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SECTION III - Supplementary Information

Financial Outline

Unlike previous years that were heavily marked by the 2008 festivities and 2009 commemorations, the 2010-11 fiscal year was a regular year for the NBC (no supplementary funding was required) that included various conservation, development, and public service projects and communication activities.

This performance report reflects the key interventions and achievements of 2010-11 with regard to the plans and priorities during the same year. The revenues generated were higher than budget estimates and were invested mainly in conservation and development projects.

It is the only item impacting the year's financial outcomes that ought to be emphasized. The net cost of operations is $8,330,000, as indicated below in the financial highlights table.

Financial Highlights Table

Condensed Statement of Financial Position As at March 31, 2011 ($ thousands)	% Change	2010-11	2009-10
Total Assets	-0,2%	14,693	14,726
Total Liabilities *	28,8%	1,536	1,192
Total Equity of Canada	-2,8%	13,157	13,534
Total	-0,2%	14,693	14,726

^* In 2010-11, the accounts payable at year-end were higher because of projects finalized on March 31, 2011.

Condensed Statement of Operations For the year ended March 31, 2011 ($ thousands)	% Change	2010-11	2009-10
Total Expenses	3,9%	10,672	10,267
Total Revenue **	25,8%	2,331	1,853
(Income from the trust fund) Spending surplus over trust income***	173%	(11)	15
Net cost of operations	-1,2%	8,330	8,429

^** Higher revenues in 2010-11, because of the new fee structure effective April 1, 2010.

^*** The NBC has had a trust fund since 1984 for receiving donations from individuals, municipal corporations, and provincial and other governments. The fund is managed according to the provisions of section 9.1 of the National Battlefields at Québec Act.

Financial Highlights Chart

[D]

Financial Statements

Summary results of the annual risk-based - System of internal control

The NBC's system of internal control is proportional to its size and the budget to be managed. While simple, it is effective and applied carefully at various phases of the process and by various hierarchical levels. Monthly financial statements are submitted to the Board of Directors as well as follow-up reports on various special projects.

These controls and procedures provide reasonable assurance regarding risks that may be incurred, the reliability of the financial information and that financial statements have been prepared for the purposes of publication of financial information, in accordance with Treasury Board accounting policies which are consistent with Canadian generally accepted accounting principles for the public sector.

Financial Statements can be obtained by clicking the following Internet link:
http://www.ccbn-nbc.gc.ca/_en/rapports.php?section=8

List of supplementary Tables

The following tables are posted on the Treasury Board Secretariat Web site at http://www.tbs-sct.gc.ca/est-pre/index-eng.asp :

• Green Procurement
• Source of Respendable Revenue
• Travel and Hospitality Expenses

SECTION IV - Other Items of Interest

List of Statutes and Regulations

Act respecting the National Battlefields at Quebec	1908, 7-8 Edward VII, c 57 and amendments
By-law Amending the National Battlefields Park By-law	SOR/2002-186, 9 May 2002

 

Web Site:

Internet Address: www.ccbn-nbc.gc.ca

Resource persons

André Beaudet, Commission Secretary
e-mail: andre.beaudet@ccbn-nbc.gc.ca
Louise Germain, Assistant Secretary
e-mail: louise.germain@ccbn-nbc.gc.ca
Anne Chouinard, Executive Assistant
e-mail: anne.chouinard@ccbn-nbc.gc.ca
Paule Veilleux, Financial Services Agent
e-mail: paule.veilleux@ccbn-nbc.gc.ca

The National Battlefields Commission
390 de Bernières Avenue
Québec, Quebec
G1R 2L7

Telephone: (418) 648-3506
Facsimile: (418) 648-3638

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