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2024 Annual ReportSaskatchewan Association for Safe Workplaces in Health Inc.CONTENTS Association Info .................................................................................................................................................................................... 42024 Board of Directors ..................................................................................................................................................................8Board Executive Message .......................................................................................................................................................... 10Message from the CEO ................................................................................................................................................................. 12Industry Updates ................................................................................................................................................................................14Operational Updates ...................................................................................................................................................................... 18Financial Statements ......................................................................................................................................................................263• Association Info •

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5SASWH STAFFSandra Cripps.................................................................................................................................................................................................................CEOJe Schwan .............................................................................................................................................................. Director of Workplace SafetyAimée Smith .......................................................................................................................................... Director of Programs and InnovationSarah Barker ..............................................................................................................................................................Exec Admin/Oce ManagerVince Bell ..................................................................................................................................................................... Workplace Safety SpecialistGeminiece Cheesman .........................................................................................................................................Workplace Safety SpecialistBrenda Coben ..........................................................................................................................................................Workplace Safety SpecialistTom Dickson .......................................................................................................................................................................WSS - Trainer/FacilitatorBrittany Gosselin ..................................................................................................................................................................... Training CoordinatorTia Hampton ................................................................................................................................................................Temp. Training CoordinatorTim Hosaluk ................................................................................................................................................................ Workplace Safety SpecialistKatryona King ............................................................................................................................................................................Training CoordinatorJody Palmer ................................................................................................................................................................ Workplace Safety SpecialistLouise Rogoschewsky..................................................................................................................................................WSS - Trainer/FacilitatorCandy Rokosh ..................................................................................................................................................................................Finance/HR ClerkBruce Romanow ...................................................................................................................................................... Workplace Safety SpecialistMegan Santoro ......................................................................................................................................................... Workplace Safety SpecialistLinda Szabo ................................................................................................................................................................Workplace Safety SpecialistJulius Villanueva ...................................................................................................................................................... Workplace Safety Specialist• Association Info •

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Core ValuesSTEWARDSHIPStewardship is acted out with accountability, responsibility, ownership, decisiveness, and behaviour that supports the acquisition of knowledge.HEALTH & SAFETYHealth and safety are realized as values which are attained through shared responsibility and placing high priority on behaviour that focuses on prevention.INNOVATIONInnovation ourishes with attitudes of exibility, adaptability, openness, creativity, and forward thinking that embraces new ideas.RESPECTRespectful relationships are created with attitudes that embrace diversity and use sound judgement with a focus on active listening with intention.TRUSTTrust is evidenced through accountability, reliability, sharing responsibility, and working towards common goals and strategies despite dierences.TRANSPARENCYTransparency is realized in environments that exhibit openness and the sharing of complete information.COLLABORATIONCollaboration envisions attitudes of common purpose, willingness to give and take on issues, as well as seeking common ground and strengthening relationships.COMMITMENTCommitment ourishes when Board members can be counted on to deliver in spite of obstacles and opposition.2024 Annual ReportSaskatchewan Association for Safe Workplaces in Health Inc.6• Association Info •

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2024 BOARD OF DIRECTORSDENISE DICK, CHAIR, WORKER DIRECTORSUN - First Vice-PresidentKYLE MATTHIES, VICE-CHAIR, EMPLOYER DIRECTORSHA - Executive Director, Organizational Development and Employee WellnessMIKE EDGE, TREASURER, EMPLOYER DIRECTORSHA - Executive Director, Sta Safety KAREN ABREY, EMPLOYER DIRECTORSHA - Executive Director, Continuing CareNICK FATTORE, WORKER DIRECTOR AT LARGEHSAS - Labour Relations OcerGENNY GOODYEAR, WORKER DIRECTORSGEU - Health Information Management PractitionerKERRI HYSUICK, EMPLOYER DIRECTORSHA - Executive Director, Tertiary and Surgical Services ReginaBRENT KITCHEN, EMPLOYER DIRECTOR (FINAL YEARSHA - Executive Director, Enterprise and Risk ManagementHEATHER MONAGHAN, EMPLOYER DIRECTOR AT LARGEAPCHOS - Personal Care Home OperatorJASON MONTEITH, WORKER DIRECTORSEIU West - Vice-PresidentCORINNE SOPEL, WORKER DIRECTORCUPE Local 5430 - General Vice-PresidentFRANK SUCHORAB, EMPLOYER DIRECTOR AT LARGEOliver Lodge - Executive Director/CEOKRISHNA VEGUNTA, WORKER DIRECTOR (FINAL YEAR)HSAS - Physiotherapist2024 Annual ReportSaskatchewan Association for Safe Workplaces in Health Inc.9• 2024 Board of Directors •

