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Forex Worksheet

This worksheet supports foreign currenc! translations using *ank of Canada rates % providing comprehensive
rate data for popular currencies, and calculating rates for custom periods.

+our clients situation,

The! are a part%owner of a foreign real estate partnership
The financial statements of the partnership are issued in -. dollars
The income needs to be reported on their Canadian personal tax returns

+ear ended /ec 0$, 1'$0

Income statement
o Income 12,'''
o Interest expense &,'''
o Propert! taxes $,'''
o -tilities 0,'''

The roof was upgraded, and needs to be capitali3ed
o /ate 4pr 1(, 1'$0
o 4mount &,'''

Calculate the unad5usted rental income of the propert!, and the amount that should be added to the
undepreciated capital cost of the building in Canadian dollars.
Prepared Andrew Oct 1, 2014
Reviewed
Approved
# Currency Direction Period Date Ref
1.00 1.00 1.00 1.00
1 USD to CAD ear ended Dec !1, 201! 1.02""14#0 USD 24,000.00 CAD 24,$1$."% &$$%
2 USD to CAD ear ended Dec !1, 201! 1.02""14#0 USD #,000.00 CAD #,2!".!2
! USD to CAD ear ended Dec !1, 201! 1.02""14#0 USD 1,000.00 CAD 1,02"."1
4 USD to CAD ear ended Dec !1, 201! 1.02""14#0 USD !,000.00 CAD !,0#".$4
' USD to CAD ear ended Dec !1, 201! 1.02""14#0 USD 12,000.00 CAD 12,!'#."# o
% USD to CAD ear ended Dec !1, 201! 1.02""14#0 USD CAD (
$ USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD #,000.00 CAD #,1''.20 * &$$%#CCA
# USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
" USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
10 USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
11 USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
12 USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
1! USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
14 USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
1' USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
1% USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
1$ USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
1# USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
1" USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
20 USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
21 USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
22 USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
2! USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
24 USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
2' USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
2% USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
2$ USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
2# USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
2" USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
!0 USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
!1 USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
!2 USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
!! USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
!4 USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
!' USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
!% USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
!$ USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
!# USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
!" USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
40 USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
41 USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
42 USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
4! USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
44 USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
4' USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
4% USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
4$ USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
4# USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
4" USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
'0 USD to CAD Avera)e for day Apr 2', 201! 1.01"40000 USD CAD (
+ew roof up)rade
+ote,
-r. A ( Rea. /,tate Partner,0ip
CAD 1ore2 3or4,0eet
ear ended Dec !1, 201!
Rate Ori)ina. currency Converted currency
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