Financial Statements 2017-2018

Statement of Management Responsibility Including Internal Control Over Financial Reporting

Responsibility for the integrity and objectivity of the accompanying financial statements for the year ended March 31, 2018 and all information contained in these statements rests with the management of Polar Knowledge Canada (POLAR). These financial statements have been prepared by management using the Government's accounting policies, which are based on Canadian public sector accounting standards.

Management is responsible for the integrity and objectivity of the information in these financial statements. Some of the information in the financial statements is based on management's best estimates and judgment, and gives due consideration to materiality. To fulfill its accounting and reporting responsibilities, management maintains a set of accounts that provides a centralized record of POLAR’s financial transactions. Financial information submitted in the preparation of the Public Accounts of Canada, and included in POLAR’s Departmental Results Report, is consistent with these financial statements.

Management is also responsible for maintaining an effective system of internal control over financial reporting (ICFR) designed to provide reasonable assurance that financial information is reliable, that assets are safeguarded and that transactions are properly authorized and recorded in accordance with the Financial Administration Act and other applicable legislation, regulations, authorities and policies.

Management seeks to ensure the objectivity and integrity of data in its financial statements through careful selection, training and development of qualified staff; through organizational arrangements that provide appropriate divisions of responsibility; through communication programs aimed at ensuring that regulations, policies, standards, and managerial authorities are understood throughout POLAR and through conducting an annual risk-based assessment of the effectiveness of the system of ICFR.

The system of ICFR is designed to mitigate risks to a reasonable level based on an ongoing process to identify key risks, to assess effectiveness of associated key controls, and to make any necessary adjustments.

During 2017–18, POLAR has continued to make progress towards ensuring that a risk-based departmental system of internal control over financial management is established, monitored and maintained. A multi-phase risk based assessment plan has been established. The plan is progressing from the documentation of the key internal control processes, through the design and operating effectiveness testing of controls, to the full ongoing monitoring stage.

POLAR will be subject to core control audits that are performed periodically by the Office of the Comptroller General to ensure that core controls over financial management are effective and result in compliance with corresponding legislation, policies and directives. A summary of the measures taken by POLAR to maintain an effective system of internal control resulting from the assessment plan and any core control audit recommendations will be presented in future years as required by the Treasury Board Policy on Financial Management.

The financial statements of POLAR have not been audited.

_____________________________
David J. Scott, Ph.D.
President and Chief Executive Officer
Ottawa, Canada
August 30, 2018

_____________________________
Martin Turpin
Chief Financial Officer
Cambridge Bay, Canada
August 29, 2018

Statement of Financial Position (Unaudited)

As at March 31

(in dollars) 2018 2017
Liabilities
  • Accounts payable and accrued liabilities (note 5)
2,896,163 2,063,616
  • Vacation pay and compensatory leave
243,270 200,784
  • Employee future benefits (note 6)
99,583 94,439
Total liabilities 3,239,016 2,358,839
Financial assets
  • Due from Consolidated Revenue Fund
2,717,692 1,874,455
  • Accounts receivable and advances (note 4)
169,973 185,122
Total financial assets 2,887,665 2,059,577
Departmental net debt 351,351 299,262
Non-financial assets
  • Prepaid expenses
11,969 34,303
  • Tangible capital assets (note 7)
1,807,160 1,845,224
Total non-financial assets 1,819,129 1,879,527
Departmental net financial position 1,467,778 1,580,265

Contractual obligations (note 8)

Contingent liabilities (note 9)

The accompanying notes form an integral part of the financial statements.

_____________________________
David J. Scott, Ph.D.
President and Chief Executive Officer
Ottawa, Canada
August 30, 2018

_____________________________
Martin Turpin
Chief Financial Officer
Cambridge Bay, Canada
August 29, 2018

Statement of Operations and Departmental Net Financial Position (Unaudited)

For the Year Ended March 31



(in dollars)
Planned
Results
2018


2018


2017
Expenses
  • Science and Technology for the North
13,921,546 13,132,509 8,795,168
  • Polar Knowledge Application
3,778,985 3,566,738 3,058,025
  • Internal services
4,824,961 5,287,508 3,973,189
Total expenses 22,525,492 21,986,755 15,826,382
Revenues
  • Lease and use of public property
373,700 229,906 -
  • Revenues earned on behalf of Government
(373,700) (229,906) -
Total revenues - - -
Net cost of operations before government funding and transfers 22,525,492 21,986,755 15,826,382
Government funding and transfers
  • Net cash provided by Government
20,327,486 15,043,014
  • Change in due from Consolidated Revenue Fund
843,237 799,729
  • Services provided without charge by other government departments (note 10)
501,328 349,476
  • Transfer of assets and liabilities from other government departments (note 11)
202,217 1,292,847
Net cost of operations after government funding and transfers 112,487 (1,658,684)
Departmental net financial position - Beginning of year 1,580,265 (78,419)
Departmental net financial position - End of year 1,467,778 1,580,265

Segmented information (note 12)

The accompanying notes form an integral part of the financial statements.

Statement of Change in Departmental Net Debt (Unaudited)

For the Year Ended March 31

(in dollars) 2018 2017
Net cost of operations after government funding and transfers 112,487 (1,658,684)
Change due to tangible capital assets
  • Acquisition of tangible capital assets
- 540,690
  • Amortization of tangible capital assets (note 7)
(238,918) (115,382)
  • Adjustment to leasehold improvements (note 7)
(1,363) -
  • Transfer from other government departments (note 11)
202,217 1,292,847
Total change due to tangible capital assets (38,064) 1,718,155
Change due to prepaid expenses (22,334) 25,218
Net increase in net debt 52,089 84,689
Departmental net debt - Beginning of year 299,262 214,573
Departmental net debt - End of year 351,351 299,262

The accompanying notes form an integral part of the financial statements.

Statement of Cash Flows (Unaudited)

For the Year Ended March 31

(in dollars) 2018 2017
Operating activities
Net cost of operations before government funding and transfers 21,986,755 15,826,382
Non-cash items:
  • Amortization of tangible capital assets (note 7)
(238,918) (115,382)
  • Adjustment to leasehold improvements (note 7)
(1,363) -
  • Services provided without charge by other government departments (note 10)
(501,328) (349,476)
Variations in Statement of Financial Position:
  • Increase (decrease) in accounts receivable and advances
(15,149) 159,046
  • Increase (decrease) in prepaid expenses
(22,334) 25,218
  • Increase in accounts payable and accrued liabilities
(832,547) (957,862)
  • Increase in vacation pay and compensatory leave
(42,486) (75,249)
  • Increase in employee future benefits
(5,144) (10,353)
Cash used in operating activities 20,327,486 14,502,324
Capital investing activities
  • Acquisition of tangible capital assets
- 540,690
Cash used in capital investing activities - 540,690
Net cash provided by Government of Canada 20,327,486 15,043,014

The accompanying notes form an integral part of the financial statements.

Notes to the Financial Statements (Unaudited)

For the Year Ended March 31

  1. Authority and objectives

    Polar Knowledge Canada (POLAR) is a federal agency (departmental corporation) that was established with the coming into force of the Canadian High Arctic Research Station Act on June 1, 2015. POLAR advances knowledge of the Canadian Arctic and strengthens Canadian leadership in polar science and technology. POLAR has a unique role to advance our collective understanding of polar environments by mobilizing current knowledge produced by others, in a meaningful and accessible way, to address the gaps and concerns of Northern communities.

