This is the sixth in a series of seven posts. The intention is to provide a transparent, truthful and clear accounting of the facts.
These are Squamish Nation responses to some of the public statements made by members of the Partnership (Dennis L. Baker, Frank J. Baker, Darlene Garrick, Pamela Baker, Wayne C. Baker and Wade S. Baker and we understand, Lucy Emily Baker) that operated the Capilano Mobile and RV Park.
Issue # 6
MEMBER OF PARTNERSHIP:
“none of the profits are showing in the financials.”
SQUAMISH NATION RESPONSE:
The revenues received from the Trailer Park have always been, and continue to be listed in the Audited Consolidated Financial Statements under “Lease Revenue.” As the Partnership is no longer operating the Trailer Park under a lease, we will determine the most appropriate way to report this revenue in future Audited Consolidated Financial Statements.