Consolidated Financial Information for Crown Corporations (First Quarter 2014-2015; in thousands of dollars)

OrgID Crown corporation Type of Crown corporation
table 1 note 1
Financial year-end
table 1 note 2
Reporting period Total assets
table 1 note 3
Total liabilities
table 1 note 4
Equity
table 1 note 5
Budgetary Appropriations
table 1 note 6
Revenues (third parties)
table 1 note 7
Total revenues
table 1 note 8
Expenses
table 1 note 9
Net income (loss)
table 1 note 10
Total comprehensive income (loss)
table 1 note 10
Borrowings
table 1 note 11
Dividends
table 1 note 12
Accounting standard
table 1 note 13
13 Atlantic Pilotage Authority Enterprise Q1 ending on 15,318 8,156 7,162 0 4,699 4,699 5,385 (686) (686) 4,941 0 IFRS
14 Atomic Energy of Canada Limited Consolidated Q1 ending on   1,084,665 8,903,398 (7,818,733) 77,472 92,759 170,231 489,542 (319,311) (319,311) 0 0 IFRS
15 Bank of Canada Enterprise Q1 ending on 88,246,900 87,796,200 450,700 0 455,100 455,100 172,800 282,300 243,100 0 153,700 IFRS
20 Business Development Bank of Canada Enterprise Q1 ending on   19,772,857 15,352,042 4,420,815 0 289,739 289,739 167,968 121,771 94,925 14,983,414 54,613 IFRS
29 Canada Council for the Arts Consolidated Q1 ending on   393,906 131,120 262,786 78,000 1,198 79,198 93,855 (14,657) (14,656) 0 0 PSAS
30 Canada Deposit Insurance Corporation Enterprise Q1 ending on   2,848,273 1,259,497 1,588,776 0 79,731 79,731 59,354 20,247 20,247 0 0 IFRS
31 Canada Development Investment Corporation Enterprise Q1 ending on 5,084,053 131,257 4,952,796 0 137,013 137,013 22,452 97,969 (499,230) 0 96,695 IFRS
40 Canada Lands Company Limited Enterprise Q1 ending on   675,504 245,294 430,210 0 34,391 34,391 32,333 1,298 1,298 178,588 0 IFRS
42 Canada Mortgage and Housing Corporation Enterprise Q1 ending on 253,081,000 236,570,000 16,511,000 587,000 2,137,000 2,724,000 2,191,000 406,000 673,000 226,788,000 0 IFRS
43 Canada Pension Plan Investment Board N/A  Q1 ending on   268,392,000 41,592,000 226,800,000 0 3,554,000 3,554,000 144,000 3,410,000 3,410,000 0 0 IFRS
44 Canada Post Corporation Enterprise Q1 ending on 6,793,000 7,910,000 (1,117,000) 0 1,872,000 1,872,000 1,909,000 (28,000) (752,000) 1,126,000 0 IFRS
51 Canadian Air Transport Security Authority Consolidated Q1 ending on   388,296 400,378 (12,082) 138,284 203 138,487 141,438 (2,952) (2,952) 0 0 IFRS
53 Canadian Broadcasting Corporation Consolidated Q1 ending on   1,651,785 1,504,842 146,943 247,755 203,058 450,813 484,382 (33,569) (89,642) 384,978 0 IFRS
58 Canadian Commercial Corporation Consolidated Q1 ending on   1,644,592 1,630,894 13,698 3,914 550,162 554,076 552,887 1,189 1,189 0 0 IFRS
61 Canadian Dairy Commission Consolidated Q1 ending on 81,862 63,223 18,639 586 91,982 92,568 81,999 10,569 10,569 51,892 0 IFRS
81 Canadian Museum for Human Rights Consolidated Q1 ending on   358,611 348,356 10,255 6,940 1,146 8,086 7,533 553 553 0 0 PSAS-GNFPO
82 Canadian Museum of History Consolidated Q1 ending on   313,008 250,240 62,768 16,644 4,403 21,047 21,706 (659) (659) 0 0 PSAS-GNFPO
84 Canadian Museum of Immigration at Pier 21 Consolidated Q1 ending on 32,837 22,790 10,047 2,711 718 3,429 2,909 520 520 0 0 PSAS-GNFPO
85 Canadian Museum of Nature Consolidated Q1 ending on   206,140 215,936 (9,796) 8,562 1,962 10,524 10,184 340 340 0 0 PSAS-GNFPO
92 Canadian Race Relations Foundation Consolidated Q1 ending on   26,970 96 26,873 0 176 176 149 27 27 0 0 PSAS-GNFPO
97 Destination Canada Consolidated Q1 ending on 20,802 11,845 8,957 12,882 3,669 16,551 14,502 2,049 2,049 0 0 PSAS
119 Defence Construction (1951) Limited Consolidated Q1 ending on 59,798 23,127 36,671 0 21,395 21,395 21,564 (169) (169) 0 0 IFRS
146 Export Development Canada Enterprise Q1 ending on 46,138,000 38,862,000 7,276,000 0 401,000 401,000 367,000 34,000 34,000 36,392,000 750,000 IFRS
147 Farm Credit Canada Enterprise Q1 ending on   27,873,126 23,535,146 4,337,980 0 292,654 292,654 163,626 129,028 123,563 23,352,046 0 IFRS
148 Federal Bridge Corporation Limited, The Consolidated Q1 ending on   112,033 30,669 81,364 1,691 2,707 4,398 4,188 210 210 4,774 0 PSAS
157 Freshwater Fish Marketing Corporation Enterprise Q1 ending on 49,262 39,495 9,767 0 18,056 18,056 15,947 1,582 1,582 29,331 0 IFRS
163 Great Lakes Pilotage Authority Enterprise Q1 ending on 1,688 4,324 (2,636) 0 31 31 903 (872) (872) 0 0 IFRS
186 International Development Research Centre Consolidated Q1 ending on   65,470 51,312 14,158 38,753 10,579 49,332 51,773 (2,441) (2,441) 0 0 IFRS
194 Jacques-Cartier and Champlain Bridges Inc. Consolidated Q1 ending on   476,265 104,481 371,784 52,557 1,013 53,570 30,335 23,235 23,235 0 0 PSAS
197 Laurentian Pilotage Authority Enterprise Q1 ending on 29,442 8,288 21,153 0 17,093 17,093 17,807 (714) (714) 0 0 IFRS
202 Marine Atlantic Inc. Consolidated Q1 ending on   369,487 107,343 262,144 26,825 26,262 53,087 60,236 (7,149) (7,149) 0 0 PSAS
217 National Arts Centre Corporation Consolidated Q1 ending on   71,645 73,278 (1,633) 9,368 8,571 17,939 18,352 (413) (413) 0 0 PSAS-GNFPO
219 National Capital Commission Consolidated Q1 ending on   783,901 127,995 655,906 22,092 7,711 29,803 37,446 (7,643) (7,643) 0 0 PSAS
224 National Gallery of Canada Consolidated Q1 ending on   118,459 110,082 8,377 12,279 1,538 13,817 13,235 582 582 0 0 PSAS-GNFPO
226 Canada Science & Technology Museums Corp. Consolidated Q1 ending on   78,795 66,228 12,567 7,574 1,993 9,567 9,032 535 535 4,553 0 PSAS-GNFPO
261 Pacific Pilotage Authority Enterprise Q1 ending on 29,357 8,173 21,184 0 15,724 15,724 16,426 (702) (702) 0 0 IFRS
272 PPP Canada Consolidated Q1 ending on   1,226,923 1,220,275 6,648 2,375 522 2,897 2,610 287 287 0 0 PSAS
292 Ridley Terminals Inc. Enterprise Q1 ending on 394,207 126,888 267,319 0 22,740 22,740 14,317 8,423 6,993 37,202 0 IFRS
294 Royal Canadian Mint Enterprise Q1 ending on 469,401 154,406 314,995 0 669,528 669,528 652,492 12,777 11,808 49,581 0 IFRS
312 Standards Council of Canada Consolidated Q1 ending on   9,361 4,047 5,314 2,932 1,981 4,913 4,844 69 69 0 0 PSAS
315 Telefilm Canada Consolidated Q1 ending on   57,987 32,730 25,257 18,012 3,211 21,223 16,222 5,001 5,001 0 0 PSAS
334 VIA Rail Canada Inc. Consolidated Q1 ending on 1,323,366 1,466,035 (142,669) 105,351 58,451 163,802 149,672 14,043 (43,251) 0 0 IFRS

