Unaudited Financial Statements for the period ending March 31, 2017, 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)
| 2017 | 2016 | |
|---|---|---|
| Net cost of operations after government funding and transfers | $4,913 | ($3,039) |
| 2017 | 2016 | |
|---|---|---|
| Acquisition of tangible capital assets (Note 11) | 59,930 | 58,290 |
| Amortization of tangible capital assets (Note 11) | (44,891) | (43,252) |
| Proceeds from disposal of tangible capital assets | (1,069) | (800) |
| Net loss on disposals, write-off and adjustments to tangible capital assets | (6,523) | (252) |
| Transfer to/from other government departments (Note 15) | (198) | (168) |
| Total change due to tangible capital assets | 7,249 | 13,818 |
| 2017 | 2016 | |
|---|---|---|
| Change due to inventories (Note 10) | 13,513 | 6,093 |
| Change due to prepaid expenses | (87) | (87) |
| Net increase in departmental net debt | 25,588 | 16,785 |
| 2017 | 2016 | |
|---|---|---|
| Net increase in departmental net debt | 25,588 | 16,785 |
| Departmental net debt - Beginning of year | 218,050 | 201,265 |
| Departmental net debt - End of year | $243,638 | $218,050 |
The accompanying notes are an integral part of these financial statements.
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