Quarterly Financial Report—Quarter ended September 30, 2013

  1. Introduction
  2. Highlights of fiscal quarter and fiscal year-to-date (YTD) results
  3. Risks and uncertainties
  4. Significant changes in relation to operations, personnel and programs
  5. Budget 2012 Implementation

Statement Outlining Results, Risks and Significant Changes in Operations, Personnel and Programs

1. Introduction

This Quarterly Financial Report (QFR) has been prepared by management as required by section 65.1 of the Financial Administration Act, in the form and manner prescribed by the Treasury Board. This QFR should be read in conjunction with the Main Estimates and Supplementary Estimates for fiscal year 2013–14, as well as with the measures found in Budget 2012.

It excludes new funding from Budget 2013, which will only be reflected in subsequent 2013–14 QFRs.

A summary description of Industry Canada's program activities can be found in Part II of the Estimates.

Basis of presentation

The authority of Parliament is required before moneys can be spent by the Government. Approvals are given in the form of annually approved limits through appropriation acts or through legislation in the form of statutory spending authority for specific purposes. This QFR has been prepared using a special purpose financial reporting framework designed to meet financial information needs with respect to the use of spending authorities.

As part of the departmental performance reporting process, Industry Canada prepares its annual departmental financial statements on a full accrual basis in accordance with Treasury Board accounting policies, which are based on Canadian generally accepted accounting principles for the public sector. However, the spending authorities voted by Parliament remain on an expenditure basis. This QFR has therefore been prepared by management using an expenditure basis of accounting.

The accompanying Statement of Authorities includes Industry Canada's spending authorities granted by Parliament and those used by Industry Canada, consistent with the Main Estimates and Supplementary Estimates for the 2013–14 fiscal year.

As part of the Parliamentary business of supply, the Main Estimates must be tabled in Parliament on or before March 1 preceding the new fiscal year. Budget 2012 was tabled in Parliament on March 29 after the tabling of the Main Estimates on February 28, 2012. As a result, the measures announced in Budget 2012 could not be reflected in the 2012–13 Main Estimates.

In fiscal year 2012–13, frozen allotments were established by Treasury Board authority in departmental votes to prohibit the spending of funds already identified as savings measures in Budget 2012. In 2013–14, the changes to departmental authorities were reflected in the 2013–14 Main Estimates tabled in Parliament.

This QFR has not been subject to an external audit. However, it has been reviewed by the Departmental Audit Committee.

2. Highlights of fiscal quarter and fiscal year to date (YTD) results

The variances in authorities available for use and actual expenditures in 2013–14 largely relate to several significant changes over the past year: the completion of the Knowledge Infrastructure Program (KIP) in March of 2013; a one-time payment for a legal settlement in 2012–13; an increase in severance payouts between 2012–13 and 2013–14; the postponement of funding requests from quarter one to quarter three in the 2013–14 supplementary estimates; and overall decreases in funding profiles of grants and contributions programs in both years attributable to varying payment requirements.

2.1 Authorities available for use and planned expenditures

Graph 1: Comparison of Total Net Budgetary Authorities Available for Use as of September 30, 2013 and September 30, 2012

Bar graph: Comparison of Total Net Budgetary Authorities Available for Use as of September 30, 2013 and September 30, 2012(the long description is located below the image)
Description of Graph
Graph 1: Comparison of Total Net Budgetary Authorities Available for Use as of September 30, 2013 and September 30, 2012
Fiscal Year (in millions of dollars)
2013–14 1,189
2012–13 1,491

Authorities at the end of the second quarter have not changed significantly from the first quarter of this year.  The only change appeared in Vote 1 related to the transfer of Canada Business Ontario to the Federal Economic Development Agency for Southern Ontario (FedDev Ontario) for $1.5 million.

There were no changes in Vote 10, Vote 5 or in the Canadian Intellectual Property Office (CIPO) Revolving fund. The variance explanations for these from the last quarter are reproduced in the paragraphs below for ease of reference.

