This page has been archived.
Information identified as archived on the Web is for reference, research or recordkeeping purposes. It has not been altered or updated after the date of archiving. Web pages that are archived on the Web are not subject to the Government of Canada Web Standards. As per the Communications Policy of the Government of Canada, you can request alternate formats on the "Contact Us" page.
Change in Dollars | Future-Oriented 2012-13 |
Future-Oriented 2011-12 |
|
---|---|---|---|
Total Expenses | -24,331 | 149,675 | 174,007 |
Total Revenues | 6 | 126 | 120 |
Net Cost of Operations | -24,337 | 149,549 | 173,887 |
The decrease of $24.3 million in the net cost of operations for fiscal year 2012-13 is mainly due to a reduction in forecast expenditures in the amount of $9 million, related to the Afghanistan Task Force, Canada's Economic Action Plan, Strategic Review savings and transfers to Shared Services Canada. In addition, the Commission of Inquiry into the Decline of Sockeye Salmon in the Fraser River will sunset in 2012, resulting in a decrease of $11.6 million. Finally, a net decrease of $0.2 million is forecast for severance pay.
Change in Dollars | Future-Oriented 2012-13 |
Future-Oriented 2011-12 |
|
---|---|---|---|
Total assets | -4,665 | 16,623 | 21,288 |
Total liabilities | -6,101 | 22,306 | 28,407 |
Equity | 1,436 | -5,683 | -7,119 |
Total | -4,665 | 16,623 | 21,288 |
As shown in the statement of financial position, there is a forecast decrease of $4.6 million in assets and $6.1 million in liabilities in 2012-13, mainly due to an anticipated decrease in expenditures in the amount of $24.3 million.
Future-oriented financial statements can be found on PCO’s website under Reports and Publications.
All electronic supplementary information tables found in the 2012–13 Report on Plans and Priorities can be found on the Treasury Board of Canada Secretariat’s web site.
Privy Council Office
General Inquiries
Room 1000
85 Sparks Street
Ottawa, Ontario
K1A 0A3
Canada
Telephone: 613-957-5153
TTY: 613-957-5741
Fax: 613-957-5043
Email: info@pco-bcp.gc.ca