CRA Annual Report to Parliament 2007-2008 - Canada Revenue Agency Financial Statements – Administered Activities

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for the year ended March 31
(in thousands of dollars)

		2008	2007
Federal administered revenues
Income Tax Revenues
	Personal and trust	113,157,564	110,574,565
	Corporate	40,627,679	37,745,403
	Non-resident	5,692,904	4,876,871
		159,478,147	153,196,839
Other Taxes, Duties and Charges
	Goods and Services Tax (Note 9)	11,547,915	11,108,769
	Energy taxes	5,047,662	5,070,665
	Other Excise taxes and duties	3,156,001	3,189,945
	Miscellaneous charges (Note 10)	807,621	1,080,083
		20,559,199	20,449,462
Total Tax Revenues		180,037,346	173,646,301
Employment Insurance Premiums		16,877,137	17,109,170
Interest, penalties and other revenues (Note 11)		5,198,578	4,150,639
Revenues Administered on behalf of the Government of Canada		202,113,061	194,906,110
Interest expense		(1,055,683)	(716,913)
Net Revenues Administered on behalf of the Government of Canada		201,057,378	194,189,197
Provincial and Territorial Governments and First Nations administered revenues
Income Tax Revenues
	Personal and trust	50,249,280	47,201,421
	Corporate	4,834,497	3,995,943
		55,083,777	51,197,364
Harmonized Sales Tax		1,039,154	942,514
Other Revenues (Note 12)		235,627	216,323
Revenues Administered on behalf of Provincial and Territorial Governments and First Nations		56,358,558	52,356,201
Revenues Administered on behalf of the Canada Pension Plan ( Note 13 )		35,437,908	32,455,339
Total Net Administered Revenues		292,853,844	279,000,737
The accompanying notes are an integral part of these financial statements.