Receiver General for Canada

Transcription

1 Receiver General for Canada Government wide Chart of Accounts Chapter 4 - Financial reporting accounts - Summary Updated : Page 1 of 52

2 Table of contents Table of contents 4.1 Introduction Accounting Manual FRA Utilization Structure for the Financial Reporting Accounts 4.2 Financial reporting accounts Summary for Assets 2 Liabilities 3 Equity/Deficit 4 Revenue 5 Expenses 6 Cash Reconciliation Control Accounts Appendix A?Release notes in date order Financial reporting accounts for Appendix A?Release notes in code order Financial reporting accounts for Appendix B Endnotes Page 2 of 52

3 Page 3 of 52

4 4.1 Introduction This chapter provides an explanation of the financial reporting account (FRA) classification structure and contents, which for government-wide reporting purposes, identifies the relevant asset, liability, net assets/equity, revenue and expense accounts that are required for financial reporting (maintaining accounts in the General Ledger) and for preparing the consolidated financial statements for the Government of Canada. The basis for coding the FRA classification is accrual accounting which requires transactions to be recorded in the period when they occur (and not only when cash or its equivalent is received or paid). Therefore, the transactions and events are recorded in the accounting records and recognized in the financial statements of the periods to which they relate. The elements recognized under accrual accounting are assets, liabilities, net assets/equity, revenue and expenses Accounting Manual The Treasury Board Secretariat FIS Accounting Manual, available at the following URL: provides general information and guidance on accrual accounting. The Manual provides an overview of accrual accounting in the government and specifies that departments must follow generally accepted accounting principles (GAAP) as defined in the Canadian Institute of Chartered Accountants (CICA) Public Sector (PS) Accounting Handbook. The PS Accounting Handbook is the authoritative reference manual; and where appropriate, may be subject to modification or interpretations through the issuing of Treasury Board Accounting Standards (TBAS). The Accounting Manual also gives examples of most routine transactions and many complex ones that are unique to government and highlight differences between reporting on an accrual accounting basis, accounting for authorities, and reporting by objects. The Receiver General Manual (RGM), Chapter 10 "Accounting Entries" available at the following URL: provides additional examples of accounting entries and serve to supplement the FIS Accounting Manual FRA Utilization The FRAs included in departmental CFMRS monthly trial balances contain the data needed by the Receiver General to prepare the financial statements on a monthly and annual basis. Monthly government-wide financial statements are included in the Monthly Statement of Financial Operations, which is used by the Department of Finance Canada to produce the results issued in the Monthly Fiscal Monitor. The government's annual financial statements are audited by the Auditor General and are included in the Public Accounts of Canada that are tabled, each fall, in Parliament. These statements are also included on a consolidated basis in the Annual Financial Report of the Government of Canada, which is published by the Minister of Finance. Page 4 of 52

5 4.1.3 Structure for the Financial Reporting Accounts The financial reporting account structure is designed to identify accounting transactions as follows: Assets are economic resources controlled by an entity as a result of past transactions or events and from which future economic benefits may be obtained. The assets are classified as being either financial assets (cash, accounts receivable, and loans, investments and advances, etc.) and non-financial assets (inventories, buildings, machinery and equipment, capital leases and work in progress, etc.). Liabilities are financial obligations to outside organizations and individuals as a result of transactions and events on or before the accounting date. Liabilities are the result of contracts, agreements and legislation in force at the accounting date that require the government to repay borrowings or to pay for goods and services acquired or provided prior to the accounting date. The liabilities generally consist of accounts payable, accrued interest payable, accrued salaries and wages, superannuation, public debt, etc. Net Assets/Liabilities represent the difference between total assets and liabilities. When the total assets exceed total liabilities, the resulting amount represents Net Assets. When total liabilities exceed total assets, the resulting amount represents Net Liabilities. The Net Assets/Liabilities consists of two categories; Unrestricted Net Assets/Liabilities and Restricted Net Assets/Liabilities. Following the end of each fiscal year, the net balances from the revenues, expenses and departmental payment, payroll, IS, DBA, and deposit control accounts, as well as 35ddd Organization Transfer Out/In and 36ddd Opening Balance Adjustments accounts are converted as appropriate into the new year opening balance of the Unrestricted Net Assets/Liabilities or the Restricted Net Assets/Liabilities account(s). Revenues are increases in economic resources, either by way of inflows or enhancements of assets or reductions of liabilities, resulting from the ordinary activities of a department. They can result from activities such as tax revenue, the sale of goods or services, gain on sales of assets, interest and penalties earned on tax and non-tax revenue, and return on investments. Expenses are the cost of resources consumed in and identifiable with the operations of the accounting period. Examples of expenses include operating expenses, grants and contributions, salaries, etc. Cash Reconciliation Control accounts are similar to a bank account. However, since the cash accounts are restricted to the Receiver General (i.e., consolidated revenue fund), departments are required to use the cash reconciliation control accounts. The major difference between the control accounts and bank accounts is that control accounts are closed into Net Assets/Liabilities at year end after all other closings have been done. Page 5 of 52

6 4.2 Financial reporting accounts Summary for Assets 11 Current Assets 111 Cash 1111Cash Balances Cash on Deposit in Canadian Currency (Consolidated Revenue Fund) Special Deposits Held in Trust - Receiver General Cash on Deposit in Foreign Currencies 1112Outstanding Deposits (Cash in Transit) Cash in Transit and in Hands of Collectors at Year End Deposits in Transit to the Receiver General Outstanding Deposits Cash in Hands of Departments Awaiting Deposit to the Receiver General 1113Outstanding Payments Outstanding Payments (Receiver General Cheques and Other) Imprest Accounts Cheques Payments in Transit to the Receiver General 1114Cash Equivalent Accounts Traveller's Cheques Term Deposits Auction Other Cash Equivalent Accounts 1115Other Cash Accounts Consolidated Crown Corporations and other entities Other Cash Accounts 112 Accounts Receivable 1121Accounts Receivable - Tax Revenue Personal Income Tax Corporate Income Tax Goods and Services Tax, including the Harmonized Sales Tax Other Excise Taxes and Duties Energy Taxes Other Taxes Customs Duties and Taxes on Imports Source Deductions Non-Residents 1122Accounts Receivable - Other Revenue, Excluding Interdepartmental Accounts Receivable - Other Revenue Accrued Receivables 3 Page 6 of 52

