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Section III: Supplementary Information

Financial highlights

The highlights presented in this section are intended to serve as a general overview of the Secretariat's operations. Future-oriented financial highlights are prepared on an accrual basis to strengthen accountability and improve transparency and financial management.

The variance between the figures that follow and the planned spending amounts provided in other sections of the RPP relate to such items as non-respendable revenues, services without charge received from other government departments, amortization, and severance and vacation pay liability adjustments. Also, statutory payments related to the employer's portion of the Employee Benefit Plan and payments of pay equity settlements are included in the following figures, but not in the planned spending.

Condensed Statement of Operations for the Year Ended March 31
($ thousands)

	% Change	Future-Oriented 2011–12	Future-Oriented 2010–11
Expenses
Government-Wide Funds and Public Service Employer Payments	7%	2,458,425	2,293,315
Management Frameworks	3%	79,670	77,256
People Management	-2%	71,608	73,152
Expenditure Management	-4%	39,984	41,545
Financial Management	-6%	36,183	38,594
Internal Services	-6%	88,256	93,891
Total Expenses	6%	2,774,126	2,617,753
Revenues
Government-Wide Funds and Public Service Employer Payments	-12%	9,010	10,227
People Management	-1%	7,800	7,846
Internal Services	0%	2	2
Total Revenues	-7%	16,812	18,075
Net Cost of Operations	6%	2,757,314	2,599,678

Condensed Statement of Financial Position for the Year Ended March 31
($ thousands)

	% Change	Future-Oriented 2011–12	Future-Oriented 2010–11
Assets
Financial Assets	-1%	527,647	530,565
Non-Financial Assets	-20%	11,716	14,624
Total Assets	-1%	539,363	545,189
Liabilities
Liabilities	11%	719,550	649,053
Total Liabilities	11%	719,550	649,053
Equity	73%	-180,187	-103,864
Total Liabilities and Equity	-1%	539,363	545,189

During the year, the Secretariat adopted the revised Treasury Board Accounting Standard (TBAS) 1.2: Departmental and Agency Financial Statements, which is effective for fiscal year 2010–11. The major change in the Secretariat's accounting policies required by the adoption of the revised TBAS 1.2 is the recording for amounts due from the Consolidated Revenue Fund as an asset on the future-oriented statement of financial position.

The complete Future-Oriented Financial Statements can be found on the Secretariat's website.

List of supplementary information

All electronic supplementary information tables in the 2011–12 Report on Plans and Priorities can be found on the Secretariat's website at http://www.tbs-sct.gc.ca/rpp/st-ts-eng.asp :

• Greening Government Operations
• Upcoming Internal Audits and Evaluations Over the Next Three Years
• Sources of Respendable and Non-Respendable Revenue

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Section IV: Other Items of Interest

Sustainable development

In line with the Federal Sustainable Development Strategy (FSDS), the Treasury Board of Canada Secretariat (the Secretariat) commits to:

• Working with Environment Canada and Public Works and Government Services Canada to facilitate the integration of FSDS, including through annual Reports on Plans and Priorities and Departmental Performance Reports.
• Providing more specific information on departmental sustainable development activities that is appropriate to the department or agency's mandate
• Strengthening the application of Strategic Environmental Assessments by ensuring that the government's environmental goals are taken into account when pursuing social and economic goals.

For details on the Secretariat's activities in support of sustainable development, please consult the Secretariat's website.

For a full discussion of FSDS please visit the Environment Canada website.^[viii]

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Endnotes

[i] Federal Accountability Act, http://laws-lois.justice.gc.ca/eng/F-5.5/index.html

[ii] Worldwide Governance Indicators, http://info.worldbank.org/governance/wgi/index.asp

[iii] Well-managed and efficient government operations, http://www.tbs-sct.gc.ca/reports-rapports/cp-rc/2009-2010/cp-rc06-eng.asp#wellmanaged

[iv] The Strategic Review Process, http://www.tbs-sct.gc.ca/sr-es/index-eng.asp

[v] Red Tape Reduction Commission, http://www.reduceredtape.gc.ca/index-eng.asp

[vi] Public Service Modernization Act, http://laws.justice.gc.ca/en/P-33.4/

[vii] Policy Suite Renewal, http://www.tbs-sct.gc.ca/prp-pep/index-eng.asp

[viii] The Federal Sustainable Development Strategy, http://www.ec.gc.ca/dd-sd/default.asp?lang=En&n=C2844D2D-1

[ix] The Programs and Activities of the Secretariat, http://www.tbs-sct.gc.ca/tbs-sct/abu-ans/tbs-sct/paa-aap-eng.asp

[x] TB Management Accountability Framework,http://www.tbs-sct.gc.ca/ri-qr/directive/directive00-eng.asp

[xi] Cabinet Directive on Streamlining Regulation, http://www.tbs-sct.gc.ca/ri-qr/directive/directive01-eng.asp

[xii] Public Service Employee Survey, http:www.statcan.gc.ca/cgi-bin/imdb/p2SV.pl?Function=getSurvey&SDDS=4438&lang=en&db=imdb&adm=8&dis=2

[xiii] Public Sector Equitable Compensation Act, http://laws.justice.gc.ca/eng/P-31.65/index.html

[xiv] Policy on Internal Audit, http://www.tbs-sct.gc.ca/pol/doc-eng.aspx?id=16484

[xv] Policy on Internal Control, http://www.tbs-sct.gc.ca/pol/doc-eng.aspx?id=15258

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Footnotes

[1] All the amounts presented in this report may vary due to rounding.

[2] Planned spending amounts for 2012–13 and 2013–14 reflect currently approved funding and do not reflect forecasted spending of $2.65 billion and $2.91 billion respectively. Treasury Board approval to increase funding for these years will be sought by 2012–13. For further information, see "Expenditure profile" in Section I.

[3] Comparison of overall people management performance ratings for the departments and agencies assessed on AoM 10 will be possible only once MAF Round VIII (2010–11) assessments are completed.

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