Financial Statements 2012-2013

The Office of the Registrar of the Supreme Court of Canada

Statement of Management Responsibility Including Internal Control over Financial Reporting
Statement of Financial Position (Unaudited)
Statement of Operations and Departmental Net Financial Position (Unaudited)
Statement of Change in Departmental Net Debt (Unaudited)
Statement of Cash Flows (Unaudited)
Notes to the Financial Statements (Unaudited)
Annex to the Statement of Management Responsibility Including Internal Control over Financial Reporting

 

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, 2013, and all information contained in these statements rests with the management of the Office of the Registrar of the Supreme Court of Canada (Office). 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 Office’s financial transactions. Financial information submitted in the preparation of the Public Accounts of Canada, and included in the Office'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; through communication programs aimed at ensuring that regulations, policies, standards, and managerial authorities are understood throughout the Office 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 ongoing process to identify key risks, to assess effectiveness of associated key controls, and to make necessary adjustments.

The Office will be subject to periodic Core Control Audits performed by the Office of the Comptroller General and will use the results of such audits to adhere to the Treasury Board Policy on Internal Control.

In the interim, the Office has undertaken a risk-based assessment of the system of ICFR for the year ended March 31, 2013, in accordance with the Treasury Board Policy on Internal Control, and the results and action plan are summarized in the annex.

The financial statements of the Office have not been audited.

 

Roger Bilodeau, Q.C., Registrar
Ottawa, Canada
August 30, 2013

 

Catherine Laforce, Chief Financial Officer

 

Statement of Financial Position (Unaudited)

As at March 31
(in dollars)

2013 2012
Liabilities
Accounts payable and accrued liabilities (note 4) $2,029,550 $1,476,389
Vacation pay and compensatory leave 824,626 897,384
Employee future benefits (note 5) 1,400,534 2,141,053
Security Deposit Account - Trust Account (note 6) 391,195 390,520
Judges' Supplementary Retirement Benefits Account (note 7) 1,788,936 1,706,386
Total net liabilities 6,434,841 6,611,732
 
Financial assets
Due from Consolidated Revenue Fund 4,241,171 3,472,494
Accounts receivable and advances (note 8) 76,649 76,106
Total gross financial assets 4,317,820 3,548,600
 
Financial assets held on behalf of Government
Accounts receivable and advances (note 8) (35,019) (23,651)
Total financial assets held on behalf of Government (35,019) (23,651)
 
Total net financial assets 4,282,801 3,524,949
 
Departmental net debt 2,152,040 3,086,783
 
Non-financial assets
Prepaid expenses 106,494 149,505
Tangible capital assets (note 9) 1,230,118 2,264,662
Total non-financial assets 1,336,612 2,414,167
 
Departmental net financial position $(815,428) $(672,616)

Contractual obligations (note 10)

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

 

Roger Bilodeau, Q.C., Registrar
Ottawa, Canada
August 30, 2013

 

Catherine Laforce, Chief Financial Officer

Statement of Operations and Departmental Net Financial Position (Unaudited)

For the Year Ended March 31
(in dollars)

2013
Planned Results
Restated
2013 2012
Expenses
Court operations $23,708,549 $20,841,472 $19,537,469
Payments to the Judges 5,718,380 6,025,983 5,724,347
Internal services 11,294,732 14,495,852 16,687,051
Expenses incurred on behalf of Government (1,927) (207) 341
Total expenses 40,719,734 41,363,100 41,949,208
 
Revenues
Sale of information documents and other fees 137,889 136,173 151,612
Pension contribution revenues 36,115 49,706 33,545
Revenues earned on behalf of Government (167,504) (185,070) (184,220)
Total revenues 6,500 809 937
 
Net cost of operations before government funding $40,713,234 41,362,291 41,948,271
 
Government funding
Net cash provided by Government   30,483,832 31,531,454
Change in due from Consolidated Revenue Fund   768,677 (161,238)
Services provided without charge by other government departments (note 11)   9,966,970 9,793,226
Net cost of operations after government funding   142,812 784,829
 