7 11225 Accrued Receivables Other Receivables Allowance for Doubtful Accounts - Accounts Receivable for Other Revenue, excluding Interdepartmental 1123Accounts Receivable - Other Accounts Receivable for Refunds of Program Expenses Consolidated Crown Corporations and other entities Overpayments to be Recovered Accrued Interest Receivables on Loans Accrued Interest Receivables on Term and Demand Deposits Transition Payment - Pay in arrears Unamortized Discount on Receivables Allowance for Doubtful Accounts - Other Accounts Receivable 1124Accounts Receivable - Interdepartmental Other Government Departments (OGD) - Accounts Receivable 42,44, Other Government Department (OGD) - Suspense Advances Interdepartmental Settlement (IS) Credits in Transit to the Receiver General (for Creditor Initiated IS) Accounts Receivable - Tax Revenue - Interdepartmental Allocations Canada Pension Plan Premiums Receivable from Canada Revenue Agency (CRA) Employment Insurance Contributions Receivable from Canada Revenue Agency (CRA) Old Age Security Overpayments Receivable from Canada Revenue Agency (CRA) Provincial Tax Collections Receivable from Canada Revenue Agency (CRA) Provincial Benefit Programs Receivable from Finance Source deductions receivable from Other Government Department (OGD) Other Receivables 1127Allowance for Doubtful Tax Accounts - Tax Revenue Personal Income Taxes Corporate Income Taxes Goods and Services Tax (GST) Excise Tax and Duties Energy Taxes Other Taxes Customs Duties and Taxes on Imports Source Deductions Non-Residents 113 Accounts Receivable - Tax Revenue Accrual Estimates 1131Personal Income Tax - Accrual Estimates T1 Instalments Received from Individuals Page 7 of 52

8 11312 Estimated Accrued Receivable (Contra) Suspense Clearing Accounts 1132Personal Income Tax - Employers Source Deductions Accrued T4 Source Deductions Installments Received from Employers Estimated Accrued Receivable (Contra) Suspense Clearing Accounts 1133Corporate Income Tax - Accruals T2 Installments Received from Corporations Estimated Accrued Receivable (Contra) Suspense Clearing Accounts 1134Non-Resident Tax - Accruals Tax Withheld on Behalf of Non-Residents Estimated Accrued Receivable (Contra) Suspense Clearing Accounts 1135GST - Accruals Installments Received from Vendors Estimated Accrued Receivable (Contra) Suspense Clearing Accounts 1136Excise Taxes - Accruals Installments Received from Manufacturers Estimated Accrued Receivable (Contra) Suspense Clearing Accounts 1137Customs Duties - Accruals Installments Received from Importers Estimated Accrued Receivable (Contra) Suspense Clearing Accounts 1139Other Tax Revenue - Accruals Installments/Withholding Received Estimated Accrued Receivable (Contra) Suspense Clearing Accounts 12 Foreign Exchange Accounts 121 International Monetary Fund 1211Subscriptions and Notes Payable Subscriptions Notes Payable (Contra) International Monetary Fund - General Resources Account Lending 1212Special Drawing Rights Allocations Special Drawing Rights Allocations 122 Other 1221Exchange Fund Account International Reserves Held in Exchange Fund Account Accrued Gains and Losses on Exchange Fund Account Page 8 of 52

9 13 Loans, Investments and Advances (LIA) Loans, Investments and Advances to Crown Corporations 1311Investments in Major/Lending Institution Enterprise Crown Corporations Canada Deposit Insurance Corporation Canada Mortgage and Housing Corporation Export Development Canada Farm Credit Canada Business Development Bank of Canada 1312Loans and Advances to Major/Lending Institution Enterprise Crown Corporations Canada Deposit Insurance Corporation Canada Mortgage and Housing Corporation Export Development Canada Farm Credit Canada Business Development Bank of Canada 1313Investments in Other Enterprise Crown Corporations Bank of Canada Canada Development Investment Corporation Royal Canadian Mint Canada Hibernia Holding Corporation Ridley Terminals Crown Corporation Enterprises (CCE) - Equity Adjustments Other Investments in Other Enterprise Crown Corporations 1314Loans and Advances to Other Enterprise Crown Corporations Canada Post Corporation Freshwater Fish Marketing Corporation Ports Corporations Canada Lands (Notes Receivable) Other Loans and Advances to Other Enterprise Crown Corporations 1315Investments in Consolidated Crown Corporations Atomic Energy of Canada Limited Canadian Broadcasting Corporation Via Rail Canada Inc Other Investments in Consolidated Crown Corporation 1316Loans and Advances to Consolidated Crown Corporations Atomic Energy of Canada Limited National Capital Commission Canadian Dairy Commission Other Loans and Advances to Consolidated Crown Corporation 1317Loans, Investments and Advances for Consolidated Crown Corporations Loans, Investments and Advances to Consolidated Crown Corporations 1318Unamortized Premium/Discount on Loans to Crown Corporations Page 9 of 52

10 13181 Unamortized Premium/Discount on Loans to Crown Corporations Unamortized premium/discount on notes receivable to Canada Lands Corporation 132 Loans, Investments and Advances to Other Governments and Organizations 1321Provincial and Territorial Governments for Regional and Industrial Development Atlantic Development Board for Water Projects Atlantic Provinces Power Development Act Financing of Special Areas and Highway Agreements Financing of Comprehensive Plan Development Other Loans and Advances for Regional and Industrial Development 1322Provincial and Territorial Governments for Other Purposes Federal-Provincial Fiscal Arrangements Municipal Development and Loan Boards for Capital Works Winter Capital Projects Fund Financing of Regional Electrical Interconnections Expansion of Agricultural Service Centres Provincial Tax Collection Overpayments - T Unamortized Discounts on Loans to Provincial and Territorial Governments Other Loans and Advances to Provincial and Territorial Governments 1323National Governments, Including Developing Countries National Governments, excluding Developing Countries Developing Countries Unamortized Discounts for Loans to Developing Countries (Contra) Development of Export Trade Unamortized Discounts for Loans for Development of Export Trade (Contra) NATO for Recoverable Damage Claims Allowance for Doubtful Loans Other Loans and Advances to National Governments and Developing Countries 1324International Organizations Capital Subscriptions to Development Banks Capital Subscriptions to International Banks Loans to International Organizations Advances to International Organizations and Associations Advance to Global Environmental Facility Capital Subscriptions and Contributions to International Development Association Allowance for Subscriptions to International Organizations (Contra) Multilateral Advances to International Financial Institutions Page 10 of 52

11 13249 Allowance for Advances to International Financial Institutions (Contra) 1325Unamortized Discounts for Loans, Investments and Advances to International Organizations Unamortized Discounts for Loans to International Organizations (contra) 1326Portfolio Investments Lower Churchill Development Corporation Limited Write-down for Portfolio Investments Other Portfolio Investments 1327Other Organizations Development of Export Trade Payments Made to Private Sector Unamortized Discounts for Loans to Private Sector for Develppment of Export Trade(Contra) Payments made to the private sector related to financial assistance to the automotive sector 133 Other Loans, Investments and Advances 1331Loans and Accountable Advances to Employees Missions Abroad (Foreign Affairs Working Capital Advances) Personnel Posted Abroad (Foreign Affairs Working Capital Advances) Imprest Accounts, Standing Advances and Authorized Loans Accountable Advances (Temporary Advances) Standing Advances to Employees Other Loans and Advances to Employees 1333Loans to First Nations and Northern Territories First Nations in British Columbia Native Claimants Indian Economic Development Inuit Loan Fund Council for Yukon Indians 1334Other Loans Made by Departments Canadian Secured Credit Facility Program Construction of Exhibition Buildings Immigration Loans for Transportation and Assistance Enterprise Development Loans Hibernia Development Project Assistance Loans Made by Atlantic Canada Opportunities Agency Nordion International Inc Unamortized discounts for loans made by departments (concessionary loans) 1335Other Advances and Subsidies Provincial Workers Compensation Boards Canadian Commercial Banks Canadian Forces Housing Confederation Bridge Page 11 of 52

