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Section III: Supplementary Information

Financial Highlights

Condensed Statement of Financial Position As at March 31, 2011 ($ thousands)	Percent Change	2011	2010 (Restated)
Assets
Total Assets	6.4%	1,374,280	1,467,922
Total	6.4%	1,374,280	1,467,922
Liabilities
Total liabilities	29.3%	772,404	1,092,124
Equity
Total Equity	60.2%	601,876	375,798
Total	6.4%	1,374,280	1,467,922

Condensed Statement of Financial Position For the year ended March 31, 2011 ($ thousands)	% Change	2011	2010
Expenses
Total expenses	10.0%	3,519,460	3,909,395
Revenues
Total revenues	46.4%	276,389	188,764
Net cost of operations	12.8%	3,243,071	3,720,631

The purpose of this section is to explain the Agency's financial highlights during the 2010—2011 fiscal year based on the Agency's consolidated financial statements. Below are explanations for the variances in each major grouping based on the most significant factors that affected each grouping during the fiscal year.

Assets

Total assets have decreased by $93.6 million, mostly due to a decrease of $330.4 million in the amount due from Consolidated Revenue Funds resulting from the reduction of accounts payable and accrued liabilities, an increase of $235.9 million in accounts receivable and advances mainly due to a receivable of $227 million from the Inter-American Development Bank, a decrease in the Canada Investment Fund for Africa of $28.6 million largely caused by a decline in the fair value and an increase of $28.5 million in prepaid contributions using pool-funding payments and a program-based approaches.

Liabilities

Total liabilities have decreased by $319.7 million, mainly due to the decrease in accounts payable and accrued liabilities of $214.7 million explained by significant amount payable in 2009—2010 in support of the global food crisis and the assistance to Haiti and the decrease in accrued liabilities for matching-fund programs of $104.2 million resulting from disbursements to match donations, leaving a residual liability of $71.5 million to support the Haiti's humanitarian crisis.

Equity

The year-over-year increase of $226 million, or about 60 percent, in equity is calculated by subtracting the net cost of operations of $3,243 million from the opening balance, adding the net cash provided by Government of $3,776 million plus the $23 million in services provided without charge by other government departments and subtracting the change in due to Consolidated Revenue Fund of $330 million. For more information, refer to the financial statements, Statement of Equity of Canada and Note 3 on parliamentary appropriations.

Expenses

Total expenses have decreased by $390 million, primarily due to the decrease in transfer payment spending for food aid, including decreased spending in Haiti in response to the earthquake and the increase in prepaid contributions.

Revenues

The increase of $87.6 million in revenues is mainly explained by an increase of $89 million in the gain on foreign exchange resulting from the conversion of capital equity by the Inter-American Development Bank for an amount of $227 million and a decrease of $138 million related to variation in the gain on foreign exchange for revaluation of notes payable yet to be encashed by international financial institutions, as well as on allowances on advances and investments.

Financial statements

Complete financial statements¹⁸ are available on CIDA's website.

Financial highlights charts

CIDA bilateral disbursements were distributed as follows:

View a textual description of the above figure

CIDA's budgetary expenses by program activity are:

View a textual description of the above figure

CIDA's expenses are divided up into the following thematic priorities and sectors:

View a textual description of the above figure

Total 3,347.3 million
**Other category includes aid expenditures that cannot be attributed to a specific thematic priority. This includes legacy programs coded as multisector aid, development-awareness programs, and health, education, and social services unrelated to Children & Youth

More details on disbursements by sectors and countries are available in CIDA's statistical reports. A statistical report for 2010—2011 will be published by the end of March 2012.

List of Supplementary Information Tables

All electronic supplementary information tables found in the 2010—2011 Departmental Performance Report can be found on the Treasury Board of Canada Secretariat's website.

