CCRA Annual Report to Parliament 2002-2003 Financial Statements

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http://www.cra-arc.gc.ca/gncy/nnnl/2002-2003/fnncl-e/fn_stmt_dt_dmn13-eng.html

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8. Net amount due to the Consolidated Revenue Fund on behalf of the Government of Canada and others

The net cash deposited in the Consolidated Revenue Fund (CRF) of the Government of Canada includes all amounts collected on behalf of the Federal Government, provinces, territories and other organizations by the Agency and deposited in the CRF during the year.

The net amount due to the CRF on behalf of the Government of Canada and others is the difference between administered assets (taxes not yet collected and/or deposited in the CRF) and other administered liabilities payable by the Agency out of the CRF. The change in the net amount due to the CRF during the fiscal year is presented below:

2003
2002

(in thousands of dollars)

Net amount due to the Consolidated Revenue Fund on behalf of the Government of Canada and others at the beginning of the year
15,058,154
19,586,227

Total net administered revenues
238,005,647
233,744,019

Less provincial revenues paid directly to provinces:

Revenue administered for Nova Scotia Workers' Compensation
(172,649)
(178,859)

Provincial sales tax on tobacco and alcohol
(40,680)
(38,721)

Total administered expenses
(7,551,186)
(7,590,056)

Net cash deposited in the Consolidated Revenue Fund of the Government of Canada
(229,852,741)
(230,464,456)

Net amount due to the Consolidated Revenue Fund on behalf of the Government of Canada and others at the end of the year

15,446,545
15,058,154



Date modified:
2003-10-29