12 13354 Confederation Bridge St. John Harbour Bridge Veterans Land Act Fund Pilot Training Program - MILIT-AIR Inc Unamortized discount for other advances and subsidies (concessionary loans) 1336Loans and Advances to Consolidated Specified Purpose Accounts Interest Bearing Loans to Employment Insurance Account Advances to Crop Reinsurance Fund Advances to Agricultural Commodities Stabilization Accounts 1337Loans and Advances on Expired Loan Guarantees Loans and Advances on Expired Loan Guarantees Allowance for Doubtful Loans 1338Loans and Advances on Transfer (Including Repayable Contributions) Loans Unamortized Discount Allowance for Doubtful Loans and Advances 1339Other Loans, Investments and Advances Loans and Advances to Individuals Other than Employees Goods and Services Tax (GST) (including Harmonized Sales Tax - HST) Refundable Advance Account Canada Student Loans (Direct Loans) Amounts Subrogated under the Canada Student Loans Act and the Canada Student Financial Assistance Act Apprentice Loans (Direct Loans) Quebec Sales Tax (QST) Refundable Advance Account Unamortized Discount - Other Loans, Investments and Advances Unamortized Discount on Canada Student Loans Risk Shared Loans Miscellaneous Loans, Investments and Advances 134 Allowance for Valuation Allowance for Valuation for Loans to Crown Corporations Allowance for Loans to Enterprise Crown Corporations Allowance for Loans to Consolidated Crown Corporations 1342Allowances for Valuation for Loans, Investments and Advances to Other Governments and Organizations Allowances, Provincial and Territorial Governments for Regional and Industrial Development Allowances, Provincial and Territorial Governments for other purposes Allowance, National Governments, including Developing Countries Allowances, International Organizations Allowances, Other Organizations 1343Allowances for Valuation for Other Loans, Investments and Advances Allowances for Loans and Accountable Advances for Employees Page 12 of 52

13 13433 Allowances, Loans to First Nations and Northern Territories Allowances, Other Loans made by Departments Allowances, Other Advances and Subsidies Allowances, Loans and Advances on Expired Loan Guarantees Allowances for Loans and Advances on Transfers (incl. Repayable Contributions) Allowances, Other Loans, Investments and Advances 1349Allowance for Valuation for Other Loans Other Loans Allowance on Canada Student Loans (Direct Loans) Allowance on Amounts Subrogated under the Canada Student Loans Act and the Canada Student Financial Assistance Act Allowance on Provincial Tax Collection Overpayments - T Allowance for Apprentice Loans 135 Loans, Investments and Advances by Consolidated Crown Corporations and Other Entities 1351Loans and Advances by Consolidated Crown Corporations and Other Entities Loans and Advances by Consolidated Crown Corporations and other entities 1352Investments by Consolidated Crown Corporations and Other Entities Investments by Consolidated Crown Corporations and other entities 14 Prepaid Expenses and Deferred Charges 141 Prepaid Expenses 1411Prepaid Expenses Prepaid Expenses 1412Prepayments of Transfers 142 Deferred Charges 1421Deferred Charges on Unmatured Debt Unamortized Discounts on Treasury Bills Unamortized Discounts on Canada Bills Unamortized Discounts and Premiums on Marketable Bonds Unamortized Commissions on Canada Savings Bonds 1429Other Deferred Charges Other Deferred Charges 15 Inventories 151 Regular Inventories 1511Inventories Held for Consumption Inventories Held for Consumption Work in Progress - Other Government Department (OGD) 1512Inventories for Resale Inventories for Resale Page 13 of 52

14 15121 Work in Progress - External 16 Capital Assets 161 Tangible Capital Assets 1611Land Buildings and Works Land Buildings Works and Infrastructure 1612Machinery and Equipment Machinery and Equipment Computer Hardware Computer Purchased and Developed Software Arms and Weapons for Defence Other Equipment (including Furniture) 1613Vehicles Ships and Boats Aircraft Motor Vehicles (Non-Military) Military Vehicles Other Vehicles 1614Leasehold Improvements Leasehold Improvements Leasehold Improvements on Properties where Custodian is Another Government Department 162 Accumulated Amortization on Tangible Capital Assets Accumulated Amortization on Buildings and Works Accumulated Amortization on Buildings Accumulated Amortization on Works and Infrastructure 1622Accumulated Amortization on Machinery and Equipment Accumulated Amortization on Machinery and Equipment Accumulated Amortization on Computer Hardware Accumulated Amortization on Computer Purchased and Developed Software Accumulated Amortization on Arms and Weapons for Defence Accumulated Amortization on Other Equipment, including Furniture 1623Accumulated Amortization on Vehicles Accumulated Amortization on Ships and Boats Accumulated Amortization on Aircraft Accumulated Amortization on Motor Vehicles (Non-Military) Accumulated Amortization on Military Vehicles Accumulated Amortization on Other Vehicles 1624Accumulated Amortization on Leasehold Improvements Accumulated Amortization on Leasehold Improvements Page 14 of 52

15 16242 Accumulated Amortization on Leasehold Improvements on Properties where Custodian is Another Government Department 163 Work in Progress on Tangible Capital Assets 1631Work in Progress Buildings in Progress of Construction Engineering Works in Progress of Construction Work in Progress for Software Work in Progress related to Alternative Financing Arrangements (Public Private Partnerships) Other Construction or Work in Progress 166 Tangible Capital Assets under Capital Leases Land, Buildings and Works under Capital Leases Land under Capital Leases Buildings under Capital Leases Works and Infrastructure under Capital Leases 1662Machinery and Equipment under Capital Leases Machinery and Equipment under Capital Leases Computer Hardware under Capital Leases Computer Software under Capital Leases Arms and Weapons under Capital Leases Other Equipment under Capital Leases 1663Vehicles under Capital Leases Ships and Boats under Capital Leases Aircraft under Capital Leases Motor Vehicle (Non-Military) under Capital Leases Military Vehicles under Capital Leases Other Vehicles under Capital Leases 167 Accumulated Amortization on Tangible Capital Assets under Capital Leases 1671Accumulated Amortization on Buildings and Works under Capital Leases Accumulated Amortization on Buildings under Capital Leases Accumulated Amortization on Works and Infrastructure under Capital Leases 1672Accumulated Amortization on Machinery and Equipment under Capital Leases Accumulated Amortization on Machinery and Equipment under Capital Leases Accumulated Amortization on Computer Hardware under Capital Leases Accumulated Amortization on Computer Software under Capital Leases Accumulated Amortization on Arms and Weapons under Capital Leases Accumulated Amortization on Other Equipment under Capital Leases 1673Accumulated Amortization on Vehicles under Capital Leases Accumulated Amortization on Ships and Boats under Capital Leases Page 15 of 52

