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SECTION III: SUPPLEMENTARY INFORMATION
Financial Highlights
| Condensed Statement of Financial Position At End of Year (March 31, 2009) |
% Change | 2009 | 2008 |
|---|---|---|---|
| ASSETS | |||
| Accounts Receivables and Advances | -22.9% | 172 | 223 |
| Prepaid Expenses | 5.0% | 881 | 839 |
| Tangible capital Assets | -8.8% | 18,038 | 19,774 |
| Total Assets | -8.4% | 19,091 | 20,836 |
| TOTAL | -8.4% | 19,091 | 20,836 |
| LIABILITIES | |||
| Accounts Payables and accord liabilities | -18.6% | 5,886 | 7,233 |
| Vacation pay and compensatory leave | -7.5% | 1,019 | 1,102 |
| Employee severance benefits | -3.1% | 5,539 | 5,715 |
| Total Liabilities | -11.4% | 12,444 | 14,050 |
| EQUITY | -2.1% | 6,647 | 6,786 |
| Total Equity | -2.1% | 6,647 | 6,786 |
| TOTAL | -8.4% | 19,091 | 20,836 |
| Condensed Statement of Financial Position At End of Year (March 31, 2009) |
% Change | 2009 | 2008 |
|---|---|---|---|
| CONTRIBUTION | - 7.7% | 1,200 | 1,300 |
| OPERATING EXPENSES | 6.7% | 52,839 | 49,511 |
| Total Expenses | 6.4% | 54,039 | 50,811 |
| NET COST OF OPERATIONS | 6.4% | 54,039 | 50,811 |
Financial Highlights Charts
2008-2009 Net Cost of Operations
The net cost of operations for fiscal year 2008-2009 was $54M, an increase of 6.4% over the previous year's net cost of operation of $50.8M. Salaries and employee benefits, in the amount of $34.4M, represent the largest portion with 64% of the total cost. Other operating expenses, in the amount of $18.4M detailed in the chart below, represent 34% of the total cost. Finally, the Contribution for the establishment of the Egmont Group Secretariat totalling $1.2M in 2008-2009, represents 2% of the net cost of operations.
2009 Operating Expenses
(excluding salaries and
employee benefits)
Operating expenses, excluding salaries and employee benefits, totalled $18.4M in fiscal year 2008-2009. The most important expenses were the Amortization of Tangible Capital Assets ($4.8M), Professional and Special Services ($3.8M), Accommodations ($3.5M), Repair and Maintenance ($3.4M) and Travel and Relocation ($1M). Other significant costs were Telecommunications services, Utilities Material and Supplies, and Machinery and equipment.
Financial Statements
FINTRAC's financial statements can be found at:
http://www.fintrac-canafe.gc.ca/publications/pub-eng.asp
List of Supplementary Information Tables
The following supplementary information table to the 2008-09 Departmental Performance Report can be found on the Treasury Board of Canada Secretariat's website at: http://www.tbs-sct.gc.ca/dpr-rmr/st-ts-eng.asp.
- Horizontal Initiatives
- Response to Parliamentary Committees and External Audits
- Internal Audits and Evaluations
