Financial Statements For the year ended March 31, 2014

Notes to the Financial Statements (Unaudited)

10. Related party transactions

The Agency is related as a result of common ownership to all government departments, agencies, and Crown corporations. The Agency enters into transactions with these entities in the normal course of business and on normal trade terms. During the year, the Agency received common services which were obtained without charge from other government departments as disclosed below.

(a) Common services provided without charge by other government departments:

During the year, the Agency received services without charge from certain common service organizations, related to accommodation, legal services and the employer's contribution to the health and dental insurance plans. These services provided without charge have been recorded in the Agency's Statement of Operations and Agency Net Financial Position as follows:

(in thousands of dollars)
2014 2013
Employer's contribution to the health and dental insurance plans $15,972 $17,520
Legal services 1 -
Accommodation 7,508 7,078
Total $23,481 $24,598

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 Works and Government Services Canada and audit services provided by the Office of the Auditor General are not included in the Agency's Statement of Operations and Agency Net Financial Position. The costs of information technology infrastructure services provided by Shared Services Canada, following the transfer of responsibilities in November 2011 and April 2013, are also not included in the Agency's Statement of Operations and Agency Net Financial Position.

(b) Other transactions with related parties:
(in thousands of dollars)
2014 2013
Accounts payable - Other government departments and agencies $6,564 $4,026
Accounts receivable - Other government departments and agencies 5,088 3,006
Expenses - Other government departments and agencies 82,178 74,910
Revenues - Other government departments and agencies 14,804 11,492

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

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