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$ thousands | |||
---|---|---|---|
% Change | 2009 | 2008 | |
ASSETS | |||
Total Assets | (14) | 708.7 | 819.5 |
LIABILITIES | |||
Total Liabilities | (1) | 1,121.9 | 1,132.9 |
EQUITY | |||
Total Equity | (32) | (413.2) | (313.4) |
TOTAL | 708.7 | 819.5 |
$ thousands | |||
---|---|---|---|
% Change | 2009 | 2008 | |
EXPENSES | |||
Total Expenses | 1.4 | 5, 699.8 | 5,624.1 |
REVENUES | |||
Total Revenues | 449 | 105.9 | 19.3 |
NET COST OF OPERATIONS | (0.2) | 5,593.9 | 5,604.8 |
The significant increase in revenues noted in Table 9 is attributed to one-time financial contributions revenue raised to offset some of the costs of the 20th Anniversary Forum in 2008–2009.
As a departmental corporation listed in Schedule II of the Financial Administration Act, the NRTEE is required to produce an annual report containing its audited financial statements. An electronic version of this report for 2008–2009 may be found on NRTEE's website at the following link: http://www.nrtee-trnee.ca/eng/publications/annual-reports/annual-report-2008-2009/index-AR-2008-2009-fra.php