Ontario Genomics Institute /
2012 Annual Report

header_tcag

The genetic blueprint for all living organisms is encoded in DNA, a sequence of molecules made up of adenine (A), cytosine (C), guanine (G) and thymine (T).

Consolidated Statement of Financial Position

March 31, 2012, with comparative figures for 2011
  2012 2011
Assets
Current assets:
Cash 3,890,422 4,819,079
Accounts receivable (note 2) 60,951 172,698
Advances to genomics research projects 1,946,461 42,297
Deposits and prepaid expenses 87,315 92,115
5,985,149 5,126,189
Long-term advances (note 3) 275,000 450,000
Capital assets (note 4) 17,400 15,914
6,277,549 5,592,103
Liabilities and Net Assets
Current liabilities:
Accounts payable and accrued liabilities (note 5) 261,080 255,302
Deferred contributions (note 6) 4,524,829 3,842,144
Net assets:
Internally restricted (note 7) 17,400 15,914
Unrestricted 1,474,240 1,478,743
1,491,640 1,494,657
Commitments (note 11)
6,277,549 5,592,103

See accompanying notes to consolidated financial statements.

On behalf of the Board:

b-underdown_sig
Director

m-poznansky_sig
Director