The future-oriented condensed statement of operations provides a general overview of Statistics Canada's operations. The forecast of financial information on expenses and revenues is prepared on an accrual accounting basis to strengthen accountability and to improve transparency and financial management.
Because the future-oriented condensed statement of operations is prepared on an accrual accounting basis, and the forecast and planned spending amounts presented in other sections of the Report on Plans and Priorities are prepared on an expenditure basis, amounts differ.
A more detailed future-oriented statement of operations and associated notes, including a reconciliation of the net costs of operations to the requested authorities, can be found on Statistics Canada's website.
|Financial information||Estimated Results 2014/2015||Planned Results 2015/2016||Change|
|Net cost of operations||520,615,576||609,819,741||89,204,165|
The increase in planned expenses for 2015/2016 is explained mainly by funding received for the 2016 Census of Population Program and the Census of Agriculture Program.
The difference between the Main Estimates amounts (Section 1) and these Future-oriented Condensed Statement of Operations planned results is mainly caused by the inclusion of accrual entries, such as services provided without charge to Statistics Canada by other organizations, and forecasts related to carry forward, refundable salaries and amortization entries.