Quarterly Financial Report—Quarter Ended December 31, 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.

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 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; new grants and contributions funding received in 2013–14 from Budget 2012 and 2013; and overall decreases in funding profiles of grants and contributions programs in both years due to varying payment requirements.

2.1 Authorities available for use and planned expenditures

The overall authorities at the end of the third quarter have increased by $124 million from the second quarter of this year. During the third quarter, Supplementary Estimates B have been approved and funding from the Treasury Board central votes has been received including collective agreement adjustments and the 2012–13 operating budget/capital budget carry forwards.

Graph 1: Comparison of Total Net Budgetary Authorities Available for Use as of December 31, 2013 and December 31, 2012

Bar graph: Comparison of Total Net Budgetary Authorities Available for Use as of December 31, 2013 and December 31, 2012 (the long description is located below the image)
Description of Graph 1
Graph 1: Comparison of Total Net Budgetary Authorities Available for Use as of December 31, 2013 and December 31, 2012
Fiscal Year (in millions of dollars)
2013–14 1,312
2012–13 1,542

Comparing year to year with the same quarter ended in 2012–13, Industry Canada's total authorities available for use of $1.3 billion in 2013–14 reflect a $230 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 — $70.9 million decrease
  • Vote 10 — Grants and Contributions — $88.5 million decrease
  • Statutory Grants and Contributions — $88.0 million decrease
  • Vote 5 — Capital Expenditures — $11.1 million increase
  • CIPO Revolving Fund — $6.7 million increase

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

2.1.1 Vote 1 — Net Operating Expenditures ($70.9 million decrease)

Graph 2: Comparison of Net Budgetary Authorities Available for Use for Vote 1 Net Operating Expenditures as of December 31, 2013 and December 31, 2012

Bar graph: Comparison of Net Budgetary Authorities Available for Use for Vote 1 Net Operating Expenditures as of December 31, 2013 and December 31, 2012 (the long description is located below the image)
Description of Graph 2
Graph 2: Comparison of Net Budgetary Authorities Available for Use for Vote 1 Net Operating Expenditures as of December 31, 2013 and December 31, 2012
Fiscal Year (in millions of dollars)
2013–14 354
2012–13 425

Authorities available for use in Vote 1 — Net Operating Expenditures decreased by a total of $70.9 million, compared with the same quarter-end of the previous year. The most significant element contributing to this change is the one-time funding of $29 million received in 2012–13 for the payment of a legal settlement agreement. Other contributing elements include:

  • Funding related to receipts from repayable contributions decreased by $12 million between 2012–13 and 2013–14.
  • Funding for paylist requirements such as severance pay was not received by the end of this current quarter whereas the funding was received by the end of the quarter last fiscal year ($11.9 million).
  • A total of $11.1 million in the operating expenditures vote was transferred to the capital expenditures vote to establish capital project funding, described further in section 2.1.3 below.
2.1.2 Vote 10 — Grants and Contributions ($88.5 million decrease) and Statutory Grants and Contributions ($88 million decrease)

Graph 3: Comparison of Net Budgetary Authorities Available for Use for Vote 10 and Statutory Grants and Contributions as of December 31, 2013 and December 31, 2012

Bar graph: Comparison of Net Budgetary Authorities Available for Use for Vote 10 and Statutory Grants and Contributions as of December 31, 2013 and December 31, 2012 (the long description is located below the image)
Description of Graph 3
Graph 3: Comparison of Net Budgetary Authorities Available for Use for Vote 10 and Statutory Grants and Contributions as of December 31, 2013 and December 31, 2012
Fiscal Year (in millions of dollars)
2013–14 859
2012–13 1,035

The authority for Vote 10 — Grants and Contributions decreased overall by a total of $88.5 million, compared to the same quarter last fiscal year mainly as a result of the following factors:

  • Fluctuating funding profiles of programs to match expected requirements of recipients mainly for the Canada Foundation for Innovation ($82 million decrease), the Automotive Innovation Fund (AIF) ($67.9 million decrease), Bombardier C-Series ($15.2 million increase), Canada's Advanced Research and Innovation Network (CANARIE) ($9.6 million decrease), the Structured Financing Facility ($8.6 million decrease), Broadband Canada ($4.7 million increase), and Genome Canada ($3.8 million decrease);
  • New funding approved through Budget 2012 and 2013, such as CANARIE ($20 million), Genome Canada ($21.2 million), the Industrial Research and Development Internship Program (Mitacs) ($13 million), and AIF ($10.7 million). This funding had not yet been accessed in the third quarter of the 2012–13 fiscal year.

