Parole Board of Canada
Financial Statements (Unaudited)
2013-2014
Parole Board of Canada
Statement of Management Responsibility Including Internal Control Over Financial Reporting
Responsibility for the integrity and objectivity of the accompanying financial statements for the
year ended March 31, 2014 and all information contained in these statements rests with the
management of the Parole Board of Canada (PBC). These financial statements have been
prepared by management using the Government’s accounting policies, which are based on
Canadian public sector accounting standards.
Management is responsible for the integrity and objectivity of the information in these financial
statements. Some of the information in the financial statements is based on management’s best
estimates and judgment, and gives due consideration to materiality. To fulfill its accounting and
reporting responsibilities, management maintains a set of accounts that provides a centralized
record of the PBC’s financial transactions. Financial information submitted in the preparation of
the Public Accounts of Canada, and included in the PBC’s Departmental Performance Report, is
consistent with these financial statements.
Management is also responsible for maintaining an effective system of internal control over
financial reporting (ICFR) designed to provide reasonable assurance that financial information is
reliable, that assets are safeguarded and that transactions are properly authorized and recorded in
accordance with the Financial Administration Act and other applicable legislation, regulations,
authorities and policies.
Management seeks to ensure the objectivity and integrity of data in its financial statements
through careful selection, training and development of qualified staff; through organizational
arrangements that provide appropriate divisions of responsibility; and through communication
programs aimed at ensuring that regulations, policies, standards and managerial authorities are
understood throughout the PBC and through conducting an annual risk-based assessment of the
effectiveness of the system of ICFR.
The system of ICFR is designed to mitigate risks to a reasonable level based on an on-going
process to identify key risks, to assess effectiveness of associated key controls, and to make any
necessary adjustments.
The PBC is subject to periodic Core Control Audits performed by the Office of the Comptroller
General and uses the results of such audits to comply with the Treasury Board Policy on Internal
Control.
A Core Control Audit was performed in 2011-2012 by the Office of the Comptroller General of
Canada (OCG). The Audit Report and related Management Action Plan are posted on the PBC
website at http://www.pbc-clcc.gc.ca/rprts/rprt-eng.shtml.
The financial statements of the PBC have not been audited.
Harvey Cenaiko
Chairperson
Cathy Gaudet, CPA, CA
Chief Financial Officer
Ottawa, Canada
August 13, 2014
Page 2
Parole Board of Canada
Statement of Financial Position (Unaudited)
As at March 31
2014
(in thousands of dollars)
2013
Restated
(note 10)
Liabilities
Accounts payable and accrued liabilities (note 4)
Vacation pay and compensatory leave
Employee future benefits (note 5)
Total liabilities
3,330 $
1,659
1,718
6,707
2,372
1,629
1,928
5,929
Financial assets
Due from Consolidated Revenue Fund
Accounts receivable and advances (note 6)
Total gross financial assets
3,322
635
3,957
2,372
117
2,489
Financial assets held on behalf of Government
Accounts receivable and advances (note 6)
Total financial assets held on behalf of Government
Total net financial assets
Departmental net debt
(242)
(242)
3,715
2,992
(62)
(62)
2,427
3,502
Non-financial assets
Prepaid expenses
Tangible capital assets (note 7)
Total non-financial assets
Departmental net financial position
$
$
116
1,631
1,747
(1,245) $
263
1,273
1,536
(1,966)
The accompanying notes form an integral part of these financial statements.
_______________________________________
_____________________________________
Harvey Cenaiko
Chairperson
Cathy Gaudet, CPA, CA
Chief Financial Officer
Ottawa, Canada
August 13, 2014
Page 3
Parole Board of Canada
Statement of Operations and Departmental Net Financial Position (Unaudited)
For the Year Ended March 31
2014
(in thousands of dollars
2014
Planned
Results
Expenses
Conditional release decisions
Conditional release openness and accountability
Record suspension decisions and clemency
recommendations
Internal services
Total expenses
$
Revenues
Regulatory fees
Miscellaneous revenues
Revenues earned on behalf of Government
Total revenues
Net cost of operations before government funding
and transfers
Government funding and transfers
Net cash provided by Government
Change in due from Consolidated Revenue Fund
Services provided without charge by other
government departments (note 8a)
Transfer of capital assets to other government
departments
Net cost of operations after government funding
and transfers
Departmental net financial position – Beginning
of year
Departmental net financial position – End of year
$
$
41,463 $
6,940
2013
Restated
(note 10)
41,075 $
6,290
39,413
6,040
9,006
8,186
6,460
6,557
63,966
6,268
61,819
5,315
57,228
7,578
(1,933)
5,645
6,053
7
(1,556)
4,504
7,261
7
(1,861)
5,407
58,321
57,315
51,821
51,867
-
49,731
950
45,560
671
6,947
7,355
6,991
-
-
(305)
(492)
(721)
(1,096)
(713)
(221) $
(1,966)
(1,245) $
(3,062)
(1,966)
Segmented information (note 9)
The accompanying notes form an integral part of these financial statements.
