Look at the figures for long-term investments,
they've taken their investments and cashed in.
Land and buildings has pretty much stayed the same
(just a small increase there). While Other capital assets
have doubled. Yet the Total assets figure has gone down
by 50 million in one year.
Then look at Assets less liabilities line:
They've used up their cash buying new assets (and supplies).
Now skip to Total cost of all purchased supplies and assets:
They've been spending a lot more and more every year to the
tune of 160+million since 2009, and 50+ million just last year.
And one last look at Amortization of capitalized assets line:
That means a "depreciation" of their assets broken up into
installments, last year that was over 5 million.
So, the Canadian Branch has been making huge purchases.
Some other entity(-ies) have ended up with a third of the total
wealth of the Canadian Branch.
What have they gotten for spending a third of their assets?
Not land and buildings. That figure shows little increase.
It's in the "purchased supplies" rather than assets that you'll
find the huge expenditures.
Since we know a lot of the printing has moved from the U.S.
to Canada, I feel it would be safe to guess that the U.S. Branch
sold Canada the equipment and other supplies for printing, thus
showing a great expenditure on the Canadian Branch, while the
U.S. Branch, or whichever other WT entity sold the materials
became $50+ million richer last year.