Comparing year to year with the same quarter ended in 2012–13, Industry Canada's total authorities available for use of $1.2 billion in 2013–14 reflects a $302.7 million decrease from the prior year, as shown in the Statement of Authorities and in Table 1: Departmental Budgetary Expenditures by Standard Object. This decrease is primarily related to the following:

  • Vote 1 – Operating Expenditures – $100.5 million decrease

And as already reported in the first quarter:

  • Vote 10 – Grants and Contributions – $122.9 million decrease
  • Statutory Grants and Contributions – $97.0 million decrease
  • Vote 5 – Capital Expenditures – $11.7 million increase
  • CIPO Revolving Fund – $6.7 million increase

Variances for each appropriation are explained in greater detail throughout this document.

2.1.1 Vote 1 – Net Operating Expenditures ($100.5 million decrease)

Graph 2: Comparison of Net Budgetary Authorities Available for Use for Vote 1 Net Operating Expenditures as of September 30, 2013 and September 30, 2012

Bar graph: Comparison of Net Budgetary Authorities Available for Use for Vote 1 Net Operating Expenditures as of September 30, 2013 and September 30, 2012 (the long description is located below the image)
Description of Graph
Graph 2: Comparison of Net Budgetary Authorities Available for Use for Vote 1 Net Operating Expenditures as of September 30, 2013 and September 30, 2012
Fiscal Year (in millions of dollars)
2013–14 303
2012–13 403

Authorities available for use in Vote 1–Net Operating Expenditures decreased by a total of $100.5 million, compared with the same quarter-end of the previous year. As reported in the previous QFR, the most significant elements contributing to this change include the postponement of access to royalties ($2.5 million) and receipts from repayable contributions ($30.8 million) from the first to the third quarter of 2013–14 and the one-time funding received in 2012–13 ($29.0 million) for the payment of a legal settlement agreement. In addition, the transfer of operating funds ($11.7 million) to the capital expenditures vote to establish capital project funding, as explained below, occurred earlier in 2013–14 than it had in 2012–13.

The operating budget carry forward was received in the second quarter last year ($20.3 million); however, it is expected to be received in the third quarter of 2013–14. The transfer of the Canada Business Network to FedDev Ontario ($1.5 million) also contributed to the decrease in Vote 1 funding.

2.1.2 Vote 10 – Grants and Contributions ($122.9 million decrease) and Statutory Grants and Contributions ($97.0 million decrease)

Graph 3: Comparison of Net Budgetary Authorities Available for Use for Vote 10 and Statutory Grants and Contributions as of September 30, 2013 and September 30, 2012

Bar graph: Comparison of Net Budgetary Authorities Available for Use for Vote 10 and Statutory Grants and Contributions as of September 30, 2013 and September 30, 2012 (the long description is located below the image)
Description of Graph
Graph 3: Comparison of Net Budgetary Authorities Available for Use for Vote 10 and Statutory Grants and Contributions as of September 30, 2013 and September 30, 2012
Fiscal Year (in millions of dollars)
2013–14 795
2012–13 1,015

As indicated in the previous QFR, the authority for Vote 10 – Grants and Contributions decreased by a total of $122.9 million compared with the same quarter last fiscal year, mainly as result of the following factors:

  • Fluctuating funding profiles of programs to match recipients' expected requirements mainly for the Canada Foundation for Innovation ($82.0 million decrease), the Automotive Innovation Fund ($67.9 million decrease), the Structured Financing Facility ($10.3 million decrease), Bombardier C-Series ($10.5 million decrease), and Broadband Canada ($4.7 million increase);
  • New funding approved through Budget 2012, such as Canada's Advanced Research and Innovation Network (CANARIE) ($20.0 million), the Canadian Institute for Advanced Research (CIFAR) ($5.0 million), Genome Canada ($21.2 million) and Mitacs for the delivery of industrial research and development internships ($7.0 million). This funding had not yet been accessed in Q2 of the 2012–13 fiscal year;
  • Postponement of a 2013–14 funding request for Youth Internships at community access sites ($9.5 million) to Supplementary Estimates B in the fall.

