Unaudited financial statements for the period ending March 31, 2021, Environment and Climate Change Canada, chapter 2

Statement of financial position (unaudited)

As at March 31

Liabilities
(in thousands of dollars)	2021	2020
Accounts payable and accrued liabilities (Note 4)	$652,946	$454,352
Vacation pay and compensatory leave	66,652	51,353
Deferred revenue (Note 6)	42,990	35,473
Lease obligation for tangible capital assets (Note 7)	6,467	7,353
Employee future benefits (Note 8)	23,839	27,266
Environmental liabilities (Note 5)	199,631	206,022
Provision for contingent liabilities (Note 13)	22,379	22,293
Other liabilities	1,444	71
Total liabilities	1,016,348	804,183
Financial assets
Due from Consolidated Revenue Fund	626,037	431,809
Accounts receivable and advances (Note 9)	226,357	30,154
Total gross financial assets	852,394	461,963
Financial assets held on behalf of Government
Accounts receivable and advances (Note 9)	(217,284)	(15,731)
Total net financial assets	635,110	446,232
Departmental net debt	381,238	357,951
Non-financial assets
Prepaid expenses	18,640	730
Inventory (Note 10)	23,962	24,237
Tangible capital assets (Note 11)	516,195	481,496
Total non-financial assets	558,797	506,463
Departmental net financial position	$177,559	$148,512

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

(Original signed by)
T. Christine Hogan
Deputy Minister

Gatineau, Canada
Date:

(Original signed by)
Linda Drainville, CPA, CGA, CFF, CFE
Chief Financial Officer

Gatineau, Canada
Date: