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ARCHIVED - 2012-13 RPPs - Statement of Cash Flows and Projected Use of Authority
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Correctional Service Canada
Statement of Cash Flows and Projected Use of Authority
Revolving Funds
Statement of Operations
| Description | ($ millions) | |||
|---|---|---|---|---|
| Forecast Spending 2011-12 |
Planned Spending 2012-13 |
Planned Spending 2013-14 |
Planned Spending 2014-15 |
|
| Revenues | ||||
| CORCAN Revenues | 84.8 | 86.6 | 89.1 | 90.4 |
| Other Revenues | 0.0 | 0.0 | 0.0 | 0.0 |
| Respendable Revenue | 84.8 | 86.6 | 89.1 | 90.4 |
| Expenses | ||||
| Salaries | 40.3 | 42.8 | 43.7 | 44.5 |
| Depreciation | 2.2 | 2.2 | 2.2 | 2.2 |
| Repairs & maintenance | 1.0 | 1.0 | 1.0 | 1.0 |
| Admin & support services | 8.0 | 8.0 | 8.0 | 8.0 |
| Utilities, materials & supplies | 33.3 | 32.6 | 34.2 | 34.7 |
| Total Expenses | 84.8 | 86.6 | 89.1 | 90.4 |
| Surplus (deficit) | 0.0 | 0.0 | 0.0 | 0.0 |
Statement of Cash Flows
| Description | ($ millions) | |||
|---|---|---|---|---|
| Forecast Spending 2011-12 |
Planned Spending 2012-13 |
Planned Spending 2013-14 |
Planned Spending 2014-15 |
|
| Surplus (Deficit) | 0.0 | 0.0 | 0.0 | 0.0 |
| Add: Items Not Requiring Use of Funds | ||||
| Provision for Employee Termination Benefits | 0.7 | 0.1 | 0.1 | 0.1 |
| Amortization of fixed assets | 2.2 | 2.2 | 2.2 | 2.2 |
| Amortization of deferred charges | 0.0 | 0.0 | 0.0 | 0.0 |
| Allowance for doubtful accounts | (0.6) | (0.6) | (0.6) | (0.6) |
| Cash surplus (requirement) | 2.3 | 1.7 | 1.7 | 1.7 |
| Changes in Current Assets and Liabilities | ||||
| Deferred Charges | 0.0 | 0.0 | 0.0 | 0.0 |
| Accounts Receivable | (1.7) | (0.2) | (0.2) | (0.1) |
| Inventory | (0.8) | (0.4) | (0.3) | (0.2) |
| Accounts Payable | 2.1 | 0.1 | 0.3 | 0.2 |
| Payment on changes in provision for Employee Termination Benefits | (4.4) | (0.1) | (0.1) | (0.1) |
| Total Changes | (4.8) | (0.6) | (0.3) | (0.2) |
| Net Financial Resources | (2.5) | 1.1 | 1.4 | 1.5 |
| Investing activities | ||||
| Capital Assets Purchased | (2.3) | (2.3) | (2.3) | (2.3) |
| Net Financial Resources | (2.3) | (2.3) | (2.3) | (2.3) |
| Net Financial Resources used and Change in the Accumulated Net Charge against the Fund's Authority Account during the Year | (4.8) | (1.2) | (0.9) | (0.8) |
Projected Use of Authority
| Description | ($ millions) | |||
|---|---|---|---|---|
| Forecast Spending 2011-12 |
Planned Spending 2012-13 |
Planned Spending 2013-14 |
Planned Spending 2014-15 |
|
| Authority | ||||
| Authority – April 1 | 5.0 | 5.0 | 5.0 | 5.0 |
| Adjustment to the Revolving Fund Authority | 0.0 | 0.0 | 0.0 | 0.0 |
| Subtotal Authority – March 31 | 5.0 | 5.0 | 5.0 | 5.0 |
| Drawdown | ||||
| Balance as at April 1, 2012 | 17.1 | 12.3 | 11.1 | 10.2 |
| Projected surplus (drawdown) | (4.8) | (1.2) | (0.9) | (0.8) |
| Subtotal Drawdown – March 31 | 12.3 | 11.1 | 10.2 | 9.4 |
| Projected Balance on March 31, 2013 | 17.3 | 16.1 | 15.2 | 14.4 |