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The future-oriented financial highlights presented within the 2012-13 Report on Plans and Priorities are intended to serve as a general overview of the Veterans Review and Appeal Board’s financial position and operations. These financial highlights are prepared on an accrual basis to strengthen accountability and improve transparency and financial management.
$ Change | Future-Oriented 2012-13 |
Future-Oriented 2011-12 |
|
---|---|---|---|
Total Expenses | (1.0) | 13.2 | 14.2 |
Total Revenues | 0 | 0 | |
Net Cost of Operations | (1.0) | 13.2 | 14.2 |
$ Change | Future-Oriented 2012-13 |
Future-Oriented 2011-12 |
|
---|---|---|---|
Total assets | (0.08) | .22 | .30 |
Total liabilities | 0.02 | 1.18 | 1.16 |
Equity | (0.10) | (0.96) | (0.86) |
Total | (0.08) | 0.22 | 0.30 |
The planned spending for Veterans Review and Appeal Board as reported on a modified-cash basis for 2012-13 is $11.5 million. This amount has been adjusted by estimated amounts for services provided without charge (i.e. accommodations, government payments to employee insurance plans, etc.) and amortization of capital assets, to arrive at a future-oriented total expense of $13.2 million for 2012-13.
Future-oriented financial statements can be found on the Board’s Web site.
For more information, visit the Board’s Web site at www.vrab-tacra.gc.ca or contact the Board at:
Veterans Review and Appeal Board