    POLAR has one strategic outcome: Canada has world-class Arctic science and technology to support the development and stewardship of Canada’s North and is recognized as a leader on circumpolar research issues. According to the approved Program Aligment Architecture (PAA), the Statement of Operations and Departmental Net Financial Position was detailed by the following programs (business lines):

    Science and Technology for the North

    This program aims to create the conditions for Polar Knowledge Canada to anchor a strong research presence in Canada’s Arctic. Through both partnering and internal science and technology, POLAR will acquire the wide range of information needed for effective solutions to Arctic issues, policy and research program development in the North, and to advance Canada’s position as a leading Arctic nation. The depth of knowledge gained through scientific and technological research and training will support greater sustainable use of the North’s land and natural resources.

    Polar Knowledge Application

    Lead the mobilization of polar science and technology into action. POLAR will analyze and disseminate polar knowledge from its Science and Technology Program, as well as that from other federal, territorial and other stakeholders, and investments to inform management, programming, and policies; promote Arctic science and technology nationally and internationally; and build capacity through training, outreach, and learning opportunities. This will ensure polar knowledge is relevant to stakeholders and indigenous communities, and builds a science culture in Canada that incorporates indigenous and local knowledge.

    Internal services

    Internal Services are groups of related activities and resources that are administered to support the needs of programs and other corporate obligations of an organization. Internal services include only those activities and resources that apply across an organization, and not those provided to a specific program. The groups of activities are; Management and Oversight Services, Communications Services, Legal Services, Human Resources Management Services, Financial Management Services, Information Management Services, Information Technology Services, Real Property Services, Materiel Services and Acquisition Services.

  2. Summary of significant accounting policies

    These financial statements are prepared using POLAR's accounting policies stated below, which are based on Canadian public sector accounting standards. The presentation and results using the stated accounting policies do not result in any significant differences from Canadian public sector accounting standards.

    Significant accounting policies are as follows:

    (a) Parliamentary authorities
    POLAR is financed by the Government of Canada through Parliamentary authorities. Financial reporting of authorities provided to POLAR do not parallel financial reporting according to generally accepted accounting principles since authorities are primarily based on cash flow requirements. Consequently, items recognized in the Statement of Operations and Departmental Net Financial Position and in the Statement of Financial Position are not necessarily the same as those provided through authorities from Parliament. Note 3 provides a reconciliation between the bases of reporting. The planned results amounts in the "Expenses" and "Revenues" section of the Statement of Operations and Departmental Net Financial Position are the amounts reported in the Future-oriented Statement of Operations included in the 2017-2018 Departmental Plan. Planned results are not presented in the “Government funding and transfers” section of the Statement of Operations and Departmental Net Financial Position and in the Statement of Change in Departmental Net Debt because these amounts were not included in the 2017-2018 Departmental Plan.

    (b) Net cash provided by Government
    POLAR operates within the Consolidated Revenue Fund (CRF), which is administered by the Receiver General for Canada. All cash received by POLAR is deposited to the CRF, and all cash disbursements made by POLAR are paid from the CRF. The net cash provided by Government is the difference between all cash receipts and all cash disbursements, including transactions between departments of the Government.

    (c) Due from the CRF
    Amounts due from the CRF are the result of timing differences at year-end between when a transaction affects authorities and when it is processed through the CRF. Amounts due from the CRF represent the net amount of cash that POLAR is entitled to draw from the CRF without further authorities to discharge its liabilities.

    (d) Revenues
    Revenues from the lease and use of public property are recognized in the period the event giving rise to the revenues occurred.

    Revenues that are non-respendable are not available to discharge POLAR's liabilities. While the President and Chief Executive Officer is expected to maintain accounting control, he has no authority regarding the disposition of non-respendable revenues. As a result, non-respendable revenues are considered to be earned on behalf of the Government of Canada and are therefore presented as a reduction of the entity's gross revenues.

    (e) Expenses

    • Transfer payments are recorded as an expense in the year the transfer is authorized and all eligibility criteria have been met by the recipient.
    • Vacation pay and compensatory leave are accrued as the benefits are earned by employees under their respective terms of employment.
    • Services provided without charge by other government departments for employer contributions to the health and dental insurance plans are recorded as operating expenses at their carrying value.

