This page has been archived.
Information identified as archived on the Web is for reference, research or recordkeeping purposes. It has not been altered or updated after the date of archiving. Web pages that are archived on the Web are not subject to the Government of Canada Web Standards. As per the Communications Policy of the Government of Canada, you can request alternate formats on the "Contact Us" page.
The financial highlights presented within this DPR are intended to serve as a general overview of the Commission’s financial position and operations. The Commission financial statements can be found on its website at: http://www.mpcc-cppm.gc.ca/300/300-eng.aspx
In examining the financial position and operations of the Commission, the most notable change over the previous year is the increase in financial activity due to the additional funding received for the public interest hearing. Traditionally, the Commission is authorized to spend approximately $3.4 million, spends approximately $2.9 million and returns approximately $500 thousand to the Consolidated Revenue Fund.
In 2009-10, the Commission was authorized to spend $6.99 million, spent $4.68 million and returned $2.31 million to the Consolidated Revenue Fund. The increases are due almost entirely to the public interest hearing. The supplementary funding received for the public interest hearing was $3.22 million of which $1.4 million was expended.
The tables below illustrate the increases over the previous year.
For the Period ending March 31, 2010.
Condensed Statement of Financial Position
($ thousands) | Percentage variance | 2010 | 2009 | |
---|---|---|---|---|
Assets | Total Assets | 38% | 248 | 180 |
Liabilities | Total Liabilities | 28% | 1,052 | 824 |
Equity | Total Equity | (25)% | (804) | (644) |
Total | 38% | 248 | 180 |
For the period ending March 31, 2010.
Condensed Statement of Financial Operations
($ thousands) | Percentage variance | 2010 | 2009 | |
---|---|---|---|---|
Expenses | Total Expenses | 15% | 4,676 | 4,072 |
Revenues | Total Revenues | - | - | - |
Net Costs Of Operations | 15% | 4,676 | 4,072 |
The following organizational chart represents the Commission in relation to the restructuring of its program activities.