Section III: Supplementary Information
Financial Statement Highlights
Financial Statements
| 2014–15
Planned Results |
2014–15
Actual |
2013–14
Actual |
Difference
(2014–15 actual minus 2014–15 planned) |
Difference
(2014–15 actual minus 2013–14 actual) |
|
|---|---|---|---|---|---|
| Total expenses | 1,774,097 | 1,765,590 | 1,530,246 | (8,507) | 235,344 |
| Total revenues | 86,917 | 89,385 | 87,892 | 2,468 | 1,493 |
| Net cost of operations before government funding and transfers | 1,687,180 | 1,676,205 | 1,449,110 | (10,975) | 227,095 |
| Departmental net financial position | n/a | 1,351,486 | 1,357,604 | n/a | (6,118) |
| 2014–15 | 2013–14 | Difference
(2014–15 minus 2013–14) |
|
|---|---|---|---|
| Total net liabilities | 1,883,043 | 1,637,335 | 245,708 |
| Total net financial assets | 976,643 | 716,708 | 259,935 |
| Departmental net debt | 906,400 | 920,627 | (14,227) |
| Total non-financial assets | 2,257,886 | 2,278,231 | (20,345) |
| Departmental net financial position | 1,351,486 | 1,357,604 | (6,118) |
Transport Canada’s financial reports are available on our websiteEndnote.
Supplementary Information Tables
The supplementary information tables listed in the 2014–15 Departmental Performance Report can be found on Transport Canada’s websiteEndnote.
- Departmental Sustainable Development Strategy
- Details on Transfer Payment Programs of $5 Million or more
- Horizontal Initiatives
- Internal Audits and Evaluations
- Response to Parliamentary Committees and External Audits
- Status Report on Projects Operating With Specific Treasury Board Approval
- Status Report on Transformational and Major Crown Projects
- User-Fees, Regulatory Charges and External Fees
Tax Expenditures and Evaluations
The tax system can help achieve public policy objectives by applying special measures such as low tax rates, exemptions, deductions, deferrals and credits. The Department of Finance Canada publishes cost estimates and projections for these measures annually in the Tax Expenditures and Evaluations publication. The tax measures presented in the Tax Expenditures and EvaluationsEndnote publication are the sole responsibility of the Minister of Finance.