Department of National Defence - Departmental Performance Report 2013-14

SECTION III: SUPPLEMENTARY INFORMATION

Financial Statement Highlights

The financial information presented within this report is intended to serve as a general overview of Defence’s financial position and operations.

Department of National Defence
Condensed Statement of Operations and Departmental Net Financial Position (unaudited)
For the Year Ended March 31, 2014
(dollars)
 2013-14
Planned
Results
(restated)
2013-14
Actual
2012-13
Actual
(restated)
Difference (2013-14 actual minus 2013-14 planned)Difference (2013-14 actual minus 2012-13 actual)
Total expenses 19,091,259,000 18,373,422,909 21,003,968,794 (717,836,091) (2,630,545,885)
Total revenues 462,500,000 463,298,848 470,673,421 798,848 (7,374,573)
Net cost of operations before government funding and transfers 18,647,187,000 17,910,124,061 20,550,999,373 (737,062,939) (2,640,875,312)
Departmental net financial position 38,387,698,000 37,561,868,603 35,556,040,502 (825,829,397) 2,005,828,101

Source: Assistant Deputy Minister (Finance and Corporate Services) Group

Department of National Defence
Condensed Statement of Financial Position (unaudited)
For the Year Ended March 31, 2014
(dollars)
 2013-142012-13
(restated)
Difference (2013-14 minus 2012-13)
Total net liabilities 51,483,156,265 52,973,641,306 (1,490,485,041)
Total net financial assets 49,748,693,631 49,806,383,491 (57,689,860)
Departmental net debt 1,734,462,634 3,167,257,815 (1,432,795,181)
Total non-financial assets 39,296,331,237 38,723,298,317 573,032,920
Departmental net financial position 37,561,868,603 35,556,040,502 2,005,828,101

Source: Assistant Deputy Minister (Finance and Corporate Services) Group

Financial Statements

The Department’s financial statements 83 can be found on the National Defence website.

Supplementary Information Tables

All supplementary information tables listed in the 2013-14 Departmental Performance Report can be found on the Defence website 84.

Tax Expenditures and Evaluations

The tax system can be used to achieve public policy objectives through the application of 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 92 publication. The tax measures presented in the Tax Expenditures and Evaluations publication are the sole responsibility of the Minister of Finance.