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5-A: Statement of Operations
($ millions) | 2005– 2006 |
2006– 2007 |
2007–2008 | |||
Actual | Actual | Main Estimates | Planned Spending | Author- ized |
Actual | |
Respendable Revenue | 195.9 | 231.5 | 239.2 | 239.2 | 239.2 | 289.7 |
Less Operating Expenses: | ||||||
Salaries and employee benefits | 113.7 | 121.9 | 136.6 | 136.6 | 136.6 | 163.3 |
Employee termination benefits | 2.3 | 1.9 | 2.4 | 2.4 | 2.4 | 2.4 |
Passport material | 15.0 | 17.8 | 17.9 | 17.9 | 17.9 | 19.2 |
Passport operations at missions abroad | 4.4 | 4.4 | 4.4 | 4.4 | 4.4 | 4.4 |
Accommodation | 10.4 | 11.1 | 10.5 | 10.5 | 10.5 | 12.3 |
Professional and special services | 7.1 | 8.2 | 9.6 | 9.6 | 9.6 | 13.3 |
Depreciation | 12.6 | 12.5 | 14.5 | 14.5 | 14.5 | 12.4 |
Freight, express and cartage | 17.9 | 21.3 | 24.6 | 24.6 | 24.6 | 27.8 |
Telecommunications | 3.3 | 3.2 | 3.5 | 3.5 | 3.5 | 8.6 |
Printing, stationery and supplies | 3.1 | 3.0 | 2.9 | 2.9 | 2.9 | 3.7 |
Other | 9.3 | 11.3 | 9.2 | 9.2 | 9.2 | 17.4 |
Total operating expenses | 199.4 | 216.6 | 236.0 | 236.0 | 236.0 | 285.0 |
Surplus (Deficit) | (3.4) | 14.9 | 3.2 | 3.2 | 3.2 | 4.8 |
Since the table above refers to the Revolving Fund's operating surplus or deficit and not to cash requirements, the Fund has been calculated through accrual accounting. Therefore, the cash expenditures in the estimates do not affect the operating balance, and other items that must be considered when calculating the surplus or deficit
do not require a direct cash outlay. The two are reconciled in Table 5-B.
Due to rounding, figures may not add to totals shown.
5-B: Statement of Cash Flows
($ millions) |
2005–2006 |
2006–2007 |
2007–2008 |
|||
Actual |
Actual |
Main Estimates |
Planned Spending |
Author- |
Actual |
|
Surplus (Deficit) | (3.4) | 14.9 | 3.2 | 3.2 | 3.2 | 4.8 |
Add non-cash items: | ||||||
Depreciation | 12.6 | 12.5 | 14.5 | 14.5 | 14.5 | 12.4 |
Provision for employee termination benefits | 1.6 | 1.6 | - | - | - | 1.8 |
Add cash inflows: | ||||||
TB funding: Security Strategy & Office of the Auditor General (OAG) | 10.3 | 3.8 | - | - | - | - |
Treasury Board funding for unprecedented increased demand for passports | - | - | - | - | 55.0 | 31.7 |
Transfer of funds for National Integrated Information System | - | - | - | - | 0.2 | - |
Changes in working capital | (0.8) | 4.6 | (1.9) | (1.9) | (1.9) | (10.9) |
Investing activities: | ||||||
Acquisition of depreciable assets | (6.7) | (7.0) | (9.8) | (9.8) | (64.9) | (29.0) |
Cash Surplus | 13.7 | 30.4 | 6.1 | 6.1 | 6.1 | 10.8 |
Due to rounding, figures may not add to totals shown.
5-C: Projected Use of Authority
($ millions) |
Actual |
Actual |
2007–2008 |
|||
Main Estimates |
Planned Spending |
Author- |
Actual |
|||
Authority 1 | 4.0 | 4.0 | 4.0 | 4.0 | 4.0 | 4.0 |
Drawdown | ||||||
Balance as at April 1 | 16.7 | 30.3 | 29.7 | 29.7 | 29.7 | 60.8 |
Projected surplus | 13.7 | 30.4 | 6.1 | 6.1 | 6.1 | 10.8 |
30.3 | 60.8 | 35.7 | 35.7 | 35.7 | 71.6 | |
Projected Balance at March 31 | 34.3 | 64.8 | 39.7 | 39.7 | 39.7 | 75.6 |
1. Four million dollars is the maximum amount that may be drawn down at any time from the Consolidated Revenue Fund.
Due to rounding, figures may not add to totals shown.