 22410 General 1710 1710 Office supplies 292 4173 721 1533 6358 1360 14437 13307 Professional fees 10875 5010 20236 5870 4158 19007 228 4120 69504 53300 Salaries 59375 2016 8544 43000 181596 11208 305739 247666 Local initiatives 15999 15999 26967 Youth bursar y 11221 11221 11421 Travel 12603 1231 24206 486 16602 2548 751 5946 2140 6524 7949 80986 41993 25552 41211 136687 18501 34436 72822 66675 21188 252553 71706 16999 758330 555945 Excess deficiency of revenue over expenses 24859 8242 2903 4037 16187 3908 27762 19459 Net assets beginning of year 159683 179136 159683 Waubetek contributions 8242 4037 16187 3908 Transfer to restricted 24859 24859 6 Net assets end of year 2903 159683 182039 179136 Youth Entrepreneurship Program 17