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2024 Annual ReportSaskatchewan Association for Safe Workplaces in Health Inc.2024 was packed with many accomplishments for our safety association! One of those achieve-ments is the organization’s ongoing commitment to engage with our membership. There were numer-ous opportunities where SASWH collaborated with system partners on key safety issues facing the health-care industry. It is through these collective eorts with system partners that bring evidence of the organiza-tion’s commitment towards making health and safety a priority for all.The Association celebrated another year of providing safety training and education to over 15,000 partici-pants, with an increase of 5.1% over the prior year. This growth aligns with the ongoing trend of rising demand for safety training among G22 members, healthcare programs students, and non-members. Despite the surge in demand, SASWH sta managed to main-tain eciency and responsiveness, ensuring that all members received timely access to essential training opportunities. This accomplishment not only under-scores the Association's commitment to enhancing safety standards but also highlights its ability to adapt and meet the evolving needs of our diverse audience.The membership survey that launched last summer provided the organization with excellent feedback on how SASWH’s services can best meet the needs of our members. Within the responses, we heard a request for more frequent communication including information on legislative changes, injury statistics in healthcare, and updates on safety training and education. SASWH responded to this request with the launch of SASWH Connects e-magazine which focuses on legislative updates, safety talks, industry statistics, and engaging articles that are relevant to the healthcare industry. The current and prior issues can be found on our website at SASWH Connects e-magazine.The theme for the upcoming Annual General Meeting (AGM) is Innovation Reduces Injury. This virtual event will showcase the benets of investing in innovative ideas, employers and workers working collaboratively to address safety concerns, as well as best and prom-ising practices in health and safety. Small changes in daily practices can lead to big improvements in a work-place’s safety culture!As part of the AGM, Dr. Michelle Cardoso and Dr. Wayne Albert will be sharing information regarding the Vendlet powered patient transfer aid system. SASWH is excited to partner with the Saskatchewan Workers’ Compensa-tion Board and the University of Moncton in a research development partnership to potentially introduce the Vendlet system into the Canadian healthcare system. This technology shows promise in the reduction of worker injury and promotion of safe patient care in the healthcare sector.On behalf of the Board, we would like to extend our gratitude to the Worker and Employer Directors who completed their terms of oce. We are fortunate to have such knowledgeable and dedicated individuals participate on the Board of Directors, and all have left a positive inuence on the organization! We are encour-aged by the new Directors appointed to the Board and look forward to their contributions in the coming years.We commend our safety association’s sta for their accomplishments, productivity, and consistent eorts to oer safety programs and services. The team continues to exemplify SASWH’s mission, vision, and values in their work with healthcare professionals across the province.Denise Dick, Kyle Matthies, and Mike EdgeSASWH Board Executive11• 2024 Board Executive Message •

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MESSAGE FROM THE CEO2024 Annual ReportSaskatchewan Association for Safe Workplaces in Health Inc.2024 was a blur of activity and productivity for the Saskatchewan Association for Safe Workplaces in Health! Team members showed impressive leadership in taking on priority tasks throughout the year. At the top of the list is the revision of Professional Assault Response Training®, one of SASWH’s agship training programs. Linda Szabo, Workplace Safety Specialist, collaborated with PART® instructors from across the province and her SASWH team members to develop and rene new PART® 6th Edition content which enhances the program's focus on de-escalation techniques and improved clarity for trainers and participants. We extend our heartfelt gratitude to everyone involved in the revisions for their unwavering dedication and collaborative spirit, which were crucial in achieving a quality outcome. By actively listening to the input of our partners, we demonstrated the kind of leadership that is essential for fostering an organizational culture that prioritizes worker safety. This accomplishment is a testament to the power of teamwork and collective eort, and we are proud of what we have achieved together.12• 2024 CEO Message •

