Quarterly Financial Report (QFR) for the quarter ended June 30, 2026
On this page
- 1. Introduction
- 2. Highlights of fiscal-quarter and fiscal-year-to-date results
- 3. Risks and uncertainties
- 4. Significant changes in relation to programs, operations and personnel
Tables
- Year-to-date variances in authorities available for use (in millions of dollars)
- Year-to-date variances in net budgetary expenditures (presented by standard object) (in millions of dollars)
- Table 1: Statement of authorities (unaudited) for the quarter ended June 30, 2026
- Table 2: Departmental budgetary expenditures by standard object (unaudited) for the quarter ended June 30, 2026
1. Introduction
This quarterly report has been prepared by management as required by section 65.1 of the Financial Administration Act in the form and manner prescribed by the Treasury Board. This report should be read in conjunction with the Main Estimates – 2026–27 Estimates and Supplementary Estimates (A), 2026–27. This report has not been subject to an external audit or review. This report has not been subject to an external audit or review.
Our North, Strong and Free: A Renewed Vision for Canada is Canada’s updated defence policy that seeks to strengthen the foundations of the military as well as deter and defeat new and accelerating threats with new capabilities. The renewed vision is focused on meeting these challenges by:
- Asserting Canadian sovereignty: The top priority of the Canadian Armed Forces (CAF) is the defence of Canada and Canadians with the overall objective of ensuring Canada’s military has the people, equipment, training and infrastructure needed to detect, deter and defeat threats in, over and approaching Canada—in the air, on land, on and under the sea, and in space and cyberspace.
- Defending North America: Prioritizing the defence of Canada also contributes to deterring and defeating threats to the continent that is shared with the United States, Canada’s closest ally.
- Advancing Canada’s global interests and values: The international order that underpins Canada’s security and prosperity is endangered by the forces of competition and instability. To help safeguard Canada, the CAF will continue to make valuable contributions to global efforts to deter major power conflict, confront terrorism and insurgency, and address instability.
- A strategic approach to national security: Instability at home and abroad is increasing quickly. Canada will adapt its approach to security and defence to be prepared for these challenges that will include unanticipated developments, with technological disruption and geopolitical shocks complicating the ability to plan. Canada will therefore adapt faster and in a more integrated manner to ensure the advancement of Canadian interests and remain secure and prosperous in years to come.
The DND continues to carry out its mandate to achieve results related to eight core responsibilities as well as internal services. A summary description of these core responsibilities can be found in the Departmental Plan 2026–27. Additionally, effective April 1, 2026, Transport Canada’s Aircraft Services Directorate transitioned to the DND, joining the Canadian Coast Guard and strengthening the Defence Team’s aviation and operational capabilities.
1.1. Basis of presentation
This quarterly report has been prepared by management using an expenditure basis of accounting. The accompanying statement of authorities includes DND’s spending authorities granted by Parliament and used by DND consistent with the Main Estimates and the Supplementary Estimates (A) for the 2026–27 fiscal year. This quarterly report has been prepared using a special-purpose financial reporting framework designed to meet financial information needs with respect to the use of spending authorities.
The authority of Parliament is required before money can be spent by the Government. Approvals are given in the form of annually approved limits through appropriation acts, or through legislation in the form of statutory spending authority for specific purposes.
DND uses the full accrual method of accounting to prepare and present its annual consolidated departmental financial statements, which are part of the departmental results reporting process. However, the spending authorities voted by Parliament remain on an expenditure basis. The main difference between the quarterly financial reports and the consolidated departmental financial statements is the timing of when revenues and expenses are recognized. The quarterly financial report includes revenues only when the money is received and expenses only when the money is paid out. The consolidated departmental financial statements report revenues when they are earned and expenses when they are incurred. In the latter case, revenues are recorded even if cash has not been received and expenses are incurred even if cash has not yet been paid out.
2. Highlights of fiscal-quarter and fiscal-year-to-date results
This section provides financial highlights and explanations for differences between the fiscal- quarter and fiscal-year-to-date results for the quarter ended on June 30, 2026, and the results of the same period last year.