Page 4
Parole Board of Canada
Statement of Change in Departmental Net Debt (Unaudited)
For the Year Ended March 31
(in thousands of dollars)
2014
2014
2013
Planned
Results
Net cost of operations after government funding
and transfers
Change due to tangible capital assets
Acquisition of tangible capital assets
Amortization of tangible capital assets
Proceeds from disposal of tangible capital assets
Net gain (loss) on disposal of tangible capital
assets including adjustments
Transfer to other government departments
Total change due to tangible capital assets
$
Change due to prepaid expenses
Net increase (decrease) in departmental net debt
Departmental net debt – Beginning of year
Departmental net debt – End of year
$
Restated
(note 10)
(492) $
(721)
986
(456)
-
814
(456)
(7)
569
(325)
(6)
-
7
-
530
358
(305)
(67)
(94)
(147)
63
(510)
3,502
2,992
(1,100)
4,602
3,502
(56)
3,317
3,261 $
$
$
(1,096)
The accompanying notes form an integral part of these financial statements.
Page 5
Parole Board of Canada
Statement of Cash Flow (Unaudited)
For the Year Ended March 31
(in thousands of dollars)
2014
2013
Restated
(note 10)
Operating activities
Net cost of operations before government funding and
transfers
Non cash items:
Services provided without charge by other government
departments (note 8a)
Amortization of tangible capital assets
Gain (Loss) on disposal of tangible capital assets
Variations in Statement of Financial Position:
Increase (decrease) in net accounts receivable and
advances
Increase (decrease) in prepaid expenses
Decrease (increase) in accounts payable and accrued
liabilities
Decrease (increase) in vacation pay and compensatory
leave
Decrease (increase) in employee future benefits
Cash used in operating activities
Capital investing activities
Acquisitions of tangible capital assets
Proceeds from disposal of tangible capital assets
Cash used in capital investing activities
Net cash provided by Government of Canada
$
$
57,315
$
51,821
(7,355)
(6,991)
(456)
7
(325)
-
338
(287)
(147)
63
(958)
(660)
(30)
134
210
48,924
1,242
44,997
814
(7)
807
49,731
569
(6)
563
45,560
$
The accompanying notes form an integral part of these financial statements.
Page 6
Parole Board of Canada
Notes to the Financial Statements (Unaudited)
For the Year Ended March 31
1.
Authority and Objectives
The Parole Board of Canada (PBC or “the Board”) is an agency within the Public Safety
Portfolio, which also includes the Royal Canadian Mounted Police (RCMP), the Canadian
Security Intelligence Service (CSIS), the Canada Border Services Agency (CBSA) and the
Correctional Service of Canada (CSC).
The Board is an independent administrative tribunal that has exclusive jurisdiction and absolute
discretion under the Corrections and Conditional Release Act (CCRA) to grant, cancel, terminate
or revoke day parole and full parole. The PBC may also order (on referral by CSC) that certain
offenders be held in custody until the end of their sentence. This is called detention during the
period of statutory release. Further, the Board has the authority to terminate or revoke a period of
statutory release. In addition, the Board makes conditional release decisions for offenders in
provinces and territories that do not have their own parole boards. Only the provinces of Ontario
and Quebec currently have their own parole boards, which make parole decisions for offenders
serving sentences of less than two years.
The Board has legislated responsibilities related to openness and accountability, which are the
provision of information and assistance to victims of crime, observers at hearings, access to the
PBC’s decision registry, and delivery of a program of public information.
The Board has exclusive jurisdiction and absolute discretion to order, refuse to order or revoke a
record suspension under the Criminal Records Act (CRA). In addition, the PBC is authorized to
investigate Royal Prerogative of Mercy (RPM) requests under Section 110 of the CCRA. The
Board makes clemency recommendations to the Minister of Public Safety.
The Board has one strategic outcome: Conditional release and record suspension decisions and
decision processes that safeguard Canadian communities. This strategic outcome is the
cornerstone of the Board’s public accountability and reporting of results.