Statutory authorities for grants and contributions decreased by $97.0 million, primarily as a result of the completion of KIP ($52.5 million). In addition, when compared to the second quarter-end of 2012–13, funding for Genome Canada decreased by $17.5 million and projected liabilities under the Canada Small Business Financing Program decreased by $17.1 million. The $10 million funding for the Canadian Youth Business Foundation (CYBF) in 2012–13 has expired; its renewal will only be reflected in a subsequent report.

2.1.3 Vote 5 – Capital Expenditures ($11.7 million increase)

As indicated in the previous QFR, authorities available for use in Vote 5 – Capital Expenditures increased by a total of $11.7 million compared with the second quarter of the previous year. This increase is mainly related to the National Accommodation Strategy initiative ($3.1 million) and the Spectrum Application Modernization (SAM) project ($8.7 million).

2.1.4 CIPO Revolving Fund ($6.7 million increase)

As indicated in the previous QFR, this is largely due to an increase in capital expenditure funding as part of a strategy to upgrade the organization's information technology (IT) infrastructure.

2.1.5 Table 1: Departmental Budgetary Expenditures by Standard Object

The Departmental Budgetary Expenditures by Standard Object, as per Table 1 at the end of this report, show initial expenditure plans. These plans are subject to change during the fiscal year, and in particular when the Department's access to royalties and receipts from repayable contributions is included later in the fall.

The details provided above also explain the major variances in standard objects between the two years. For example, the variance in "transfer payments" is related to the changes in grants and contributions programs. The variance in "other subsidies and payments" pertains to the previous year's one-time payment for the legal settlement and the current postponement of access to royalties and receipts from repayable contributions.

2.2 Authorities used and actual expenditures

Graph 4: Comparison of Expenditures in the Second Quarter and Net Year-to-Date Expenditures as of September 30, 2013 and September 30, 2012

Bar graph: Comparison of Expenditures in the Second Quarter and Net Year-to-Date Expenditures as of September 30, 2013 and September 30, 2012 (the long description is located below the image)
Description of Graph
Graph 4: Comparison of Expenditures in the Second Quarter and Net Year-to-Date Expenditures as of September 30, 2013 and September 30, 2012 (in millions of dollars)
  2013–14 2012–13
Second quarter 297 244
Net year-to-date expenditures ending September 30 539 723

Expenditures in the second quarter of 2013–14 increased by $53.2 million compared with the same quarter last year, primarily in Grants and Contributions (Vote 10 and Statutory). In 2013–14, expenditures to date decreased by $183.7 million compared with the same period of the last fiscal year, primarily within Operating Expenditures and Grants and Contributions categories (Vote 1, Vote 10 and Statutory).

2.2.1 Vote 10–Grants and Contributions and Statutory Grants and Contributions (Second quarter: $46.7 million increase; Year to date: $167.1 million decrease)

Graph 5: Comparison of Expenditures in the Second Quarter and Net Year-to-Date Expenditures for Vote 10 and Statutory Grants and Contributions as of September 30, 2013 and September 30, 2012

Bar graph: Comparison of Expenditures in the Second Quarter and Net Year-to-Date Expenditures for Vote 10 and Statutory Grants and Contributions as of September 30, 2013 and September 30, 2012 (the long description is located below the image)
Description of Graph
Graph 5: Comparison of Expenditures in the Second Quarter and Net Year-to-Date Expenditures for Vote 10 and Statutory Grants and Contributions as of September 30, 2013 and September 30, 2012 (in millions of dollars)
  2013–14 2012–13
Second quarter 195 148
Net year-to-date expenditures ending September 30 321 488