16 16732 Accumulated Amortization on Aircrafts under Capital Leases Accumulated Amortization on Motor Vehicles (Non-Military) under Capital Leases Accumulated Amortization on Military Vehicles under Capital Leases Accumulated Amortization on Other Vehicles under Capital Leases 168 Work in Progress on Tangible Capital Assets under Capital Lease 1681Work in Progress under Capital Lease Buildings under Capital Leases in Progress of Construction Engineering Work under Capital Leases in Progress of Construction Work in Progess for Software under Capital Leases Other Construction or Work in Progess under Capital Leases 17 Future benefit assets 171 Future pension benefit assets 1711Consolidated Crown corporations future pension benefit assets Consolidated Crown corporations funded pension assets Page 16 of 52

17 2 Liabilities 21 Current Liabilities 211 Accounts Payable 2111Accounts Payable Regular Accounts Payable Ongoing Accrued Salaries and Wages Accrued Liabilities Year End accrual - pending Budget Implementation Act Accrued Interest Payable on Regular (Trade) Payables Other Payables 2112Unpaid Payroll Deductions Income Taxes Payable (to Government of Canada) Canada Pension Plan (CPP) Payable Employment Insurance (EI) Payable Superannuation Deducted Retirement Compensation Accounts Deducted Other Deductions Payable to the Government of Canada Deductions Payable to Outside Parties Departmental Paylist Deductions Other Unpaid Payroll Deductions 2113Accounts Payable Interdepartmental Other Government Departments (OGD) - Accounts Payable 42,44, Goods and Services Tax (GST) (including Harmonized Sales Tax - HST) Payable to Canada Revenue Agency (CRA) Interdepartmental Settlement (IS) Debits in Transit to the Receiver General (for Debtor Initiated IS) Quebec Sales Tax (QST) Payable to Government Departments 2114Notes Payable Notes Payable to International Development Association Notes Payable to Development Banks Notes Payable to International Financial Institutions Notes Payable to Other International Organizations and Banks 2115Other Accounts Payable Provincial Sales Tax, excluding Harmonized Sales Tax (HST) Consolidated Crown Corporations and Other Entities Contractor's Holdback Accrued Interest Payable on Capital Leases Amounts Owing to Banks under Direct Financing Arrangements pursuant to the Canada Student Financial Assistance Act (CSFA) Account Payable to Other Levels of Government (contra asset) Revaluation of Foreign Currency Forward Contract Page 17 of 52

18 21157 Revaluation of Foreign Currency Forward Contract Other Accounts Payable 2116Accounts Payable by Canada Revenue Agency (CRA) - Tax Revenue Personal and Non-Residents Tax Payable Account Corporate Income Taxes Payable Goods and Services Tax (GST) Accounts Payable Provincial Sales Tax Accounts Payable Nova Scotia Worker Compensation Accounts Payable to the Ministry of Revenue Quebec (MRQ) by Canada Revenue Agency (CRA) Accounts Payable to Provinces - Other Taxes Other Tax Revenues Payable 2117Accounts Payable - Tax Revenue - Interdepartmental Allocations Canada Pension Plan Premiums Payable to the Department of Social Development Employment Insurance Contributions Payable to Human Resources and Skills Development (HRSD) Old Age Security Overpayments Payable to the Department of Social Development T1 (Individual) Provincial and Territorial Tax Collections Payable to Finance Provincial Benefit Programs Payable to Canada Revenue Agency (CRA) Harmonized Sales Tax (HST) Payable to Finance (used by Canada Revenue Agency - CRA) T2 (Corporate) Provincial and Territorial Tax Collections Payable to Finance Other Payables 212 Interest and Matured Debt 2121Matured Debt Marketable Bonds Canada Savings Bonds Treasury Bills Matured Debt in Foreign Currencies 2122Interest Due on Unmatured Debt Interest Due Compound Interest on Canada Savings Bonds Interest Due on Coupons 2123Interest Accrued on Unmatured Debt Interest Accrued on Marketable Bonds Interest Accrued on Canada Savings Bonds Interest Accrued on Special Non-Marketable Bonds Issued to Canada Pension Plan (CPP) Investment Fund Interest Accrued on Unmatured Debt in Foreign Funds Page 18 of 52

19 21235 Interest Accrued on Other Liabilities Interest Accrued for Promissory Notes Interest Accrued for Medical Equipment Trust 213 Current Portion of Long-Term Debt 2131Unmatured Debt in Canadian Currency Marketable Bonds Canada Savings Bonds Treasury Bills 2132Unmatured Debt in Foreign Currency Marketable Bonds 214 Allowances 2141Allowance for Employee Benefits Allowance for Maternity/Parental Leave Allowance for Vacation Pay Allowance for Termination Benefits - Work Force Adjustment Allowance for Retroactive Salaries Allowance for Time-Off in Lieu Allowance for severance benefits - departments Allowance for Termination Benefits - Departments Allowance for Other Employee Benefits Consolidated Crown Corporations and Other Entities Allowance for Sick Leave Benefit Plan - Departments 2142Allowance for Borrowings of Crown Corporations Total Borrowings of Agent Enterprise Crown Corporations Borrowings of Agent Enterprise Crown Corporations Expected to be Repaid Total Borrowings of Consolidated Crown Corporations Borrowings of Consolidated Crown Corporations Expected to be Repaid 2143Other Allowances Allowance for Accrued Items Allowance for Loan Guarantees Allowance for claims and pending and threatened litigations 2144Allowances for Other Valuation Amounts Income Tax Refunds Petroleum Industry Refunds Harmonized Sales Tax (HST) Payable to Provinces 215 Other Current Liabilities 2151Deferred Revenues Deferred Revenues Lease Inducement 216 Suspense Accounts 2161General Suspense Accounts Page 19 of 52

20 21611 General Suspense Accounts Intradepartmental Clearing Account Garnisheed Salaries Family Orders Undistributed/Unmatched IS Suspense 13, Special Suspense Accounts Other Government Department (OGD) Suspense Public Service Superannuation Act (PSSA) / Supplementary Retirements Benefit Account (SRBA) Suspense Clearing Unclaimed Cheque Suspense Interdepartmental Settlement Suspense Contributed Capital Suspense Reallocation of Internal/External Codes for Interdepartmental Settlement (IS) Transactions Suspense for Proceeds from Asset Sales Pension Accounts 221 Canada Pension Plan (CPP) 2211Canada Pension Plan Account Canada Pension Plan Account - Cumulative Funds under Administration Canada Pension Plan (CPP) - Cumulative Transfers to CPP Investment Board 2212Securities Held by Canada Pension Plan (CPP) Investment Fund Provincial and Territorial Bonds Held by Canada Pension Plan (CPP) Investment Fund Investments of the Government of Canada 2213Canada Pension Plan (CPP) Short Term Investments Held Canada Pension Plan - Short Term Investments Held 222 Public Sector Pensions Public Service Pensions Public Service Superannuation Account Public Service Superannuation Investment Fund Public Service Pension Fund 2222Canadian Forces Pensions Canadian Forces Superannuation Account Canadian Forces Superannuation Investment Fund Canadian Forces Pension Fund Reserve Force Pension Fund 2223Royal Canadian Mounted Police (RCMP) Pensions Royal Canadian Mounted Police (RCMP) Superannuation Account Royal Canadian Mounted Police (RCMP) Superannuation Investment Fund Royal Canadian Mounted Police (RCMP) Pension Fund 2224Members of Parliament Retiring Allowances Accounts Page 20 of 52