    (f) Employee future benefits

    • Pension benefits: Eligible employees participate in the Public Service Pension Plan, a multiemployer pension plan administered by the Government. POLAR’s contributions to the Plan are charged to expenses in the year incurred and represent the total departmental obligation to the Plan. POLAR’s responsibility with regard to the Plan is limited to its contributions. Actuarial surpluses or deficiencies are recognized in the financial statements of the Government of Canada, as the Plan’s sponsor.
    • Severance benefits: The accumulation of severance benefits for voluntary departures ceased for applicable employee groups. The remaining obligation for employees who did not withdraw benefits is calculated using information derived from the results of the actuarially determined liability for employee severance benefits for the Government as a whole.

  1. Summary of significant accounting policies (continued)

    (g) Accounts receivable
    Accounts receivable are initially recorded at cost and where necessary, are discounted to reflect their concessionary terms. When necessary, an allowance for valuation is recorded to reduce the carrying value of accounts receivable to amounts that approximate their net recoverable value.

    (h) Non-financial assets
    The costs of acquiring land, buildings, equipment and other capital property are capitalized as tangible capital assets and, except for land, are amortized to expense over the estimated useful lives of the assets, as described in Note 7. All tangible capital assets and leasehold improvements having an initial cost of $10,000 or more are recorded at their acquisition cost. Tangible capital assets do not include immovable assets located on reserves as defined in the Indian Act, works of art, museum collection and Crown land to which no acquisition cost is attributable; and intangible assets.

    (i) Contingent liabilities
    Contingent liabilities, including the allowance for guarantees, are potential liabilities which may become actual liabilities when one or more future events occur or fail to occur. If the future event is likely to occur or fail to occur, and a reasonable estimate of the loss can be made, a provision is accrued and an expense recorded to other expenses. If the likelihood is not determinable or an amount cannot be reasonably estimated, the contingency is disclosed in the notes to the financial statements.

    For guarantees, an allowance is recorded when it is determined that a loss is likely and the amount of the allowance is estimated taking into consideration the nature of the guarantee, loss experience and current conditions. The allowance is reviewed on an ongoing basis and changes in the allowance are recorded as expenses in the year they become known.

    (j) Measurement uncertainty
    The preparation of these financial statements requires management to make estimates and assumptions that affect the reported and disclosed amounts of assets, liabilities, revenues and expenses reported in the financial statements and accompanying notes at March 31. The estimates are based on facts and circumstances, historical experience, general economic conditions and reflect the Government's best estimate of the related amount at the end of the reporting period. The most significant items where estimates are used are contingent liabilities, the liability for employee future benefits and the useful life of tangible capital assets. Actual results could significantly differ from those estimated. Management’s estimates are reviewed periodically and, as adjustments become necessary, they are recorded in the financial statements in the year they become known.

    (k) Related party tranactions
    Related party transactions, other than inter-entity transactions, are recorded at the exchange amount. Inter-entity transactions are transactions between commonly controlled entities. Inter-entity transactions, other than restructuring transactions, are recorded on a gross basis and are measured at the carrying amount, except for the following:

    • Services provided on a recovery basis are recognized as revenues and expenses on a gross basis and measured at the exchange amount.
    • Certain services received on a without charge basis are recorded for departmental financial statement purposes at the carrying amount.

  1. Parliamentary authorities

    POLAR receives its funding through annual parliamentary authorities. Items recognized in the Statement of Operations and Departmental Net Financial Position and the Statement of Financial Position in one year may be funded through parliamentary authorities in prior, current or future years. Accordingly, POLAR has different net results of operations for the year on a government funding basis than on an accrual accounting basis. The differences are reconciled in the following tables:

