Archived: Unaudited Financial Statements for the period ending March 31, 2015, Environment Canada chapter 4
Statement of Change in Departmental Net Debt (Unaudited)
| For the year ended March 31 (in thousands of dollars) |
2015
|
2014
|
|---|---|---|
| Net cost of operations after government funding and transfers |
$4,420
|
($31,798)
|
| Change due to tangible capital assets | ||
| Acquisition of tangible capital assets (Note 11) |
54,598
|
39,526
|
| Amortization of tangible capital assets (Note 11) |
(53,387)
|
(47,983)
|
| Proceeds from disposal of tangible capital assets |
(1,122)
|
(1,204)
|
| Net loss on disposals, write-off and adjustments to tangible capital asset |
(13,977)
|
(4,103)
|
| Transfer to/from other government departments (Note 16) |
(6)
|
(20)
|
| Total change due to tangible capital assets |
(13,894)
|
(13,784)
|
| Change due to inventories (Note 10) |
831
|
161
|
| Change due to prepaid expenses |
(87)
|
(87)
|
| Net decrease in departmental net debt |
(8,730)
|
(45,508)
|
| Departmental net debt - Beginning of year |
209,995
|
255,503
|
| Departmental net debt - End of year |
$201,265
|
$209,995
|
The accompanying notes are an integral part of these financial statements.