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2024 Annual ReportSaskatchewan Association for Safe Workplaces in Health Inc.Below are a few examples of what was achieved in 2024 through teamwork and a common goal of workplace health and safety:• Our association now has a full complement of sta, enhancing our ability to meet the needs of membership. We are especially excited to see the impact of the recently developed position of Direc-tor of Programs and Innovation.• SASWH team members travelled 140,741 kilome-ters to provide quality training programs and safety consultation services.• Over 15,000 participants received safety training.• SASWH launched the Series of Seven educatio-nal modules to enhance education for healthcare professionals at all levels of an organization: perso-nal care home operators, supervisors, managers, and front-line workers.• Safety Management System base audits and compliance audits were conducted with feedback provided to members on what is working well in their organization and what areas require greater focus.• Workplace Violence Risk Assessments were completed in four system partner locations.In collaboration with one of our members, LutherCare Communities, we established an SASWH training center in Saskatoon. This milestone accomplishment not only promotes the delivery of required safety programs and services to our members in the area but also reduces the administrative burden to locate a suitable training space for members who don’t have one readily available. SASWH would like to extend special thanks to Sandra Myers, Vikramjit Singh, and Richard Lungal for their support and collaboration.In 2025, I look forward to enriching our successful existing partnerships, researching and developing new methods of creating safe workplaces, reducing injuries, and strengthening the workplace safety culture in the healthcare sector. I would also like to thank the Board of Directors, past and current, for the development of the strong foundation of SASWH’s values and mission. SASWH’s sta have committed to promote and uphold these standards to ensure workplace health and safety is a priority for all.On behalf of the SASWH team, please enjoy a safe 2025!Sandra CrippsCEO13• 2024 CEO Message •

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2019-2023 TOP FIVE PARTS OF THE BODY INJUREDG22 RATE CODEBack - 20.4%Hand - 14.6%Body system - 12.7%Shoulder - 10.9%Multiple injuries - 9.8% 2024 Annual ReportSaskatchewan Association for Safe Workplaces in Health Inc.The Transferring Lifting Repositioning (TLR®) Program© helps address common injuries for the G22 rate code. The healthcare industry is an unpredictable work environment which can sometimes lead to increased injury rates. SASWH is proud to oer TLR® training to all G22 members at no cost to help reduce musculoskeletal injuries. Sessions are oered at our training space in Regina and Saskatoon, or we can provide a private session at your facility. 2024 INDUSTRY UPDATES14• 2024 Industry Updates • Source: Saskatchewan Workers' Compensation Board

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2024 Annual ReportSaskatchewan Association for Safe Workplaces in Health Inc.TOP CONTRAVENTIONS FOR G22OHS Reg 31-6 Patient moving and handlingOHS Reg 4-4 Frequency of meetingsOHS Reg 3-8 Training of workersOHS Reg 3-14 Maintenance and repair of equipmentOHS Reg 4-9 Training of representatives, committee membersOHS Reg 3-26 Violence PolicyOHS Reg 3-1 General duties of employersOHS Reg 21-12 Eye ushing equipmentOHS Reg 3-6 Supervision of workOHS Reg 25-2 Fire safety plansOHS Reg 6-18 Musculoskeletal injuriesAct 3-21 Duty re: policy statement on violence and prevention planOHS Reg 3-24 Working alone or at isolated place of employmentHave questions regarding a contravention? Please reach out to SASWH and we will be able provide you with a variety of resources and training that align to the current legislation. 15The SASWH Programs and Services Guide includes information on all the training and services provided to our members. If you are listed under the G22 rate code with WCB, you are automatically a member of SASWH, and are eligible for the following membership perks:• Safety training at low to no cost.• Safety Management System consulting and assistance.• Train the Trainer programs to assist with building internal capacity.• Safety Talks and resources.SASWH Programs and Services Guide• 2024 Industry Updates • Source: Ministry of Labour Relations and Workplace Safety

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2024 Annual ReportSaskatchewan Association for Safe Workplaces in Health Inc.In 2024 there were 61,733 compensation days paid in the G22 sector which is equivelant to removing 237 FTE from the workforce due to workplace injury.17• 2024 Industry Updates • Average age of worker when injured (G22)42.3Percentage of injuries to workers under age 3531%Statistics provided from Saskatchewan Workers' Compensation BoardINJURY AND TIME LOSS STATSWorkSafe Saskatchewan released an update to the 2023-2028 Fatalities and Serious Injuries Strategy in June 2024. While Saskatchewan’s 2023 total injury rate was the lowest on record for the province with a drop of 57.62% from 2009 to 2023, the healthcare industry continues to be a high-risk industry, having reported the most serious injuries of all sectors in 2023. Musculoskeletal injuries are the top reported cause of serious injury claims in healthcare. SASWH continues to advocate for MSI prevention through the use of training such as Transferring Lifting Repositing (TLR®). Employers should prioritize worker safety and reduce injuries by ensuring training is up-to-date and include TLR® Safety Talks into sta meetings on a regular basis. SASWH is committed to working with our system partners in pursuit of WorkSafe’s objective of reducing serious injuries in the healthcare sector by 10% by December 31, 2028.

