ACFA Balance Sheet
As at December 31, 2009
(These financial statements are prepared on a cost basis using GAAP)
(thousands of dollars)

  2009 Budget
Assets  
Cash $     9,471
Accrued interest receivable 100,646
Loans to local authorities  7,473,337
  $7,583,454
   
Liabilities and Shareholders' Equity  
   
Liabilities  
Accrued interest payable    90,478
Debt  7,463,853
  $7,554,331
   
Shareholders' Equity  
Share capital 64
Retained earnings       29,059
      $29,123
   
  $7,583,454

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