Unaudited Financial Statements for the period ending March 31, 2017, Environment and Climate Change Canada, chapter 2

Statement of financial position (unaudited)

As at March 31 (in thousands of dollars)

Liabilities
	2017	2016
Accounts payable and accrued liabilities (Note 4)	$141,235	$140,301
Vacation pay and compensatory leave	21,903	29,904
Deferred revenue (Note 6)	6,831	7,116
Lease obligation for tangible capital assets ( Note 7)	9,738	10,450
Employee future benefits (Note 8)	26,260	36,426
Environmental liabilities (Note 5)	195,603	141,418
Other liabilities	563	892
Total liabilities	402,133	336,507

Financial assets
	2017	2016
Due from consolidated revenue fund	134,894	131,482
Accounts receivable and advances (Note 9)	26,934	21 ,526
Total gross financial asset	161,828	153,008

Financial assets held on behalf of government
	2017	2016
Accounts receivable and advances (Note 9)	(3,333)	(4,551)
Total net financial assets	158,495	148,457

Departmental net debt
	2017	2016
Total departmental net debt	243,638	218,050

Non-financial assets
	2017	2016
Prepaid expenses	990	1,077
Inventory (Note 10)	28,863	15,350
Tangible capital assets (Note 11)	382,930	375,681
Total non-financial assets	412,783	392,108

Departmental net financial position
	2017	2016
Departmental net financial position	$169,145	$174,058

Contractual obligations (Note 12)
Contingent liabilities (Note 13)

The accompanying notes are an integral part of these financial statements

(the original version was signed by)
Stephen Lucas
Deputy Minister

Gatineau, Canada
Date: August 29, 2017

(the original version was signed by)
Carol Najm
Chief Financial Officer

Gatineau, Canada
Date: August 25, 2017