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2024 Annual ReportSaskatchewan Association for Safe Workplaces in Health Inc.2024 STAFF TIME TOWARDS KPIAnnually, SASWH creates a series of Key Performance Indicators (KPI) that cover a variety of tasks performed by sta and goals for the organization. The objectives are reviewed quarterly, with updates provided to our Board of Directors and Saskatchewan Workers' Compensation Board, who is SASWH's primary funding partner. These objectives do not cover all areas of operations, but focus mostly on SASWH's top goals for the year. • 2024 Operational Updates • 20Key Performance Indicators (KPIs): A quantiable measure used to evaluate the key strategic objectives (outcomes) that contribute to the achievement of a strategic priority. KPIs have been provided for each key initiative and will be used to measure the outcome.1 2 76543 171098 131211 1514 162024 Key Performance Indicator (KPI)Total Hours

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2024 Annual ReportSaskatchewan Association for Safe Workplaces in Health Inc.Colour Key2024 Key Performance Indicator (KPI)Hours Towards KPI1Each Workplace Safety Specialist will have 75% connectivity with their assigned G22 membership in 2024, achieving 18.75% connectivity each quarter.1093.802Strengthen current relationships and build new connections to support safety in the healthcare sector by participating in meetings, etc. with members.1400.833Each Workplace Safety Specialist will identify up to three G22 members to ensure that they have an eective Safety Management System in place.156.754Increase the stang complement of Workplace Safety Specialists by two FTE positions.160.255Respond to requests from targeted G22 members/facilities for needed services within 24 business hours of receipt of the request.2175.176Conduct Workplace Violence Risk Assessments.288.757Provide Transferring Lifting Repositioning (TLR®) for EMS training (General and Train the Trainer).204.428Provide Transferring Lifting Repositioning training (General and Train the Trainer) and Rollout TLR® Onsite Re-evaluation Assessment Tool – Trainers Only.1969.599Provide Professional Assault Response Training (PART®) (General and Train the Trainer).2099.6310Provide Occupational Health Committee (OHC) Level I and Level II training.628.4211Provide Safety for Supervisors training.551.2412Conduct a satisfaction survey of G22 membership.31.0013IPAC support for home operators and assess the activity of the past four years to support home operators to address infection prevention and control and produce a summary report for the funders by Q3.118.5814Contracted safety consultants will continue to work with the Good Spirit School Division to align safety work to the elements of the Safety Management System.109.4215File all required documents and reports within established timelines.220.6716Complete annual nancial audits including preparation and post-audit follow-up.110.5017Collaborate with WCB and others on funding guidelines for safety association funding agreements.93.83• 2024 Operational Updates • 21

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2024 Annual ReportSaskatchewan Association for Safe Workplaces in Health Inc.22TRAINING SPACESSASWH is proud to oer both private and open sessions at our training centres in Regina and Saskatoon. Each location is fully equipped for all training programs oered.Open registration sessions are scheduled in advance and listed in the training calendar on our website. Employers can book individual workers into these sessions if they do not have the minimum amount of participants needed for a private session. Private sessions for a single organization can be held at an SASWH training centre or at the employers’ facility. For more information on private training sessions, please email info@saswh.ca.Top Photo - Regina training equipmentBottom Photo - Regina classroom training spacePhotos left to right- Saskatoon training space, lift equipment, two styles of beds• 2024 Operational Updates • CLICK HERE TO ACCESS THE CURRENT TRAINING CALENDARCLICK HERE TO ACCESS THE CURRENT TRAINING CALENDAR

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2024 Annual ReportSaskatchewan Association for Safe Workplaces in Health Inc.SASWH saw a 12.7% DECREASE in "windshield time" in 2024!!In 2023, a signicant goal was set to reduce "windshield time," the duration employees spend driving, due to its impact on safety. We are pleased to announce a successful reduction of 12.7% over the past year. This achievement is largely attributed to the establishment of a dedicated training space in Saskatoon and the strategic expansion of our workforce which has enabled us to more eectively meet the needs of our G22 members. By investing in these initiatives, we've not only enhanced safety but also improved operational eciency, paving the way for continued progress in our safety and service goals.23• 2024 Operational Updates •

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Frequency of Communications from SASWH2024 Annual ReportSaskatchewan Association for Safe Workplaces in Health Inc.• 2024 Operational Updates • 24AND THE SURVEY SAYS….Last year, G22 workers and employers were invited to participate in a survey to help SASWH identify the health and safety priorities of our membership. This valuable feedback will be consulted for many projects over the coming years, including the development of new materials, planning and scheduling training programs and other events, and establishing SASWH’s Strategic Priorities for 2026-2028.What sector do you work in? Frontline Supervisors Long-term care 47% 29% Hospital setting 32% 24% Home and community care 10% 25% Emergency medical services 3% 8% Assisted/independent living 2% 10% Other* 6% 4%*Other: oce | FN health | sta safety | clinic | infection control | education – healthcare | HRHow long have you worked in healthcare? Less than 2 years 5% 2-5 years 11% 6-10 years 14% 10-15 years 18% 16-20 years 16% More than 20 years 36%A key component of the survey was to assess the demand for additional communication between SASWH and our members. The feedback was that the majority of those surveyed would like to receive regular updates regarding:• Health and safety legislation;• Best practices;• Upcoming health and safety events;• Statistics on safety; and, • Organization/industry updates. We are happy to announce that in fall of 2024, the quarterly SASWH Connects e-magazine was launched! The publication is available in ipbook format and PDF format. Interested in joining our mailing list to get the next issue delivered to your inbox? Please click the link below. SIGN UP NOW FOR THE SASWH MAILING LIST

