Quarterly Survey of Financial Statements ─ Local Credit Unions (F11)

Reporting entity

1. Indicate which type of corporation this report covers.

  1. A single corporation
  2. Part of a corporation
  3. A consolidated family of corporations
  4. Other (specify)

2. Is the reporting entity part of a Canadian consolidation?

  1. Yes
  2. No

3. Does this reporting entity have investments in partnerships or joint ventures?

  1. Yes
  2. No

4. Indicate the accounting standard used to complete this questionnaire.

  1. International Financial Reporting Standards (IFRS)
  2. Accounting Standards for Private Enterprises (ASPE)
  3. United States Generally Accepted Accounting Principles (U.S. GAAP)
  4. Other (specify)

5. Indicate the currency used to complete this survey.

  1. Canadian dollars
  2. U.S. dollars

6. What are the start and end dates of this enterprise's reporting period for the quarter ending:

  • From: YYYY-MM-DD to YYYY-MM-DD

Assets

7. Report your assets

  1. Cash and deposits ─ Canadian currency
  2. Cash and deposits ─ foreign currency
  3. Accounts receivable
  4. Allowance for credit losses on receivables
  5. Finance leases and lease contracts
  6. Investments in and claims on parent, subsidiaries and affiliates ─ shares and equity
    1. In Canada
    2. Outside Canada
  7. Investments in and claims on parent, subsidiaries and affiliates ─ accumulated earnings
    1. In Canada
    2. Outside Canada
  8. Investments in and claims on parent, subsidiaries and affiliates ─ debt claims on affiliates
    1. In Canada
    2. Outside Canada
  9. Canadian investments in non-affiliates ─ debt securities issued by the Government of Canada
  10. Canadian investments in non-affiliates ─ debt securities issued by provincial and municipal governments
  11. Canadian investments in non-affiliates ─ debt securities issued by corporations, trusts or others
  12. Canadian investments in non-affiliates ─ corporate shares, fund or trust units and other equity
  13. Canadian investments in non-affiliates ─ shares in centrals, leagues, federations and cooperatives
  14. Canadian investments in non-affiliates ─ other investments
  15. Foreign investments in non-affiliates ─ debt securities
  16. Foreign investments in non-affiliates ─ other investments
  17. Derivative assets
  18. Reverse repurchase agreements
  19. Mortgage loans to non-affiliates ─ secured by property in Canada
    1. Residential ─ to individuals and unincorporated businesses
    2. Residential ─ to corporations
    3. Residential ─ to others
    4. Non-residential ─ to individuals and unincorporated businesses
    5. Non-residential ─ to farms
    6. Non-residential ─ to corporations
    7. Non-residential ─ to others
  20. Mortgage loans to non-affiliates ─ secured by property outside Canada
  21. Mortgage loans to non-affiliates ─ accumulated allowance for credit losses
  22. Home equity lines of credit
  23. Non-mortgage loans to non-affiliates
    1. To individuals and unincorporated businesses ─ credit cards
    2. To individuals and unincorporated businesses ─ lines of credit
    3. To individuals and unincorporated businesses ─ other loans
    4. To farms
    5. To local credit unions
    6. To central credit unions
    7. To corporations
    8. To others
  24. Non-mortgage loans to non-affiliates ─ accumulated allowance for credit losses
  25. Fixed assets
    1. Depreciable assets and land
    2. Investment properties
    3. Accumulated depreciation
  26. Intangible assets
    1. Goodwill
    2. Other intangible assets
    3. Accumulated amortization
  27. Accrued pension asset
  28. ab. Deferred income tax asset
  29. ac. All other assets
    • Specify all major items within other assets
  30. ad. Other allowances for credit losses

