This page has been archived.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.
The future-oriented financial highlights presented within this RPP are intended to serve as a general overview of Health Canada’s financial position and operations. These future-oriented financial highlights are prepared on an accrual basis to strengthen accountability and improve transparency and financial management.
Future-oriented financial statements can be found on Health Canada’s website.
Condensed Statement of Financial Operations At end of Year |
% Change | Future Oriented 2012-13 | Future Oriented 2011-12 |
---|---|---|---|
Assets | |||
Financial assets | -9% | 300,258 | 328,706 |
Non-financial assets | -1% | 141,344 | 142,456 |
Total assets | -6% | $441,602 | $471,162 |
Liabilities and equity of Canada | |||
Total liabilities | -10% | 948,532 | 1,057,988 |
Equity of Canada | -14% | (506,930) | (586,826) |
Total liabilities and equity of Canada | -6% | $441,602 | $471,162 |
Condensed Statement of Financial Operations For the Year |
% Change | Future Oriented 2012-13 | Future Oriented 2011-12 |
---|---|---|---|
Expenses | |||
Total expenses | -8% | 3,507,240 | 3,829,196 |
Revenues | |||
Total revenues | 2% | (131,532) | (129,557) |
Net cost from continuing operations | -9% | $3,375,708 | $3,699,639 |
Net cost of transferred operations | -100% | 0 | 40,429 |
Net cost of operations | -10% | $3,375,708 | $3,740,068 |
Total assets are anticipated to be $441.6M for 2012-13, a decrease of $29.6M from 2011-12 projections.
The breakdown of assets is as follows: Due from Consolidated Revenue Fund $273.2M;
Accounts receivable and advances $27.1M; and Capital assets $141.3M.
Total liabilities are anticipated to be $948.5M for 2012-13, a net decrease of $109.5M from 2011-12 projections.
The breakdown of liabilities is as follows: Accounts payable and accrued liabilities $352.1M; Vacation pay and compensatory leave $40.7M; Deferred revenue $1.9M; Employee future benefits $134.5M; and Other liabilities $419.3M.
Health Canada is projecting $3,507.2M in expenses based on 2012-13 Main Estimates and accrued information. This amount does not include supplementary estimates. It represents a decrease of $322.0M from 2011-12 projections.
The expenses by Strategic Outcome are as follows: A health system responsive to the needs of Canadians $382.7M; Canadians are informed of and protected from health risks associated with food, products, substances and environments, and are informed of the benefits of healthy eating $707.6M; First Nations and Inuit communities and individuals receive health services and benefits that are responsive to their needs so as to improve their health status $2,097.0M; and Internal services $319.9M.
The expenses are broken down as follows: Transfer payments $1,350.0M; Salaries and wages $965.4M; Utilities, materials and supplies $451.2M; Professional and special services $424.7M; Travel - non-insured health patient $158.1M; and Other $157.8M.
Health Canada receives most of its funding through annual Parliamentary appropriations. Health Canada’s revenue is generated by program activities that support the above-noted Strategic Outcomes. Health Canada projects total revenues in 2012-13 will be $131.5M, representing an increase of $2.0M over 2011-12 projections.
Revenues by Strategic Outcome are as follows: A health system responsive to the needs of Canadians $8.3M; Canadians are informed of and protected from health risks associated with food, products, substances and environments, and are informed of the benefits of healthy eating $109.0M; First Nations and Inuit communities and individuals receive health services and benefits that are responsive to their needs so as to improve their health status $5.4M and Internal services $8.8M.
These revenues will come from the following: Services of a regulatory nature $55.7M; Rights and privileges $53.4M; Services of a non-regulatory nature $22.1M; and Other $0.3M.
All electronic supplementary information tables can be found in the 2012-13 Report on Plans and Priorities on the Treasury Board of Canada Secretariat’s web site.
Nancy McMahon, Director General
Planning and Corporate Management Practices Directorate
Jeanne Mance Building - 12th Floor, Room B1243
200 Eglantine Driveway, Tunney's Pasture
Ottawa, ON K1A 0K9
Telephone: 613-948-6357