Consolidated Financial Information for Crown Corporations (Third 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 Q3 ending on 14,907 7,455 7,452 0 16,489 16,489 16,885 (396) (396) 4,737 0 IFRS
14 Atomic Energy of Canada Limited Consolidated Q3 ending on 1,011,262 9,799,405 (8,788,143) 217,499 275,089 492,588 1,767,437 (1,274,849) (1,274,849) 0 0 IFRS
15 Bank of Canada Enterprise Q3 ending on 93,284,700 92,838,700 446,000 0 1,359,800 1,359,800 509,800 850,000 748,800 0 653,700 IFRS
20 Business Development Bank of Canada Enterprise Q3 ending on 20,678,670 16,070,343 4,608,327 0 884,657 884,657 510,625 374,032 287,346 15,728,924 54,613 IFRS
29 Canada Council for the Arts Consolidated Q3 ending on 375,756 83,408 292,348 157,631 10,089 167,720 149,246 18,474 18,474 0 0 PSAS
30 Canada Deposit Insurance Corporation Enterprise Q3 ending on 3,067,532 1,336,059 1,731,473 0 242,754 242,754 79,527 162,944 162,944 0 0 IFRS
31 Canada Development Investment Corporation Enterprise Q3 ending on 4,860,081 132,580 4,727,501 0 364,019 364,019 66,309 254,748 (590,944) 0 230,276 IFRS
40 Canada Lands Company Limited Enterprise Q3 ending on 829,867 399,370 430,497 0 132,835 132,835 116,113 11,585 11,585 337,546 10,000 IFRS
42 Canada Mortgage and Housing Corporation Enterprise Q3 ending on 246,557,000 228,933,000 17,624,000 1,512,000 6,921,000 8,433,000 6,125,000 1,747,000 1,786,000 219,228,000 0 IFRS
43 Canada Pension Plan Investment Board N/A  Q3 ending on 289,580,000 50,792,000 238,788,000 0 19,696,000 19,696,000 1,439,000 18,257,000 18,257,000 0 0 IFRS
44 Canada Post Corporation Enterprise Q3 ending on 7,204,000 9,024,000 (1,820,000) 0 5,773,000 5,773,000 5,689,000 61,000 (1,455,000) 1,115,000 0 IFRS
51 Canadian  Air Transport Security Authority Consolidated Q3 ending on 399,940 414,357 (14,417) 428,860 734 429,594 434,881 (5,287) (5,287) 0 0 IFRS
53 Canadian Broadcasting Corporation Consolidated Q3 ending on 1,703,229 1,470,294 232,935 641,237 528,407 1,169,644 1,262,372 (92,728) (3,475) 375,461 0 IFRS
58 Canadian Commercial Corporation Consolidated Q3 ending on 3,512,132 3,491,140 20,992 11,034 2,024,676 2,035,710 2,027,227 8,483 8,483 0 0 IFRS
61 Canadian Dairy Commission Consolidated Q3 ending on 66,704 36,520 30,184 2,658 198,739 201,397 179,284 22,113 22,113 26,446 0 IFRS 
81 Canadian Museum for Human Rights Consolidated Q3 ending on 357,424 347,631 9,793 21,640 5,095 26,735 26,681 54 54 0 0 PSAS-GNFPO
82 Canadian Museum of History Consolidated Q3 ending on 308,561 245,660 62,901 53,119 13,059 66,178 67,101 (923) (923) 0 0 PSAS-GNFPO
84 Canadian Museum of Immigration at Pier 21 Consolidated Q3 ending on 33,925 23,143 10,782 7,545 2,245 9,790 8,614 1,176 1,176 0 0 PSAS-GNFPO
85 Canadian Museum of Nature Consolidated Q3 ending on 200,995 210,712 (9,717) 24,893 6,106 30,999 30,275 724 724 0 0 PSAS-GNFPO
92 Canadian Race Relations Foundation Consolidated Q3 ending on 27,382 160 27,222 0 1,131 1,131 823 308 308 0 0 PSAS-GNFPO