Departmental net financial position - Beginning of year   (672,616) 112,213
 
Departmental net financial position - End of year   $(815,428) $(672,616)

Segmented information (note 12)

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

Statement of Change in Departmental Net Debt (Unaudited)

For the Year Ended March 31
(in dollars)

2013 2012
Net cost of operations after government funding $142,812 $784,829
 
Change due to tangible capital assets:
Acquisitions of tangible capital assets 204,171 154,937
Amortization of tangible capital assets (1,235,503) (1,465,633)
Proceeds from disposal of tangible capital assets (814) (937)
Net gain (loss) on disposal of tangible capital assets including adjustments (2,398) 937
Total change due to tangible capital assets (1,034,544) (1,310,696)
 
Change due to prepaid expenses (43,011) 13,167
 
Net increase (decrease) in departmental net debt (934,743) (512,700)
 
Departmental net debt - Beginning of year 3,086,783 3,599,483
 
Departmental net debt - End of year $2,152,040 $3,086,783

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

Statement of Cash Flows (Unaudited)

For the Year Ended March 31
(in dollars)

2013 2012
Operating activities
Net cost of operations before government funding $41,362,291 $41,948,271
Non-cash items:
Amortization of tangible capital assets (1,235,503) (1,465,633)
Gain (loss) on disposal of tangible capital assets (2,398) 937
Services provided without charge from other government departments (note 11) (9,966,970) (9,793,226)
 
Variations in Statement of Financial Position:
Increase (decrease) in accounts receivable and advances (10,825) (9,837)
Increase (decrease) in prepaid expenses (43,011) 13,167
Decrease (increase) in accounts payable and accrued liabilities (553,161) 236,808
Decrease (increase) in vacation pay and compensatory leave 72,758 (129,347)
Decrease (increase) in employee future benefits 740,519 667,605
Decrease (increase) in Security Deposit Account - Trust Account (675) (654)
Decrease (increase) in Judges' Supplementary Retirement Benefits Account (82,550) (90,637)
Cash used by operating activities 30,280,475 31,377,454
 
Capital investing activities
Acquisitions of tangible capital assets 204,171 154,937
Proceeds from disposal of tangible capital assets (814) (937)
Cash used by capital investing activities 203,357 154,000
 
Net Cash provided by Government of Canada $30,483,832 $31,531,454

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

Notes to the Financial Statements (Unaudited)

For the Year Ended March 31

1. Authority and objectives

The Supreme Court of Canada is Canada’s final court of appeal. It serves Canadians by deciding legal issues of public importance, thereby contributing to the development of all branches of law applicable within Canada. The independence of the Court, the quality of its work and the esteem in which it is held both in Canada and abroad contribute significantly as foundations for a secure, strong and democratic country founded on the Rule of Law. In accordance with the Supreme Court Act, the Supreme Court of Canada consists of the Chief Justice and the eight puisne judges. The Supreme Court of Canada is an important national institution, positioned at the pinnacle of the judicial branch of government in Canada.

The Office of the Registrar of the Supreme Court of Canada (Office) provides all necessary services and support for the Court to process, hear and decide cases.  It also serves as the interface between litigants and the Court.

The Office has a single strategic outcome: The administration of Canada's final court of appeal is effective and independent. This strategic outcome is further supported by three programs: Court operations; Process payment of various allowances to Judges of the Supreme Court of Canada, pursuant to the Judges Act (payments to the Judges); and Internal services.

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.

Significant accounting policies are as follows:

  1. Parliamentary authorities – The Office is financed by the Government of Canada through Parliamentary authorities. Financial reporting of authorities provided to the Office 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 in 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 2012-13 Report on Plans and Priorities.The future-oriented financial statements for 2012-2013 have been restated to reflect the revenue net of non-respendable amounts and any related expenses. This restatement resulted in a $165,577 increase in net costs of operations before government funding. In addition, the future-oriented financial statements have also been reclassified to conform to the current year presentation.
  2. Net Cash provided by Government – The Office operates within the Consolidated Revenue Fund (CRF), which is administered by the Receiver General for Canada. All cash received by the Office is deposited to the CRF, and all cash disbursements made by the Office 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.
  3. 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 Office is entitled to draw from the CRF without further authorities to discharge its liabilities.
  4. Revenues
    • Sales and 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 Office's liabilities. While the Deputy Head is expected to maintain accounting control, he has no authority regarding the disposition of non-respendable revenues. As a result, non-respendable revenues are considered to be earned on behalf of the Government of Canada and are therefore presented in reduction of the Office's gross revenues.
  5. 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 from other government departments for accommodation, employer contributions to the health and dental insurance plans, workers' compensation, interpretation services, security services and legal services are recorded as operating expenses at their estimated cost.
  6. Employee and federally appointed Supreme Court of Canada judges future benefits
    1. Employee pension benefits: Eligible employees participate in the Public Service Pension Plan, a multiemployer pension plan administered by the Government. The Office’s contributions to the Plan are charged to expenses in the year incurred and represent the total departmental obligation to the Plan. The Office'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.
    2. Employee 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.
    3. Federally appointed judges pension benefits: Eligible federally appointed judges and their survivors are entitled to fully-indexed annuities providing that the judges meet minimum age and service requirements. The main benefits paid from this plan are recorded on a pay-as-you-go basis. They are included in the Statement of Operations and Departmental Net Financial Position as a component of salaries and benefits, and the judges' contributions are credited to revenues. Contributions made by the Office and the judges pertaining to the portion of the plan that relates to indexation of benefits are recorded in the Judges' Supplementary Retirement Benefits Account, which is presented in the Statement of Financial Position. The Office's contribution towards indexation is expensed at the time it is accrued in accordance with the Supplementary Retirement Benefits Act. The actuarial liability associated with the judges' pension plan is recorded in the financial statements of the Government of Canada, the ultimate sponsor of the Plan.
  7. Accounts receivable and advances are stated at the lower of cost and net recoverable value. A valuation allowance is recorded for accounts receivable and advances where recovery is considered uncertain.
  8. 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 Office 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 Amortization Period
    Machinery and equipment 3 to 10 years
    Computer equipment 3 to 10 years
    Computer software 3 to 10 years
    Office furniture and equipment 5 to 10 years
    Motor vehicles 3 years
    Leasehold improvements 5 years


    Assets under construction are recorded in the applicable capital asset class in the year that they become available for use and are not amortized until they become available for use.
  9. 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 Office 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 Office 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:

a. Reconciliation of net cost of operations to current year authorities used
(in dollars)

2013 2012
Net cost of operations before government funding $41,362,291 $41,948,271
Adjustments for items affecting net cost of operations but not affecting authorities:
Amortization of tangible capital assets (1,235,503) (1,465,633)
Gain (loss) on disposal of capital assets (2,398) 937
Services provided without charge by other government departments (9,966,970) (9,793,226)
Decrease (increase) in vacation pay and compensatory leave 72,758 (129,347)
Decrease (increase) in employee future benefits 797,833 667,605
Refund of prior year's expenditures 30,647 58,477
Total items affecting net cost of operations but not affecting authorities 31,058,658 31,287,084
 
Adjustments for items not affecting net cost of operations but affecting authorities:
Acquisition of tangible capital assets 204,171 154,937
Increase (decrease) in prepaid expenses (43,011) 13,167
Total items not affecting net cost of operations but affecting authorities 161,160 168,104
 
Current year authorities used $31,219,818 $31,455,188

b. Authorities provided and used
(in dollars)

2013 2012
Authorities provided:
Vote 50 - Operating expenditures $23,503,770 $24,330,899
Contributions to employee benefits plan 2,770,378 2,707,204
Judges' salaries, allowances and annuities 6,025,983 5,724,347
Proceeds from disposal of Crown Assets 1,751 8,002
Refund of previous year's revenues 5 -
Less:
Authorities available for future years (814) (937)
Lapsed: Operating (1,080,318) (1,307,262)
Lapsed: Proceeds from disposal of Crown Assets (937) (7,065)
 