• Sources of Respendable and Non-Respendable Revenue
• User Fees Reporting
• Details on Transfer Payment Programs (TPPs)
• Responses to Parliamentary Committees
• Green Procurement
• Internal Audits and Evaluations

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Section IV: Other Items of Interest

Contact information

For additional information about CIDA programs, activities, and operations, please visit the Agency's website.

or contact:

Public Inquiries Service
Communications Branch
Canadian International Development Agency
200 Promenade du Portage, 5th Floor
Gatineau, Quebec K1A 0G4
Canada

Telephone: 819-997-5006

Toll free: 1-800-230-6349

Telecommunications device for the hearing- and speech-impaired: 819-953-5023

Toll-free: 1-800-331-5018

Fax: 819-953-6088

Email: info@acdi-cida.gc.ca

Legislation administered

The Order-in-Council P.C. 1968-923 of May 8, 1968, and P.C. 1968-1760 of September 12, 1968, designate CIDA as a department for the purposes of the Financial Administration Act. The authority for the CIDA program and related purposes is found in the Department of Foreign Affairs and International Trade Act, in the Official Development Assistance Accountability Act, and in annual appropriation acts. CIDA is the lead government organization responsible for Canada's development assistance.

1. More information is available.
2. More information is available.
3. For example, the 2007 Organisation for Economic Co-operation and Development-Development Assistance Committee Peer Review of Canada.
4. Planned spending includes Main Estimates.
5. To read statute.
6. To read statute.

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Footnotes

1. CIDA
2. Some activities cannot be reported as official development assistance as per the Official Development Assistance Accountability Act.
3. Official Development Assistance Accountability Act
4. Report to Parliament on the Government of Canada's Official Development Assistance 2010-2011 was tabled in Parliament in September 2011 and is available on CIDA's website.
5. Data are from the 2010 United Nations Human Development Report. The Gender Inequality Index is based on 2008 data. The rankings are for 169 countries in total. Data are unavailable for the Caribbean and six other countries in which CIDA engages in international development.
6. The child mortality figures are taken from the 2011 UNICEF State of the World's Children Report, which is based on 2009 data, and the 2007 UNICEF State of the World's Children report, which is based on 2005 data. The gross enrolment rates for primary education are taken from the 2011 UNESCO Education for All Global Monitoring Report, which is based on 2008 data, and the 2010 UNESCO Global Monitoring Report, which is based on 2007 data.
7. In CIDA's Report on Plans and Priorities 2009-2010, Contributing to mitigating the food crisis was identified as a distinct Agency priority. Given that Increasing Food Security is one of the three thematic priorities announced by the Minister of International Cooperation in the last year, the former priority was adapted and is being presented under the heading "Thematic Priorities" to avoid redundancy.
8. Millennium Development Goals: Goal 2: Achieve universal primary education. Goal 3: Promote gender equality and empower women. Goal 4: Reduce child mortality. Goal 5: Improve maternal health.
9. Actual spending is derived from the Public Accounts and is adjusted for non-respendable revenues and services provided without charge in order to be comparable to planned spending; however, total authorities have not been adjusted for the non-respendable revenues and services provided without charges.
10. WFP Year in Review 2010
11. UNHCR Global Trends 2010
12. UNHCR Global Trends 2010
13. As defined in the TBS Guide for 2010-2011 Departmental Performance Reports, all "lessons learned" in this report are defined as "experiences acquired in the execution of programs and services that can provide clearer direction to future plans and efforts for achieving results."
14. As defined in the TBS Guide for 2010-2011 Departmental Performance Reports, all "lessons learned" in this report are defined as "experiences acquired in the execution of programs and services that can provide clearer direction to future plans and efforts for achieving results."
15. Key Partners
16. MOPAN website
17. As defined in the TBS Guide for 2010-2011 Departmental Performance Reports, all "lessons learned" in this report are defined as "experiences acquired in the execution of programs and services that can provide clearer direction to future plans and efforts for achieving results."
18. CIDA's financial statements

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