ARCHIVED - Agriculture and Agri-Food Canada

• Previous Page
• Table of Contents
•  

This page has been archived.

Section III: Supplementary Information

Financial Highlights

The financial highlights presented within this DPR are intended to serve as a general overview of AAFC’s financial position and operations. More detailed information is provided in the department’s financial statements, which can be found on AAFC’s website.

($ thousands)

Condensed Statement of Financial Position At End of Year (March 31, 2009)	% Change	2009	2008
Assets
Total Assets	3%	2,330,959	2,258,837
Total	3%	2,330,959	2,258,837
Liabilities
Total Liabilities	-2%	2,795,844	2,859,769
Equity OF CANADA
Total Equity	-23%	(464,885)	(600,932)
Total	3%	2,330,959	2,258,837

($ thousands)

Condensed Statement of Operations At End of Year (March 31, 2009)	% Change	2009	2008
Expenses
Total Expenses	-13%	2,733,858	3,124,360
Revenues
Total Revenues	101%	336,762	167,741
Net Cost of Operations	-19%	2,397,096	2,956,619

Departmental assets include capital assets supporting primarily the research activities of the department that contributed to the strengthening of innovation capacity within the sector in 2008-09. Liabilities consist primarily of accounts payable and accrued liabilities at year end, the majority of which are related to accruals in support of grants and contribution programs such as the AgriStability program that was delivered in 2008-09. Expenses incurred and revenues earned supported AAFC’s programs and services that benefited Canadians during 2008-09 are detailed in the following chart:

Total expenses for the department were $2,734 million in 2008-09. The majority of funds, $1,404 million or 51 per cent, were spent in the Business Risk Management program activities. Innovation and Renewal and Environment program activities represented another $1,080 million or 40 per cent.

List of Supplementary Information Tables

The following electronic tables are located on the Treasury Board of Canada Secretariat's website.

• Sources of Respendable and Non-Respendable Revenue
• User Fees / External Fees
• Details on Project Spending
• Status Report on Major Crown Projects
• Details on Transfer Payment Programs (TPPs)
• Up-Front Multi-Year Funding (Formerly the Foundations [Conditional Grants] table)
• Horizontal Initiatives
• Sustainable Development Strategy
• Green Procurement
• Response to Parliamentary Committees and External Audits
• Internal Audits and Evaluations
• Canadian Pari-Mutuel Agency Revolving Fund

• Previous Page
• Table of Contents
•