Current year authorities used $31,219,818 $31,455,188

4. Accounts payable and accrued liabilities

The following table presents details of the Office's accounts payable and accrued liabilities:
(in dollars)

2013 2012
Accounts payable to other government departments and agencies $1,097,791 $318,750
Accounts payable to external parties 343,148 545,821
Total accounts payable 1,440,939 864,571
Accrued liabilities 588,611 611,818
Total accounts payable and accrued liabilities $2,029,550 $1,476,389

5. Employee future benefits

  1. Pension benefits - The Office’s employees participate in the Public Service Pension Plan, which is sponsored and administered by the Government. 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/Québec Pension Plans benefits and they are indexed to inflation.

    Both the employees and the Office contribute to the cost of the Plan. The 2012-2013 expense amounts to $1,978,050 ($1,946,480 in 2011-2012), which represents approximately 1.7 times (1.8 in 2011-2012) the contributions by employees.

    The Office'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.
  2. Severance benefits - The Office 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. Information about the severance benefits has been measured as at March 31.

    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 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.

    (in dollars)
    2013 2012
    Accrued benefit obligation - Beginning of year $2,141,053 $2,808,658
    Expense for the year (169,647) 639,049
    Benefits paid during the year (570,872) (1,306,654)
    Accrued benefit obligation - End of year $1,400,534 $2,141,053

 

6. Security Deposit Account - Trust Account

The following table presents details of the Office's Trust Account liability:
(in dollars)

2013 2012
Liability - Beginning of year $390,520 $389,866
Deposits 1,000 1,500
Interest 187 167
Reimbursements (512) (1,013)
Liability - End of year $391,195 $390,520

The Security Deposit Account was established to record security to the value of $500 deposited by an Appellant with the Registrar of the Supreme Court of Canada in accordance with paragraph 60(1)(b) of the Supreme Court Act. As per section 87 of the Rules of the Supreme Court of Canada, interest is paid on money deposited as security.

7. Judges' Supplementary Retirement Benefits Account (SRBA)

The following table presents details of the Office's SRBA liability:
(in dollars)

2013 2012
Liability - Beginning of year $1,706,386 $1,615,749
Contributions 59,970 59,460
Interest 22,580 31,177
Liability - End of year $1,788,936 $1,706,386

The Judges' Supplementary Retirement Benefits Account records contributions made by judges of the Supreme Court of Canada and the matching contributions made by the Office in accordance with the SRBA Act and the Judges Act.

8. Accounts receivable and advances

The following table presents details of the Office's accounts receivable and advances balances:

(in dollars)

2013 2012
Receivables from other government departments and agencies $41,705 $52,530
Receivables from external parties 18,792 7,630
Standing advances 16,650 16,650
Subtotal 77,147 76,810
Allowance for doubtful accounts on receivables from external parties (498) (704)
Gross accounts receivable 76,649 76,106
Account receivable held on behalf of Government (35,019) (23,651)
Net accounts receivable $41,630 $52,455

9. Tangible capital assets

(in dollars)

Cost

Capital Asset Class

Opening Balance Acquisitions Adjustments (1) Disposals and Write-offs Closing Balance
Machinery and equipment $973,765 $31,892 $- $- $1,005,657
Computer equipment 856,657 16,499 - (14,612) 858,544
Computer software 767,701 20,683 - (169,561) 618,823
Office furniture and equipment 1,841,506 52,379 30,145 (8,759) 1,915,271
Motor vehicles 162,021 - - - 162,021
Leasehold improvements 9,726,134 19,598 - - 9,745,732
Assets under construction 48,512 63,120 (30,145) - 81,487
Total $14,376,296 $204,171 $- $(192,932) $14,387,535

 

Accumulated Amortization

Capital Asset Class Opening Balance Amortization Disposals and Write-offs Closing Balance
Machinery and equipment $737,846 $113,258 $- $851,104
Computer equipment 771,997 43,244 (14,612) 800,629
Computer software 529,703 58,245 (169,561) 418,387
Office furniture and equipment 1,350,004 95,375 (5,547) 1,439,832
Motor vehicles 151,988 10,033 - 162,021
Leasehold improvements 8,570,096 915,348 - 9,485,444
Assets under construction - - - -
Total $12,111,634 $1,235,503 $(189,720) $13,157,417