21 22241 Members of Parliament Retiring Allowances Account (House of Commons) Senators Retiring Allowances Accounts 2225Members of Parliament Retirement Compensation Arrangements (RCA) Account Retirement Compensation Arrangements (RCA) Account - House of Commons Retirement Compensation Arrangements (RCA) - House of Commons - Cumulative Tax Withheld Recoverable Retirement Compensation Arrangements (RCA) Account - Senate Retirement Compensation Arrangements (RCA) Account - Senate - Cumulative Tax Withheld Recoverable 223 Retirement Compensation Arrangements Account (RCA) 2231Retirement Compensation Arrangements (RCA) Account No. 1 - Public Servants Retirement Compensation Arrangements (RCA) No. 1 - Public Servants General Account Retirement Compensation Arrangements (RCA) No. 1 - Public Servants Cumulative Tax Withheld Recoverable 2232Retirement Compensation Arrangements (RCA) Account No. 1 - National Defence Retirement Compensation Arrangements (RCA) Account No. 1 - National Defence General Account Retirement Compensation Arrangements (RCA) Account No. 1 - National Defence Cumulative Tax Withheld Recoverable 2233Retirement Compensation Arrangements (RCA) Account No. 1 - Royal Canadian Mounted Police (RCMP) Retirement Compensation Arrangements (RCA) Account No. 1 - Royal Canadian Mounted Police (RCMP) - General Account Retirement Compensation Arrangements (RCA) No. 1 - Royal Canadian Mounted Police (RCMP) - Cumulative Tax Withheld Recoverable 2234Retirement Compensation Arrangements (RCA) Account No. 2 - Public Servants Retirement Compensation Arrangements (RCA) No. 2 - Public Servants General Account Retirement Compensation Arrangements (RCA) No. 2 - Public Servants - Cumulative Tax Remitted Recoverable 224 Other Public Sector Pension Accounts 2241Supplementary Retirements Benefit Account (SRBA) Supplementary Retirements Benefit Account (SRBA) - Judges Supplementary Retirements Benefit Account (SRBA) - Lieutenant Governors (LGSA) Supplementary Retirements Benefit Account (SRBA) - Diplomatic DSSSA Supplementary Retirements Benefit Account (SRBA) - Parliament Supplementary Retirements Benefit Account (SRBA) - Royal Canadian Page 21 of 52

22 22416 Supplementary Retirements Benefit Account (SRBA) - Royal Canadian Mounted Police Pension Continuation Act Supplementary Retirements Benefit Account (SRBA) - Defence Service Pension Continuation Act 2242Pension Liabilities Under Other Superannuation Acts Judges Act - Pension Liability Lieutenant Governors Superannuation Act - Pension Liability Diplomatic Services Superannuation Act - Pension Liability Royal Canadian Mounted Police Continuation Act - Pension Liability Defence Services Pension Continuation Act - Pension Liability Other Pension Liabilities 225 Allowance for Pension Adjustments Allowance for Pension Adjustments General Accounts Public Service Superannuation Account (PSSA) - Allowance for Pension Adjustments Canadian Forces Superannuation Act (CFSA) - Allowance for Pension Adjustments Royal Canadian Mounted Police Superannuation Account - Allowance for Pension Adjustments Members of Parliament Retiring Allowances Account - Allowance for Pension Adjustments Members of Parliament(MP) Retirement Compensation Arrangements (RCA) - Allowance for Pension Adjustments Public Service Pension Fund - Allowance for Pension Adjustments Canadian Forces (CF) Pension Fund - Allowance for Pension Adjustments Royal Canadian Mounted Police (RCMP) Pension Fund - Allowance for Pension Adjustments Reserve Force Pension Fund - Allowance for Pension Adjustments 2252Allowance for Pension Adjustments - Retirement Compensation Arrangements (RCA) Accounts Retirement Compensation Arrangements (RCA) No. 1 - Public Servants - Allowance for Pension Adjustments Retirement Compensation Arrangements (RCA) No. 1 - National Defence - Allowance for Pension Adjustments Retirement Compensation Arrangements (RCA) No. 1 - Royal Canadian Mounted Police - Allowance for Pension Adjustments Retirement Compensation Arrangements (RCA) No. 2 - Public Servants - Allowance for Pension Adjustments 2253Allowance for Pension Adjustments - Supplementary Retirements Benefit Account (SRBA) Supplementary Retirements Benefit Account (SRBA) - Judges Allowance for Pension Adjustments Supplementary Retirements Benefit Account (SRBA) - Lieutenant Governors (LGSA) - Allowance for Pension Adjustments Supplementary Retirements Benefit Account (SRBA) - Diplomatic DSSSA Page 22 of 52

23 22534 Supplementary Retirements Benefit Account (SRBA) - Diplomatic DSSSA - Allowance for Pension Adjustments Supplementary Retirements Benefit Account (SRBA) - Parliament - Allowance for Pension Adjustments Supplementary Retirements Benefit Account (SRBA) - RCMP Continuation Act Allowance for Pension Adjustments Supplementary Retirements Benefit Account (SRBA) - Defence Service Pension Continuation Act Allowance for Pension Adjustments 2254Allowance for Pension Adjustments - Other Accounts Other Pension Accounts - Allowance for Pension Adjustments 2255Consolidated Crown Corporations Pension Liabilities Consolidated Crown corporations funded pension liabilities Consolidated Crown Corporations Unfunded Pension Liabilities 226 Insurance, Death Benefit and Other Pension Accounts 2261Insurance Accounts Civil Service Insurance Fund Veterans Insurance Fund Insurance Company Liquidation Accounts Returned Soldiers Insurance Fund Insurance Company Liquidation Contra Account Other Insurance Accounts 2262Death Benefit Accounts Public Service Death Benefit Account Regular Forces Death Benefit Account Other Death Benefit Accounts 2263Other Pension Accounts Royal Canadian Mounted Police (RCMP) - Dependents Pension Fund Locally Engaged Contributory Pension Account Annuity Agent Pension Account Other Pension Accounts 227 Other Employee Future Benefits 2271Other Retirement Benefits Health Care Plan Liability Dental Plan Liability 2272Post-Employment Benefits and Compensated Absences Severance Benefits Liability Workers' Compensation Liability Veterans' Benefits Liability RCMP Benefits Liability Sick Leave Benefit Plan Liability Early retirement, severance and other benefits liability for former Cape Breton Development Corporation employees 2273Consolidated Crown Corporations Other Employee Future Benefit Page 23 of 52

