Canada Small Business Financing Act – Annual Report 2008–2009, part 1

Appendix
Canada Small Business Financing Act – Tables 1 to 3
Capital Leasing Pilot Project – Table 9

NOTE: Annual data for fiscal years 1999–2008 are available in the annual reports from previous years.

Table 1a: Revenues and Expenses — Loans Made from April 1, 1999, to March 31, 2004 — CSBF Program

Fiscal year	Value of loans ($000)	Revenues* and expenses	Year associated fees were due and associated claims were received ($000)										Cumulative revenues and expenses ($000)
			1999–2000	2000–01	2001–02	2002–03	2003–04	2004–05	2005–06	2006–07	2007–08	2008–09
1999–2000	1 352 320.5	Fees	33 425.9	12 973.2	10 293.6	7 275.7	4 784.4	2 821.9	1 735.1	1 023.4	587.6	306.4	75 227.1
		Claims	(494.6)	(14 258.3)	(33 482.9)	(32 250.9)	(17 261.3)	(8 954.4)	(4 043.5)	(1 855.6)	(950.7)	(549.2)	(114 101.3)
		Annual cash flow	32 931.3	(1 285.1)	(23 189.3)	(24 975.2)	(12 476.9)	(6 132.6)	(2 308.4)	(832.2)	(363.1)	(242.8)	(38 874.3)
2000–01	1 159 048.0	Fees		30 164.6	10 918.9	8 600.7	6 180.5	3 988.7	2 230.7	1 317.1	790.4	454.4	64 646.0
		Claims		(510.7)	(9 641.2)	(28 589.5)	(28 592.6)	(18 355.8)	(6 908.0)	(3 838.5)	(1 809.8)	(561.4)	(98 807.4)
		Annual cash flow		29 653.9	1 277.7	(19 988.8)	(22 412.1)	(14 367.0)	(4 677.3)	(2 521.4)	(1 019.3)	(107.0)	(34 161.5)
2001–02	899 247.6	Fees			23 356.7	8 215.8	6 570.9	4 659.4	2 900.1	1 578.3	955.9	573.6	48 810.7
		Claims			(320.2)	(7 569.1)	(18 089.6)	(19 614.8)	(8 116.7)	(5 651.0)	(2 782.0)	(1 188.3)	(63 331.6)
		Annual cash flow			23 036.5	646.7	(11 518.7)	(14 955.4)	(5 216.6)	(4 072.6)	(1 826.0)	(614.7)	(14 520.9)
2002–03	951 159.1	Fees				24 339.4	8 523.5	6 671.2	4 502.5	2 694.5	1 486.7	893.7	49 111.5
		Claims				(381.8)	(7 426.4)	(19 959.3)	(16 664.3)	(8 477.6)	(5 432.4)	(2 980.1)	(61 321.8)
		Annual cash flow				23 957.7	1 097.2	(13 288.1)	(12 161.8)	(5 783.1)	(3 945.7)	(2 086.4)	(12 210.2)
2003–04	999 868.3	Fees					25 485.6	8 518.5	6 333.7	4 104.4	2 497.6	1 363.5	48 303.3
		Claims					(292.8)	(8 837.8)	(24 261.5)	(19 332.9)	(11 245.3)	(7 316.1)	(71 286.5)
		Annual cash flow					25 192.8	(319.3)	(17 927.8)	(15 228.5)	(8 747.7)	(5 952.6)	(22 983.2)
Total	5 361 643.4	Fees	33 425.9	43 137.8	44 569.2	48 431.5	51 544.9	26 659.7	17 702.1	10 717.8	6 318.2	3 591.5	286 098.5
		Claims	(494.6)	(14 769.0)	(43 444.3)	(68 791.3)	(71 662.7)	(75 722.1)	(59 994.0)	(39 155.5)	(22 220.0)	(12 595.0)	(408 848.7)
		Annual cash flow	32 931.3	28 368.8	1 124.9	(20 359.8)	(20 117.7)	(49 062.4)	(42 292.0)	(28 437.8)	(15 901.9)	(9 003.6)	(122 750.1)

* Revenues are composed of the 2-percent registration fees and the 1.25-percent administration fees. (Back to text)

Long description for Table 1a: Revenues and Expenses — Loans Made from April 1, 1999, to March 31, 2004 — CSBF Program

Table 1b: Revenues and Expenses — Loans Made from April 1, 2004, to March 31, 2009 — CSBF Program