Total assets

Liabilities and equity

8. Report your liabilities.

  1. Deposit liabilities ─ tax-sheltered deposits
    1. RRSP
    2. Other tax-sheltered deposits
  2. Deposit liabilities ─ deposits of individuals and unincorporated businesses
    1. Canadian currency
    2. Foreign currency
  3. Deposit liabilities ─ deposits of corporations resident in Canada
    1. Canadian currency
    2. Foreign currency
  4. Deposit liabilities ─ Deposits of non-resident
  5. Deposit liabilities ─ deposits of local credit unions
  6. Deposit liabilities ─ other deposits
  7. Accounts payable
  8. Income taxes payable
  9. Amounts owing to affiliates
    1. In Canada
    2. Outside Canada
  10. Borrowing from non-affiliates ─ mortgage loans
    1. Residential
    2. Non-residential
  11. Borrowing from non-affiliates ─ non-mortgage loans and overdrafts
    1. From lenders in Canada ─ banks
    2. From lenders in Canada ─ credit unions
    3. From lenders in Canada ─ other lenders in Canada
    4. From lenders outside Canada
  12. Borrowing from non-affiliates ─ centrals, leagues, federations and cooperatives
  13. Borrowing from non-affiliates ─ debt securities
  14. Borrowing from non-affiliates ─ other borrowings
  15. Equity securities classified as liabilities
  16. Derivative liabilities
  17. Obligations related to repurchase agreements
  18. Accrued pension liability
  19. Non-pension post retirement benefits
  20. Deferred income tax liability
  21. All other liabilities
    • Report liabilities not elsewhere specified.

Total liabilities

9. Report your equity.

  1. Share capital
    1. Members' shares
    2. Held by local credit unions
    3. Other
  2. Accumulated other comprehensive income
  3. General and other reserves
  4. Undivided surplus

Total equity

Total liabilities and total equity

10. Report your undivided surplus.

  1. Undivided surplus
    1. Opening balance
    2. Net income (loss) for the current period
    3. Transfers from (to) share capital
    4. Other additions (deductions)
      • Specify all major items within other additions (deductions)
  2. Dividends declared
    1. On shares
    2. Interest rebates and additional interest on savings deposits

Closing balance

Income Statement

11. What period does this income statement cover?

  • From: YYYY-MM-DD to YYYY-MM-DD

12. Report your revenue.

  1. Commissions and fees
  2. Interest revenue from Canadian sources
    1. Debt securities
    2. Debt claims on affiliates
    3. Mortgages
    4. Consumer loans
    5. Other interest revenue
  3. Interest revenue from foreign sources
  4. Dividends
    1. From Canadian corporations
    2. From foreign corporations
  5. Rental revenue
  6. Gains and losses ─ fair value adjustments
    1. Realized
    2. Unrealized
  7. Gains and losses ─ foreign exchange
    1. Realized
    2. Unrealized
  8. All other revenues
    • Specify all major items within other revenues

Total revenue

13. Report your expenses.

  1. Wages and salaries
  2. Employer portion of employee benefits
  3. Pension expense
    1. Current service cost
    2. Other pension expenses
  4. Stock options expense
  5. Indirect taxes
  6. Depreciation and amortization
    1. Depreciation
    2. Amortization ─ intangible assets
    3. Amortization ─ other
  7. Software and research development
  8. Impairments
    1. Credit losses on receivables
    2. Other impairments
  9. Interest expense
    1. Deposits
    2. Debt securities
    3. Other interest expense
  10. Dividends paid on equity securities classified as liabilities
  11. Expected credit provisions for losses on lease contracts and
  12. Charitable donations
  13. All other expenses
    • Specify all major items within other expenses

Total expenses

Income

14. Report your income.

  1. Income (loss) before income taxes
  2. Current income tax expense
  3. Deferred income tax expense
  4. Income (loss) after income taxes
  5. Equity in unconsolidated affiliates
  6. Net income (loss)
    1. Attributable to non-controlling interest
    2. Attributable to equity shareholders
  7. Other comprehensive income
    1. Items that will not be reclassified to net earnings
    2. Items that may be reclassified subsequently to net earnings
    3. Reclassification of realized (gains) losses to net earnings
    4. Income taxes
  8. Comprehensive income
    1. Attributable to non-controlling interest
    2. Attributable to equity shareholders

Disclosure of selected accounts

15. Report other disclosures.

  1. Equity method dividends
    1. Canadian dividends
    2. Foreign dividends
  2. Deposit liabilities (by type of account)
    1. Demand or savings deposit ─ chequing
    2. Demand or savings deposit ─ non-chequing
    3. Term deposits
      • Total deposit liabilities (by type of account)
  3. Securitized assets ─ recognized
    1. Credit cards
    2. Mortgages
    3. Other assets
  4. Securitized assets ─ unrecognized
    1. Credit cards
    2. Mortgages
    3. Other assets
  5. Capitalized expenses for software, research and development