The Board has four programs: Conditional Release Decisions, Conditional Release Openness and
Accountability, Record Suspension Decisions/Clemency Recommendations and Internal
Services.
Further details on the Board’s authority, mandate and programs may be found in the PBC’s
Departmental Performance Report.
2.
Summary of Significant Accounting Policies
These financial statements have been prepared using the Government’s accounting policies
stated below, which are based on Canadian Public Sector accounting standards. The presentation
and results using the stated accounting policies do not result in any significant differences from
Canadian public sector accounting standards.
Page 7
Parole Board of Canada
Notes to the Financial Statements (Unaudited)
For the Year Ended March 31
Significant accounting policies are as follows:
(a) Parliamentary authorities – the Board is financed by the Government of Canada through
parliamentary authorities. Financial reporting of authorities provided to the Board do not
parallel financial reporting according to generally accepted accounting principles since
authorities are primarily based on cash flow requirements. Consequently, items recognized
in the Statement of Operations and Departmental Net Financial Position and the Statement
of Financial Position are not necessarily the same as those provided through authorities from
Parliament. Note 3 provides a reconciliation between the bases of reporting. The planned
results amounts in the Statement of Operations and Departmental Net Financial Position are
the amounts reported in the future-oriented financial statements included in the 2013-14
Report on Plans and Priorities.
(b) Net Cash Provided by Government – The Board operates within the Consolidated Revenue
Fund (CRF), which is administered by the Receiver General for Canada. All cash received
by the Board is deposited to the CRF and all cash disbursements made by the Board are paid
from the CRF. The net cash provided by Government is the difference between all cash
receipts and all cash disbursements including transactions between departments of the
Government.
(c) Amounts due from or to the CRF are the result of timing differences at year-end between
when a transaction affects authorities and when it is processed through the CRF. Amounts
due from the CRF represent the net amount of cash that the Board is entitled to draw from
the CRF without further authorities to discharge its liabilities.
(d) Revenues – Revenues are recorded on an accrual basis:
Revenues from regulatory fees are recognized in the accounts based on the services provided
in the year.
Other revenues are accounted for in the period in which the underlying transaction or event
that gave rise to the revenue takes place.
Revenues that are non-respendable are not available to discharge the Board’s liabilities.
While the Chairperson as Deputy Head is expected to maintain accounting control, he has no
authority regarding the disposition of non-respendable revenues. As a result, nonrespendable revenues are considered to be earned on behalf of the Government of Canada
and are therefore presented in reduction of the entity’s gross revenues.
(e) Expenses – Expenses are recorded on the accrual basis:
Vacation pay and compensatory leave are accrued as the benefits are earned by employees
under their respective terms of employment.
Services provided without charge by other government departments for accommodation,
employer contributions to the health and dental insurance plans, legal services and workers’
compensation are recorded as operating expenses at their estimated cost.
Page 8
Parole Board of Canada
Notes to the Financial Statements (Unaudited)
For the Year Ended March 31
(f) Employee future benefits:
(i)
Pension benefits: Eligible employees participate in the Public Service Superannuation
Plan, a multiemployer pension plan administered by the Government. The Board’s
contributions to the Plan are charged to expenses in the year incurred and represent the
total departmental obligation to the Plan. The Board’s responsibility with regard to the
Plan is limited to its contributions. Actuarial surpluses or deficiencies are recognized in
the financial statements of the Government of Canada, as the Plan’s sponsor.
(ii) Severance benefits: Employees entitled to severance benefits under labour contracts or
conditions of employment earn these benefits as services necessary to earn them are
rendered. The obligation relating to the benefits earned by employees is calculated using
information derived from the results of the actuarially determined liability for employee
severance benefits for the Government as a whole.
(g)
Accounts receivable are stated at the lower of cost and net recoverable value. A valuation
allowance is recorded for accounts receivable where recovery is considered uncertain.
(h)
Contingent liabilities – Contingent liabilities are potential liabilities that may become actual
liabilities when one or more future events occur or fail to occur. To the extent that the future
event is likely to occur or fail to occur, and a reasonable estimate of the loss can be made, an
estimated liability is accrued and an expense recorded. If the likelihood is not determinable
or if an amount cannot be reasonably estimated, the contingency is disclosed in the notes to
the financial statements.