    (a) Reconciliation of net cost of operations to current year authorities used

    (in dollars) 2018 2017
    Net cost of operations before government funding and transfers 21,986,755 15,826,382
    Adjustments for items affecting net cost of operations but not affecting authorities:
    • Services provided without charge by other government departments
    (501,328) (349,476)
    • Amortization of tangible capital assets
    (238,918) (115,382)
    • Amortization of prepaid expenses
    (34,303) (9,085)
    • Increase in vacation pay and compensatory leave
    (42,486) (75,250)
    • Increase in employee future benefits
    (5,144) (10,353)
    • Refunds / Adjustments of prior years' expenditures
    364,139 31,442
    • Increase in accrued liabilities not charged to authorities
    (24,500) -
    Total items affecting net cost of operations but not affecting authorities (482,540) (528,104)
    Adjustments for items not affecting net cost of operations but affecting authorities:
    • Variation in prepaid expenses
    11,969 34,302
    • Acquisition of tangible capital assets
    - 540,690
    • Variation in advances
    11,943 (6,792)
    Total items not affecting net cost of operations but affecting authorities 23,912 568,200
    Current year authorities used 21,528,127 15,866,478

    (b) Authorities provided and used

    (in dollars) 2018 2017
    Authorities provided:
    • Vote 1 - Program expenditures
    22,086,483 19,215,842
    • Statutory amounts
    759,074 503,400
    Total authorities provided 22,845,557 19,719,242
    Less:
    • Lapsed: Operating
    (1,317,430) (3,852,764)
    Current year authorities used 21,528,127 15,866,478
  1. Accounts receivable and advances

    The following table presents details of POLAR's accounts receivable and advances:

    (in dollars) 2018 2017
    Accounts receivable - Other government departments and agencies 38,782 160,638
    Accounts receivable - External parties 124,088 19,080
    Employee advances 7,103 5,404
    Total accounts receivable and advances 169,973 185,122
  1. Accounts payable and accrued liabilities

    The following table presents details of POLAR's accounts payable and accrued liabilities:

    (in dollars) 2018 2017
    Accounts payable - Other government departments and agencies 443,794 790,533
    Accounts payable - External parties 1,222,268 414,728
    Total accounts payable 1,666,062 1,205,261
    Accrued liabilities 1,230,101 858,355
    Total accounts payable and accrued liabilities 2,896,163 2,063,616
  1. Employee future benefits

    (a) Pension benefits

    POLAR's employees participate in the Public Service Pension Plan (the Plan), which is sponsored and administered by the Government of Canada. Pension benefits accrue up to a maximum period of 35 years at a rate of 2 percent per year of pensionable service, times the average of the best five consecutive years of earnings. The benefits are integrated with Canada/Quebec Pension Plans benefits and they are indexed to inflation.

    Both the employees and POLAR contribute to the cost of the Plan. Due to the amendment of the Public Service Superannuation Act following the implementation of provisions related to the Economic Action Plan 2012, employee contributors have been divided into two groups – Group 1 relates to existing plan members as of December 31, 2012 and Group 2 relates to members joining the Plan as of January 1, 2013. Each group has a distinct contribution rate.

    The 2017-2018 expense amounts to $516,929 ($350,719 in 2016-2017). For Group 1 members, the expense represents approximately 1.01 times (1.12 times in 2016-2017) the employee contributions and, for Group 2 members, approximately 1.00 times (1.08 times in 2016-2017) the employee contributions.

    POLAR's responsibility with regard to the Plan is limited to its contributions. Actuarial surpluses or deficiencies are recognized in the financial statements of the Government of Canada, as the Plan's sponsor.

    (b) Severance benefits

    Severance benefits provided to POLAR's employees were previously based on an employee’s eligibility, years of service and salary at termination of employment. However, since 2011 the accumulation of severance benefits for voluntary departures progressively ceased for substantially all employees. Employees subject to these changes were given the option to be paid the full or partial value of benefits earned to date or collect the full or remaining value of benefits upon departure from the public service. By March 31, 2018, substantially all settlements for immediate cash out were completed. Severance benefits are unfunded and, consequently, the outstanding obligation will be paid from future authorities.

