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Section III: Supplementary Information

Financial highlights

The financial highlights presented in this section are drawn from the Secretariat's financial statements.^[22] The financial statements are prepared in accordance with Treasury Board accounting policies, which are consistent with generally accepted accounting principles for the Canadian public sector.

The Secretariat's assets are mainly comprised of accounts receivables from other government departments, whereas its liabilities are mostly accounts payables to other government departments and public service insurance payments. The expenses include approximately $1.7 billion for government-wide programs such as the Public Service Health Care Plan, the Public Service Dental Care Plan, and other insurance and pension programs. Total revenues consist mainly of parking revenues.

($ millions)

Condensed Statement of Financial Position At March 31, 2009	Per Cent Change	2009	2008
Total assets	111.4%	243,175	115,020
Total liabilities	0.7%	474,649	471,285
Total equity	-35%	(231,474)	(356,265)
Total	111.4%	243,175	115,020

The increase of $128.1 million under Total assets is mainly attributable to receivables from federal government departments. The increase of $3.4 million under Total liabilities is mainly attributable to an increase in employee severance benefits.

($ millions)

Condensed Statement of Financial Position At March 31, 2009	Per Cent Change	2009	2008
Total expenses	5.6%	1,971,599	1, 867,402
Total revenues	5%	15,753	15,004
Net cost of operations	5.6%	1,955,846	1, 852,398

The increase of $104.5 million under Total expenses is mainly attributable to an increase in centrally managed funds related to the following: employer's share of health, disability, and life insurance premiums; provincial payroll taxes and pension, benefit, and insurance plans for employees engaged locally outside Canada; and an increase in departmental salaries and employee benefits. The increase of $0.8 million under Total revenues is mainly attributable to the recovery of pension administration costs.

Trend analysis

The Secretariat's actual program spending in PA 1, 2, and 4 increased over the last three years for the following reasons: the reconstitution of the OCG, the enhancement of the Chief Information Officer Branch, the establishment of a sector to oversee services, transfers to the Secretariat of programs from other departments (e.g., Regulatory Affairs and Regional Communications from the Privy Council Office), and increases in collective agreement rates of pay to the Secretariat's employees. Dedicated funding for new programs such as the implementation of the FedAA and the new Policy on Internal Audit also contributed to an increase in spending.

 

Expenditures in public service insurance include the payment of the employer's share of insurance plans, unemployment insurance, and other related expenses.

Public service employer payments have increased because of growth in the government-wide wage envelope as well as increases in medical costs. This has resulted in an increase in actual spending.

Actual spending will likely fall below planned spending because the planned figure represents the maximum cost that benefit plans could incur.

Other items of interest

Appendix: Other Accomplishments Aligned to Program Activities

The Appendix is available on the Secretariat's website.^[23]

List of supplementary information tables

The following tables as well as the financial statements are available on the Secretariat's website.^[24]

Table 1: Sources of Respendable and Non-respendable Revenue

Table 2-A: User Fees

Table 2-B: External Fees 2008–09

Table 3: Sustainable Development Strategy

Table 4: Green Procurement

Table 5: Response to the Auditor General of Canada's Recommendations

Table 6: Response to Parliamentary Committees

Table 7: Internal Audits

Table 8: Internal Evaluations

Treasury Board of Canada Secretariat Financial Statements (Unaudited)

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[1] http://www.tbs-sct.gc.ca/chro-dprh/index-eng.asp

[2] http://www.tbs-sct.gc.ca/dpr-rmr/2008-2009/index-eng.asp

[3] Throughout this document, the word "department" refers to both departments and agencies.

[4] Planned and actual human resources include 195 full-time equivalents for the Corporate Services Sector.

[5] For program descriptions, refer to the Main Estimates at http://www.tbs-sct.gc.ca/est-pre/estime.asp

[6] http://www.tbs-sct.gc.ca/ppg-cpr/frame-cadre-eng.aspx

[7] http://www.tbs-sct.gc.ca/rpp/2008-2009/inst/tbd/tbdtb-eng.asp

[8] http://www.sft-ddt.gc.ca/eng/media.asp?id=1383

[9] The Secretariat is currently developing a Performance Measurement Framework (PMF) in accordance with the Policy on Management, Resources and Results Structures (see http://www.tbs-sct.gc.ca/pol/doc-eng.aspx?id=14252&section=text#). As a result, indicators and targets were not published in its 2008–09 RPP. Specific initiatives are profiled here to illustrate progress toward achieving the strategic outcome.

[10] http://www.faa-lfi.gc.ca/index-eng.asp

[11] http://www.pco-bcp.gc.ca/index.asp?lang=eng&Page=information&Sub=publications&Doc=ar-ra/16-2009/3rd-3eme/index-eng.htm

[12] http://www.tbs-sct.gc.ca/maf-crg/index-eng.asp

[13] http://www.tbs-sct.gc.ca/gcr-esc/docs/2008/ragcp-rapsc-eng.asp

[14] http://www.fin.gc.ca/pub/report-rapport/2009-2/capa1-eng.asp 

[15] http://www.budget.gc.ca/2009/plan/bptoc-eng.asp

[16] http://www.tbs-sct.gc.ca/dev/apla-eng.asp

[17] http://www.tbs-sct.gc.ca/prp-pep/psri-irp-eng.asp

[18] http://www.regulation.gc.ca/documents/core-ccr-eng.asp

[19] http://www.tbs-sct.gc.ca/pubs_pol/hrpubs/coll_agre/siglist-eng.asp

[20] Public Sector Integrity: A Framework for Assessment, OECD, 2005.

[21] http://www.tbs-sct.gc.ca/media/nr-cp/2009/0326-eng.asp#b1

[22] http://www.tbs-sct.gc.ca/dpr-rmr/2008-2009/index-eng.asp

[23] http://www.tbs-sct.gc.ca/dpr-rmr/st-ts-eng.asp

[24] http://www.tbs-sct.gc.ca/dpr-rmr/2008-2009/index-eng.asp

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