(i)
Tangible capital assets – All tangible capital assets and leasehold improvements having an
initial cost of $5,000 or more are recorded at their acquisition cost. The Board does not
capitalize intangibles, works of art and historical treasures that have cultural, aesthetic or
historical value, assets located on Indian Reserves and museum collections. Amortization
of tangible capital assets is done on a straight-line basis over the estimated useful life of the
asset as follows:
Asset Class
Machinery and equipment
Other equipment (including furniture)
Motor vehicles
Leasehold improvements
Amortization period
3 to 5 years
15 years
7 years
Lesser of the remaining term of lease
or useful life of the improvement
Page 9
Parole Board of Canada
Notes to the Financial Statements (Unaudited)
For the Year Ended March 31
(j) Measurement uncertainty –– The preparation of these financial statements requires
management to make estimates and assumptions that affect the reported amounts of assets,
liabilities, revenues and expenses reported in the financial statements. At the time of
preparation of these statements, management believes the estimates and assumptions to be
reasonable. The most significant items where estimates are used are the liability for
employee future benefits and the useful life of tangible capital assets. Actual results could
significantly differ from those estimated. Management’s estimates are reviewed periodically
and, as adjustments become necessary, they are recorded in the financial statements in the
year they become known.
3.
Parliamentary authorities
The Board receives most of its funding through annual parliamentary authorities. Items
recognized in the Statement of Operations and Departmental Net Financial Position and the
Statement of Financial Position in one year may be funded through parliamentary authorities in
prior, current or future years. Accordingly, the Board has different net results of operations for
the year on a government funding basis than on an accrual accounting basis. The differences are
reconciled in the following tables:
Page 10
Parole Board of Canada
Notes to the Financial Statements (Unaudited)
For the Year Ended March 31
a) Reconciliation of net cost of operations to current year
authorities used
2014
(in thousands of dollars)
2013
Restated
(note 10)
Net cost of operations before government funding and
transfers
Adjustments for items affecting net cost of operations but not
affecting authorities:
Services provided without charge by other government
departments
Decrease in employee future benefits
Amortization of tangible capital assets
Prepaid expenses previously charged to authorities
Decrease (Increase) in vacation pay and compensatory leave
Gain (Loss) on disposal of tangible capital assets
Refunds of prior years’ expenditures
Other
Total items affecting net cost of operations but not affecting
authorities
Adjustments for items not affecting net cost of operations but
affecting authorities:
Acquisitions of tangible capital assets
Proceeds from disposal of tangible capital assets
Increase in prepaid expenses
Total items not affecting net cost of operations but affecting
authorities
Current year authorities used
$
$
57,315
$
51,821
(7,355)
(6,991)
210
(456)
(227)
(30)
7
57
3
1,162
(325)
(100)
134
86
(1)
(7,791)
(6,035)
814
(7)
80
569
(6)
163
887
726
50,411
$
46,512
b) Authorities provided and used
2014
(in thousands of dollars)
Authorities provided
Vote 35 - Program expenditures
Statutory amounts
Less:
Authorities available for future years
Lapsed: Program expenditures
Current year authorities used
$
$
45,801
6,697
(7)
(2,080)
50,411
2013
$
$
48,838
6,337
(6)
(8,657)
46,512
Page 11
Parole Board of Canada
Notes to the Financial Statements (Unaudited)
For the Year Ended March 31
4.
Accounts payable and accrued liabilities
The following table presents details of the Board’s accounts payable and accrued liabilities:
2014
(in thousands of dollars)
Accounts payable - Other government departments and
agencies
Total accounts payable
Accrued liabilities
Total accounts payable and accrued liabilities
5.
2013
$
1,578 $
675
$
1,578
1,752
3,330 $
675
1,697
2,372
Employee future benefits
(a) Pension benefits
The Board’s employees participate in the Public Service Pension Plan (the Plan) which is
sponsored and administered by the Government of Canada. Pension benefits accrue up to a
maximum period of 35 years at a rate of 2 percent per year of pensionable service, times the
average of the best five consecutive years of earnings. The benefits are integrated with
Canada/Quebec Pension Plans benefits and they are indexed to inflation.
Both the employees and the Board contribute to the cost of the Plan. Due to the amendment of
the Public Service Superannuation Act following the implementation of provisions related to
Canada’s Economic Action Plan 2012, employee contributors have been divided into two
groups – Group 1 relates to existing plan members as of December 31, 2012 and Group 2
relates to members joining the plan as of January 1st, 2013. Each group has a distinct
contribution rate.
