CRA Annual Report to Parliament 2006-2007

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Canada Revenue Agency Financial Statements - Administered Activities

Canada Revenue Agency
Statement of Administered Assets and Liabilities

as at March 31
(in thousands of dollars)
2007
2006
ADMINISTERED ASSETS
Cash on hand
3,449,847
4,874,315
Amounts receivable from taxpayers (net of allowance for doubtful accounts of $6,392,320 in 2007 and $4,658,766 in 2006) (Note 3)
65,197,183
57,941,979
TOTAL ASSETS
68,647,030
62,816,294
ADMINISTERED LIABILITIES
Amounts payable to taxpayers (Note 4)
41,353,461
38,374,719
Amounts payable to provinces (Note 5)
415,078
211,037
Deposit accounts (Note 6)
56,927
49,646
41,825,466
38,635,402
Net amount due to the Consolidated Revenue Fund on behalf of the Government of Canada and others (Note 7)
26,821,564
24,180,892
TOTAL LIABILITIES
68,647,030
62,816,294
Contingent liabilities (Note 8)
The accompanying notes are an integral part of these financial statements.
Approved by:

William V. Baker
Commissioner and Chief Executive Officer

Connie I. Roveto, ICD.D
Chair, Board of Management



Date modified:
2007-11-01