Unaudited Financial Statements for the period ending March 31, 2018: Environment and Climate Change Canada, chapter 2

Statement of Financial Position (Unaudited)

As at March 31 (in thousands of dollars)

Liabilities
	2018	2017
Accounts payable and accrued liabilities (Note 4)	$226,552	$141,235
Vacation pay and compensatory leave	39,789	21,903
Deferred revenue (Note 6)	16,099	6,831
Lease obligation for tangible capital assets ( Note 7)	8,986	9,738
Employee future benefits (Note 8)	27,285	26,260
Environmental liabilities (Note 5)	193,510	195,603
Other liabilities	1,589	563
Total liabilities	513,810	402,133

Financial assets
	2018	2017
Due from consolidated revenue fund	215,524	134,894
Accounts receivable and advances (Note 9)	35,357	26,934
Total net financial assets	250,881	161,828

Financial assets held on behalf of government
	2018	2017
Accounts receivable and advances (Note 9)	(4,208)	(3,333)
Total net financial assets	246,673	158,495

	2018	2017
Total departmental net debt	267,137	243,638

Non-financial assets
	2018	2017
Prepaid expenses	1,077	990
Inventory (Note 10)	25,897	28,863
Tangible capital assets (Note 11)	391,832	382,930
Total non-financial assets	418,806	412,783

	2018	2017
Departmental net financial position	$151,669	$169,145

Contractual obligations and contractual rights (Note 12)
Contingent liabilities and contingent asset (Note 13)

The accompanying notes form an integral part of these financial statements

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

Gatineau, Canada
Date:

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

Gatineau, Canada
Date: