Consolidated Financial Information for Crown Corporations (Second 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 Q2 ending on 15,505 8,197 7,308 0 10,442 10,442 10,982 (540) (540) 4,839 0 IFRS
14 Atomic Energy of Canada Limited Consolidated Q2 ending on 1,010,800 9,062,887 (8,052,087) 137,066 199,794 336,860 882,380 (545,520) (545,520) 0 0 IFRS
15 Bank of Canada Enterprise Q2 ending on 91,658,400 91,220,100 438,300 0 907,600 907,600 349,700 557,900 477,800 0 378,700 PSAS
20 Business Development Bank of Canada Enterprise Q2 ending on 20,182,463 15,661,318 4,521,145 0 602,822 602,822 343,985 258,837 197,775 15,335,427 54,613 IFRS
29 Canada Council for the Arts Consolidated Q2 ending on 391,892 121,229 270,663 124,000 2,383 126,383 135,372 (8,989) (8,989) 0 0 IFRS
30 Canada Deposit Insurance Corporation Enterprise Q2 ending on 2,920,603 1,258,487 1,662,116 0 162,611 162,611 68,623 93,587 93,587 0 0 IFRS
31 Canada Development Investment Corporation Enterprise Q2 ending on 5,183,413 132,178 5,051,235 0 252,730 252,730 55,776 165,218 (355,057) 0 142,429 PSAS-GNFPO
40 Canada Lands Company Limited Enterprise Q2 ending on 844,526 401,651 442,875 0 95,258 95,258 75,949 13,963 13,963 336,663 0 IFRS
42 Canada Mortgage and Housing Corporation Enterprise Q2 ending on 251,274,000 234,125,000 17,149,000 1,077,000 4,266,000 5,343,000 4,236,000 841,000 1,311,000 224,896,000 0 IFRS
43 Canada Pension Plan Investment Board N/A  Q2 ending on 273,607,000 39,181,000 234,426,000 0 11,926,000 11,926,000 954,000 10,972,000 10,972,000 0 0 IFRS
44 Canada Post Corporation Enterprise Q2 ending on 7,118,000 8,854,000 (1,736,000) 0 3,883,000 3,883,000 3,834,000 39,000 (1,371,000) 1,120,000 0 PSAS-GNFPO
51 Canadian Air Transport Security Authority Consolidated Q2 ending on 397,468 410,448 (12,980) 283,823 260 284,083 287,933 (3,850) (3,850) 0 0 PSAS-GNFPO
53 Canadian Broadcasting Corporation Consolidated Q2 ending on 1,693,734 1,486,185 207,549 375,932 382,077 758,009 844,785 (86,776) (28,861) 391,384 0 PSAS-GNFPO
58 Canadian Commercial Corporation Consolidated Q2 ending on 3,420,415 3,403,339 17,076 7,827 1,212,946 1,220,773 1,216,206 4,567 4,567 0 0 PSAS-GNFPO
61 Canadian Dairy Commission Consolidated Q2 ending on 64,695 41,031 23,664 1,347 151,939 153,286 137,693 15,593 15,593 21,140 0 IFRS
81 Canadian Museum for Human Rights Consolidated Q2 ending on 361,709 351,960 9,749 14,977 2,527 17,504 17,488 16 16 0 0 IFRS
82 Canadian Museum of History Consolidated Q2 ending on 310,758 246,093 64,665 35,274 9,135 44,409 43,105 1,304 1,304 0 0 IFRS
84 Canadian Museum of Immigration at Pier 21 Consolidated Q2 ending on 34,232 24,248 9,984 4,864 1,276 6,140 5,695 445 445 0 0 PSAS
85 Canadian Museum of Nature Consolidated Q2 ending on 203,002 213,075 (10,073) 16,317 4,517 20,834 20,466 368 368 0 0 IFRS
92 Canadian Race Relations Foundation Consolidated Q2 ending on 27,109 99 27,010 0 562 562 397 165 165 0 0 IFRS
