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Section III – Supplementary Information
3.1 Financial Highlights
| Condensed Statement of Financial Position At End of Year (March 31, 2010) |
% Change | 2008–09 | 2009–10 |
|---|---|---|---|
| Assets | |||
| Total Assets | 0% | 4.1 | 4.1 |
| Total | 0% | 4.1 | 4.1 |
| Liabilities | |||
| Total Liabilities (note 1) | -29% | 12.5 | 17.5 |
| Equity | |||
| Total Equity (note1) | -38% | -8.4 | -13.4 |
| Total | 0% | 4.1 | 4.1 |
| Condensed Statement of Financial Operations At End of Year (March 31, 2010) |
% Change | 2008–09 | 2009–10 |
|---|---|---|---|
| Expenses | |||
| Total Expenses | 566% | 502.1 | 75.1 |
| Revenues | |||
| Total Revenues | 792% | 498.5 | 55.9 |
| Net Cost of Operations (note 1) | -81% | 3.6 | 19.5 |
Note 1: On October 7, 2009, the Minister of Canadian Heritage announced an out-of-court settlement regarding CRTC Part II broadcasting license fees. As part of this agreement, the Government issued a remission order (2009-1715 dated October 7, 2009) with respect to a) the amount of Part II license fees and interest that would have been payable by applicable licensees during the
Government’s fiscal years 2007–2008, 2008–2009 and 2009–2010; and b) the amount of costs and interest awarded to Her Majesty in right of Canada against the appellants by the Federal Court of Appeal’s decision on April 28, 2008. The CRTC has recorded those transactions required to address that part of the remission order dealing with fees and accrued interest, while
the Department of Canadian Heritage has recorded those transactions related to the award of costs and accrued interest.
As a result of the Government’s remission order announced on October 7, 2009, during fiscal year 2009-2010 the CRTC recognized in the Public Accounts of Canada and its financial statements the total amount of Part II fees that would have been payable by broadcasters over the three-year period (i.e. fiscal years 2007- 2008, 2008- 2009 and 2009-2010), which amounted to $433,847,811
($415,279,112 in fees and $18,568,699 in interest). This total amount was also written off by the CRTC as a bad-debt expense in accordance with the authority provided in the Government’s remission order.
A complete copy of the financial statements is available at: http://www.crtc.gc.ca/eng/publications1.htm
3.2 List of Supplementary Information Tables
All electronic supplementary information tables listed in the 2009–2010 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.
The tables for Sources of Respendable and Non-respendable Revenue and CRTC User Fees/External Fees are also available on the Treasury Board of Canada Secretariat website.
3.3 Other Items of Interest
A list of CRTC Commissioners is available at www.crtc.gc.ca/eng/about/commissioners.htm
A list of CRTC contacts and offices can be found at www.crtc.gc.ca/eng/contact.htm
A list of legislation, statutes and regulations related to the CRTC can be found at: www.crtc.gc.ca/eng/statutes-lois.htm
A glossary of terms used in this document can be found at: www.crtc.gc.ca/eng/glossary-glossaire.htm
[1] The 2009-2010 Report on Plans and Priorities identified two Strategic Outcomes. In the course of the year, the CRTC decided to combine all program activities under one Strategic Outcome.
[2] Communications Monitoring Report, 2009