2.1. Statement of authorities
When compared to those of the same period of the previous year, the DND’s year-to-date budgetary authorities available for use have increased by $7,538.2 million. As reflected in Table 1: Statement of authorities, the total budgetary authorities increased from $44,360.1 million in 2025–26 to $51,898.2 million in 2026–27. Major reasons for the changes are outlined below.
| Initiative | Operating (Vote 1) |
Capital (Vote 5) |
Grants and contributions (Vote 10) |
Budgetary statutory authorities | Total variancesFootnote * |
|---|---|---|---|---|---|
| Canadian Coast Guard | 946.9 | 3,004.0 | 31.6 | 106.7 | 4,089.2 |
| Capital equipment and infrastructure projects | 252.1 | 1,546.3 | 21.1 | 17.3 | 1,836.9 |
| Infrastructure, Maintenance, Repair and Sustainment | 946.1 | 706.0 | 0.0 | 5.0 | 1,657.1 |
| Arctic Over-the-Horizon Radar (A-OTHR) | 173.2 | 992.0 | (10.0) | 0.5 | 1,155.7 |
| Operation and sustainment (fleet maintenance) of military capabilities and operating requirements | 659.2 | 20.6 | 0.0 | 0.2 | 680.0 |
| Domestic Ammunition Production Initiative and 30 Strategic Days of Supply | 174.6 | (2.6) | 366.2 | 0.4 | 538.5 |
| Military Operations | 201.2 | 68.3 | 7.2 | 14.5 | 291.3 |
| CAF Healthcare | 210.3 | 3.3 | 0.0 | 1.0 | 214.6 |
| Future Aircrew Training Program | (56.8) | 187.2 | 0.0 | 0.1 | 130.5 |
| North Atlantic Treaty Organizaiton Readiness Initiative | (78.0) | (38.6) | 0.0 | 0.0 | (116.6) |
| Advanced Short-Range Missiles and Medium-Range Air-to-Air Missiles | (117.6) | (1.4) | 0.0 | 0.0 | (119.0) |
| Miscellaneous deparemental requirements | (435.8) | 20.7 | 94.6 | 87.0 | (233.5) |
| Pay administration - Canadian Armed Forces and Federal public servants | (286.0) | 0.0 | 0.0 | (33.2) | (319.1) |
| Military Assistance to Ukraine | 0.0 | 0.0 | (350.0) | 0.0 | (350.0) |
| Funding for defence research and development and support for the Canadian defence industry | (599.9) | 0.0 | (1,318.0) | 0.5 | (1,917.4) |
| Cumulative variance in authorities available for use | 1,989.4 | 6,505.8 | (1,157.3) | 200 | 7,538.2 |
Note: Numbers may not add up due to rounding.
The year-to-date net increase in authorities of $7,538.2 million over the first quarter in 2026–27 can be explained by variances in funding for a number of initiatives:
Canadian Coast Guard (increase of $4,089.2 million)
On September 2, 2025, following an Order in Council, the Canadian Coast Guard (CCG) officially moved from the Department of Fisheries and Oceans Canada (DFO) to the DND. The net increase in funding pertains to the transfer of the control and supervision of the CCG from DFO to DND.
Capital equipment and infrastructure projects (increase of $1,836.9 million)
The net increase in funding is due to modifications to the multi-year spending profile of capital equipment and infrastructure projects. These adjustments serve to align financial resources with project acquisition timelines. The increase is mainly related to the Airlift Capability Project - Multi-role Flight Service, River-Class Destroyer project, the Future Fighter Capability Project, and the Strategic Tanker Transport Capability project. These increases are partially offset by decreases related to the Canadian Multi-Mission Aircraft project and the Brigade Communications Information Systems project.
Infrastructure Maintenance, Repair and Sustainment (increase of $1,657.1 million)
The increase is primarily due to incremental funding for infrastructure sustainment, approved as part of defence initiatives to achieve the NATO target of 2 percent of Canada’s Gross Domestic Product (GDP) in defence spending and accessed through the 2026–27 Main Estimates. This funding is for the repair and sustainment of existing DND/CAF infrastructure to maximize operational readiness and support CAF members.
Arctic Over-the-Horizon Radar (A-OTHR) (increase of $1,155.7 million)
The increase in funding is due to a significantly greater amount of funding accessed through the 2026-27 Main Estimates than through the 2025-26 Supplementary Estimates (A). Funding for advancing a national radar system capability in coordination with the United States’ solutions, which will make a significant contribution to NORAD modernization, by providing enhanced radar coverage of Canada’s northern and northeastern approaches, improving coverage for Canadian and American national capital regions.
Operation and sustainment (fleet maintenance) of military capabilities and operating requirements (increase of $680.0 million)
The DND received additional funding to support ongoing operating and capital requirements and meet sustainment growth and inflationary pressures on the defence budget.
