NDAEB Annual Report 2019

National Dental Assisting Examining Board - Bureau national d'examen d'assistance dentaire The notes are an integral part of these financial statements. 5 For the year ended December 31 Statement of Changes in Net Assets Invested in tangible capital and Restricted for Restricted intangible occupational for litigation 2019 2018 Unrestricted assets analysis reserve Total Total Balance, beginning of the year $ 87,675 $ 298,652 $ 60,000 $ 75,000 $ 521,327 $ 504,327 Excess of revenues over expenses Purchase of tangible capital and intangible assets Amortization of tangible capital and intangible assets Repayment of long-term debt Balance, end of the year 161,862 - - - 161,862 17,000 (20,315) 20,315 - - - - 46,491 (46,491) - - - - (13,965) 13,965 - - - - $ 261,748 $ 286,441 $ 60,000 $ 75,000 $ 683,189 $ 521,327