Disclosure of selected accounts

16. Allocate the changes to selected assets and liabilities.

  1. Investments in and claims on parent, subsidiaries and affiliates
    1. Initial balance
    2. Net (purchases-sales or issuances-repayments and other changes)
    3. Fair value adjustments and foreign exchange valuation adjustments
    4. Other adjustments
      • Closing balance
    5. Realized gains and losses
  2. Canadian and foreign investments in non-affiliates ─ debt securities
    1. Initial balance
    2. Net (purchases-sales or issuances-repayments and other changes)
    3. Fair value adjustments and foreign exchange valuation adjustments
    4. Other adjustments
      • Closing balance
    5. Realized gains and losses
  3. Canadian and foreign investments in non-affiliates ─ corporate shares, fund or trust units and other equity
    1. Initial balance
    2. Net (purchases-sales or issuances-repayments and other changes)
    3. Fair value adjustments and foreign exchange valuation adjustments
    4. Other adjustments
      • Closing balance
    5. Realized gains and losses
  4. Canadian and foreign investments in non-affiliates ─ other investments in non-affiliates
    1. Initial balance
    2. Net (purchases-sales or issuances-repayments and other changes)
    3. Fair value adjustments and foreign exchange valuation adjustments
    4. Other adjustments
      • Closing balance
    5. Realized gains and losses
  5. Mortgage loans ─ to non-affiliates
    1. Initial balance
    2. Net (purchases-sales or issuances-repayments and other changes)
    3. Fair value adjustments and foreign exchange valuation adjustments
    4. Other adjustments
      • Closing balance
    5. Realized gains and losses
  6. Home Equity lines of credit
    1. Initial balance
    2. Net (purchases-sales or issuances-repayments and other changes)
    3. Fair value adjustments and foreign exchange valuation adjustments
    4. Other adjustments
      • Closing balance
    5. Realized gains and losses
  7. Non-mortgage loans to non-affiliates
    1. Initial balance
    2. Net (purchases-sales or issuances-repayments and other changes)
    3. Fair value adjustments and foreign exchange valuation adjustments
    4. Other adjustments
      • Closing balance
    5. Realized gains and losses
  8. Fixed assets ─ depreciable assets and land
    1. Initial balance
    2. Net (purchases-sales or issuances-repayments and other changes)
    3. Fair value adjustments and foreign exchange valuation adjustments
    4. Other adjustments
      • Closing balance
    5. Realized gains and losses
  9. Fixed assets ─ investment properties
    1. Initial balance
    2. Net (purchases-sales or issuances-repayments and other changes)
    3. Fair value adjustments and foreign exchange valuation adjustments
    4. Other adjustments
      • Closing balance
    5. Realized gains and losses
  10. Intangible assets
    1. Initial balance
    2. Net (purchases-sales or issuances-repayments and other changes)
    3. Fair value adjustments and foreign exchange valuation adjustments
    4. Other adjustments
      • Closing balance
    5. Realized gains and losses
  11. Other assets
    1. Initial balance
    2. Net (purchases-sales or issuances-repayments and other changes)
    3. Fair value adjustments and foreign exchange valuation adjustments
    4. Other adjustments
      • Closing balance
    5. Realized gains and losses
  12. Debt liabilities securities owing
    1. Initial balance
    2. Net (purchases-sales or issuances-repayments and other changes)
    3. Fair value adjustments and foreign exchange valuation adjustments
    4. Other adjustments
      • Closing balance
    5. Realized gains and losses
  13. Other liabilities
    1. Initial balance
    2. Net (purchases-sales or issuances-repayments and other changes)
    3. Fair value adjustments and foreign exchange valuation adjustments
    4. Other adjustments
      • Closing balance
    5. Realized gains and losses
  14. Derivatives (assets and liabilities)
    1. Initial balance
    2. Net (purchases-sales or issuances-repayments and other changes)
    3. Fair value adjustments and foreign exchange valuation adjustments
    4. Other adjustments
      • Closing balance
    5. Realized gains and losses
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