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MANAGEMENT'S RESPONSIBILITY FOR FINANCIAL REPORTINGThe financial statements of Saskatchewan Association for Safe Workplaces in Health Inc. have beenprepared in accordance with Canadian accounting standards for not-for-profit organizations (ASNPO).When alternative accounting methods exist, management has chosen those it deems most appropriate inthe circumstances. These statements include certain amounts based on management's estimates andjudgments. Management has determined such amounts based on a reasonable basis in order to ensurethat the financial statements are presented fairly in all material respects. The integrity and reliability of Saskatchewan Association for Safe Workplaces in Health Inc.'s reportingsystems are achieved through the use of formal policies and procedures, the careful selection ofemployees and an appropriate division of responsibilities. These systems are designed to providereasonable assurance that the financial information is reliable and accurate. The Board of Directors is responsible for ensuring that management fulfills its responsibility for financialreporting and is ultimately responsible for reviewing and approving the financial statements. The Boardcarries out this responsibility principally through its Finance Committee. The Finance Committee isappointed by the Board and meets periodically with management and the members' auditors to reviewsignificant accounting, reporting and internal control matters. Following its review of the financialstatements and discussions with the auditors, the Committee reports to the Board of Directors prior to itsapproval of the financial statements. The Committee also considers, for review by the Board and approvalby the members, the engagement or re-appointment of the external auditors.The financial statements have been audited on behalf of the members by MWC Chartered ProfessionalAccountants LLP, in accordance with Canadian generally accepted auditing standards.Chief Executive OfficerBoard ChairRegina, SKMarch 03, 20252024 Annual ReportSaskatchewan Association for Safe Workplaces in Health Inc.• Financial Statements • 28

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INDEPENDENT AUDITOR'S REPORTTo the Members of Saskatchewan Association for Safe Workplaces in Health Inc.OpinionWe have audited the financial statements of Saskatchewan Association for Safe Workplaces in HealthInc. (the "Association"), which comprise the statement of financial position as at December 31, 2024, andthe statements of operations, changes in net assets and cash flows for the year then ended, and notes tothe financial statements, including a summary of significant accounting policies.In our opinion, the accompanying financial statements present fairly, in all material respects, the financialposition of the Association as at December 31, 2024, and the results of its operations and cash flows forthe yearthen ended in accordance with Canadian accounting standards for not-for-profit organizations(ASNPO).Basis for OpinionWe conducted our audit in accordance with Canadian generally accepted auditing standards. Ourresponsibilities under those standards are further described in the Auditor's Responsibilities for the Auditof the Financial Statements section of our report. We are independent of the Association in accordancewith ethical requirements that are relevant to our audit of the financial statements in Canada, and we havefulfilled our other ethical responsibilities in accordance with these requirements. We believe that the auditevidence we have obtained is sufficient and appropriate to provide a basis for ouropinion.Responsibilities of Management and Those Charged with Governance for the FinancialStatementsManagement is responsible for the preparation and fair presentation of the financial statements inaccordance with ASNPO, and for such internal control as management determines is necessary to enablethe preparation of financial statements that are free from material misstatement, whether due to fraud orerror.In preparing the financial statements, management is responsible for assessing the Association's ability tocontinue as a going concern, disclosing, as applicable, matters related to going concern and using thegoing concern basis of accounting unless management either intends to liquidate the Association or tocease operations, or has no realistic alternative but to do so.Those charged with governance are responsible for overseeing the Association's financial reportingprocess.(continues)22024 Annual ReportSaskatchewan Association for Safe Workplaces in Health Inc.• Financial Statements • 29

