ARCHIVED - National Energy Board - 2015-16 - Report on Plans and Priorities - Section III: Supplementary Information
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Section III: Supplementary Information
Future-Oriented Statement of Operations
The future-oriented condensed statement of operations provides a general overview of the National Energy Board’s operations. The forecast of financial information on expenses and revenues is prepared on an accrual accounting basis to strengthen accountability and to improve transparency and financial management.
Because the future-oriented condensed statement of operations is prepared on an accrual accounting basis, and the forecast and planned spending amounts presented in other sections of the Report on Plans and Priorities are prepared on an expenditure basis, amounts differ.
A more detailed future-oriented statement of operations and associated notes, including a reconciliation of the net cost of operations to the requested authorities, can be found on the NEB’s website[7].
| Financial Information | 2014–15 Estimated Results |
2015–16 Planned Results |
Difference |
|---|---|---|---|
| Total expenses | 95,128,619 | 91,503,210 | (3,625,409) |
| Total revenues | - | - | - |
| Net cost of operations | 95,128,619 | 91,503,210 | (3,625,409) |
The decrease in total expenses between 2014-15 and 2015-16 is primarily related to collective agreement costs included in 2014-15 but not impacting 2015-16.
Supplementary Information Tables
The supplementary information tables listed in the 2015-16 Report on Plans and Priorities can be found on the National Energy Board’s website.
- Departmental Sustainable Development Strategy;
- Disclosure of Transfer Payment Programs (TPP) under $5 million
- Upcoming Internal Audits and Evaluations Over the Next Three Fiscal Years.
Tax Expenditures and Evaluations
The tax system can be used to achieve public policy objectives through the application of special measures such as low tax rates, exemptions, deductions, deferrals and credits. The Department of Finance Canada publishes cost estimates and projections for these measures annually in the Tax Expenditures and Evaluations publication. The tax measures presented in the Tax Expenditures and Evaluations publication are the sole responsibility of the Minister of Finance.
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