Federal consolidated statement of change in debt

the following statement represents a ten year history of the consolidated statement of change in debt for the Government of Canada

Data extracted from Vol II Consolidated Financial Statements in the Federal Public Accounts


Consolidated statement of change in debt
$millions$ 2015-16 2014-15 2013-14 2012-13 2011-12 2010-11 2009-10 2008-09 2007-08 2006-07
Net Debt at Beginning of Year — 686,959 682,314 671,363 650,135 616,908 582,472 525,213 516,281 523,905 536,946
Accounting Changes and Restatement —
Accumulated sick leave entitlements 0 0 0 1,400 1,341 0 0 0 0 0
Unamortized premiums/disc. on the buy‑back of bonds 0 0 5,387 5,669 0 0 0 0 0 0
Loans expected to be repaid from future appropriations 0 0 1,563 1,795 0 0 0 0 0 0
Net Debt at Beginning of Year — Restated 686,959 682,314 678,313 658,999 618,249 582,472 525,213 516,281 523,905 536,946
Intl. Financial Reporting Standards transition adj. 0 0 0 0 3,337 0 0 0 0 0
Change in Net Debt during the Year —
Annual (Surplus) or Deficit 987 (1,911) 5,150 18,415 26,279 33,372 55,598 5,755 (9,597) (13,752)
Change due to Tangible Capital Assets —
Acquisition of tangible capital assets 8,015 7,204 7,129 7,175 6,976 8,061 7,136 6,249 5,957 4,789
Amortization of tangible capital assets (5,049) (5,090) (4,865) (5,184) (4,859) (4,756) (4,418) (4,176) (3,954) (3,807)
Proceeds from disposal of tangible capital assets (632) (954) (875) (407) (664) (447) (297) (608) (440) (202)
Net (loss) or gain on disposal of tangible capital assets 157 245 312 (390) (74) (244) (693) 686 576 (99)
Total change due to tangible capital assets 2,491 1,405 1,701 1,194 1,379 2,614 1,728 2,151 2,139 681
Change due to Inventories (29) (66) (137) 457 166 638 (156) 100 260 113
Change due to Prepaid Expenses 674 2,857 (53) (688) (167) (46) 300 608 (392) 396
Net (Decrease)/Increase in Net Debt due to Operations 4,123 2,285 6,661 19,378 27,657 36,578 57,470 8,614 (7,590) (12,562)
Other Comprehensive (Income) or Loss 2,669 2,360 (2,660) (64) 2,292 (2,142) (211) 318 (34) (479)
Net (Decrease) or Increase in Net Debt 6,792 4,645 4,001 19,314 29,949 34,436 57,259 8,932 (7,624) (13,041)
Net Debt at End of Year 693,751 686,959 682,314 678,313 651,535 616,908 582,472 525,213 516,281 523,905


Last Modified Date: 04/05/2017