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Independent Auditor's Reportto the Members of Saskatchewan Association for Safe Workplaces inHealth Inc. (continued)Auditor's Responsibilities for the Audit of the Financial StatementsOur objectives are to obtain reasonable assurance about whether the financial statements as a whole arefree from material misstatement, whether due to fraud or error, and to issue an auditor’s report thatincludes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that anaudit conducted in accordance with Canadian generally accepted auditing standards will always detect amaterial misstatement when it exists. Misstatements can arise from fraud or error and are consideredmaterial if, individually or in the aggregate, they could reasonably be expected to influence the economicdecisions of users taken on the basis of thesefinancial statements. As part of an audit in accordance with Canadian generally accepted auditing standards, we exerciseprofessional judgment and maintain professional skepticism throughout the audit. We also:Identify and assess the risks of material misstatement of the financial statements, whether due tofraud or error, design and perform audit procedures responsive to those risks, and obtain auditevidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detectinga material misstatement resulting from fraud is higher than for one resulting from error, as fraud mayinvolve collusion, forgery, intentional omissions, misrepresentations, or the override of internalcontrol.Obtain an understanding of internal control relevant to the audit in order to design audit proceduresthat are appropriate in the circumstances, but not for the purpose of expressing an opinion on theeffectiveness of the Association’s internal control.Evaluate the appropriateness of accounting policies used and the reasonableness of accountingestimates and related disclosures made by management.Conclude on the appropriateness of management’s use of the going concern basis of accountingand, based on the audit evidence obtained, whether a material uncertainty exists related to events orconditions that may cast significant doubt on the Association’s ability to continue as a going concern.If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’sreport to the related disclosures in the financial statements or, if such disclosures are inadequate, tomodify our opinion. Our conclusions are based on the audit evidence obtained up to the date of ourauditor’s report. However, future events or conditions may cause the Association to cease to continueas a going concern.Evaluate the overall presentation, structure and content of the financial statements, including thedisclosures, and whether the financial statements represent the underlying transactions and events ina manner that achieves fair presentation.We communicate with those charged with governance regarding, among other matters, the plannedscope and timing of the audit and significant audit findings, including any significant deficiencies in internalcontrol that we identify during our audit.Chartered Professional AccountantsRegina, SaskatchewanMarch 3, 2025 MWC Chartered Professional Accountants LLP32024 Annual ReportSaskatchewan Association for Safe Workplaces in Health Inc.• Financial Statements • 30

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SASKATCHEWAN ASSOCIATION FOR SAFEWORKPLACES IN HEALTH INC.Statement of Financial PositionDecember 31, 202420242023ASSETSCURRENTCash$928,753$743,034Investments (Note 4)1,126,1291,124,153Accounts receivable20,92724,429Goods and services tax recoverable9073,633Prepaid expenses16,18012,3502,092,8961,907,599CAPITAL ASSETS (Note 5)50,6675,289$2,143,563$1,912,888LIABILITIES AND NET ASSETSCURRENTAccounts payable$37,352$54,585Wages payable54,17958,688Employee deductions payable17,25313,661Deferred revenue (Note 6)357,965457,306466,749584,240DEFERRED CAPITAL FUNDING (Note 6)42,376-509,125584,240NET ASSETSUnrestricted Fund508,309204,495Reserve and Capital Restricted Fund1,126,1291,124,1531,634,4381,328,648$2,143,563$1,912,888CONTINGENT FUNDING (Note 7) LEASE COMMITMENTS (Note 8) ON BEHALF OF THE BOARD_____________________________ Director_____________________________ DirectorSee notes to financial statements42024 Annual ReportSaskatchewan Association for Safe Workplaces in Health Inc.• Financial Statements • 31

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SASKATCHEWAN ASSOCIATION FOR SAFEWORKPLACES IN HEALTH INC.Statement of OperationsYear Ended December 31, 202420242023REVENUES Saskatchewan Worker's Compensation Board fundingAnnual operating$2,121,800$1,871,800Education Sector Safety Initiative153,623220,479 Ministries of Health and Social Services funding:Specialized Infection Prevention and Control67,237113,039Specialized Infection Prevention and Control - capital funding10,594- Other revenuesTraining and development program fees135,13095,377Interest51,14438,532Prairie Harm Reduction Initiative3,51834,277EMS lift sheet program13139Defensive Driving Initiative3936,0132,543,2162,409,556EXPENSESSalaries and benefits1,487,6621,364,142Special Projects (Schedule 1)224,611417,508Training and development204,854222,464Rent129,691123,039Office64,19253,224Communications51,94854,801Professional fees21,0299,682Insurance12,35211,772Amortization of infection prevention equipment10,594-Utilities9,71610,506Repairs and maintenance8,3869,787Amortization of capital assets7,07214,624Advertising3,6252,789Memberships1,6943152,237,4262,294,653EXCESS OF REVENUES OVER EXPENSES$305,790$114,903See notes to financial statements52024 Annual ReportSaskatchewan Association for Safe Workplaces in Health Inc.• Financial Statements • 32