    The changes in the obligations during the year are as follows:

    (in dollars) 2018 2017
    Accrued benefit obligation, beginning of year 94,439 84,086
    Expense for the year 5,144 10,353
    Accrued benefit obligation, end of year 99,583 94,439
  1. Tangible capital assets

    Amortization of tangible capital assets is done on a straight line basis over the estimated useful like of the assets as follows:

    Asset Class Amortization Period
    Machinery and equipment 5 years
    Informatics hardware 5 years
    Informatics software 3 years
    Other equipment, including furniture 5 to 10 years
    Ships and boats 10 years
    Motor vehicles (Non-military) 4 to 7 years
    Other vehicles 10 years
    Leasehold improvements Lesser of the remaining term of lease or useful life of the improvement
    Cost Opening Balance April 1, 2017 Acquisitions Adjustments (1) Disposals and Write-Offs Closing Balance March 31, 2018
    (in dollars)
    Machinery and equipment 1,154,250 - 220,046 - 1,374,296
    Other equipment, including furniture 23,504 - - - 23,504
    Ships and Boats 23,400 - - - 23,400
    Motor Vehicles (Non-Military) 240,983 - - - 240,983
    Other Vehicles 22,549 - - - 22,549
    Leasehold improvements 540,690 - (1,362) - 539,328
    2,005,376 - 218,684 - 2,224,060
    Accumulated Amortization Opening Balance April 1, 2017 Amortization Adjustments (1) Disposals and Write-Offs Closing Balance March 31, 2018
    (in dollars)
    Machinery and equipment 70,244 123,065 17,831 - 211,140
    Other equipment, including furniture 5,876 2,350 - - 8,226
    Ships and Boats 5,655 2,340 - - 7,995
    Motor Vehicles (Non-Military) 72,552 54,061 - - 126,613
    Other Vehicles 5,825 2,255 - - 8,080
    Leasehold improvements - 54,847 (1) - 54,846
    160,152 238,918 17,830 - 416,900
    Net Book Value Opening Balance April 1, 2017 Closing Balance March 31, 2018
    (in dollars)
    Machinery and equipment 1,084,006 1,163,156
    Other equipment, including furniture 17,628 15,278
    Ships and Boats 17,745 15,405
    Motor Vehicles (Non-Military) 168,431 114,370
    Other Vehicles 16,724 14,469
    Leasehold improvements 540,690 484,482
    1,845,224 1,807,160

    (1) Adjustments include tangible capital assets with a net book value of $202,217 that were transferred in 2017-2018 from other government departments (refer to note 11 for further detail on the transfer). Adjustments also include an adjustment for a credit received in 2017-2018 for leasehold improvements work undertaken in 2016-2017.

  1. Contractual obligations

    The nature of POLAR’s activities can result in some large multi-year contracts and obligations whereby POLAR will be obligated to make future payments in order to carry out its transfer payment programs or when the services/goods are received. Significant contractual obligations that can be reasonably estimated are summarized as follows:


    (in dollars)

    2019

    2020

    2021

    2022
    2023 and
    subsequent

    Total
    Transfer payments 6,321,372 1,515,650 - - - 7,837,022
    Other obligations 2,063,362 385,146 313,248 310,620 1,051,190 4,123,566
    Total 8,384,734 1,900,796 313,248 310,620 1,051,190 11,960,588
  1. Contingent liabilities

    Claims and litigation

    Contingent liabilities arise in the normal course of operations and their ultimate disposition is unknown. Claims have been made against POLAR in the normal course of operations. POLAR has recorded an allowance for claims and litigations where it is likely that there will be a future payment and a reasonable estimate of the loss can be made.

  1. Related party transactions

    POLAR is related as a result of common ownership to all government departments, agencies, and Crown corporations. Related parties also include individuals who are members of key management personnel or close family members of those individuals, and entities controlled by, or under shared control of, a member of key management personnel or a close family member of that individual.