Domestic Ammunition Production Initiative and 30 Strategic Days of Supply (increase of $538.5 million)
Funding for Domestic Ammunition Production initiative to establish domestic production capability for a specific ammunition variant used by the CAF. Funding for the 30 Strategic Days of Supply initiative to establish a 30-day strategic ammunition reserve by procuring a range of ammunition types to support CAF operational readiness.
Military Operations (increase of $291.3 million)
The increase is due to funding for CAF Northern Operations to secure Canada's presence in the Arctic, enhance Arctic surveillance, and strengthen rapid response capabilities. In addition, incremental funding for Operation REASSURANCE (Central and Eastern Europe) and Operation AMARNA (Middle East) was accessed through the 2026–27 Estimates processes.
CAF Healthcare (increase of $214.6 million)
The increase is due to incremental funding for CAF Healthcare, approved as part of defence initiatives to achieve 2 percent of GDP in core defence spending and accessed through the 2026–27 Main Estimates. This funding is for the CAF Healthcare to address critical health workforce gaps, stabilize health data and digital systems, and address capability gaps for medical and dental equipment.
Future Aircrew Training Program (increase of $130.5 million)
The increase is primarily due to a greater amount of funding being accessed through the 2026–27 Main Estimates than through the 2025–26 Main Estimates. The funding profile was adjusted to align with the acquisition payment schedule for the delivery of flight training for current and future Royal Canadian Air Force aircrew, as well as the procurement of training aircraft and associated ground-based training systems.
North Atlantic Treaty Organization (NATO) Readiness Initiative (decrease of $116.6 million)
The decrease is primarily due to no incremental funding being sought through the 2026–27 estimates processes for the Budget 2021 NATO Readiness Initiative in support of the frigate and fighter aircraft projects.
Advanced Short-Range Missiles (ASRM) and Medium-Range Air-to-Air Missiles (MRAAM) (decrease of $119.0 million)
Funding for the procurement of advanced short-range missiles and medium-range air-to-air missiles, including spare parts, training, software, and technical support. The decrease reflects an approved reprofile for both ASRM and MRAAM, which moved funding to later fiscal years.
Miscellaneous departmental requirements (decrease of $233.5 million)
The net decrease is due to miscellaneous funding variances, including reductions in baseline funding following the Comprehensive Expenditure Review and Refocusing Government Spending exercises which was partially offset by the increase in funding associated with Fleet Equipment Readiness and NORAD modernization science and technology.
Pay administration – Canadian Armed Forces and Federal public servants (decrease of $319.1 million)
The decrease is primarily due to a greater amount of funding related to CAF reconstitution incentives and compensation being accessed through the 2025–26 Supplementary Estimates (A) than through the 2026–27 Main Estimates. This was partially offset by increased funding related to adjustments to the terms and conditions of service or employment of the federal public administration under various collective agreements.
Military Assistance to Ukraine (decrease of $350.0 million)
The decrease primarily reflects the profile of funding requirements presented through the Estimates process. Significantly more funding for these initiatives was made available through Supplementary Estimates (A), 2025-26, following the Prime Minister's June 9, 2025 announcement of over $9 billion in new funding to rebuild, rearm, and reinvest in the Canadian Armed Forces; establish the new Defence Investment Agency; launch Canada's first Defence Industrial Strategy; and strengthen Canada's sovereignty and security. These milestone investments enabled Canada to achieve NATO's defence spending target of 2% of GDP in 2025-26. As such, the variance reflects the funding authorities sought during the reporting period and does not represent a reduction in the Government of Canada's ongoing commitment to supporting Ukraine.
Funding for defence research and development and support for the Canadian defence industry (decrease of $1,917.4 million)
The decrease primarily reflects the profile of funding requirements presented through the Estimates process. Significantly more funding for these initiatives was made available through Supplementary Estimates (A), 2025-26, following the Prime Minister's June 9, 2025 announcement of over $9 billion in new funding to rebuild, rearm, and reinvest in the Canadian Armed Forces; establish the new Defence Investment Agency; launch Canada's first Defence Industrial Strategy; and strengthen Canada's sovereignty and security. These milestone investments enabled Canada to achieve NATO's defence spending target of 2% of GDP in 2025-26. Accordingly, the variance reflects the funding authorities sought during the reporting period and does not represent a reduction in the Government of Canada's commitment to defence innovation, research and development, or support for the Canadian defence industry
2.2. Departmental budgetary expenditures by standard object
When compared to those of the same quarter of the previous fiscal year, DND’s year-to-date total net budgetary expenditures have increased by $2,886.1 million. As reflected in Table 2: Departmental budgetary expenditures by standard object, the expenditures increased from $6,442.9 million in 2025–26 to $9,329.1 million in 2026–27.
