26
Statement of Financial Position
2015 2014
ASSETS
CURRENT
Cash $ 1,168,079 $ 437,554
Accounts receivable 933,518 308,914
Prepaid expenses and sundry 8,868 18,135
Loan receivable, affiliated company - 417,817
2,110,465 1,177,322
INVESTMENT 10,000 -
CAPITAL ASSETS $ 496,681 $ 84,875
2,617,146 1,262,197
LIABILITIES
CURRENT
Accounts payable and accrued liabilities $ 71,360 $ 186,513
Government remittances payable 8,623 3,186
Loan payable, affiliated company 48,540 -
Deferred revenue 1,232,234 497,135
1,360,757 686,834
LONG -TERM
Deferred capital contributions 477,818 60,826
1,838,575 747,660
NET ASSETS
UNRESTRICTED 778,571 514,537
$ 2,617,146 $ 1,262,197
TakingITGlobal's Financial Statements have been audited by Arnini Stellato LLP.