    POLAR enters into transactions with these entities in the normal course of business and on normal trade terms.

    a) Common services provided without charge by other government departments

    During the year, POLAR received services without charge from certain common service organizations, related to the employer’s contribution to the health and dental insurance plans. These services provided without charge have been recorded at the carrying value in POLAR’s Statement of Operations and Departmental Net Financial Position as follows:

    (in dollars) 2018 2017
    Employer's contribution to the health and dental insurance plans 501,328 349,476
    Total 501,328 349,476

    The Government has centralized some of its administrative activities for efficiency, cost-effectiveness purposes and economic delivery of programs to the public. As a result, the Government uses central agencies and common service organizations so that one department performs services for all other departments and agencies without charge. The costs of these services, such as the payroll and cheque issuance services provided by Public Services and Procurement Canada and audit services provided by the Office of the Auditor General are not included in POLAR’s Statement of Operations and Departmental Net Financial Position.

    (b) Other transactions with other government departments and agencies

    (in dollars) 2018 2017
    Accounts receivable 38,782 160,638
    Accounts payable 443,794 790,533
    Expenses - Other government departments and agencies 3,495,068 2,390,057

    Expenses disclosed in (b) exclude common services provided without charge, which are already disclosed in (a).

  1. Transfer from other government departments

    Effective June 1, 2015, the former Canadian Polar Commission (CPC) and the former Science and Technology program at Aboriginal Affairs and Northern Development Canada (AANDC) transferred responsibility of all of its programs (CPC) and programs related to the development and implementation of CHARS (AANDC) to POLAR. The transfer was done in accordance with the Canadian High Arctic Research Act and included the stewardship responsibility for the assets and liabilities related to these programs. Accordingly, POLAR received assets from AANDC in 2017-2018:

    (in dollars) Total
    Assets
    Tangible capital assets (net book value) 202,217
    Total assets received 202,217
    Adjustment to the departmental net financial position 202,217
  1. Segmented information

    Presentation by segment is based on POLAR's program alignment architecture. The presentation by segment is based on the same accounting policies as described in the Summary of significant accounting policies in note 2. The following table presents the expenses incurred and revenues for the main programs, by major object of expense and type of revenue. The segment results for the period are as follows:

    2018 2017

    (in dollars)
    Science and Technology for the North Polar Knowledge Application Internal services
    Total

    Total
    Transfer payments
    Other Levels of Government 4,816,666 1,490,984 - 6,307,650 5,731,823
    Native Peoples 2,090,461 - - 2,090,461 659,430
    Industry 1,966,155 55,000 - 2,021,155 701,483
    Individuals 10,000 - - 10,000 10,000
    Total Transfer payments 8,883,282 1,545,984 - 10,429,266 7,102,736
    Operating expenses
    Salaries and employee benefits 2,534,998 1,321,303 2,858,465 6,714,766 4,621,037
    Transportation and telecommunications 925,829 458,520 427,617 1,811,966 1,229,412
    Professional and special services 532,736 79,743 532,757 1,145,236 1,626,915
    Rentals 16,743 2,344 1,044,007 1,063,094 661,066
    Utilities, materials and supplies 44,673 3,119 242,665 290,457 193,703
    Amortization of tangible capital assets 184,071 - 54,847 238,918 115,383
    Information 859 155,711 22,559 179,129 177,425
    Other 111 - 60,184 60,295 9,229
    Machinery and equipment 9,207 14 39,230 48,451 68,715
    Repairs and maintenance - - 5,177 5,177 20,761
    Total operating expenses 4,249,227 2,020,754 5,287,508 11,557,489 8,723,646
    Total Expenses 13,132,509 3,566,738 5,287,508 21,986,755 15,826,382
    Revenues
    Lease and use of public property - - 229,906 229,906 -
    Revenues earned on behalf of Government - - 229,906 229,906 -
    Total revenues - - - - -
    Net cost from continuing operations 13,132,509 3,566,738 5,287,508 21,986,755 15,826,382
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