Annual Report 2010-2011 – Statement of Financial Position
as at March 31
2011 ($) | 2010 ($) | ||
---|---|---|---|
ASSETS | |||
Financial Assets | |||
Due from Consolidated Revenue Fund | 586,456 | 472,674 | |
Receivables (Note 4) | 13,225 | 17,611 | |
599,681 | 490,285 | ||
Non-Financial Assets | |||
Prepaid expenses | 4,277 | 7,222 | |
Tangible capital assets (Note 5) | 160,960 | 219,748 | |
165,237 | 226,970 | ||
TOTAL ASSETS |
764,918 | 717,255 | |
LIABILITIES AND EQUITY OF CANADA | |||
LIABILITIES |
|||
Accounts payable and accrued liabilities (Note 6) | 598,356 | 486,758 | |
Vacation pay and compensatory leave | 136,562 | 126,312 | |
Employee future benefits (Note 7) | 544,958 | 516,474 | |
1,279,876 | 1,129,544 | ||
EQUITY OF CANADA | (514,958) | (412,289) | |
TOTAL LIABILITIES AND EQUITY OF CANADA |
764,918 | 717,255 |
Contractual obligations (Note 8)
The accompanying notes form an integral part of these financial statements.
Approved by:
David McLaughlin President and Chief Executive Officer |
Jim McLachlan Director, Corporate Services and Chief Financial Officer |