In the second quarter of 2013–14, there was an $82.3 million net increase in Vote 10 – Grants and Contributions expenditures, compared with the same quarter in 2012–13. Details of the significant variances that occurred in two program activities are as follows:

  • Science, Technology and Innovation Capacity
    The variance between the two fiscal years for the following programs can be attributed to the timing of payments:
    • $85.3 million increase for the Canada Foundation for Innovation; the payment was made in the first quarter of 2012–13.
    • $7.0 million increase for the contribution to Mitacs; the payment was made in the fourth quarter of 2012–13.
  • Industrial Research and Development Financing
    • $8.8 million increase in the Strategic Aerospace and Defence Initiative (SADI), as a result of the timing and number of claims received by the program compared with the second quarter of 2012–13.
    • $5.1 million decrease in the Bombardier CSeries program, as a result of the timing of payments for claims received by the program.
    • $11.6 million decrease in the Technology Partnerships Canada (TPC) program, as a result of a large final payment made in the second quarter of fiscal year 2012–13.

The $35.6 million net decrease in the second quarter of 2013–14 for Statutory Grants and Contributions expenditures compared with the same quarter of last year is mostly attributable to final statutory payments made for KIP ($23.9 million decrease). In the second quarter of 2012–13, a payment of $10 million was made to the CYBF; however, no payment has been made in 2013–14 as the funding will be renewed later this year.

In 2013–14, the Vote 10 - Grants and Contributions expenditures to date decreased by $107.4 million compared with the same period of last fiscal year. Details of the significant variances that occurred in two program activities are as follows:

  • Science, Technology and Innovation Capacity
    The variance between the two fiscal years for the following programs can be attributable to the timing of payments:
    • $23.0 million increase for CANARIE; the payment was made in the third quarter of 2012–13.
    • $21.2 million increase for Genome; new funding from Budget 2012 was paid in the first quarter of this fiscal year compared to a smaller payment made in the fourth quarter of 2012–13.
    • $7.0 million increase for the contribution to Mitacs; the payment was made in the fourth quarter of fiscal year 2012–13.

In addition, there was a $163.7 million decrease for the Canadian Foundation for Innovation related to funding ending in 2012–13 ($102 million) and realignment of cash flow requirements associated with their investments.

  • Industrial Research and Development Financing
    • $10.5 million increase in the Bombardier CSeries program, as a result of projects moving ahead quicker than last fiscal year.
    • $8.7 million increase in SADI, as a result of the timing and number of claims received in the program.
    • $11.7 million decrease in the TPC program, as a result of a large final payment made in fiscal year 2012–13.

Statutory Grants and Contributions expenditures to date have decreased by $59.8 million compared with the same period last year. As with the result for the second quarter, this decrease is mostly attributable to final statutory payments made to KIP ($23.9 million decrease). The $10 million decrease for the CYBF is due to the renewal of the program; payment will be made later this fiscal year. Also included in this variance is a $22.7 million decrease for Genome Canada as the predicted cash flow required by the organization is less than what it was last fiscal year.

2.2.2 Vote 1–Net Operating Expenditures (Second quarter: $9.6 million decrease; Year to date: $26.6 million decrease)

Graph 6: Comparison of Expenditures in the Second Quarter and Net Year-to-Date Expenditures for Vote 1 as of September 30, 2013 and September 30, 2012

Bar graph: Comparison of Expenditures in the Second Quarter and Net Year-to-Date Expenditures for Vote 1 as of September 30, 2013 and September 30, 2012 (the long description is located below the image)
Description of Graph
Graph 6: Comparison of Expenditures in the Second Quarter and Net Year-to-Date Expenditures for Vote 1 as of September 30, 2013 and September 30, 2012 (in millions of dollars)
  2013–14 2012–13
Second quarter 84 93
Net year-to-date expenditures ending September 30 176 203

In the second quarter of 2013–14, there was a $9.6 million net decrease in authorities used for Vote 1 – Net Operating Expenditures. This variance is primarily the result of the following factors:

  • A $3.4 million decrease in expenditures in the "personnel" standard object reflecting, as indicated in the previous quarter, the reduction in headcount.
  • A $2.3 million decrease in machinery and equipment related to the Desktop Software Renewal project.
  • A $2.2 million decrease in professional services mainly due to a reduction in consulting services for legal cases.