Statutory authorities for grants and contributions decreased by $88 million, primarily as a result of the completion of KIP ($52.5 million). In addition, when compared to the third quarter-end of 2012–13, funding for Genome Canada has decreased by $17.5 million and projected liabilities under the Canada Small Business Financing Program have decreased by $17.1 million.

2.1.3 Vote 5 — Capital Expenditures ($11.1 million increase)

Authorities available for use in Vote 5 — Capital Expenditures increased by a total of $11.1 million compared with the same 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 ($6.5 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.

The details provided in the previous sections also describe 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, in addition to the decreased funding related to receipts from repayable contributions.

2.2 Authorities used and actual expenditures

Graph 4: Comparison of Expenditures in the Third Quarter and Net Year-to-Date Expenditures as of December 31, 2013 and December 31, 2012

Bar graph: Comparison of Expenditures in the Third Quarter and Net Year-to-Date Expenditures as of December 31, 2013 and December 31, 2012 (the long description is located below the image)
Description of Graph 4
Graph 4: Comparison of Expenditures in the Third Quarter and Net Year-to-Date Expenditures as of December 31, 2013 and December 31, 2012 (in millions of dollars)
  2013–14 2012–13
Third quarter 235 205
Net year-to-date expenditures ending December 31 774 928

Expenditures in the third quarter of 2013–14 increased by $29.8 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 $153.9 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 (Third quarter: $29.2 million increase; Year to date: $137.9 million decrease)

Graph 5: Comparison of Expenditures in the Third Quarter and Net Year-to-Date Expenditures for Vote 10 and Statutory Grants and Contributions as of December 31, 2013 and December 31, 2012

Bar graph: Comparison of Expenditures in the Third Quarter and Net Year-to-Date Expenditures for Vote 10 and Statutory Grants and Contributions as of December 31, 2013 and December 31, 2012 (the long description is located below the image)
Description of Graph 5
Graph 5: Comparison of Expenditures in the Third Quarter and Net Year-to-Date Expenditures for Vote 10 and Statutory Grants and Contributions as of December 31, 2013 and December 31, 2012 (in millions of dollars)
  2013–14 2012–13
Third quarter 138 108
Net year-to-date expenditures ending December 31 459 597
2.2.1.1 Third Quarter

In the third quarter of 2013–14, there was a $20.6 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 three program activities are as follows:

  • Science, Technology and Innovation Capacity
    • The variance between the two fiscal years for the following program can be attributed to the timing of payments:
      • $12.6 million decrease for CANARIE; the payment was made in the third quarter of 2012–13 and in the first quarter of 2013–14.
  • Industrial Research and Development Financing
    • $14.5 million increase in the Bombardier CSeries program, as a result of projects now being complete and final payments being made in the third quarter of 2013–14.
    • $11.9 million increase in the Strategic Aerospace and Defence Initiative Program (SADI), as a result of the timing and number of claims received by the program compared with the third quarter of 2012–13.
  • Spectrum, Telecommunications and the Online Economy
    • $3.4 million increase for the International Telecommunications Union (ITU): the payment was made in the fourth quarter of 2012–13 and in the third quarter of 2013–14.

The $8.6 million net increase in the third quarter of 2013–14 for Statutory Grants and Contributions expenditures compared with the same quarter of last year is mostly attributable to the timing difference of a $9 million payment to the Canadian Youth Business Foundations (CYBF) in the third quarter of 2013–14.

2.2.1.2 Year to date

In 2013–14, the Vote 10 — Grants and Contributions expenditures to date decreased by $86.8 million compared with the same period of last fiscal year. Details of the significant variances that occurred in five 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:
      • $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.
      • $10.4 million increase for CANARIE; the payments are based on cash flow requirements submitted by the recipient.
      • $7 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 the completion of specific funding agreements ended in 2012–13 ($102 million) and realignment of cash flow requirements associated with its investments.

  • Industrial Research and Development Financing
    • $25 million increase in the Bombardier CSeries program, as a result of final payments made in the third quarter of fiscal year 2013–14.
    • $20.6 million increase in SADI, as a result of the timing and number of claims received in the program.
    • $4.3 million decrease in expenditures in the Automotive Innovation Fund, due to timing differences; the payment was made in the second quarter of fiscal year 2012–13.
    • $11.7 million decrease in the Technology Partnerships Canada (TPC) program, as a result of a large final payment made in fiscal year 2012–13.
  • Science and Technology Partnerships
    • $5 million increase in the Canadian Institute for Advanced Research due to timing differences; the payment was made in the fourth quarter of fiscal year 2012–13.
  • Northern Ontario Development
    • $3.9 million decrease for the Northern Ontario Development Program due to the timing of claims payments and lower program activity compared to fiscal year 2012–13.
  • Spectrum Management and Telecommunications
    • $4.8 million increase for ITU due to timing differences as the payment was made in the fourth quarter of fiscal year 2012–13.