The 2013-14 expense amounts to $4,686,133 ($4,480,889 in 2012-13). For Group 1 members,
the expense represents approximately 1.6 times (1.7 times in 2012-13) the employee
contributions and, for Group 2 members, approximately 1.5 times (1.6 times in 2012-13) the
employee contributions.
The Board’s responsibility with regard to the Plan is limited to its contributions. Actuarial
surpluses or deficiencies are recognized in the financial statements of the Government of
Canada, as the Plan’s sponsor.
(b) Severance benefits:
The Board provides severance benefits to its employees based on eligibility, years of service
and salary at termination of employment. These severance benefits are not pre-funded. Benefits
will be paid from future authorities.
As part of collective agreement negotiations with certain employee groups, and changes to
conditions of employment for executives and certain non-represented employees, the
accumulation of severance benefits under the employee severance pay program ceased for these
Page 12
Parole Board of Canada
Notes to the Financial Statements (Unaudited)
For the Year Ended March 31
employees commencing in 2012. Employees subject to these changes have been given the
option to be immediately paid the full or partial value of benefits earned to date or collect the
full or remaining value of benefits on termination from the public service. These changes have
been reflected in the calculation of the outstanding severance benefit obligation.
Information about the severance benefits measured as at March 31, is as follows:
(in thousands of dollars)
Accrued benefit obligation, beginning of year
$
Expense for the year
Benefits paid during the year
Accrued benefit obligation, end of year
6.
$
2014
2013
1,928 $
3,170
225
(528)
(435)
(714)
1,718 $
1,928
Accounts receivable and advances
The following table presents details of the Board’s accounts receivable and advances balances:
2014
(in thousands of dollars)
Receivables – Other government departments and agencies
$
Receivable – External parties
Petty cash advances
Gross accounts receivable
$
Accounts receivable held on behalf of Government
Net accounts receivable
2013
575 $
56
35
4
5
635
$
242
$
77
393
117
62
$
55
Page 13
Parole Board of Canada
Notes to the Financial Statements (Unaudited)
For the Year Ended March 31
7.
Tangible Capital Assets
(in thousands of dollars)
Cost
Capital Asset
Class
Machinery &
equipment
Opening
balance
Restated
(note 10)
$
106
Accumulated Amortization
Acquis
itions
Disposal
and
writeoffs
$
$
-
-
Closing
balance
$
106
Opening
balance
Restated
(note 10)
$
60
Amortiz
ation
$
13
Disposal
and
writeoffs
$
-
Net Book Value
2013
Closing
balance
$
73
2014
$
Restated
(note 10)
33
$
46
Other
equipment
412
12
-
424
226
25
-
251
173
186
Motor
vehicles
758
-
28
730
352
104
28
428
302
406
1,222
802
-
2,024
587
314
-
901
1,123
635
Leasehold
improvements
Total
$
2,498
$
814
$
28
$
3,284
$
1,225
$
456
$
28
$
1,653
$
1,631
$
1,273
Page 14
Parole Board of Canada
Notes to the Financial Statements (Unaudited)
For the Year Ended March 31
8.
Related party transactions
The Board is related as a result of common ownership to all Government departments, agencies
and Crown Corporations. The Board enters into transactions with these entities in the normal
course of business and on normal trade terms. During the year, the Board received common
services which were obtained without charge from other government departments as disclosed
below.
(a) Common services provided without charge by other government departments
During the year, the Board received services without charge from certain common service
organizations related to accommodation, legal services, the employer’s contribution to the health
and dental insurance plans and workers' compensation coverage. These services provided
without charge have been recorded in the Board's Statement of Operations and Departmental Net
Financial Position as follows:
(in thousands of dollars)
Accommodation
$
Employer’s contribution to the health and dental
insurance plans
Legal services
2014
2013
4,019 $
3,706
3,016
2,995
318
288
2
2
Workers’ compensation
Total
$
7,355 $
6,991
The Government has centralized some of its administrative activities for efficiency, costeffectiveness purposes and economic delivery of programs to the public. As a result, the
Government uses central agencies and common service organizations so that one department
performs services for all other departments and agencies without charge. The costs of these
services, such as payroll and cheque issuance services provided by Public Works and Government
Services Canada and audit services provided by the Office of the Auditor General are not included
in the Board's Statement of Operations and Departmental Net Financial Position.
(b) Other transactions with related parties:
(in thousands of dollars)
Expenses – Other government departments and
agencies
$
2014
2013
9,826 $
9,208
Expenses disclosed in (b) exclude common services provided without charge, which are already
disclosed in (a).