The $26.6 million year to date decrease in Vote 1 - Net Operating Expenditures is primarily the result of the $29 million decrease in expenditures in the "other subsidies and payments" standard object resulting from the payment of a legal settlement in 2012–13. As previously mentioned, the reduction in headcount and increase in severance payouts in 2013–14 also account for the variance between the two fiscal years. 

2.2.3 Canadian Intellectual Property Office (CIPO) Revolving Fund (Second quarter: $16.5 million increase; Year-to-date: $6.6 million increase)

CIPO collected $33.4 million in revenues in the second quarter of 2013–14, which represents a variance of $14.3 million from 2012–13. This variance is due to a system-related issue in the first quarter of 2012–13, whereby an additional $16.6 million in revenues were recorded against the revolving fund vote in the second quarter of last year.

2.2.4 Vote 5–Capital Expenditures (Second quarter: $291,000 decrease; Year-to-date: $3.6 million increase)

There was a $3.6 million year-to-date increase in Vote 5 – Capital Expenditures compared with fiscal year 2012–13 for the following projects:

  • $2.9 million for the ongoing Spectrum Applications Modernization Project.
  • $735,000 for maintenance of the Communications Research Centre Canada (CRC) campus and equipment.
2.2.5 Table 1: Departmental Budgetary Expenditures by Standard Object: Personnel (Second quarter: $1.7 million decrease; Year-to-date $13.5 million increase)

The "personnel" standard object in Table 1: Departmental Budgetary Expenditures by Standard Object includes personnel expenditures from all of the votes included in the Statement of Authorities, primarily from Vote 1–Net Operating Expenditures, Employee Benefit Plans and CIPO's Revolving Fund. In 2013–14, there was a $13.5 million year-to-date increase in this standard object mainly because of the increase in severance payouts in 2013–14, which was partially offset by a decrease due to the reduction in head count.

2.2.6 Table 1: Departmental Budgetary Expenditures by Standard Object: Acquisition of machinery and equipment (Second quarter: $3.4 million decrease Year-to-date: $746,000 decrease)

The decrease in the "acquisition of machinery and equipment" standard object in the second quarter of 2013–14 is mainly attributable to the near completion of the Desktop Software Renewal Project. Considering year-to-date expenditures, this variance is partially offset by an increase in spending for the ongoing Spectrum Applications Modernization Project.

2.2.7 Table 1: Departmental Budgetary Expenditures by Standard Object: Other Subsidies and Payments (Second quarter: $589,000 decrease; Year-to-date: $29.5 million decrease)

See section 2.2.2 for year-to-date variance explanations.

3. Risks and uncertainties

The Department continues to refine and strengthen its existing stewardship and oversight practices to monitor program funding and expenditures. This includes Industry Canada's system of internal controls over financial transactions and reporting, and a monthly senior management review of plans and forecasts. Ongoing controls and accurate monitoring are particularly important to Industry Canada because of the Department's funding model, whereby a portion of the operating budget comes from royalty repayments from legacy contribution programs. Because these royalties fluctuate with the sales of aging product lines of individual companies and the overall health of the economy, the Department must be prepared to mitigate the impact of unpredictable changes to its funding level.

Of note in Q2, the Department's new Internal Control Framework was approved by the Deputy Minister. This most recent addition to Industry Canada's suite of financial management frameworks formalizes the roles and responsibilities of senior management as well as working-level employees over the Department's system of internal control, particularly the controls over financial reporting.