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SASKATCHEWAN ASSOCIATION FOR SAFEWORKPLACES IN HEALTH INC.Statement of Cash FlowsYear Ended December 31, 202420242023OPERATING ACTIVITIESExcess of revenues over expenses$305,790$114,903Items not affecting cash:Amortization17,66614,624Reinvested interest(1,977)(11,076)Deferred capital funding recognized(10,594)-310,885118,451Changes in non-cash working capital:Accounts receivable3,5025,561Accounts payable(17,231)2,694Deferred revenue(99,341)106,371Prepaid expenses(3,830)1,816Goods and services tax payable2,726(796)Wages payable(4,509)1,719Employee deductions payable3,59299(115,091)117,464Cash flow from operating activities195,794235,915INVESTING ACTIVITIESPurchase of investments-(96,706)Purchase of capital assets(63,045)-Cash flow used by investing activities(63,045)(96,706)FINANCING ACTIVITYCapital funding received52,970-Cash flow from financing activity52,970-INCREASE IN CASH FLOW185,719139,209CASH - BEGINNING OF YEAR743,034603,825CASH - END OF YEAR$928,753$743,034See notes to financial statements72024 Annual ReportSaskatchewan Association for Safe Workplaces in Health Inc.• Financial Statements • 34

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SASKATCHEWAN ASSOCIATION FOR SAFEWORKPLACES IN HEALTH INC.Notes to Financial StatementsYear Ended December 31, 20241.NATURE OF OPERATIONSSaskatchewan Association for Safe Workplaces in Health Inc. (the "Association") is a not-for-profitorganization of Saskatchewan.The Associations mission is to make workplace health and safety a priority for all. The Association isfunded by the Saskatchewan Workers' Compensation Board (Sask WCB) through a portion ofpremiums paid by healthcare employees.The Association is exempt from income taxes under subsection 146(1)(e) of the Canadian IncomeTax Act.2.SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of presentationThe financial statements were prepared in accordance with Canadian accounting standards for not-for-profit organizations (ASNPO).Revenue recognitionThe Association follows the deferral method of accounting for contributions which includes fundingfrom government agencies. Unrestricted contributions are recognized as revenue when received orreceivable if the amount to be received can be reasonably estimated and collection is reasonablyassured. Restricted contributions are recognized as revenue in the year in which the relatedexpenses are incurred. Training and development revenues are recognized in the year the related event occurs or service isprovided. Interest income is recognized in the period earned. Miscellaneous revenue is recognizedwhen received.Fund accounting The Association used fund accounting with the following funds:a) Unrestricted Fund - reports the day-to-day operations of the Associationb) Reserve and Capital Restricted Fund - internally restricted by the Board of Directors, reportsmonies set aside to provide sustainable operations for the Association, provide for specialinitiatives as directed by the Board, and a capital reserve. Investment earnings which arereceived in the year are not restricted and are transferred to the Unrestricted Fund forgeneral operations. Capital assetsCapital assetsare stated at cost or deemed cost less accumulated amortization and are amortizedover their estimated useful lives on a straight-line basis at the following rates:Office furniture and equipment5 yearsLeasehold improvements5 yearsComputer hardware5 yearsRespirator fit test equipment5 years(continues)82024 Annual ReportSaskatchewan Association for Safe Workplaces in Health Inc.• Financial Statements • 35

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SASKATCHEWAN ASSOCIATION FOR SAFEWORKPLACES IN HEALTH INC.Notes to Financial StatementsYear Ended December 31, 20242.SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES(continued)The Association regularly reviews its capital assets to eliminate obsolete items. A full year ofamortization is taken in the year of acquisition.Financial instruments Financial instruments are recorded at fair value when acquired or issued. In subsequent periods,financial assets with actively traded markets are reported at fair value, with any unrealized gains andlosses reported in income. All other financial instruments are reported at amortized cost, and testedfor impairment at each reporting date. Transaction costs on the acquisition, sale, or issue of financialinstruments are expensed when incurred.Financial assets including cash, investments and accounts receivable are reported at amortized cost.Financial liabilities including accounts payable and accrued liabilities are measured at amortized cost.Use of estimatesThe preparation of the financial statements in conformity with Canadian accounting standards for not-for-profit organizations requires management to make estimates that affect the reported amounts ofassets and liabilities, and disclosure of contingent assets and liabilities at the date of the financialstatements and the reported amounts of revenues and expenses during the period.Significant items subject to such estimates and assumption include the carrying amounts of accountsreceivable, amortization of capital assets, and salary allocations. Actual results could differ fromthese estimates.3.ECONOMIC DEPENDENCEThe Association is reliant on the ongoing funding from Sask WCB in order to maintain operations atthe current level. 4.INVESTMENTS20242023Investments consist of:Fixed income securities$1,100,000$1,100,110Accrued interest26,12924,028Cash-15$1,126,129$1,124,153Fixed income securities include market GICs earning interest between 2.25% and 5.20% (2023 -2.11% and 5.70%) and mature between February 2025 and December 2025 (2023 - February 2024and February 2025). Investments are reported as current as they are available upon short notice. Investments areintended to be renewed on maturity and are held for long-term sustainability of the Association.92024 Annual ReportSaskatchewan Association for Safe Workplaces in Health Inc.• Financial Statements • 36

