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Section 3: Supplementary Information
3.1 Financial Highlights
| (in thousands of dollars) | Percent Change |
2008 | 2007 |
| At End of Year (March 31, 2008): Condensed Statement of Financial Position |
|||
| Assets | |||
| Financial Assets | 4.6 | 1,634,501 | 1,561,930 |
| Non-Financial Assets | 3.1 | 111,286 | 107,908 |
| TOTAL | 4.5 | 1,745,787 | 1,669,838 |
| Liabilities | |||
| Total Liabilities | -2.0 | 2,248,007 | 2,295,007 |
| Equity | |||
| Total Equity | 19.7 | (502,220) | (625,169) |
| TOTAL | 4.5 | 1,745,787 | 1,669,838 |
| For the Year (Ended March 31): Condensed Statement of Operations |
|||
| Expenses | |||
| Transfer Payments | -16.2 | 609,831 | 728,093 |
| Operating Expenses | -1.3 | 757,958 | 768,239 |
| Total Expenses | -8.6 | 1,367,789 | 1,496,332 |
| Revenues | |||
| Total Revenues | 3.9 | 727,546 | 700,261 |
| Net Cost of Operations | -19.6 | 640,243 | 796,071 |
D
Total liabilities were $2,248 million at the end of 2007–08, a decrease of $47 million (2 percent) versus last year’s total liabilities. Deferred revenue and accounts payable continued to be the largest components of liabilities. Together they were 80.7 percent of total liabilities.
D
Total assets were $1,746 million at the end of 2007–08, an increase of $76 million (4.5 percent) versus last year’s total assets. Investments continued to be the largest asset component, representing 61 percent of assets.
D
Total expenses were $1,368 million at the end of 2007–08, a decrease of $129 million (8.6 percent) versus last year’s total expenses. Major expense areas included transfer payments and salaries and employee benefits.
Total revenues were $728 million at the end of 2007–08, an increase of $27 million (3.9 percent) versus last year’s total revenues. Sales of services accounted for almost 94 percent of total revenues.
3.2 List of Tables
- Loans, Investments and Advances (Non-budgetary)
- Sources of Respendable and Non-Respendable Revenue
- User Fees/External Fees
- Details on Industry Canada’s Transfer Payment Programs (TPPs)
- Foundations (Conditional Grants)
- Horizontal Initiatives
- Sustainable Development Strategy
- Response to Parliamentary Committee, Audits and Evaluations
- Internal Audits and Evaluations
- Travel Policies
- Financial Statements of Department of Industry
