The financial highlights presented within this report are intended to serve as a general overview of Statistics Canada's financial position and operations and should be read in conjunction with the 2014/2015 Departmental Financial Statements.
| 2014/2015 Planned Results | 2014/2015 Actual | 2013/2014 Actual | Difference (2014/2015 actual minus 2014/2015 planned) | Difference (2014/2015 actual minus 2013/2014 actual) | |
|---|---|---|---|---|---|
| dollars | |||||
| Note: Totals may differ within and between tables because of rounding. | |||||
| Total expenses | 567,628,727 | 608,841,186 | 600,687,024 | 41,212,459 | 8,154,162 |
| Total revenues | 89,455,450 | 84,770,468 | 90,908,605 | (4,684,982) | (6,138,137) |
| Net cost of operations before government funding and transfers | 478,173,277 | 524,070,718 | 509,778,419 | 45,897,441 | 14,292,299 |
The net cost of operations before government funding and transfers was $524.1 million, an increase of $14.3 million (2.8%) from $509.8 million in 2013/2014. The increase is mostly due to higher salary expenditures and a reduction in revenue related to the 2011 Census of Population.
The difference between planned and actual costs for 2014/2015 is $45.9 million (9.6%). This increase is mainly due to expenses incurred for the 2016 Census of Population Program and the Census of Agriculture Program, which were approved after the publication of the planned results.
For more information on the distribution of the expenses by program and type, please see the two charts below.
Description for pie chart - Gross expenditures by program activity
This pie chart shows the percentage distribution of Statistics Canada's gross expenditures by program activity:
- Economic and Environmental Statistics, 24.5%
- Statistical Infrastructure, 21.8%
- Socio-economic Statistics, 18.1%
- Cost-recovered Statistical Services, 13.4%
- Censuses, 12.5%
- Internal Services, 9.7%
Total expenses, including respendable revenue and services provided without charge by other government departments, were $608.8 million in 2014/2015. These expenses were for the following programs and services: Economic and Environmental Statistics Program, $149.3 million (24.5%); Statistical Infrastructure Program, $132.9 million (21.8%); Socio-economic Statistics Program, $110.3 million (18.1%); Cost-recovered Statistical Services, $81.2 million (13.4%); Censuses, $76.1 million (12.5%); and Internal Services, $59.0 million (9.7%).
Description for pie chart - Gross expenditures by type
This pie chart shows the percentage distribution of Statistics Canada's gross expenditures by type:
- Salaries and employee benefits, 79.9%
- Accommodations, 6.2%
- Professional services, 4.2%
- Amortization, 4.0%
- Other, 3.3%
- Transportation and postage, 2.4%
Statistics Canada spent $608.8 million in 2014/2015. The expenses are composed of the following: salaries and employee benefits, $486.4 million (79.9%); accommodations, $37.9 million (6.2%); amortization, $24.3 million (4.0%); professional services, $25.7 million (4.2%); transportation and postage, $14.3 million (2.4%); and other expenses, $20.2 million (3.3%).
| 2014/2015 | 2013/2014 | Difference (2014/2015 minus 2013/2014) | |
|---|---|---|---|
| dollars | |||
| Note: Totals may differ within and between tables because of rounding. | |||
| Total net liabilities | 107,568,254 | 82,994,542 | 24,573,712 |
| Total net financial assets | 55,310,848 | 39,541,306 | 15,769,542 |
| Departmental net debt | 52,257,406 | 43,453,236 | 8,804,170 |
| Total non-financial assets | 145,833,856 | 136,658,898 | 9,174,958 |
| Departmental net financial position | 93,576,450 | 93,205,662 | 370,788 |
The Government of Canada implemented salary payments in arrears in 2014/2015. As a result, the net liabilities increased by $13.8 million for the additional accrued salaries and wages for the arrears period. This increase is also reflected in the net financial assets, as the amount due from the Consolidated Revenue Fund also increased by this amount. Overall, the departmental net financial position was $93.6 million at the end of 2014/2015, in line with the 2013/2014 net financial position.
For more information on the distribution of the balances in the Statement of Financial Position, please see the two charts below.
Description for pie chart - Liabilities by type
This pie chart shows the percentage distribution of Statistics Canada's liabilities by type:
- Accounts payable and accrued liabilities, 48.8%
- Employee future benefits, 30.2%
- Vacation pay and compensatory leave, 19.5%
- Deferred revenue, 1.1%
- Lease obligation for tangible capital assets, 0.4%
Total liabilities were $107.6 million at the end of 2014/2015. Accounts payable and accrued liabilities made up the largest portion of liabilities, at $52.5 million (48.8%). This portion is composed of accounts payable to external parties ($15.2 million), accounts payable to other federal government departments and agencies ($10.5 million), and accrued salaries and wages ($26.8 million). Employee future benefits is the next largest portion, at $32.5 million (30.2%). Vacation pay and compensatory leave make up $21.0 million (19.5%). The remaining portion is composed of deferred revenue and lease obligation for tangible capital assets, at $1.6 million (1.5%).
Description for pie chart - Assets by type
This pie chart shows the percentage distribution of Statistics Canada's assets by type:
- Tangible capital assets, 68.6%
- Due from Consolidated Revenue Fund, 25.1%
- Prepaid expenses, 3.7%
- Accounts receivable and advances, 2.4%
- Consumable supplies, 0.2%
Total assets, including financial and non-financial assets, were $201.1 million at the end of 2014/2015. Tangible capital assets represent the largest portion of assets, at $138.0 million (68.6%). This portion is composed of informatics software ($67.8 million), software under development ($52.8 million), leasehold improvements ($14.3 million) and other assets ($3.1 million). The remaining portion consists of the following: amounts due from the Consolidated Revenue Fund, $50.4 million (25.1%); accounts receivable and advances, $4.9 million (2.4%); prepaid expenses, $7.5 million (3.7%); and consumable supplies, $0.3 million (0.2%).