| Standard object | 2026–27 Year-to-date used at quarter end |
2025–26 Year-to-date used at quarter end |
Year-to-date variance |
|---|---|---|---|
| Professional, special & other services | 1,974.9 | 967.0 | 1,007.9 |
| Transfer payments | 726.2 | 113.6 | 612.6 |
| Personnel | 3,703.2 | 3,113.1 | 590.1 |
| Acquisition of machinery and equipment | 1,615.2 | 1,343.4 | 271.8 |
| Acquisition of land, buildings and works | 232.0 | 124.7 | 107.3 |
| Transportation and communications | 245.8 | 164.7 | 81.1 |
| Rentals | 211.4 | 133.0 | 78.4 |
| Utilities, materials and supplies | 299.2 | 227.8 | 71.4 |
| Repairs and maintenance | 336.5 | 268.1 | 68.4 |
| Other net minor items | (15.3) | (12.4) | (2.9) |
| Total net budgetary expenditures | 9,329.1 | 6,442.9 | 2,886.1 |
Note: Numbers may not add up due to rounding.
The year-to-date net increase of $2,886.1 million is attributable mainly to the following:
Professional, special & other services (increase of $1,007.9 million)
The increase in spending is primarily due to the integration of the CCG into the DND during the last fiscal year. These services include the use of specialists such as engineering, medical professionals, and research organizations that enable DND to execute core delivery of capabilities through projects and core sustainment to the department’s personnel. Specifically, engineering, research and development services largely contributed to the increase in spending, primarily driven by the implementation of the River-Class Destroyer project, Royal Canadian Air Force 105 project (CC-130J Hercules fleet), Remotely Piloted Aircraft System project, NORAD modernization and continental defence initiatives led by Defence Research Development Canada. Additional increases stem from the contaminated sites remediation program, specialized technical training such as Future Aircrew Training (FAcT) Program and other Programs.
Transfer payment (increase of $612.6 million)
The increase in spending is primarily driven by support to Ukraine, including funding for military aid packages and initiatives, as well as timing of payments during the fiscal year.
Personnel (increase of $590.1 million)
The increase in spending is primarily due to the integration of the CCG into the DND during the last fiscal year, as well as the 2025 military factor adjustment implemented to improve compensation and benefits for CAF members. Additionally, a higher number of CAF members were serving compared to the same quarter last year, resulting in increased recruitment, administrative, logistical, and operational support requirements, which also contributed to the higher expenditures.
Acquisition of machinery and equipment (increase of $271.8 million)
The increase in spending is primarily due to the integration of the CCG into the DND during last fiscal year, construction of the River-Class Destroyer project as well as the Armoured Combat Support Vehicles project.
Acquisition of land, buildings and works (increase of $107.3 million)
The increase in spending is primarily driven by the infrastructure costs in support of the Future Fighter Capability project in Bagotville and Cold Lake, Joint Task Force 2 Relocation project, as well as the Remotely Piloted Aircraft System project. The construction work on the NORAD Quick Reaction Alert facility in Bagotville also contributed to the increase.
Transportation and communications (increase of $81.1 million)
Increased spending on relocation, expanded training, readiness, and operational activities.
Rentals (increase of $78.4 million)
The increase in spending is mainly due to the timing of payments to large enterprise applications and software licenses.
Utilities, materials and supplies (increase of $71.4 million)
The increase in spending is primarily due to the integration of the CCG into the DND during the last fiscal year, as well as higher fuel costs due to the conflict in the Middle East.
Repairs and maintenance (increase of $68.4 million)
The increase in spending is primarily due to increased maintenance and repair costs for various real property assets within the DND. Additional increases stem from docking work periods related to the His Majesty’s Canadian Ship (HMCS) Toronto and HMCS Winnipeg frigates.
3. Risks and uncertainties
DND’s financial transactions are exposed to a broad range of external financial, geopolitical and economic risks such as inflation, foreign exchange commodity price fluctuations, tariffs and global supply chain. Currently, DND is seeing economic risks give rise to increases in costs of goods and services, labour shortages, and supply chain delays. Depending on how these risks unfold, they could lead to significant fluctuations in the timing of anticipated spending.