24 2273Consolidated Crown Corporations Other Employee Future Benefit Liabilities Consolidated Crown Corporations Other Employee Future Benefit Liabilities 23 Specified Purpose and Other Liability Accounts 231 Government Annuities Account 2311Government Annuities Account Government Annuities Account 232 Deposit and Trust Accounts Deposit Accounts Guarantee Deposits Accounts Seized Property Cash Other Deposit Accounts Securities Held in Trust Deposit Accounts (Contra) SWAPs Collateral Deposit Canadian Dairy Commission Account Canada Development Investment Corporation Holdback Other Consolidated Crown Corporation Deposit Accounts 2322Trust Accounts Indian Band Funds Indian Savings Accounts Other Trust Accounts Securities Held in Trust - Other Trust Accounts (Contra) Indian Estates Account Indian Moneys Suspense Account Consolidated Crown Corporation Trust Accounts 2323Contractor Security Deposits Contractor Security Deposits Held in Trust - Bonds Contractor Security Deposits - Cash and Cheques Contractor Security Deposits Held in Trust - Certified Cheques Securities Held in Trust Contractor Deposits Bonds (Contra) Securities Held in Trust Contractor Deposits Certified Cheques (Contra) 233 Provincial and First Nations Tax Collection Agreements Accounts Provincial Tax Collection Agreements Accounts - Personal Income Taxes Personal Income Taxes - Calendar Year Personal Income Taxes - Calendar Year Personal Income Taxes - Calendar Year Personal Income Taxes - Calendar Year Personal Income Taxes - Calendar Year Personal Income Taxes - Calendar Year Personal Income Taxes - Calendar Year Personal Income Taxes - Calendar Year 2007 Page 24 of 52

25 23318 Personal Income Taxes - Calendar Year Personal Income Taxes - Calendar Year Provincial Tax Collection Agreements Accounts - Corporate Income Taxes Corporate Income Taxes - Calendar Year Corporate Income Taxes - Calendar Year Corporate Income Taxes - Calendar Year Corporate Income Taxes - Calendar Year Corporate Income Taxes - Calendar Year Corporate Income Taxes - Calendar Year Corporate Income Taxes - Calendar Year Corporate Income Taxes - Calendar Year Corporate Income Taxes - Calendar Year Corporate Income Taxes - Calendar Year Provincial Tax Collection Agreements Accounts - Harmonized Sales Taxes Harmonized Sales Tax - Calendar Year Harmonized Sales Tax - Calendar Year Harmonized Sales Tax - Calendar Year Harmonized Sales Tax - Calendar Year Harmonized Sales Tax - Calendar Year Harmonized Sales Tax - Calendar Year Harmonized Sales Tax - Calendar Year Harmonized Sales Tax - Calendar Year Harmonized Sales Tax - Calendar Year Harmonized Sales Tax - Calendar Year First Nations Tax Agreement Accounts Excise Taxes - Calendar Year Excise Taxes - Calendar Year Excise Taxes - Calendar Year Excise Taxes - Calendar Year Excise Taxes - Calendar Year Excise Taxes - Calendar Year Excise Taxes - Calendar Year Excise Taxes - Calendar Year Excise Taxes - Calendar Year Excise Taxes - Calendar Year First Nation Goods and Services Tax (FNGST) First Nation Goods and Services - Calendar Year First Nation Goods and Services - Calendar Year First Nation Goods and Services - Calendar Year First Nation Goods and Services Calendar Year 2013 Page 25 of 52

26 23354 First Nation Goods and Services Tax - Calendar Year First Nation Goods and Services Tax (FNGST) - Calendar Year First Nation Goods and Services - Calendar Year First Nation Goods and Services - Calendar Year First Nation Goods and Services - Calendar Year First Nation Goods and Services - Calendar Year Other 2341Major Accounts Payments in regard to Indian Land Claims Net Income Stabilization Account National Defence - Foreign Governments Communications Security Establishment - Foreign Governments Funds on Deposit for Military Purchases Securities Held in Trust for Funds on Deposit for Military Purchases (Contra) 2343Consolidated Crown Corporations Telefilm Canada - Advance Account Other Consolidated Crown Corporations 2344Other Specified Purpose Accounts Other Specified Purpose Accounts Other Specified Purpose Accounts (Contra) 2345Deferred Revenue - Specified Purpose Accounts Deferred Revenue - Specified Purpose Accounts 24 Other Long-Term Liabilities 241 Accounts Payable for more than One Year 2411Long-Term Accounts Payable Contractors Holdbacks Future Asset Restoration Liability Year-end Accruals - Disaster Financial Assistance Liability for settled claims Other Accounts Payable (to be defined) 2414Environmental Liabilities Remediation Liabilities Expected Recoveries (Contra account for Remediation Liabilities) 242 Capital Leases 2421Capital Leases - Land, Buildings and Works Capital Leases - Land Capital Leases - Buildings Capital Leases - Works and Infrastructure 2422Capital Leases - Machinery and Equipment Capital Leases - Machinery and Equipment Capital Leases - Computer Hardware Page 26 of 52

27 24223 Capital Leases - Computer Software Capital Leases - Arms and Weapons Capital Leases - Other Equipment Including Furniture 2423Capital Leases - Vehicles Capital Leases - Ships and Boats Capital Leases - Aircraft Capital Leases - Motor Vehicles (Non-Military) Capital Leases - Military Vehicles Capital Leases - Other Vehicles 243 Alternative Financing Arrangements 2431Alternative Financing Arrangements (Public Private Partnerships) Obligations related to Alternative Financing Arrangements (Public Private Partnerships) 25 Unmatured Debt 251 Unmatured Debt in Canadian Currency 2511Marketable Bonds Marketable Bonds Real Return Bonds 2512Canada Savings Bonds Canada Savings Bonds 2513Treasury Bills Treasury Bills 2514Special Non-Marketable Bonds Issued to Canada Pension Plan (CPP) Investment Fund Special Non-Marketable Bonds Issued to Canada Pension Plan (CPP) Investment Fund 2515Other Unmatured Debt in Canadian Currency Canada Health and Social Transfer (CHST) Supplementary Trust for Health Care Medical Equipment Trust for Health Care Other Unmatured Debt 2516Government Holdings of Unmatured Debt (CONTRA) Government Holdings of Unmatured Debt 252 Unmatured Debt in Foreign Currency 2521Marketable Bonds Marketable Bonds Payable in U.S. Dollars Marketable Bonds Payable in Japanese Yen Marketable Bonds Payable in Euro 2522Canada Bills Canada Bills 2523Canada Notes Canada Notes Page 27 of 52

28 2524Currency Swap Transactions Net Cross-currency SWAPs revaluation 2528Government's Holdings and Securities Held for the Retirement of Unmatured Debt Government's Holdings of Unmatured Debt Securities Held for the Retirement of Unmatured Debt 2529Other Unmatured Debt in Foreign Currency Medium Term Notes 253 Consolidated Crown Corporations and Other Entities 2531Consolidated Crown Corporations and Other Entities Consolidated Crown Corporations and Other Entities - Unmatured Debt Held - Treasury Bill Consolidated Crown Corporations and Other Entities - Unmatured Debt Held - Marketable Bonds 254 Loans or Advances of Specified Purpose Accounts from the Government of Canada 2541Loans or Advances of Specified Purpose Accounts Loans of Employment Insurance Account Advances of Crop Re-Insurance Fund Advances to Agricultural Commodities Stabilization Account Page 28 of 52