Statutory Grants and Contributions expenditures to date have decreased by $51.1 million compared with the same period last year. As with the result for the third quarter, this decrease in the previous fiscal year is mostly attributable to final statutory payments made to KIP in 2012–13 ($23.9 million decrease). 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 in the last fiscal year.

2.2.2 Vote 1 — Net Operating Expenditures (Third quarter: $4.2 million decrease; Year to date: $30.8 million decrease)

Graph 6: Comparison of Expenditures in the Third Quarter and Net Year-to-Date Expenditures for Vote 1 as of December 31, 2013 and December 31, 2012

Bar graph: Comparison of Expenditures in the Third Quarter and Net Year-to-Date Expenditures for Vote 1 as of December 31, 2013 and December 31, 2012 (the long description is located below the image)
Description of Graph 6
Graph 6: Comparison of Expenditures in the Third Quarter and Net Year-to-Date Expenditures for Vote 1 as of December 31, 2013 and December 31, 2012 (in millions of dollars)
  2013–14 2012–13
Third quarter 78 82
Net year-to-date expenditures ending December 31 254 285

The $30.8 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 (Third quarter: $2.2 million increase; Year-to-date: $8.7 million increase)

The $8.7 million year to date increase in CIPO's Revolving Fund is mostly attributable to the growth in wages relating to recently signed collective agreements as well as for severance payouts.

2.2.4 Vote 5 — Capital Expenditures (Third quarter: $2.8 million increase; Year-to-date: $6.4 million increase)

There was a $6.4 million year-to-date increase in Vote 5 — Capital Expenditures compared with fiscal year 2012–13 for the following projects:

  • $5.4 million for the ongoing Spectrum Applications Modernization Project.
  • $892,000 for maintenance of the Communications Research Centre Canada (CRC) campus and equipment.
2.2.5 Table 1: Departmental Budgetary Expenditures by Standard Object: Personnel (Third quarter: $3.3 million decrease; Year-to-date $10.5 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 $10.5 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: Transportation and Communications (Third quarter: $1.1 million decrease Year-to-date: $3.4 million decrease)

The decrease in the "transportation and communications" standard object in the third quarter of 2013–14 and year to date is mainly attributable to the decrease of travel costs as part of the Government initiative to reduce travel related expenditures. Also, a reduction in phone related expenditures is due to the transfer of these services to Shared Services Canada.

2.2.7 Table 1: Departmental Budgetary Expenditures by Standard Object: Information (Third quarter: $2.8 million increase Year-to-date: $3.2 million increase)

The increase in the "information" standard object in the third quarter of 2013–14 and year to date is mainly attributable to an increase in advertising costs for the department.

2.2.8 Table 1: Departmental Budgetary Expenditures by Standard Object: Other Subsidies and Payments (Third quarter: $1.1 million increase; Year-to-date: $28.7 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.

Looking ahead to the next fiscal year and beyond, the government's recent commitment — as announced in the October 2013 Speech from the Throne — to freeze the overall federal operating budget and make further targeted reductions to internal spending could create additional pressures in terms of Industry Canada's ability to effectively meet spending targets.

The Department has completed an assessment of the expected impact of the operating budget freeze, and will address its requirements through a combination of attrition and other spending decisions. Any risks emerging from this approach will be addressed in future editions of the Department's Quarterly Financial Report.

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

There have been no significant changes in relation to operations, personnel and programs over the last quarter.

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 by 2015. Details regarding Industry Canada's Budget 2012 reductions are available online and are centered 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 by the end of this fiscal year 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 third 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

February 22, 2014
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Date

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David Enns
Chief Financial Officer
Ottawa, Canada

February 24, 2014
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Date

Industry Canada
For the quarter ended December 31, 2013

Statement of Authorities (unaudited)