4. Significant changes in relation to operations, personnel and programs

On July 8, 2013, David Enns was appointed Chief Financial Officer of Industry Canada.

On July 15, 2013, James Moore was appointed Minister of Industry Canada.

5. Budget 2012 Implementation

This section provides an overview of the savings measures announced in Budget 2012, which sets out the government's plan to reduce the federal deficit and return to fiscal balance over the medium term. Details regarding Industry Canada's Budget 2012 reductions are available online and are centred on three main areas, not in direct services to Canadians:

  • reducing administrative expenditures by improving efficiencies;
  • reducing expenditures by consolidating program and office functions; and
  • efficiencies in research and analysis functions while maintaining adequate capacity for targeted policy development.

Industry Canada's prudent financial management is central to the Department's approach to achieving its Budget 2012 reduction targets. Long-term financial affordability and a commitment to ensuring the Department's continued ability to deliver its mandate and its core activities have been a key focus of all financial decisions.

In 2012–13, Industry Canada achieved savings of $49.2 million. This will increase to $65.2 million for 2013–14 and will result in ongoing savings of $79.5 million by 2014–15.

For 2013–14, a decrease of $6.1 million has been made in the Main Estimates to Industry Canada's grants and contributions authorities. The remaining decrease of $59.1 million will be reflected in the amount of repayable contributions that the Department is allowed to access through the Estimates process.

In the second quarter of 2013–14, the Department continued to monitor implementation of its Budget 2012 reductions in order to ensure the continued effective delivery of the Department's core mandate, both in the short term and looking ahead to future years. Implementation of the reduction measures has been unfolding to date in compliance with the required targets.

The printed version is signed by:

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John Knubley
Deputy Minister
Ottawa, Canada

November 20, 2013
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Date

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David Enns
Chief Financial Officer
Ottawa, Canada

November 19, 2013
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Date

Industry Canada
For the quarter ended September 30, 2013

Statement of Authorities (unaudited)

Fiscal Year 2013–2014
(in thousands of dollars) Total available for use for the year ending March 31, 2014 Footnote 1 Used during the
quarter ended September 30, 2013
Year to date used at quarter-end
Vote 1 — Operating expenditures 381,224 101,783 211,788
Vote 1 — Revenue Credited to the Vote (78,634) (18,108) (35,507)
Vote 1 — Net Operating Expenditures 302,590 83,675 176,281
Vote 5 — Capital expenditures 19,403 2,355 7,300
Vote 10 — Grants and contributions 651,091 182,080 264,413
Total voted authorities 973,084 268,110 447,994
Budgetary statutory authorities:
Revolving Fund Gross expenditures 164,545 35,853 71,603
Revolving Fund Revenues (146,941) (33,449) (64,108)
Revolving Fund Net expenditures 17,604 2,404 7,495
Grants and Contributions
Genome Canada 57,100 -   35,400
Liabilities under the Canada Small Business Financing Act & the Small Business Loans Act 86,386 12,715 21,337
Knowledge Infrastructure Program -   -   -  
Canadian Youth Business Foundation -   -   -  
Other statutory grants and contributions -   7 8
Total Statutory Grants and Contributions 143,486 12,722 56,745
Employee Benefit Plans 53,446 13,405 26,810
Refunds of Previous Years Revenue -   80 230
Proceeds for Crown Asset Disposals 342 -   -  
Minister's Car Allowance 83 21 41
Total budgetary statutory authorities 214,961 28,632 91,321
Total Budgetary authorities 1,188,045 296,742 539,315
Non-budgetary authorities 800 -   -  
Total authorities 1,188,845 296,742 539,315
Fiscal Year 2012–2013
(in thousands of dollars) Total available for use for the year ending March 31, 2013
Footnote 2  Footnote 3
Used during the
quarter ended September 30, 2012
Year to date used at quarter-end
Vote 1 — Operating expenditures 481,202 111,193 237,703
Vote 1 — Revenue Credited to the Vote (78,098) (17,960) (34,852)
Vote 1 — Net Operating Expenditures 403,104 93,233 202,851
Vote 5 — Capital expenditures 7,728 2,646 3,672
Vote 10 — Grants and contributions 773,984 99,813 371,769
Total voted authorities 1,184,816 195,692 578,292
Budgetary statutory authorities:
Revolving Fund Gross expenditures 156,964 33,595 67,763
Revolving Fund Revenues (146,102) (47,715) (66,851)
Revolving Fund Net expenditures 10,862 (14,120) 912
Grants and Contributions
Genome Canada 74,600 -   58,100
Liabilities under the Canada Small Business Financing Act & the Small Business Loans Act 103,467 14,416 23,095
Knowledge Infrastructure Program 52,460 23,887 23,887
Canadian Youth Business Foundation 10,000 10,000 10,000
Other statutory grants and contributions -   5 1,428
Total Statutory Grants and Contributions 240,527 48,308 116,510
Employee Benefit Plans 54,081 13,520 27,041
Refunds of Previous Years Revenue -   90 216
Proceeds for Crown Asset Disposals 338 29 29
Minister's Car Allowance 81 20 41
Total budgetary statutory authorities 305,889 47,847 144,749
Total Budgetary authorities 1,490,705 243,539 723,041
Non-budgetary authorities 800 -   -  
Total authorities 1,491,505 243,539 723,041

