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Statement of Operations and Departmental Net Financial Position (Unaudited)

Statement of Operations and Departmental Net Financial Position (Unaudited)

For the year ended March 31
(in dollars)
  Planned
Results
2012
2012 Restated
(note 9)
2011
Expenses
Adjudication, mediation and compensation analysis and research 12,311,000 10,899,114 10,882,526
Internal Services 5,368,000 4,512,156 4,191,776
Total Expenses 17,680,000 15,411,270 15,074,302

Net cost of operations before government funding
17,680,000 15,411,270 15,074,302

Government funding
Net cash provided by Government   13,700,928 12,317,506
Change in due from Consolidated Revenue Fund   (296,022) (484,096)
Services provided without charge by other government departments (note 7)   3,110,270 2,767,388
Net cost of operations after government funding   (1,103,906) 473,504

Net financial position - Beginning of year
  (1,489,363) (1,015,859)
Net financial position - End of year   (385,457) (1,489,363)

Segmented information (note 8)

The accompanying notes form an integral part of the financial statements.