Fiscal Year 2013–2014
(in thousands of dollars) Total available for use for the year ending March 31, 2014Footnote 1 Used during the
quarter ended December 31, 2013
Year to date used at quarter-end
Vote 1 — Operating expenditures 432,274 101,636 313,425
Vote 1 — Revenue Credited to the Vote (78,634) (24,048) (59,556)
Vote 1 — Net Operating Expenditures 353,640 77,588 253,869
Vote 5 — Capital expenditures 27,486 6,601 13,901
Vote 10 — Grants and contributions 706,443 117,369 381,782
Total voted authorities 1,087,569 201,558 649,552
Budgetary statutory authorities:
Revolving Fund Gross expenditures 164,545 39,602 111,204
Revolving Fund Revenues (146,941) (39,988) (104,095)
Revolving Fund Net expenditures 17,604 (386) 7,109
Grants and Contributions
Genome Canada 57,100 -   35,400
Liabilities under the Canada Small Business Financing Act & the Small Business Loans Act 86,386 11,198 32,535
Knowledge Infrastructure Program -   -   -  
Canadian Youth Business Foundation 9,000 9,000 9,000
Other statutory grants and contributions -   -   8
Total Statutory Grants and Contributions 152,486 20,198 76,943
Employee Benefit Plans 53,656 13,405 40,214
Refunds of Previous Years Revenue -   81 312
Proceeds for Crown Asset Disposals 420 40 40
Minister's Car Allowance 83 21 62
Total budgetary statutory authorities 224,249 33,359 124,680
Total Budgetary authorities 1,311,818 234,917 774,232
Non-budgetary authorities 800 -   -  
Total authorities 1,312,618 234,917 774,232
Fiscal Year 2012–2013
(in thousands of dollars) Total available for use for the year ending March 31, 2013Footnote 2 Used during the
quarter ended December 31, 2012
Year to date used at quarter-end
Vote 1 — Operating expenditures 502,640 108,647 346,349
Vote 1 — Revenue Credited to the Vote (78,098) (26,820) (61,672)
Vote 1 — Net Operating Expenditures 424,542 81,827 284,677
Vote 5 — Capital expenditures 16,400 3,810 7,482
Vote 10 — Grants and contributions 794,947 96,784 468,553
Total voted authorities 1,235,889 182,421 760,712
Budgetary statutory authorities:
Revolving Fund Gross expenditures 156,964 34,606 102,370
Revolving Fund Revenues (146,102) (37,148) (103,998)
Revolving Fund Net expenditures 10,862 (2,542) (1,628)
Grants and Contributions
Genome Canada 74,600 -   58,100
Liabilities under the Canada Small Business Financing Act & the Small Business Loans Act 103,467 11,519 34,613
Knowledge Infrastructure Program 52,460 -   23,887
Canadian Youth Business Foundation 10,000 -   10,000
Other statutory grants and contributions -   31 1,459
Total Statutory Grants and Contributions 240,527 11,550 128,059
Employee Benefit Plans 54,081 13,520 40,561
Refunds of Previous Years Revenue -   69 285
Proceeds for Crown Asset Disposals 415 46 75
Minister's Car Allowance 82 20 61
Total budgetary statutory authorities 305,967 22,663 167,413
Total Budgetary authorities 1,541,856 205,084 928,125
Non-budgetary authorities 800 -   -  
Total authorities 1,542,656 205,084 928,125

Industry Canada
For the quarter ended December 31, 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, 2014Footnote 3 Expended during the
quarter ended December 31, 2013
Year to date used at quarter-end
Expenditures:
Personnel 476,085 122,079 384,374
Transportation and communications 17,838 2,485 6,457
Information 3,808 3,713 5,183
Professional and special services 98,038 22,446 57,093
Rentals 10,701 4,809 11,024
Repair and maintenance 10,941 1,256 2,640
Utilities, materials and supplies 7,179 1,426 3,198
Acquisition of land, buildings and works -   1 4
Acquisition of machinery and equipment 33,781 2,391 7,085
Transfer payments 858,929 137,567 458,725
Other subsidies and payments 20,093 780 2,100
Total gross budgetary expenditures 1,537,393 298,953 937,883
Less Revenues netted against expenditures:
Revolving Fund Revenues 146,941 39,988 104,095
Sales of Services and Other Revenue 78,634 24,048 59,556
Total Revenues netted against expenditures: 225,575 64,036 163,651
Total net budgetary expenditures 1,311,818 234,917 774,232
Fiscal Year 2012–2013
(in thousands of dollars) Planned expenditures for the year ending March 31, 2013Footnote 4 Expended during the quarter ended
December 31, 2012
Year to date used at quarter-end
Expenditures:
Personnel 486,386 125,349 373,869
Transportation and communications 23,085 3,634 9,880
Information 3,894 900 1,965
Professional and special services 101,010 23,316 57,171
Rentals 10,394 2,507 8,452
Repair and maintenance 13,298 959 2,546
Utilities, materials and supplies 7,785 1,296 3,482
Acquisition of land, buildings and works -   1,239 1,740
Acquisition of machinery and equipment 17,825 1,838 7,278
Transfer payments 1,035,473 108,334 596,612
Other subsidies and payments 66,906 (320) 30,800
Total gross budgetary expenditures 1,766,056 269,052 1,093,795
Less Revenues netted against expenditures:
Revolving Fund Revenues 146,102 37,148 103,998
Sales of Services and Other Revenue 78,098 26,820 61,672
Total Revenues netted against expenditures: 224,200 63,968 165,670
Total net budgetary expenditures 1,541,856 205,084 928,125
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