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Section 3: Supplementary Information

3.1 Financial Highlights

The financial highlights presented within this section are intended to provide additional information about TSB's financial position and operations.

The TSB started the year with authorities of $28.9 million in the Main Estimates. Additional authorities (Treasury Board vote transfers) in the amount of $3.2 million were approved during the year. This included $1.3 million for the carry-forward of the previous year's lapse, $1.3 million for collective bargaining adjustments, and $0.6 million for severance and parental benefits expenditures. Total authorities therefore increased to $32.1 million.

Actual cash expenditures for the fiscal year added to a total of $31.6 million, leaving a year-end lapse of $513,000. This represents an expenditure increase of approximately $1.2 million over the previous fiscal year. This increase is primarily attributable to employee salary increases negotiated through collective bargaining. It should be noted that the year-end lapse is considerably lower than the amount lapsed in previous years due to tighter financial management practices throughout the year.

Over the past 10 years, TSB spending has increased progressively each year primarily due to increases in employee salaries and to the execution of special projects for which short-term funding was received (see Figure 5). During the period of 1998-1999 to 2002-2003, significant costs were incurred for the Swissair Flight 111 (SR111) investigation, totaling approximately $57 million. Financial results for the period of 2002-2003 to 2004-2005 also include spending related to the short-term funding received from Parliament to address specific resource pressures. These expenditures total $0.2 million, $2.4 million and $2.1 million respectively. Expenditures have subsequently leveled off at approximately $29 million.

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Figure 5: TSB Historical Spending

Financial Statements

The TSB prepares detailed annual financial statements on an accrual accounting basis. These financial statements are audited by the Office of the Auditor General of Canada. The audited financial statements of the TSB for the year ended 31 March 2009, as well as the related auditor's report, can be found at Appendix B.

On an accrual accounting basis, total TSB expenses amount to $36.07 million and revenues add up to $0.03 million, yielding a net cost of operations of $36.04 million for 2008-2009. This includes $3.8 million in services received without charge from other federal government departments, as well as a $0.8 million increase in the accrued charges for employee benefits. Amortization expenses on tangible capital assets totalled approximately $1 million, which was offset by a similar amount of investments in the acquisition of new assets.

Although the net cost of the Department has increased somewhat over the past number of years, the total expenditures of the TSB represent an approximate cost of $1.07 per Canadian citizen. For this amount, Canada maintains the capability to investigate major failures in four different modes of the national transportation system.

The following graph shows TSB expenses by major categories.

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Figure 6: TSB Expenses by Category

3.2 Supplementary Tables

The electronic version of the following supplementary information tables can be found on the Treasury Board of Canada's website at http://www.tbs-sct.gc.ca/dpr-rmr/st-ts-eng.asp.

• User Fees
• Internal Audits and Evaluations
• Response to Parliamentary Committees and External Audits

3.3 Contacting the TSB

Additional information about the Transportation Safety Board of Canada and its activities is available on the TSB website at http://www.bst-tsb.gc.ca/eng/index.asp or by contacting us at:

Transportation Safety Board of Canada
Place du Centre
200 Promenade du Portage
4th Floor
Gatineau, Quebec
K1A 1K8

E-mail: communications@bst-tsb.gc.ca
Toll Free: 1 800 387-3557
Fax: 819-997-2239

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