CRA Annual Report to Parliament 2007-2008 - Audited Financial Statements – Agency Activities

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

	2008	2007
Net liabilities, beginning of year	(70,433)	(268,935)
Net cost of operations	(3,548,108)	(3,448,547)
Current year Parliamentary appropriations used (Note 3(a))	3,609,138	3,201,564
Non-tax revenue not credited to Vote 1 (Note 3(c))	(217,082)	(184,451)
Change in net cash not affecting appropriations in the current year (Note 3(c))	(69,886)	71,889
Services received without charge from other government agencies and departments (Note 11)	211,053	436,296
Change in Due from the Consolidated Revenue Fund	(95,252)	121,751
NET LIABILITIES, END OF YEAR	(180,570)	(70,433)
The accompanying notes are an integral part of these financial statements.