29 3 Equity/Deficit 31 Accumulated Deficit, Including Restricted Net Asset 311 Accumulated Deficit Unrestricted 3111Accumulated Deficit Opening Balance, April 1, Accounting Policy Adjustments to Prior Years 312 Restricted Net Asset Accounts Major Consolidated Specific Purpose Accounts Employment Insurance Account Crop Re-Insurance Fund Agricultural Commodities Stabilization Accounts Employment Insurance Operating Account 3122Insurance and Endowment Accounts Oil Pollution Fund Other Insurance Accounts Endowment Accounts 3123Other Consolidated Specified Purpose Accounts Environmental Research Funds Canadian Commercial Bank and Northland Bank Seized Property Proceeds Account Earmarked Fees and Levies New Parks and Historic Sites Account Other Consolidated Specified Purpose Accounts 313 Equity of Crown Corporations 3131Investment by Government of Canada in Enterprise Crown Corporations Details as required 3132Accumulated Deficit or Earned Surplus of Consolidated Crown Corporations and Other Entities Details as required 314 Other Comprehensive Income 3141Other Comprehensive Income Gain or loss on an available-for-sale financial assets Gain or loss on hedges of unrealized foreign currency translation loss and gains Actuarial gains or losses of pensions and other employee future benefits 32 Departmental Net Asset (Liabilities) 32DDD Departmental Net Asset (Liabilities) Organization Transfer Out/In Offset Account 35DDD Organization Transfer Out/In Offset Account 42,43,46 36 Retroactive Adjustment Page 29 of 52

30 36DDD Retroactive Adjustment 42,43,45,46 37 Capital Assets Transfer Out/In Offset Account 37DDD Capital Assets Transfer Out/In Offset Account 42,43,50 38 Accounts Receivable Transition Payment Transfer Out/In Offset Account 38DDD Accounts Receivable - Transition Payment Transfer Out/In Offset Account 42 Page 30 of 52

31 4 Revenue 41 Tax Revenue 411 Income Tax Revenue 4111Personal Income Tax Gross Source Deductions Received Gross Collections Received from Other Sources (excluding Interest and Penalties) Total Income Tax Assessed Refunds Transfers to Employment Insurance (EI) Account Transfers to Canada Pension Plan (CPP) Account Transfers to Provinces Estimated Accrued Revenue (from Source Deductions and Installments) Transfer of Old Age Security Recovery 4112Corporate Income Tax Gross Collections (excluding Interest and Penalties) Refunds Transfers to Provinces Total Corporate Income Tax Assessed Significant Tax Refunds to Certain Industries Estimated Revenue Accrued from Instalments 4113Non-Resident Income Taxes Non-Resident Tax - Gross Tax Received Non-Resident Tax - Refunds Non-Resident Tax Assessed Non-Resident Tax Estimated Revenue 4118Other Income Taxes Other Income Taxes - Estimated Revenue Accrued Other Income Taxes - Assessed 4119Miscellaneous Income Taxes Miscellaneous Income Tax - Gross Collections Miscellaneous Income Tax - Refunds 412 Employment Insurance Contribution Premiums 4121Employment Insurance Contribution Premiums Employment Insurance Contribution Premiums 413 Excise Taxes 4131Goods and Services Tax (GST) Including the Harmonized Sales Tax (HST) Total Goods and Services Tax (GST) / Harmonized Sales Tax (HST) Assessed Gross Goods and Services Tax (GST) / Harmonized Sales Tax (HST) Page 31 of 52

32 41311 Gross Goods and Services Tax (GST) / Harmonized Sales Tax (HST) Received (Net of ITCs) Rebates Refunds and Other Payments Refundable Advance Accounts (for Departmental Purchases) Government Tax Remission Order Transfers of Harmonized Sales Tax (HST) to Provinces Transfer of First Nations Sales Tax to Bands Rebates Assessed 4132Sales Tax Sales Tax Refunds, Rebates and Drawbacks 4133Excise Tax on Gasoline Excise Tax on Gasoline Received Excise Tax on Gasoline - Refunds, Rebates and Drawbacks Excise Tax on Gasoline - Assessed 4134Excise Tax on Aviation Gas and Diesel Fuel Aviation Gas Tax Received Diesel Fuel Tax Received Aviation Gas and Diesel Fuel Tax Refunds, Rebates and Drawbacks Aviation Gas Tax Assessed Diesel Fuel Tax Assessed 4135Petroleum and Gas Revenue Tax Petroleum and Gas Revenue Tax Refunds 4139Other Excise Taxes Tax on Insurance Premiums Other Excise Taxes Received Other Excise Taxes Refunds, Rebates and Drawbacks Other Excise Taxes - Assessed Other Excise Taxes - Other Government Departments (OGD) Assessed 414 Excise Duties 4141Tobacco Products Tobacco Products - Duties Received Tobacco Products - Refunds, Rebates and Drawbacks of Duties Tobacco Products - Duties Assessed 4142Beer and Liquor Products Beer and Liquor Products - Duties Received Beer and Liquor Products - Duty Refunds, Rebates and Drawbacks Beer and Liquor Products - Duties Assessed 4149Other Excise Duties Other Excise Duties Received Other Excise Duties Refunds, Rebates and Drawbacks Other Excise Duties - Assessed Page 32 of 52

33 415 Customs Import Duties 4151Customs Import Duties Customs Import Duties Received Customs Import Duties Refunds, Rebates and Drawbacks Customs Import Duties - Assessed Customs Import Duties - Other Government Departments (OGD) Assessed 416 Other Tax Revenue 4161Other Taxes Other Taxes Received Other Taxes - Refunds, Rebates and Drawbacks Other Taxes Assessed Other Taxes Estimated Revenue Accrued 417 Air Travellers Security Charge 4171Air Travellers Security Charge Air Travellers Security Charge - Received Air Travellers Security Charge - Refunds Air Travellers Security Charge - Assessed (accrual) 418 Softwood Lumber Charges 4181Softwood Lumber Charges Softwood Lumber - Charges Softwood Lumber - Charge on Refunds of Duty Deposits 42 Other Revenue 421 Return on Investments (ROI) 4211Return on Investments (ROI) from Enterprise Crown Corporations Bank of Canada Canada Deposit Insurance Corp Canada Mortgage and Housing Corporation Farm Credit Canada Export Development Canada Business Development Bank of Canada Other Enterprise Crown Corporation 4212Other Returns on Investments (ROI) from Outside the Government National Governments, excluding Developing Countries Developing Countries Provinces and Territories Persons Export Trade Development Joint and Mixed Enterprises Other Returns on Investments (ROI) from Outside the Government 4213Investment Income Exchange Fund Account Page 33 of 52