 

Net Book Value

Capital Asset Class 2013 2012
Machinery and equipment $154,553 $235,919
Computer equipment 57,915 84,660
Computer software 200,436 237,998
Office furniture and equipment 475,439 491,502
Motor vehicles - 10,033
Leasehold improvements 260,288 1,156,038
Assets under construction 81,487 48,512
Total $1,230,118 $2,264,662


(1) Adjustments include assets under construction of $30,145 that were transferred to Office furniture and equipment upon completion of the assets.

10. Contractual obligations

The nature of the Office's activities can result in some large multi-year contracts and obligations whereby the Office will be obligated to make future payments when the services/goods are received. Significant contractual obligations that can be reasonably estimated are summarized as follows:

(in dollars)

2014 2015 2016 2017 2018 and thereafter Total
Goods and Services $292,739 $6,820 $-

$-

$- $299,559
Operating leases 181,254 - - - - 181,254
Total $473,993 $6,820 $- $- $- $480,813

11. Related party transactions

The Office is related as a result of common ownership to all government departments, agencies, and Crown corporations. The Office enters into transactions with these entities in the normal course of business and on normal trade terms. During the year, the Office 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 Office received services without charge from certain common service organizations, related to accommodation, the employer's contribution to the health and dental insurance plans, workers' compensation coverage, interpretation services, security services and legal services. These services provided without charge have been recorded in the Office's Statement of Operations and Departmental Net Financial Position as follows:

(in dollars)

2013 2012
Accommodation $5,258,457 $5,329,010
Security services 2,964,331 3,042,008
Employer's contribution to health and dental insurance plans 1,507,004 1,219,872
Interpretation services 187,163 161,975
Worker's compensation 44,666 40,361
Legal services 5,349 -
Total $9,966,970 $9,793,226

 

The Government has centralized some of its administrative activities for efficiency, cost-effectiveness 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 the 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 Office's Statement of Operations and Departmental Net Financial Position.

b. Other transactions with related parties

(in dollars)

2013 2012
Expenses - Other government departments and agencies $6,385,872 $5,612,989
Revenues - Other government departments and agencies $55,344 $38,671

12. Segmented information

Presentation by segment is based on the Office'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:

(in dollars)

Court Operations Payments to the Judges Internal Services 2013
Total
2012
Total
Operating Expenses
Salaries and employee benefits $14,358,182 $5,629,977 $6,347,225 $26,335,384 $25,779,967
Accommodation 3,563,130 - 1,695,327 5,258,457 5,329,010
Professional services 1,005,030 53,957 3,709,238 4,768,225 5,682,426
Amortization of tangible capital assets - - 1,235,503 1,235,503 1,465,633
Library materials 1,040,616 4,628 5,357 1,050,601 1,127,611
Travel 512,108 314,103 12,974 839,185 884,716
Equipment rental 109,554 - 537,258 646,812 145,518
Materials, office supplies and equipment 87,364 21,388 503,555 612,307 825,433
Telecommunications services 19,790 1,435 264,401 285,626 306,288
Printing services 118,453 - 34,031 152,484 212,127
Repairs and maintenance 4,982 429 121,184 126,595 102,097
Postage and courier 22,231 66 26,782 49,079 88,034
Other 32 - 3,017 3,049 7
Expenses incurred on behalf of Government - -

(207)

(207) 341
Total operating expenses 20,841,472 6,025,983 14,495,645 41,363,100 41,949,208
 
Revenues
Sale of information documents and other fees - - 136,173 136,173 151,612
Pension contribution revenues - 49,706 - 49,706 33,545
Revenues earned on behalf of Government - (49,706) (135,364) (185,070) (184,220)
Total Revenues - - 809 809 937
 
Net cost of operations before government funding $20,841,472 $6,025,983 $14,494,836 $41,362,291 $41,948,271

13. Comparative information

Comparative figures have been reclassified to conform to the current year's presentation.