Archived: Unaudited Financial Statements ending March 31, 2016, Environment and Climate Change Canada, chapter 4
Statement of Change in Departmental Net Debt (Unaudited)
| For the year ended March 31 (in thousands of dollars) |
2016 | 2015 |
|---|---|---|
| Net cost of operations after government funding and transfers | ($3,039) | $4,420 |
| Change due to tangible capital assets | ||
| Acquisition of tangible capital assets (Note 11) | 58,290 | 54,598 |
| Amortization of tangible capital assets (Note 11) | (43,252) | (53,387) |
| Proceeds from disposal of tangible capital assets | (800) | (1,122) |
| Net loss on disposals, write-off and adjustments to tangible capital asset | (252) | (13,977) |
| Transfer to/from other government departments (Note 16) | (168) | (6) |
| Total change due to tangible capital assets | 13,818 | (13,894) |
| Change due to inventories (Note 10) | 6,093 | 831 |
| Change due to prepaid expenses | (87) | (87) |
| Net increase (decrease) in departmental net debt | 16,785 | (8,730) |
| Departmental net debt - Beginning of year | 201,265 | 209,995 |
| Departmental net debt - End of year | $218,050 | $201,265 |
The accompanying notes are an integral part of these financial statements.
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