Abbreviated version of the Ontario net surplus (deficit)

the following statements are an abbreviated version of Ontario's net surplus deficit) and changes to the accumulated surplus (deficit) for the past ten years

data extracted from Schedule 1 in the Ontario Public Accounts


Return to Introduction - See Detailed Version of the Annual Deficit


Note: The annual Deficit/Surplus represents the difference between TOTAL REVENUES and TOTAL EXPENSES of the Province of Ontario


abbreviated version of ontario's net surplus (deficit) for the past ten years
2013-14 2012-13 2011-12 2010-11 2009-10 2008-09 2007-08 2006-07 2005-06 2004-05
(millions)
Total Revenue $115,911 $113,369 $109,773 $107,175 $95,793 $96,933 $97,122 $90,397 $84,225 $77,841
Less Total Expenses $126,364 $122,589 $122,742 $121,186 $115,055 $103,342 $96,522 $88,128 $83,927 $79,396
Annual (Deficit) Surplus ($10,453) ($9,220) ($12,969) ($14,011) ($19,262) ($6,409) $600 $2,269 $298 ($1,555)

Ontario's accumulated deficit for the past ten years
2013-14 2012-13 2011-12 2010-11 2009-10 2008-09 2007-08 2006-07 2005-06 2004-05
(millions)
Accumulated Deficit at beginning of year 167,132 158,410 144,573 130,957 113,238 105,617 106,776 109,155 125,743 124,188
School Boards Tangible Capital Asset Adjustment 0 0 0 0 453 0 0 0 0 0
IFRS Transitional Impact 0 0 758 0 0 0 0 0 0 0
PSAB Transitional Impact 0 141 107 0 0 0 0 0 0 0
Increase in Fair Value of Ontario Nuclear Funds 0 0 0 0 0 0 1,494 0 0 0
Restated Accumulated Deficit 167,132 158,551 145,438 130,957 112,785 105,617 105,282 109,155 125,743 124,188
Annual Deficit (Surplus) 10,453 9,220 12,969 14,011 19,262 6,409 ($600) ($2,269) ($298) 1,555
Less: Hydro Unfunded Liability Adjustment 0 0 0 0 0 0 0 ($110) 0 0
Change in Fair Value of Ontario Nuclear Funds ($951 ($639) 0 0 0 0 935 0 0 0
Less: Net Assets of Broader Public Sector Orgs 0 0 3 ($395) ($1,090) 1,212 0 0 ($16,290) 0
Accumulated Deficit (Surplus) at end of year 176,634 167,132 158,410 144,573 130,957 113,238 105,617 106,776 109,155 125,743

Last Modified Date: 04/05/2017