Municipal Financing Corporation of Saskatchewan (MFC)

Can anyone provide financial report of Municipal Financing Corporation of Saskatchewan (MFC)? My uncle wants financial report of Municipal Financing Corporation of Saskatchewan (MFC), so please give it as soon as possible.

[Rajkumar Agarwal]

Here I am giving Financial Report of Municipal Financing Corporation of Saskatchewan (MFC) for your reference:

Municipal Financing Corporation of Saskatchewan (MFC) Financial Report

DEBENTURES PURCHASED IN 2015

City of Humboldt $ 25
City of Martensville 2,100
RM of Turtle River 4,400
Town of Assiniboia 364
Town of Assiniboia 708
Town of Rocanville 438
Town of Rocanville 360
Town of Watson 250
Village of Canwood 129
Village of Gerald 224
Village of St. Benedict 100
$ 9,098
COMPARATIVE TABLE OF LENDING ACTIVITY
For the Year Ended December 31 2015 2014
(thousands of Canadian dollars)
Amount of debentures offered to the Corporation $ 10,601 $ 126,797
Prior year's purchase commitments carried forward 364 1,850
Total purchase commitments for the year $ 10,965 $ 128,647
Purchases completed 9,098 128,283
Purchase commitments outstanding at the year end $ 1,867 $ 364


MANAGEMENT’S RESPONSIBILITY FOR FINANCIAL STATEMENTS
Management has prepared the financial statements of the Municipal Financing Corporation of Saskatchewan in accordance with International Financial Reporting Standards on a basis consistent with that of the previous year. Management is responsible for the reliability and integrity of the financial statements and all other information contained in this Annual Report.
Management has the primary responsibility for the integrity and objectivity of the financial statements. To fulfill this responsibility, management maintains appropriate systems of internal controls, policies and procedures to provide reasonable assurance that assets are safeguarded and that the books and records reflect the authorized transactions of the Corporation.
Dudley and Company LLP, the Corporation’s external auditors, have reviewed the systems of internal control and audited the financial statements in accordance with Canadian generally accepted auditing standards to enable them to express their opinion on the financial statements. Their report appears on the following page.
The financial statements have been examined and approved by the Board of Directors.




Contact Details
Municipal Financing Corporation of Saskatchewan (MFC)
6th Floor, 2350 Albert Street, Regina, SK S4P4A6
Phone: (306) 787-8150