Unaudited financial statements for the period ending March 31, 2023, Environment and Climate Change Canada, chapter 2

Statement of Financial Position (Unaudited)

As at March 31

(in thousands of dollars)	2023	2022 Restated (note 18)
Liabilities
Accounts payable and accrued liabilities (Note 4)	$733,245	$643,132
Vacation pay and compensatory leave	57,408	60,649
Deferred revenue (Note 6)	46,563	45,880
Lease obligation for tangible capital assets (Note 7)	4,543	5,532
Employee future benefits (Note 8)	18,663	20,764
Environmental liabilities and asset retirement obligations (Note 5)	197,547	190,385
Provision for contingent liabilities (Note 14)	22,292	22,592
Other liabilities	15,211	9,830
Total net liabilities	1,095,472	998,764
Financial assets
Due from Consolidated Revenue Fund	715,373	623,022
Accounts receivable and advances (Note 9)	52,420	38,575
Total gross financial assets	767,793	661,597
Financial assets held on behalf of Government
Accounts receivable and advances (Note 9)	(36,534)	(17,743)
Total net financial assets	731,259	643,854
Departmental net debt	364,213	354,910
Non-financial assets
Prepaid expenses	18,465	20,553
Inventory (Note 10)	27,125	25,309
Tangible capital assets (Note 11)	607,989	568,548
Total non-financial assets	653,579	614,410
Departmental net financial position (Note 12)	$289,366	$259,500

Contractual obligations and contractual rights (Note 13)

Contingent liabilities and contingent assets (Note 14)

The accompanying notes form an integral part of these financial statements

(Original signed by)
Lawrence Hanson
Acting Deputy Minister

Gatineau, Canada
Date:

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

Gatineau, Canada
Date: