Section III - Supplementary Information

Financial Highlights

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

The variances between the figures presented in this section and the planned spending amounts provided in other sections of the RPP are the result of the exclusion of items such as non-respendable revenues, services without charge received from other government departments, amortization, and adjustments to liabilities (environmental liabilities, vacation pay, compensatory leave and employee future benefits). Also, statutory payments related to the employer's portion of the Employee Benefit Plan are included in the following figures, but not in the planned spending.

Future-Oriented Condensed Statement of Operations and Departmental Net Financial Position
For the Year ended March 31
($ millions)
$ Change Forecast
2013-14
Estimated Results
2012-13*
Total Expenses 534 2,764 2,230
Total Revenues 3 36 33
Net Cost of operations before government funding and transfers 531 2728 2197
Departmental net financial position (155) (851) (1,006)

Future-Oriented Condensed Statement of Financial Position
For the Year ended March 31
($ millions)
$ Change Forecast
2013-14
Estimated Results
2012-13
Total net liabilities (9) 1,646 1,655
Total net financial assets 132 536 404
Departmental net debt (141) 1,110 1,251
Total non- financial assets 14 259 245
Departmental net financial position (155) (851) (1,006)

Liabilities-The chart below presents NRCan’s projected liabilities at the end of 2013-14.

The chart presents NRCan’s projected liabilities at the end of 2013-14.
Text Version

2012-13 Liabilities Graph

Liabilities Graph

Liabilities Planned Results 2014  
Accounts payable and accrued liabilities  $ 582,924 35%
Vacation pay and compensatory leave  $ 25,132 2%
Lease obligation for tangible capital assets  $ 71,812 4%
Employee future benefits  $ 58,324 4%
Other liabilities  $ 16,300 1%
Environmental liabilities  $ 891,311 54%
   $ 1,645,803 100%

Assets-The chart below presents NRCan’s projected assets at the end of 2013-14.

The chart presents  presents NRCan’s projected assets at the end of 2013-14.
Text Version

2012-13 Assets Graph

Assets Graph

  Planned Results
2014
 
Assets    
Due from Consolidated Revenue Fund  $ 533,161 53.9%
Accounts receivable and advances  $ 156,465 15.8%
Loan receivable  $ 39,333 4.0%
Prepayments  $ 8,946 0.9%
Inventory  $ 1,641 0.2%
Tangible capital assets  $ 249,055 25.2%
   $ 988,601  

Expenses-The chart below presents the distribution by program activity of NRCan’s total projected expenses for 2013-14.

The chart presents  presents NRCan’s projected assets at the end of 2013-14.
Text Version

2012-13 Graph Expenses

Graph Expenses

Expenses Planned Results
2014
 
     
Statutory Programs - Atlantic Offshore  1,208,302 44%
Energy-efficient Practices and Lower-carbon Energy Sources  547,270 20%
Responsible Natural Resources Management  283,300 10%
Internal Services  116,206 4%
Technology Innovation  207,993 8%
Innovation for New Products and Processes  119,687 4%
Landmass Information  74,598 3%
Investment in natural Resources Sectors  78,594 3%
Protection for Canadians and Natural Resources  66,203 2%
Market Access and Diversification  61,742 2%
   2,763,895 100%

Revenues-The chart below presents the distribution of NRCan’s total projected revenues for 2013-14.

The chart presents  presents NRCan’s projected assets at the end of 2013-14.
Text Version

2012-13 Graph Revenues

Graph Revenues

  Planned Results
2014
 
Revenues    
     
Rights and privileges 1,333,658 97%
Revenue from services of a non-regulatory nature 25,952 2%
Proceeds from sales of goods and information products 2,995 0%
Revenue from services of a regulatory nature 1,968 0%
Miscellaneous revenue 4,579 0%
  1,369,152 100%

NRCan financial statements are available on the NRCan website 80.

Future-Oriented Financial Statements

The complete Future-Oriented Financial Statements are available on the NRCan website 81.

List of Supplementary Information Tables

All electronic supplementary information tables listed in the 2013-14 Report on Plans and Priorities can be found on the NRCan website 82.

  • Details on Transfer Payment Programs;
  • Disclosure of TPPs under $5 million;
  • Greening Government Operations;
  • Horizontal Initiatives;
  • Sources of Respendable and Non-Respendable Revenue;
  • Summary of Capital Spending by Program;
  • Up-Front Multi-Year Funding; and
  • Upcoming Internal Audits and Evaluations over the next three fiscal years.

Tax Expenditures and Evaluations Report

The tax system can be used to achieve public policy objectives through the application of special measures such as low tax rates, exemptions, deductions, deferrals and credits. The Department of Finance publishes cost estimates and projections for these measures annually in the Tax Expenditures and Evaluations 83 publication. The tax measures presented in the Tax Expenditures and Evaluations publication are the sole responsibility of the Minister of Finance.

For more information on the Tax Expenditures and Evaluations Report, please see the Department of Finance website 84.

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