Notes to the Consolidated Financial Report

Table 1 Note 1

For the purposes of Public Accounts, Crown corporations are classified in two groups: Enterprise and Consolidated. The consolidated Crown corporations rely on government funding as their principal source of revenue, whereas the enterprise Crown corporations do not rely on government funding to sustain their operations. There are, however, a couple of reporting exemptions. Although a Crown corporation, Canada Pension Plan Investment Board, manages on behalf of the Canada Pension Plan, funds that do not belong to the government, therefore, it is considered external (N/A) to the government reporting entity. The Public Sector Pension Investment Board is exempt (N/A) from the requirement to publicly disclose quarterly financial information. This information is only provided on , on an annual basis.

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Table 1 Note 2

Crown corporations have different calendar and financial year-ends, as is most appropriate for their operating environment.

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Table 1 Note 3

Total assets (both short-term and long-term) represent all assets reported by the corporation in its audited financial statements or non-audited quarterly financial report (i.e. cash, equipment, etc.).

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Table 1 Note 4

Total liabilities (both short-term and long-term) represent all liabilities reported by the corporation (i.e. payables, borrowings and other obligations).

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Table 1 Note 5

Equity (also referred to as "accumulated surplus or deficit") includes share capital, contributed surplus, retained earnings, accumulated other comprehensive income and non-controlling interests, where applicable. Under Public Sector Accounting Standards for government-controlled not-for-profit organizations (PSAS-GNFPO), the equity may be referred to as "net assets" and it may include unrestricted and restricted assets, net assets invested in capital assets and other accumulated remeasurement gains (losses).

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Table 1 Note 6

Budgetary appropriations refer to parliamentary funding for capital and operating purposes recognized as revenue in the Statement of Operations. The appropriations may also include deferred capital funding amortized and recognized on the same basis and over the same periods as the related property, equipment and intangible assets.

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Table 1 Note 7

Revenues (third parties) include the revenues generated from the sale of goods and services, the investment income, other income and gains (i.e. revaluation gains, etc.). It may also include other funding (excluding budgetary appropriations) recognized as revenue or income.

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Table 1 Note 8

Total revenues include the third party revenues (or self-generated revenues, as defined above) and budgetary appropriations in respect of the current year's operations.

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Table 1 Note 9

Expenses include cost of goods sold or cost of sales, operating and administrative expenses, other expenses and losses (i.e. revaluation losses, etc.), where applicable. The expenses do not include income taxes or final payments to provincial milk boards and agencies by the Canadian Dairy Commission or to fishers by the Freshwater Fish Marketing Corporation.

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Table 1 Note 10

Net income (loss) represents after-tax income or loss (where applicable), whereas the total comprehensive income (loss) includes other comprehensive income and any extraordinary items. In some cases, net income or other comprehensive income have been defined as the "excess of parliamentary appropriations over cost of operations", "surplus", "net result", or as the "excess of proceeds over expenditures".

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Table 1 Note 11

Borrowings (with the third party and the government, as applicable) include both short- and long-term borrowings as of the reporting quarter. These include loans, advances from the Government of Canada and other debt-like instruments.

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Table 1 Note 12

Equity transactions with the government include dividends that were paid (not declared) during the year (year-to-date amounts). Dividends may be paid by the corporation to the Government of Canada before or after the corporation's year-end. For the Bank of Canada, the reported dividend amounts represent the remittance of ascertained surplus to the Receiver General for Canada.

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Table 1 Note 13

Crown corporations use different reporting standards (International Financial Reporting Standards (IFRS), Public Sector Accounting Standards (PSAS) or Public Sector Accounting Standards for government-controlled not-for-profit organizations (PSAS-GNFPO)). No conversion to one or the other reporting standard was done for the purposes of presenting the financial information.

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  • Total revenues (both self-generated revenues and budgetary appropriations), net income, total comprehensive income and dividends are cumulative as of the second quarter and onwards for each reporting year.

  • The financial statements do not always display the same information consistently; therefore, certain values have been adjusted or could not be directly linked to the reporting category in order to provide a meaningful basis for comparison between the Crown corporations.

  • The data presented reflect most Crown corporations. Where data could not be included, an explanation has been provided.

  • When comparing individual Crown corporations' reports with the data presented here, note that a corporation may have restated, after the fact, certain financial data to reflect changes in its accounting policies. No attempt has been made to apply such changes to the data in this report.

  • The data presented was derived from the annual reports or quarterly financial reports found on the listed Crown Corporation's website for the period presented.

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