97 Destination Canada Consolidated Q2 ending on 19,395 11,250 8,145 27,378 5,562 32,940 31,619 1,321 1,321 0 0 PSAS
119 Defence Construction (1951) Limited Consolidated Q2 ending on 60,721 24,439 36,282 0 41,212 41,212 41,770 (558) (558) 0 0 PSAS
146 Export Development Canada Enterprise Q2 ending on 44,590,000 36,882,000 7,708,000 0 818,000 818,000 310,000 508,000 466,000 35,187,000 1,129,000 PSAS
147 Farm Credit Canada Enterprise Q2 ending on 28,223,800 23,747,600 4,476,200 0 606,487 606,487 331,403 275,084 261,295 23,603,505 0 PSAS-GNFPO
148 Federal Bridge Corporation Limited, The Consolidated Q2 ending on 115,140 30,980 84,160 5,324 6,574 11,898 8,736 3,162 3,162 4,728 0 PSAS
157 Freshwater Fish Marketing Corporation Enterprise Q2 ending on 49,377 38,499 10,878 0 37,666 37,666 34,076 2,693 2,693 27,253 0 PSAS
163 Great Lakes Pilotage Authority Enterprise Q2 ending on 4,461 5,743 (1,282) 0 7,999 7,999 7,517 482 482 0 0 PSAS
186 International Development Research Centre Consolidated Q2 ending on 69,625 55,804 13,821 91,722 23,043 114,765 117,543 (2,778) (2,778) 0 0 IFRS
194 Jacques-Cartier and Champlain Bridges Inc. Consolidated Q2 ending on 502,352 115,287 387,065 113,786 2,116 115,902 77,385 38,516 38,516 0 0 IFRS
197 Laurentian Pilotage Authority Enterprise Q2 ending on 33,899 12,133 21,766 0 37,644 37,644 37,746 (102) (102) 0 0 IFRS
202 Marine Atlantic Inc. Consolidated Q2 ending on 351,815 89,111 262,704 53,404 66,905 120,309 124,807 (4,498) (4,498) 0 0 IFRS
217 National Arts Centre Corporation Consolidated Q2 ending on 68,904 71,005 (2,101) 19,031 16,518 35,549 36,430 (881) (881) 0 0 PSAS-GNFPO
219 National Capital Commission Consolidated Q2 ending on 794,903 137,153 657,750 44,183 16,084 60,267 66,066 (5,799) (5,799) 0 0 IFRS
224 National Gallery of Canada Consolidated Q2 ending on 119,456 110,294 9,162 24,552 3,834 28,386 27,019 1,367 1,367 0 0 PSAS
226 Canada Science & Technology Museums Corp. Consolidated Q2 ending on 76,594 63,382 13,212 15,139 4,409 19,548 18,368 1,180 1,180 4,533 0 PSAS-GNFPO
261 Pacific Pilotage Authority Enterprise Q2 ending on 31,932 11,848 20,084 0 36,678 36,678 38,482 (1,804) (1,804) 0 0 IFRS
272 PPP Canada Consolidated Q2 ending on 1,430,649 1,423,014 7,635 5,900 1,080 6,980 5,706 1,274 1,274 0 0 IFRS
292 Ridley Terminals Inc. Enterprise Q2 ending on 398,444 125,574 272,870 0 45,524 45,524 30,233 15,291 12,544 36,879 0 IFRS
294 Royal Canadian Mint Enterprise Q2 ending on 460,106 141,015 319,091 0 1,239,382 1,239,382 1,204,477 26,179 25,904 49,482 10,000 IFRS
312 Standards Council of Canada Consolidated Q2 ending on 9,171 3,498 5,673 5,865 3,908 9,773 9,345 428 428 0 0 IFRS
315 Telefilm Canada Consolidated Q2 ending on 66,750 44,446 22,304 50,825 10,879 61,704 59,656 2,048 2,048 0 0 IFRS
334 VIA Rail Canada Inc. Consolidated Q2 ending on 1,318,902 1,459,616 (140,714) 198,090 127,527 325,617 303,732 21,560 (41,296) 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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