Unaudited financial statements for the period ending March 31, 2023, Environment and Climate Change Canada, chapter 5
Statement of Cash Flows (Unaudited)
For the year ended March 31
| (in thousands of dollars) | 2023 | 2022 Restated (note 18) |
|---|---|---|
| Operating activities | ||
| Net cost of operations before government funding and transfers | $1,900,152 | $1,713,176 |
| Non-cash items: | ||
| Services provided without charge by other government departments (Note 15) | (123,726) | (116,196) |
| Amortization of tangible capital assets (Note 11) | (41,589) | (40,167) |
| Net loss on disposals, write-off and adjustments to tangible capital assets | 1,373 | (1,715) |
| Variations in Statement of Financial Position: | ||
| Decrease (increase) in accounts payable and accrued liabilities (Note 4) | (90,113) | 9,814 |
| Decrease (increase) in vacation pay and compensatory leave | 3,241 | 6,003 |
| Decrease (increase) in deferred revenue (Note 6) | (683) | (2,890) |
| Decrease (increase) in employee future benefits (Note 8) | 2,101 | 3,075 |
| Decrease (increase) in environmental liabilities and asset retirement obligations (Note 5) | (7,162) | 20,816 |
| Decrease (increase) in provision for contingent liabilities (Note 14) | 300 | (213) |
| Decrease (increase) in other liabilities | (5,381) | (8,386) |
| Increase (decrease) in accounts receivable and advances (Note 9) | (4,946) | 11,759 |
| Increase (decrease) in prepaid expenses | (2,088) | 1,913 |
| Increase (decrease) in inventory (Note 10) | 1,816 | 1,347 |
| Transfer of salary overpayments and emergency salary advances (from) to other government departments (Note 16) | (227) | (291) |
| Cash used in operating activities | 1,633,072 | 1,598,045 |
| Capital investing activities | ||
| Acquisition of tangible capital assets (Note 11) | 80,798 | 93,207 |
| Proceeds from disposal of tangible capital assets | (1,030) | (834) |
| Cash used in capital investing activities | 79,768 | 92,373 |
| Financing activities | ||
| Lease payments for tangible capital assets | 989 | 935 |
| Cash used in financing activities | 989 | 935 |
| Net cash provided by Government of Canada | $1,713,829 | $1,691,353 |
The accompanying notes form an integral part of these financial statements.