Industry Canada
For the quarter ended September 30, 2013

Table 1: Departmental budgetary expenditures by Standard Object (unaudited)

Fiscal Year 2013–2014
(in thousands of dollars) Planned expenditures for the year ending March 31, 2014 Footnote 4 Expended during the
quarter ended September 30, 2013
Year to date used at quarter-end
Expenditures:
Personnel 472,460 125,347 262,398
Transportation and communications 14,653 2,080 3,973
Information 3,253 902 1,470
Professional and special services 78,945 18,944 34,647
Rentals 10,690 2,463 6,215
Repair and maintenance 8,435 936 1,384
Utilities, materials and supplies 6,353 1,028 1,771
Acquisition of land, buildings and works -   1 5
Acquisition of machinery and equipment 23,912 889 4,693
Transfer payments 794,577 194,802 321,158
Other subsidies and payments 342 907 1,216
Total gross budgetary expenditures 1,413,620 348,299 638,930
Less Revenues netted against expenditures:
Revolving Fund Revenues 146,941 33,449 64,107
Sales of Services and Other Revenue 78,634 18,108 35,508
Total Revenues netted against expenditures: 225,575 51,557 99,615
Total net budgetary expenditures 1,188,045 296,742 539,315
Fiscal Year 2012–2013
(in thousands of dollars) Planned expenditures for the year ending March 31, 2013
Footnote 5  Footnote 6
Expended during the quarter ended
September 30, 2012
Year to date used at quarter-end
Expenditures:
Personnel 471,604 127,026 248,927
Transportation and communications 21,390 3,029 6,246
Information 3,884 755 1,065
Professional and special services 107,193 19,559 33,855
Rentals 10,378 3,284 5,945
Repair and maintenance 12,299 (153) 1,586
Utilities, materials and supplies 7,240 1,323 2,185
Acquisition of land, buildings and works -   491 501
Acquisition of machinery and equipment 8,599 4,284 5,439
Transfer payments 1,014,511 148,121 488,279
Other subsidies and payments 57,807 1,496 30,716
Total gross budgetary expenditures 1,714,905 309,215 824,744
Less Revenues netted against expenditures:
Revolving Fund Revenues 146,102 47,715 66,851
Sales of Services and Other Revenue 78,098 17,961 34,852
Total Revenues netted against expenditures: 224,200 65,676 101,703
Total net budgetary expenditures 1,490,705 243,539 723,041
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