Page 15
Parole Board of Canada
Notes to the Financial Statements (Unaudited)
For the Year Ended March 31
9. Segmented Information
Presentation by segment is based on the Board’s program alignment architecture. The presentation by segment is based on the same
accounting policies as described in the Summary of significant accounting policies in note 2. The following table presents the expenses
incurred and revenues generated for the main programs, by major object of expense and by major type of revenue. The segment results for
the period are as follows:
Conditional
Release
Decisions
Operating expenses
(in thousands of dollars)
Salaries and employee benefits
$
33,246
Record
Suspension
Decisions &
Clemency
Recommendation
Conditional
Release
Openness &
Accountability
$
5,085
$
Internal
Services
6,813
$
4,493
2013
Restated
(note 10)
2014
$
49,637
$
45,344
Accommodation
2,786
426
734
383
4,329
3,822
Professional and special services
1,960
621
417
439
3,437
3,517
Travel
1,511
113
29
92
1,745
1,797
Utilities, materials and supplies
460
-
3
449
912
964
Amortization of tangible capital assets
273
2
-
181
456
325
Relocation
166
-
-
-
166
359
Communication services
208
9
10
134
361
333
Information services
113
25
48
28
214
296
Postage, freight, express, and cartage
140
2
95
43
280
249
Rentals
86
7
33
26
152
132
Tenant Services
83
-
-
-
83
-
Other
43
-
4
-
47
90
Total Expenses
41,075
6,290
8,186
6,268
61,819
57,228
Regulatory fees
-
-
6,053
-
6,053
7,261
Miscellaneous revenues
7
-
-
-
7
7
(7)
-
(1,549)
-
(1,556)
(1,861)
-
-
4,504
-
4,504
5,407
Revenues earned on behalf of Government
Total revenues
Net cost of operations before
government funding and transfers
$
41,075
$
6,290
$
3,682
$
6,268
$
57,315
$
51,821
Page 16
Parole Board of Canada
Notes to the Financial Statements (Unaudited)
For the Year Ended March 31
10. Accounting Changes
During 2013-14, the Board decided to increase the threshold value for the recording of tangible capital
assets from $1,000 to those with an initial cost exceeding $5,000. This was done to more appropriately
reflect materiality. Acquisitions from $1,000 to 5,000 are now recorded as an expense in the year
acquired instead of being amortized over a number of years. These changes have been applied
retroactively, and comparative information for 2012-13 has been restated. The effect of this change is a
decrease of $1,015,717 in net book value of tangible capital assets. The significant changes to the
Board’s financial statements are described below.
(in thousands of dollars)
2013
As
previously
stated
Statement of Financial Position
Tangible capital assets (note 7)
Total non-financial assets
Departmental net financial position
$
Statement of Operations and Departmental Net
Financial Position
Expenses
Conditional release decisions
$
Conditional release openness and
accountability
Record suspension decisions and clemency
recommendations
Internal services
Total expenses
Net cost of operations before government
funding and transfers
Net cost of operations after government
funding and transfers
Departmental net financial position –
Beginning of year
Departmental net financial position –
End of year
Statement of Change in Departmental Net Debt
Net cost of operations after government
funding and transfers
Change due to tangible capital assets
Acquisition of tangible capital assets
Amortization of tangible capital assets
Total change due to tangible capital assets
$
2013
Effect of
Change
Restated
2,289 $
2,552
(950)
(1,016)
(1,016)
(1,016)
$
1,273
1,536
(1,966)
39,434 $
(21)
$
39,413
6,041
(1)
6,040
6,455
5
6,460
5,157
57,087
158
141
5,315
57,228
51,680
141
51,821
(1,237)
141
(1,096)
(2,187)
(875)
(3,062)
(950)
(1,016)
(1,966)
(1,237) $
810
(425)
74
141 $
(241)
100
(141)
(1,096)
569
(325)
(67)
Page 17
Parole Board of Canada
Notes to the Financial Statements (Unaudited)
For the Year Ended March 31
(in thousands of dollars)
2013
As
previously
stated
Statement of Cash Flow
Operating Activities
Net cost of operations before government
funding and transfers
Non cash items:
Amortization of tangible capital assets
Cash used in operating activities
Capital investing activities
Acquisition of tangible capital assets
Cash used in capital investing activities
$
2013
Effect of
Change
Restated
51,680 $
141
$
51,821
(425)
44,756
100
241
(325)
44,997
810
804
(241)
(241)
569
563
Page 18