Fiscal year	Value of loans ($000)	Revenues* and expenses	Year associated fees were due and associated claims were received ($000)					Cumulative revenues and expenses ($000)
			2004–05	2005–06	2006–07	2007–08	2008–09
2004–05	1 041 316.0	Fees	27 181.8	10 259.1	8 057.4	5 820.7	3 721.4	55 040.5
		Claims	(738.0)	(11 226.1)	(23 552.2)	(21 001.2)	(14 132.3)	(70 649.9)
		Annual cash flow	26 443.8	(967.0)	(15 494.8)	(15 180.5)	(10 411.0)	(15 609.4)
2005–06	1 087 451.8	Fees		28 405.9	10 329.2	8 108.7	5 666.1	52 509.9
		Claims		(459.1)	(16 418.7)	(33 349.0)	(26 387.7)	(76 614.6)
		Annual cash flow		27 946.8	(6 089.5)	(25 240.4)	(20 721.6)	(24 104.7)
2006–07	1 024 535.8	Fees			26 558.6	9 393.0	7 137.9	43 089.5
		Claims			(1 162.9)	(18 812.1)	(32 471.1)	(52 446.2)
		Annual cash flow			25 395.6	(9 419.1)	(25 333.2)	(9 356.7)
2007–08	987 663.9	Fees				25 379.6	8 473.7	33 853.3
		Claims				(958.6)	(19 086.6)	(20 045.2)
		Annual cash flow				24 421.0	(10 612.9)	13 808.1
2008–09	916 428.1	Fees					22 691.1	22 691.1
		Claims					(1 088.5)	(1 088.5)
		Annual cash flow					21 602.6	21 602.6
Total	5 057 395.5	Fees	27 181.8	38 665.0	44 945.2	48 702.0	47 690.2	207 184.2
		Claims	(738.0)	(11 685.2)	(41 133.8)	(74 121.0)	(93 166.2)	(220 844.3)
		Annual cash flow	26 443.8	26 979.8	3 811.4	(25 419.0)	(45 476.0)	(13 660.1)

* Revenues are composed of the 2-percent registration fees and the 1.25-percent administration fees. (Back to text)

Long description for Table 1b: Revenues and Expenses — Loans Made from April 1, 2004, to March 31, 2009 — CSBF Program

Table 2: Summary of Financial Activities per Fiscal Year — CSBF Program

Fiscal year	Loans			Revenues	Expenses				Net revenues less expenses ($000)
	Number	Value ($000)	Average size ($000)	Fees ($000)	Number of claims	Claims paid ($000)	Refunds of previous years' expenses ($000)	Total expenses ($000)
1999–2000	17 741	1 352 320.5	76.2	33 425.9	19	494.6		494.6	32 931.3
2000–01	14 442	1 159 048.0	80.3	43 137.8	307	14 769.0		14 769.0	28 368.8
2001–02	11 016	899 247.6	81.6	44 569.2	915	43 466.0	(21.7)	43 444.3	1 124.9
2002–03	11 263	951 159.1	84.4	48 431.5	1 409	68 891.6	(100.4)	68 791.3	(20 359.8)
2003–04	11 085	999 868.3	90.2	51 544.9	1 553	71 949.1	(286.5)	71 662.7	(20 117.7)
2004–05	11 143	1 041 316.0	93.5	53 838.8	1 620	76 872.6	(412.4)	76 460.1	(22 621.3)
2005–06	10 789	1 087 451.8	100.8	56 367.1	1 598	72 065.5	(386.3)	71 679.3	(15 312.2)
2006–07	9 595	1 024 535.8	106.8	55 664.1	1 681	80 855.9	(566.5)	80 289.4	(24 625.3)
2007–08	8 930	987 663.9	110.6	55 020.2	1 835	96 914.2	(573.2)	96 341.1	(41 320.9)
2008–09	7 846	916 428.1	116.8	51 282.0	1 979	106 445.0	(683.8)	105 761.3	(54 479.2)
Total	113 850	10 419 038.9	91.5	493 281.5	12 916	632 723.6	(3 030.6)	629 693.0	(136 411.5)

Long description for Table 2: Summary of Financial Activities per Fiscal Year — CSBF Program

Table 3: Loans and Claims — by Asset Type from 1999–2009 — CSBF Program

Asset type*	Fiscal year	Loans				Claims
		Number	Value ($000)	Percent of total value	Average ($000)	Number	Value ($000)	Percent of total value	Average ($000)
Equipment	1999–2008	68 732	5 358 265.5	56.4	78.0	7 279	339 531.4	64.5	46.6
	2008–09	4 459	412 004.2	45.0	92.4	1 180	60 494.2	56.8	51.3
	Subtotal	73 191	5 770 269.7	55.4	78.8	8 459	400 025.6	63.2	47.3
Real property	1999–2008	18 709	1 992 251.6	21.0	106.5	1 044	46 497.5	8.8	44.5
	2008–09	1 183	183 450.2	20.0	155.1	189	11 108.0	10.4	58.8
	Subtotal	19 892	2 175 701.8	20.9	109.4	1 233	57 605.5	9.1	46.7
Leasehold improvements	1999–2008	18 563	2 152 093.8	22.6	115.9	2 614	140 249.7	26.6	53.7
	2008–09	2 204	320 973.7	35.0	145.6	610	34 842.9	32.7	57.1
	Subtotal	20 767	2 473 067.4	23.7	119.1	3 224	175 092.6	27.7	54.3
Total**	1999–2008	106 004	9 502 610.9	100.0	89.6	10 937	526 278.6	100.0	48.1
	2008–09	7 846	916 428.1	100.0	116.8	1 979	106 445.0	100.0	53.8
	Total**	113 850	10 419 038.9	100.0	91.5	12 916	632 723.6	100.0	49.0

* Since loans can be used for multiple purposes, a given loan was associated with the asset type having the highest value devoted to a specified purpose.
** Totals may not add up due to rounding.

Long description for Table 3: Loans and Claims — by Asset Type from 1999–2009 — CSBF Program