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FIRST NATIONS DEVELOPMENT INSTITUTE AND SUBSIDIARYConsolidated Financial StatementsandIndependent Auditors' ReportJune 30, 2009 and 2008FIRST NATIONS DEVELOPMENT INSTITUTE AND SUBSIDIARYTable of ContentsPageIndependent Auditors' Report....................................................................................................................1Consolidated Financial StatementsConsolidated Statements of Financial Position..............................................................................2Consolidated Statements of Activities...........................................................................................3Consolidated Statements of Cash Flows........................................................................................4Notes to Consolidated Financial Statements..................................................................................5Accompanying InformationConsolidated Statement of Functional Expenses - For the Year Ended June 30, 2009...............22 - For the Year Ended June 30, 2008...............23Consolidating Statement of Financial Position - June 30, 2009..................................................24g Statement of Activities - For the Year Ended June 30, 2009...............................25INDEPENDENT AUDITORS' REPORTTo the Board of DirectorsFirst Nations Development Institute and SubsidiaryLongmont, ColoradoWe have audited the accompanying consolidated statements of financial position of ...
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