While the DND considers these factors in developing expenditure strategies, these risks are outside the control of the DND.
The DND continues to address the financial risks associated with Phoenix pay issues through the implementation of new controls, as required, and the strengthening of existing ones. The Civilian Quality Assurance Program continues to leverage robotic process automation (RPA) to analyze the current pay environment and support more timely identification and correction of pay issues with the assistance of compensation advisors. Efforts are also underway to further leverage RPA capabilities to increase data sample sizes and expand the scope of monitoring and quality assurance activities. Initiatives such as the centralized data entry capability continue to help ensure sustained payment accuracy.
DND’s capital acquisition program includes a number of large multi-year acquisition projects, mainly comprising of advanced fighter aircrafts, ships and armored vehicles. Delays in contracting and procurement activities or delays in deliveries by suppliers for individual projects can reduce operational capability and lead to reduced expenditures or budgetary surpluses.
Since DND has a large and geographically dispersed portfolio of military and marine infrastructure it faces a risk of having an aging infrastructure, asset condition issues, emergency repairs, that can affect operational readiness and create fluctuations in planned expenditures.
Risks are also present with regard to data maturity as the DND’s ability to act with agility is limited by legacy systems, multiple financial systems, fragmented governance, decentralized decision making, and low data maturity. DND is advancing its data and information management posture by modernizing enterprise data architecture, strengthening governance frameworks, enhancing metadata and interoperability capabilities, and improving data quality.
Risks also flow from claims and litigations involving the DND’s normal operations. When DND receives a claim or litigation alleging liability in tort or extra contractual responsibility to cover losses, expenditures or damages, it is analyzed and an appropriate position is developed based on legal advice. Litigation or settlement may be pursued and these are tracked through the DND’s reporting mechanisms.
The CAF is applying reconstitution measures at the tactical, operational, and strategic levels to restore units to an acceptable level of readiness to excel as a modern and combat-ready military force. This is intended to enable the CAF to adapt quickly to action when called for significant unexpected operational demands, which can occur at any time anywhere around the globe.
4. Significant changes in relation to programs, operations and personnel
In March 2026, Canada achieved NATO’s defence spending benchmark of 2% of GDP in fiscal year 2025–26, representing a significant milestone in strengthening national defence and supporting collective security commitments. To reach this target, the Government of Canada is investing more than $66 billion in defence-related activities across the DND, the CAF, and other government partners
On April 1, 2026, Transport Canada transferred the control and supervision of the Aircraft Services Directorate (ASD) to DND. This transfer strengthens operational capacity and expands aviation support for Coast Guard and Defence Team priorities while maintaining continuity of service delivery. The expenditures for ASD are being reflected beginning with this quarter’s report; however, the related authorities will be reported in a subsequent report.
Approved by:
Original signed by
Christiane Fox
Deputy Minister of National Defence
Original signed by
Jonathan Moor CBE FCA CPFA
Chief Financial Officer
Dated: August 28 2026
Ottawa, Canada
| Amounts are expressed in thousands of dollars. | Fiscal year 2026–27 | Fiscal year 2025–26 | ||||
|---|---|---|---|---|---|---|
| Total available for use for the year ending | Used during the quarter ended | Year-to-date used at quarter-end | Total available for use for the year ending | Used during the quarter ended | Year-to-date used at quarter-end | |
