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Future-oriented Statement of Change in Departmental Net Debt

Future-oriented Statement of Change in Departmental Net Debt

For the year ended March 31
(in thousands of dollars)
  Planned Results
2014
Estimated Results
2013

Net cost of operations after government funding
406 (857)

Change due to tangible capital assets
Acquisition of tangible capital assets 100 1,281
Amortization of tangible capital assets (661) (221)
Gain on disposal of tangible capital assets - -
Total change due to tangible capital assets (561) 1,060

Change due to prepaid expenses
(1) 20

Net increase (decrease) in departmental net debt
(156) 222

Departmental Net Debt - Beginning of year
1,327 1,105

Departmental Net Debt - End of Year
1,171 1,327

The accompanying notes form an integral part of these future-oriented financial statements.