CRA Annual Report to Parliament 2006-2007

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http://www.cra-arc.gc.ca/gncy/nnnl/2006-2007/prfrmnc-e/fn_stmnt_dt_dmn12-eng.html

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Canada Revenue Agency Financial Statements - Administered Activities

Canada Revenue Agency
Notes to the Financial Statements - Administered Activities

7. Net amount due to the Consolidated Revenue Fund

The net amount due to the Consolidated Revenue Fund (CRF) on behalf of the Government of Canada and others is the difference between administered assets (taxes not yet received and/or deposited in the CRF) and other administered liabilities payable by the Agency out of the CRF.

The net cash deposited in the CRF of the Government of Canada includes amounts received on behalf of the federal government, provinces, territories, and other organizations by the Agency and deposited in the CRF, less refunds and payments issued from the CRF during the year.

The change in the net amount due to the CRF during the fiscal year is presented in the table below:
2007
2006
(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
24,180,892
20,954,487
Total net administered revenues
275,422,490
257,971,449
Provincial revenues paid directly to provinces:
Revenue administered for Nova Scotia workers’ compensation (Note 12)
(205,449)
(202,709)
Total net administered expenses and recoveries
(10,733,112)
(10,220,875)
Net cash deposited in the Consolidated Revenue Fund of the Government of Canada
(261,843,257)
(244,321,460)
Net amount due to the Consolidated Revenue Fund on behalf of the Government of Canada and others at the end of the year
26,821,564
24,180,892



Date modified:
2007-11-01