| Mar 31, 2027 Footnote * | Jun 30, 2026 | Jun 30,2026 | Mar 31, 2026 Footnote * | Jun 30, 2025 | Jun 30, 2025 | |
| Vote 1 – Net Operating expenditures | 27,497,796 | 5,264,632 | 5,264,632 | 25,508,381 | 4,209,653 | 4,209,653 |
| Vote 5 – Capital expenditures | 18,213,501 | 2,736,650 | 2,736,650 | 11,707,647 | 1,637,269 | 1,637,269 |
| Vote 10 – Grants and contributions | 3,291,493 | 726,685 | 726,685 | 4,448,682 | 114,113 | 114,113 |
| Vote 15 – Payments in respect of the long-term disability and life insurance plan for members of the Canadian Forces | 446,728 | 96,122 | 96,122 | 446,727 | 85,030 | 85,030 |
| Budgetary Statutory Authorities: | ||||||
| Contributions to employee benefit plans – Members of the Military | 1,828,803 | 345,260 | 345,260 | 1,759,939 | 295,623 | 295,623 |
| Contributions to employee benefit plans | 607,559 | 159,649 | 159,649 | 470,237 | 101,098 | 101,098 |
| Spending of Amounts Equivalent to Proceeds from Disposal of Surplus Crown Assets | 11,729 | 5 | 5 | 17,806 | 93 | 93 |
| Payments under the Supplementary Retirement Benefits Act | 400 | 43 | 43 | 450 | 37 | 37 |
| Court awards – Crown Liability and Proceedings Act | 0 | 0 | 0 | 0 | 0 | 0 |
| Payments under Parts I–IV of the Defence Services Pension Continuation Act (R.S.C., 1970, c. D-3) | 90 | 8 | 8 | 100 | 6 | 6 |
| Minister and Associate Minister of National Defence – Salary and Motor Car Allowance | 106 | 26 | 26 | 102 | 17 | 17 |
| Total Budgetary statutory authorities | 2,448,687 | 504,991 | 504,991 | 2,248,634 | 396,874 | 396,874 |
| Total Budgetary Authorities | 51,898,205 | 9,329,080 | 9,329,080 | 44,360,071 | 6,442,939 | 6,442,939 |
| Non-budgetary Authorities | 83,946 | 56,280 | 56,280 | 80,702 | 47,645 | 47,645 |
| Total Authorities | 51,982,151 | 9,385,360 | 9,385,360 | 44,440,773 | 6,490,584 | 6,490,584 |
Note: Numbers may not add up due to rounding.
| Amounts are expressed in thousands of dollars. | Fiscal year 2026–27 | Fiscal year 2025–26 | ||||
|---|---|---|---|---|---|---|
| Planned expenditures for the year ending | Expended during the quarter ended | Year-to-date used at quarter-end | Planned expenditures for the year ending | Expended during the quarter ended | Year-to-date used at quarter-end | |
| Mar 31, 2027 | Jun 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Jun 30, 2025 | Jun 30, 2025 | |
| Expenditures: | ||||||
| Personnel | 15,665,614 | 3,703,160 | 3,703,160 | 14,548,843 | 3,113,052 | 3,113,052 |
| Transportation and communications | 1,721,740 | 245,829 | 245,829 | 1,225,478 | 164,658 | 164,658 |
| Information | 39,928 | 5,358 | 5,358 | 41,820 | 3,829 | 3,829 |
| Professional and special services | 11,133,881 | 1,974,925 | 1,974,925 | 8,402,502 | 967,024 | 967,024 |
| Rentals | 1,104,588 | 211,355 | 211,355 | 1,052,820 | 132,953 | 132,953 |
| Repair and maintenance | 2,972,288 | 336,467 | 336,467 | 2,887,642 | 268,092 | 268,092 |
| Utilities, materials and supplies | 2,263,852 | 299,280 | 299,280 | 1,884,212 | 227,785 | 227,785 |
| Acquisition of land, buildings and works | 1,454,950 | 232,038 | 232,038 | 1,199,238 | 124,754 | 124,754 |
| Acquisition of machinery and equipment | 12,253,238 | 1,615,164 | 1,615,164 | 8,717,050 | 1,343,441 | 1,343,441 |
| Transfer payments | 3,291,983 | 726,235 | 726,235 | 4,449,232 | 113,580 | 113,580 |
| Public debt charges | 3,672 | 196 | 196 | 3,525 | 406 | 406 |
| Other subsidies and payments | 445,921 | 38,925 | 38,925 | 298,620 | 41,877 | 41,877 |
| Total gross budgetary expenditures | 52,351,655 | 9,388,932 | 9,388,932 | 44,710,982 | 6,501,451 | 6,501,451 |
| Less Revenues netted against expenditures: | ||||||
| Recoveries from members | (241,852) | (37,475) | (37,475) | (170,742) | (30,845) | (30,845) |
| Recoveries from OGDs | (12,820) | (1,415) | (1,415) | (11,484) | (1,375) | (1,375) |
| Recoveries from other governments/UN/NATO | (45,285) | (1,017) | (1,017) | (64,511) | (1,407) | (1,407) |
| Other recoveries | (153,493) | (19,945) | (19,945) | (104,174) | (24,885) | (24,885) |
| Total Revenues netted against expenditures | (453,450) | (59,852) | (59,852) | (350,911) | (58,512) | (58,512) |
| Total net budgetary expenditures | 51,898,205 | 9,329,080 | 9,329,080 | 44,360,071 | 6,442,939 | 6,442,939 |
Note: Numbers may not add up due to rounding.