97 Destination Canada Consolidated Q3 ending on 25,289 10,737 14,552 43,437 7,327 50,764 43,064 7,700 7,700 0 0 PSAS
119 Defence Construction (1951) Limited Consolidated Q3 ending on 59,641 24,732 34,909 0 61,023 61,023 62,954 (1,931) (1,931) 0 0 IFRS
146 Export Development Canada Enterprise Q3 ending on 46,090,000 38,124,000 7,966,000 0 1,201,000 1,201,000 398,000 803,000 724,000 35,776,000 1,129,000 IFRS
147 Farm Credit Canada Enterprise Q3 ending on 28,574,914 23,900,490 4,674,424 0 923,030 923,030 459,899 463,131 458,178 23,746,372 0 IFRS
148 Federal Bridge Corporation Limited, The Consolidated Q3 ending on 114,417 26,793 87,624 10,168 9,810 19,978 13,593 6,385 6,385 4,681 0 PSAS
157 Freshwater Fish Marketing Corporation Enterprise Q3 ending on 48,726 39,297 9,429 0 53,532 53,532 51,873 1,244 1,244 27,595 0 IFRS
163 Great Lakes Pilotage Authority Enterprise Q3 ending on 7,914 8,370 (456) 0 15,820 15,820 14,512 1,308 1,308 0 0 IFRS
186 International Development Research Centre Consolidated Q3 ending on 68,041 51,577 16,464 136,584 48,120 184,704 184,839 (135) (135) 0 0 IFRS
194 Jacques-Cartier and Champlain Bridges Inc. Consolidated Q3 ending on 520,383 126,026 394,357 194,288 3,181 197,469 151,661 45,807 45,807 0 0 PSAS
197 Laurentian Pilotage Authority Enterprise Q3 ending on 34,754 11,901 22,853 0 59,825 59,825 58,840 985 985 0 0 IFRS
202 Marine Atlantic Inc. Consolidated Q3 ending on 341,247 97,089 244,158 76,988 89,870 166,858 182,488 (15,630) (15,630) 0 0 PSAS
217 National Arts Centre Corporation Consolidated Q3 ending on 70,847 72,812 (1,965) 29,901 26,425 56,326 57,071 (745) (745) 0 0 PSAS-GNFPO
219 National Capital Commission Consolidated Q3 ending on 781,843 119,570 662,273 69,433 23,651 93,084 94,360 (1,276) (1,276) 0 0 PSAS
224 National Gallery of Canada Consolidated Q3 ending on 113,629 104,101 9,528 36,983 5,572 42,555 40,822 1,733 1,733 0 0 PSAS-GNFPO
226 Canada Science & Technology Museums Corp. Consolidated Q3 ending on 74,265 61,119 13,146 22,743 5,288 28,031 26,917 1,114 1,114 4,533 0 PSAS-GNFPO
261 Pacific Pilotage Authority Enterprise Q3 ending on 30,870 10,770 20,100 0 59,405 59,405 61,193 (1,788) (1,788) 0 0 IFRS
272 PPP Canada Consolidated Q3 ending on 1,425,154 1,417,912 7,242 8,850 1,465 10,315 9,434 881 881 0 0 PSAS
292 Ridley Terminals Inc. Enterprise Q3 ending on 386,378 124,632 261,746 0 52,622 52,622 47,097 5,525 1,420 36,217 0 IFRS
294 Royal Canadian Mint Enterprise Q3 ending on 474,385 148,865 325,520 0 1,739,902 1,739,902 1,696,756 32,281 32,333 49,564 10,000 IFRS
312 Standards Council of Canada Consolidated Q3 ending on 8,342 3,458 4,884 8,797 5,638 14,435 14,796 (361) (361) 0 0 PSAS
315 Telefilm Canada Consolidated Q3 ending on 67,834 35,011 32,823 83,806 14,792 98,598 86,031 12,567 12,567 0 0 PSAS
334 VIA Rail Canada Inc. Consolidated Q3 ending on 1,311,053 1,461,341 (150,288) 282,596 209,403 491,999 460,921 30,589 (50,870) 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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