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51

4. SHORT-TERM INVESTMENTS

Short-term investments consist of investments in guaranteed investment certificates and term deposits totaling $41,080,000 (2015

– $46,282,500). Individual interest rates range from 0.65% and 1.45% and will mature between April 5, 2016 and March 27, 2017.

5. ACCOUNTS RECEIVABLE

March 31, 2016

March 31, 2015

Trade accounts receivable

$

1,875,768

$

1,499,651

GST input tax credits receivable

313,937

257,672

Advances to suppliers, contractors and employees

264,806

382,802

$

2,454,511

$

2,140,125

SIGA’s exposure to credit and impairment losses related to trade and other receivables is disclosed in Note 20.

6. INVENTORIES

Inventories totaling $7,101,731 were recognized as food and beverage cost of goods sold for the year ended March 31, 2016

(2015 – $6,965,920). No write-downs of inventories were noted for the year ended March 31, 2016 (2015 – $nil), and there

were no reversals of write-downs from previous years.

NOTES TO THE FINANCIAL STATEMENTS

Year Ended March 31, 2016