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SASKATCHEWAN ASSOCIATION FOR SAFEWORKPLACES IN HEALTH INC.Notes to Financial StatementsYear Ended December 31, 20245.CAPITAL ASSETS 20242023AccumulatedNet bookNet bookCostamortizationvaluevalueOffice furniture and equipment$112,542$112,542$-$4,102Leasehold improvements41,56141,561--Computer hardware138,027129,7368,2911,187Respirator fit test equipment52,97010,59442,376-$345,100$294,433$50,667$5,2896.DEFERRED REVENUEThe Association receives funding from agencies which is restricted to specific programming. TheSask WCB provides for the Education Sector Safety Initiative program which was extended to July31, 2025 and the Defensive Driving Initiative. The Ministries of Health and Social Services (MHSS)provides for the Specialized Infection Prevention and Control program which ran until June 30, 2024and as of yearend the Association is in discussions with the funder to extend the contract. At thediscretion of the funding agencies any unused funding is either returned to the funding agency orcarried forward to be used for the ongoing specific program of the Association.Funding components related to the acquisition of capital assets is recognized into income on theamebasis the related asset is amortized.As part of the operational deferred revenues there are $735 of fees paid in advance from membersfor training and education courses.OpeningReceivedRecognizedEndingOperational fundingSask WCB$200,582$87,908$(153,577)$134,913MHSS256,72432,830(67,237)222,317Training and development fees-735-735457,306121,473(220,814)357,965Capital fundingMHSS-52,970(10,594)42,376$457,306$174,443$(231,408)$400,341No funding was required to be returned to the funding agency in 2024 or 2023.102024 Annual ReportSaskatchewan Association for Safe Workplaces in Health Inc.• Financial Statements • 37

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2024 Annual ReportSaskatchewan Association for Safe Workplaces in Health Inc.SASKATCHEWAN ASSOCIATION FOR SAFEWORKPLACES IN HEALTH INC.Notes to Financial StatementsYear Ended December 31, 20247.CONTINGENT FUNDINGAs is common with most funding agreements there exists, at the discretion of the funding agency, torequire repayment of funds if the Association is not in compliance with the terms and conditions ofthe agreements or if the services are not able to be carried out in entirety. No provision for possible funding repayments is recorded in the current financial statements as theAssociation has considered all activities to be in compliance with the requirements of the funding.Any notice of funding repayment is recorded in the year it is made known to the Association.8.COMMITMENTSAs at December 31, 2024, the Association has lease commitments related to the rental of officespace and vehicles. The office rental terminates April 30, 2027 and has an option to renew for anadditional five years. The vehicle leases vary in terms with expiration dates ranging from June 4,2025 to May 31, 2029.Office RentalVehiclesTotal2025$61,800$55,571$117,371202661,80026,74988,549202722,70026,74949,4492028-13,67613,6762029-5,1525,1529.FINANCIAL INSTRUMENTS The Association is exposed to various risks through its financial instruments and management isresponsible to monitor, evaluate and manage these risks. The following analysis providesinformation about the Association's risk exposure and concentration as of December 31, 2024.Liquidity riskLiquidity risk is the risk that an entity will encounter difficulty in meeting obligations associated withfinancial liabilities. The Association is exposed to this risk mainly in respect of its receipt of fundsfrom its customers and other related sources, and accounts payable.Credit riskCredit risk arises from the potential that a counter party will fail to perform its obligations. TheAssociation is exposed to credit risk related to services provided to customers in advance ofpayments being received. The Association has assessed credit risk as low. Although the Association has, at various times during the year, a significant receivable related tothe funding under the Sask WCB and MHSS programming, no concentration of risk has beenidentified due to the nature of the funding agencies.The Association utilizes an allowance for doubtful collections based on specific identification ofcustomer accounts which have been assessed by management as uncollectible. As at yearend noallowance has been recorded as all amounts are considered fully collectible.11• Financial Statements • 38

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