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Section III: Supplementary information

Financial Highlights

The financial highlights presented within this Departmental Performance Report 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.

($ thousands)

Condensed Statement of Financial Position At End of Year (March 31, 2010)	% Change	2010	2009*
Assets
Total Assets	-2%	2,991,615	3,048,320
Total	-2%	2,991,615	3,048,320
Liabilities
Total Liabilities	1%	2,830,882	2,795,844
Equity OF CANADA
Total Equity	-36%	160,733	252,476
Total	-2%	2,991,615	3,048,320

($ thousands)

Condensed Statement of Financial Operations At End of Year (March 31, 2010)	% Change	2010	2009
Expenses
Total Expenses	-11%	2,424,027	2,733,858
Revenues
Total Revenues	-55%	141,255	311,150
Net Cost of Operations	-6%	2,282,772	2,422,708

* Balances for 2009 have been adjusted from those presented in the 2008-09 DPR to conform to the revised Treasury Board accounting standard for departmental financial statements.

Departmental assets include accounts receivable for repayable contributions and capital assets supporting primarily the research activities of the Department that contributed to the strengthening of innovation capacity within the sector in 2009-10. Liabilities consist primarily of accounts payable and accrued liabilities at year end, the majority of which are related to accruals in support of programs such as the AgriInvest and AgriStability programs that were delivered in 2009-10.

Expenses incurred and revenues earned, which supported AAFC's programs and services that benefited Canadians during 2009-10, are detailed in the following chart:

[D]

Total expenses for the Department were $2,424 million in 2009-10. The majority of funds, $1,278 million or 52.7%, were spent in the Business Risk Management Program Activities. Science, Innovation and Adoption and Internal services represented another $678 million or 28%. The Program Activities are discussed in Section II of this report.

List of Supplementary Information Tables

All electronic supplementary information tables listed below can be found on the Treasury Board of Canada Secretariat's website.

• Sources of Respendable and Non-Respendable Revenue
• User Fees Reporting
• Status Report on Projects Operating with Specific Treasury Board Approval
• Status Report on Major Crown/Transformational Projects
• Details on Transfer Payment Programs
• Up-Front Multi-Year Funding
• Horizontal Initiatives
• Green Procurement
• Response to Parliamentary Committees and External Audits
• Internal Audits and Evaluations

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