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Section 3: Supplementary Information
3.1.1. Financial Highlights
($ millions)| Condensed Statement of Financial Position At End of Year (March 31) |
% Change | 2009 | 2008 |
|---|---|---|---|
| ASSETS | |||
| Total Assets | +21 % | 4,874 | 4,026 |
| TOTAL | +21 % | 4,874 | 4,026 |
| LIABILITIES | |||
| Total Liabilities | +6 % | 525 | 495 |
| EQUITY | |||
| Total Equity | +23 % | 4,349 | 3,531 |
| TOTAL | +21 % | 4,874 | 4,026 |
($ millions)
| Condensed Statement of Financial Position At End of Year (March 31) |
% Change | 2009 | 2008 |
|---|---|---|---|
| EXPENSES | |||
| Total Expenses | +26 % | 3,129 | 2,474 |
| REVENUES | |||
| Total Revenues | +43 % | 1,208 | 847 |
| NET COST OF OPERATIONS | +18 % | 1,921 | 1,627 |
The purpose of this section is to explain the department's financial highlights during the 2008-2009 fiscal year, based on the department's consolidated financial statements. The charts below illustrate the ending balances, as of March 31, for each major financial statement grouping, along with the corresponding change from the previous fiscal year. In summary, between 2007-2008 and 2008-2009, the department's expenses increased by 26 percent and its assets increased by 21 percent. Below the chart are explanations for the variances in each major grouping based on the most significant factors that affected each grouping during the fiscal year.
The year-over-year increase of $848 million or 21 percent in total assets is primarily attributable to a $350 million increase in DFAIT's investment in Export Development Canada (total Crown Corporation investment was $1,341 million in 2008-2009, compared with $991 million in 2007-2008); a $350 million increase in Canada Account loans, mainly due to foreign exchange revaluations; an increase in accounts receivable and advances of $94 million; and an increase in DFAIT's prepaid expenses of $38 million. In addition, tangible capital assets had a net increase of $8 million (gross value increased by $90 million). Various non-capital assets accounted for the remaining year-over-year increase.
The year-over-year increase of $30 million or 6 percent in total liabilities was mainly due to a $21 million increase in accounts payable and accrued liabilities, caused by an increase in transaction volume, increased year-end workload and an increase in payables related to legal and travel expenditures and a $9 million increase in employee severance benefits, mostly due to an increase in the percentage rate provided by Treasury Board and the Office of the Comptroller General, which is used to calculate the liability.
The year-over-year increase of $818 million or 23 percent in departmental equity to $4,349 million in 2008-2009 from $3,531 million in 2007-2008 is calculated by subtracting the net change in operations of $1,921 million from the opening balance and by adding the net cash provided of $2,646 million plus the $93 million in services provided without charge by other government departments. For more information, refer to the Financial Statement's Statement of Equity and Note 3 Parliamentary Appropriations.
The year-over-year increase of $655 million or 26 percent in total expenses was attributable to a $620 million change in the provision for loans and guarantees related to the Canada Account; a $161 million increase in salaries and employee benefits, which was mainly due to the addition of FTEs; a $71 million increase in bad debt expense, mainly related to the Canada Account; a $54 million increase in professional and special services; a $34 million increase in transfer payments; a $25 million increase in rental expenses, mainly related to lands and buildings abroad; a $18 million increase in transportation and telecommunications; a $12 million increase in information expenses; a $5 million increase in the cost of utilities, materials and supplies; and a $344 million decrease in foreign exchange loss (the department recorded a net gain in 2008-2009).
The year-over-year increase of $361 million or 43 percent in total revenues was primarily attributable to a $603 million increase in gains on foreign exchange revaluations at year end, which stemmed from the revaluation of EDC's Canada Account loans at that time. Interest on non-tax revenues increased by $65 million, mainly due to increased revenues related to Canada Account loans; a $250 million decrease in dividend revenue from EDC; a $33 million decrease in gains on the sale of real property sold abroad; and a $23 million drop in the sale of goods and services, due to a decline in the number of passports issued by Passport Canada.
Additional Analysis
Assets
The department's total assets were $4,874 million in 2008-2009 compared with $4,026 million in 2007-08, an increase of 21 percent or $848 million. The department's total financial assets were $3,636 million or 75 percent of total assets, while the total non-financial assets were $1,238 million or 25 percent of total assets. Total assets consisted primarily of $2,067 million or 42 percent in Canada Account loans; investments in Crown corporations of $1,341 million or 28 percent; tangible capital assets of $1,177 million or 24 percent; accounts receivable and advances of $219 million or 5 percent; and prepaid expenses of $54 million or 1 percent.
Liabilities
Total liabilities were $525 million in 2008-2009 compared with $495 million in 2007-2008, an increase of $30 million or 6 percent. Accounts payable and accrued liabilities accounted for $360 million or 68 percent; employee severance benefits amounted to $120 million or 23 percent; and vacation pay and compensatory leave totaled $45 million or 9 percent.
Expenses
The department's expenses in 2008-2009 were $3,129 million compared with $2,474 million in 2007-2008, which represents an increase of $655 million or 26 percent. In 2008-2009, salaries and benefits accounted for $1,085 million or 34 percent of DFAIT's total operating expenditures. Transfer payments accounted for $775 million or 25 percent of the department's total expenses. This included $399 million in payments to the United Nations and related organizations; $366 million in payments to other non-profit organizations; $91 million in payments to national non-profit organizations; and $19 million in other payments. The remainder of total operating expenses was accounted for by for loans and guarantees of $287 million or 9 percent; professional and special services expenses of $249 million or 8 percent; rentals expenses of $207 million or 7 percent; transportation and telecommunications expenses of $195 million or 6 percent; and other miscellaneous operating expenses of $331 million, or 11 percent.
Revenues
The department's total revenues were $1,208 million in 2008-2009, compared with $847 million in 2007-2008, which represents an increase of $361 million or 43 percent. Foreign exchange gains accounted for $603 million or 49 percent of total revenues. These gains primarily arose from the revaluation of Canada Account loans in foreign currencies (71% of the portfolio). Sales of goods and services accounted for $409 million or 34 percent, chiefly of passport sales of $263 million and consular fees of $93 million. Interest on non-tax revenues accounted for $142 million or 12 percent, while other miscellaneous revenue accounted for the remainder $54 million or 5 percent.
Financial Statements
www.international.gc.ca/finance/
3.1.2. Listing of Online Information
Listing of Information to Be Placed Online
Please note that the following tables are not published in the print version of the Departmental Performance Report for 2008-2009. They can be viewed on the Treasury Board Secretariat's website at www.tbs-sct.gc.ca/dpr-rmr/st-ts-eng.asp.
Table 1: Sources of Respendable and Non-Respendable Revenue
Table 2: User Fees/External Fees
- Table 2.1-A: User Fees Act-Access to Information
- Table 2.1-B: Policy on Service Standards for External Fees-Access to Information
- Table 2.2-A: User Fees Act-International Youth Program
- Table 2.2-B: Policy on Service Standards for External Fees-International Youth Program
- Table 2.3-A: User Fees Act-Export/Import Fees
- Table 2.3-B: Policy on Service Standards for External Fees-Export/Import Fees
- Table 2.4-A: User Fees Act-Consular Service
- Table 2.4-B: Policy on Service Standards for External Fees-Consular Service
- Table 2.5-A: User Fees Act-Specialized Consular Service
- Table 2.5-B: Policy on Service Standards for External Fees-Specialized Consular Service
- Table 2.6-A: User Fees Act-Passport Canada
- Table 2.6-B: Policy on Service Standards for External Fees-Passport Canada Revolving Fund
Table 3: Details on Transfer Payment Programs
Program Activity: Diplomacy and Advocacy
- Table 3.1: An Act to Authorize the Minister of Finance to Make Certain Payments, 2005 and Budget Implementation Act, 2007
- Table 3.2: Commonwealth Secretariat
- Table 3.3: Food and Agriculture Organization of the United Nations (FAO)
- Table 3.4: Global Peace and Security Fund (GPSF)
- Table 3.5: Grants in Aid of Academic Relations
- Table 3.6: Initiatives Related to the Destruction, Disposition and Securing of Weapons of Mass Destruction
- Table 3.7: International Atomic Energy Agency (IAEA)
- Table 3.8: International Criminal Court (ICC)
- Table 3.9: International Labour Organisation (ILO)
- Table 3.10: International Organization of the Francophonie (OIF)
- Table 3.11: North Atlantic Treaty Organization (NATO) Civil Administration
- Table 3.12: Organisation for Economic Co-operation and Development (OECD)
- Table 3.13: Organization for Security and Co-operation in Europe (OSCE)
- Table 3.14: Organization of American States (OAS)
- Table 3.15: Payments in Lieu of Taxes on Diplomatic, Consular and International Organizations' Property in Canada
- Table 3.16: Projects and Development Activities Resulting from Francophonie Summits
- Table 3.17: United Nations Educational, Scientific and Cultural Organization (UNESCO)
- Table 3.18: United Nations Organization (UN)
- Table 3.19: United Nations Peacekeeping Operations
- Table 3.20: World Health Organization (WHO)
- Table 3.21: World Trade Organization (WTO)
Table 4: Up-Front Multi-Year Funding (formerly the Foundations [Conditional Grants] table)
Program Activity: Diplomacy and Advocacy
- Table 4.1: Asia Pacific Foundation of Canada
- Table 4.2: Centre for International Governance Innovation (CIGI)
- Table 4.3: Forum of Federations
Table 5: Horizontal Initiative - Global Peace and Security Fund (GPSF)
Table 6: Sustainable Development Strategy (SDS)
Table 7: Green Procurement
Table 8: Responses to Parliamentary Committees, External Audits and the Auditor General
- Table 8.1: Responses to Parliamentary Committees
- Table 8.2: External Audits
- Table 8.3: Responses to the Auditor General
Table 9: Internal Audits, Evaluations and Mission Inspections
- Table 9.1: Internal Audits
- Table 9.2: Evaluations
- Table 9.3: Mission Inspections
3.1.3. Contact Information
Department of Foreign Affairs and International Trade
| Telephone: | 1-800-267-8376 toll free in Canada | Address: | Enquiries Services (BCI) |
| 613-944-4000 in the National Capital | Department of Foreign Affairs and | ||
| Region and outside Canada | International Trade | ||
| TTY: | 613-944-9136 | 125 Sussex Drive | |
| Fax: | 613-996-9709 | Ottawa, ON K1A 0G2 | |
| Web: | www.international.gc.ca | Email: | enqserv@international.gc.ca |
| Media Services: | 613-995-1874 | ||
| Fax: | 613-995-1405 |
Organizations Related to the Department
| Canadian Commercial Corporation | |
| Address: | 1100 - 50 O'Connor Street |
| Ottawa, ON K1A 0S6 | |
| Tel: | 1-800-748-8191 toll free in Canada or 613-996-0034 in the National Capital Region and outside Canada |
| Fax: | 613-995-2121 |
| Web: | www.ccc.ca |
| Canadian International Development Agency | |
| Address: | 200 Promenade du Portage |
| Gatineau, QC K1A 0G4 | |
| Tel: | 1-800-230-6349 toll free in Canada or 819-997-5006 in the National Capital Region and outside Canada |
| Fax: | 819-953-6088 |
| Web: | www.acdi-cida.gc.ca |
| Export Development Canada | |
| Address: | 151 O'Connor Street |
| Ottawa, ON K1A 1K3 | |
| Tel: | 613-598-2500 |
| Fax: | 613-237-2690 |
| TTY: | 1-866-574-0451 |
| Web: | www.edc.ca |
| International Development Research Centre | |
| Address: | 150 Kent Street |
| Ottawa, ON K1P 0V2 | |
| Postal Address: | P.O. Box 8500 |
| Ottawa, ON K1G 3H9 | |
| Tel: | 613-236-6163 |
| Fax: | 613-238-7230 |
| Web: | www.idrc.ca |
| International Joint Commission | |
| Address: | Canadian Sector |
| 234 Laurier Avenue West | |
| 22nd Floor | |
| Ottawa, ON K1P 6K6 | |
| Tel: | 613-947-1420 |
| Reception: | 613-995-2984 |
| Fax: | 613-993-5583 |
| Web: | www.ijc.org |
| North American Free Trade Agreement | |
| Address: | Canadian Section |
| 90 Sparks Street | |
| Suite 705 | |
| Ottawa, ON K1P 5B4 | |
| Tel: | 613-992-9388 |
| Fax: | 613-992-9392 |
| Web: | |
| Passport Canada | |
| Address: | Passport Canada, Foreign Affairs and International Trade Canada |
| Gatineau, QC K1A 0G3 | |
| Tel: | 1-800-567-6868 toll free in Canada and the United States |
| TTY: | 819-997-8338 or 1-866-255-7655 |
| Web: | www.ppt.gc.ca |
| Rights & Democracy: International Centre for Human Rights and Democratic Development | |
| Address: | 1001 de Maisonneuve Boulevard East |
| Suite 1100 | |
| Montreal, QC H2L 4P9 | |
| Tel: | 514-283-6073 or 1-877-736-3833 |
| Fax: | 514-283-3792 |
| Web: | www.ichrdd.ca |