34 42132 Interest on Bank Deposits Premium on Foreign Exchange Premium on Foreign Exchange Re-Valuations at Year-End International Monetary Fund 4214Return on Investments (ROI) from Within the Government Interest from Employment Insurance (EI) Fund (Offset to 52311) Interest from Agricultural Commodities Stabilization Accounts Interest from Other Consolidated Specified Purpose Accounts (offset to 52232) Interest from Other Specified Purpose Accounts Interest from Revolving Funds Other Return On Investments (ROI) from Other Departments 4215Return on Investments (ROI) from Consolidated and Other Crown Coporations Return On Investments (ROI) from Ports Corporations Return On Investments (ROI) from Consolidated Crown Corporations - Contra Return On Investments (ROI) from Any Other Crown Corporations 4216Amortization of Discounts Amortization of Discounts 422 Consolidated Crown Corporation Revenue 4223Telefilm Canada Telefilm Canada 4229Crown Corporation Revenue Consolidated Crown Corporation Revenue Enterprise Crown Corporation Modified Equity - Share of Profit Consolidated Crown Corporation Revenue - Contra 423 Sales of Goods and Services 4231Sales of Goods and Services Rights and Privileges Lease and Use of Public Property Services of a Regulatory Nature Services of a Non-Regulatory Nature Sales of Goods and Information Products Other Fees and Charges Services to other government departments 424 Gains on Sales of Assets 4241Gain on Sale (or Other Disposal) of Physical Assets Gain on Disposal of Capital Assets to Outside Parties Gain on Disposal of Non-Capital Assets to Outside Parties Gain on Sale of Real Property Gain on Sale of (Profit from) Bullion and Coinage Page 34 of 52

35 42417 Gain on sales of Real Property to Canada Lands Company Other Entities - Gain on Disposal of Tangible Capital Assets Crown Corporation - Gain on Disposal of Tangible Capital Assets 4242Gain on Sale of Government Organizations Gain on Sale of Crown Corporations Gain on Sale of Departmental Organizations Gain on Sale of Joint and Mixed Enterprises 425 Interest and Penalties Earned on Revenue 4251Interest and Penalties on Income Tax Revenue Personal Income Taxes Corporate Income Taxes Non-Resident Taxes Source Deductions 4252Interest and Penalties on Other Tax Revenue Goods and Services Tax Energy Taxes Customs Import Duties Other Excise Taxes Employment Insurance (EI) Contributions Excise Duties Air Travellers Security Charge - Interest and Penalties Other Taxes 4253Interest Paid on Tax Refunds Personal Income Taxes Corporate Income Taxes Non-Resident Taxes Goods and Services Tax Other Excise Taxes and Duties Employment Insurance Contributions Other Interest Paid on Tax Refunds 4254Interest on Other Revenue Interest on Overdue Accounts Receivable Interest on Other Revenue 426 Revenue on Consolidated Specified Purpose Accounts Revenues 4261Major Consolidated Specified Purpose Accounts Revenues Interest on Employment Insurance Account from Government of Canada Other Receipts to the Employment Insurance Account Re-Insurance Revenues from Provinces Levies and Other Fees under the Agricultural Commodities Stabilization Board Accounts Other Amounts Received from the Government of Canada Other receipts to the Employment Insurance Operating Account Page 35 of 52

36 42619 Other Accounts 4262Insurance, Donation and Bequest Revenues Tonnage Levies on Oil Carriers for the Ship-Source Oil Pollution Fund Premiums and Other Receipts to Other Insurance Accounts Donations and Bequests to Endowment Accounts 4263Other Consolidated Specified Purpose Accounts Receipts to Environmental Studies Research Fund Receipts to Canadian Commercial Bank and Northland Bank Account Receipts to Seized Property Proceeds Account Fees and Other Levies under Court Awards Receipts to New Parks and Historic Sites Account Other Receipts 427 Other Revenue 4271Miscellaneous Miscellaneous Revenues from Other Consolidated Entities - Contra Revenue from Fines Gifts to the Crown Revenue from Seized Property Revenue from Enterprise Crown Corporations Consolidated Other Entities Revenues Consolidated Other Entities Revenues - Contra Pension Contributions Credited to Revenue Miscellaneous Revenue from Payroll Deductions Miscellaneous 4272Donation and Bequest Revenues Donations to Canadian Institutes of Health Research Interest on Endowment Donations and Bequests Donations and Bequests to Other Accounts 4273Other Revenue for Accounting Purposes Gains on Foreign Exchange Revaluations at Year-End Other Gains on Foreign Exchange Valuations Revenue from Joint Project and Cost Sharing Agreements Gain on Change in Lease Terms 4274Other Revenue for Consolidated Crown Corporations Old Port of Montreal Corporation Other Consolidated Crown Corporations - Contra Other Consolidated Crown Corporations 4275Foreign Exchange Gain/Loss Foreign Exchange Gain/Loss on the Exchange Fund Account Foreign Exchange Gain/Loss Related to the Position with the International Monetary Fund Foreign Exchange Gain/Loss on Unmatured Debt Page 36 of 52

37 42754 Foreign Exchange Gain/Loss on Currency Swap Revaluations Foreign Exchange Gain/Loss on Sovereign Loans Foreign Exchange Gain/Loss-Other Interest on Subscriptions to the International Monetary Fund (IMF) 4276Clearing Accounts for Collection of Respendable Revenue Amounts Respendable Revenue Clearing Page 37 of 52

38 5 Expenses 51 Program Expenses 511 Transfer Payments 5111Transfer Payments to or on Behalf of Individuals Old Age Security and Related Payments Employment Insurance Benefits Child Tax Benefits Goods and Services Tax (GST) Credit to Persons Assistance to Encourage Employment Canada Student Loans or Grants Pensions to Veterans Payments to Native Peoples Other Transfers to Individuals Apprentice Loans Program 5112Transfer Payments to or on Behalf of Individuals Through the Tax System Children's Special Allowances Children Special Allowance Accrual Working Income Tax Benefit Refundable Medical Expense Supplement Child Tax Benefits Accrual Goods and Services Tax (GST) Credit to Persons Accrual Universal Child Care Benefit Energy Cost Benefits 5113Transfer Payments to Other Levels of Government Within Canada Canada Health Transfer Equalization Payments Other Fiscal Arrangement Transfers by Dept of Finance Payments to Territorial Governments for Operating Expenditures Payments Made under Infrastructure Canada Quebec Abatement Canada Social Transfer Other Transfers to Other Levels of Government 5114Transfer Payments to Other Levels of Government Other transfers to Other Levels of Government by Dept of Finance Gas Tax Fund Transfers 5115Payments to Industry Payments to Agricultural Producers Industrial Development Payments Other payments to industry through the tax system Page 38 of 52

39 51159 Other Transfers to Industry 5116Payments to Other Countries and International Organizations International Development Assistance Other Transfers to Other Countries and International Organizations 5117Payments to Organizations, Including Crown Corporations and Non-Profit Organizations Payments to or on Behalf of Native Peoples Consolidated Other Entities Expenses Consolidated Other Entities Expenses - Contra Other Transfers to Non-Profit Organizations - Contra Payments to Crown Corporations Transfer payments by Consolidated Foundations Other Transfers to Non-Profit Organizations 5118Foreign Exchange Gain/Loss Foreign Exchange Gain/Loss on Transfer Payments 5119Payments to Other Sectors Payments to Consolidated Specified Purpose Accounts Provision for Loan Guarantees Other Transfers to any Other Sector 512Crown Corporation and Other Entities Expenses 5129Crown Corporation and Other Entities Expenses Consolidated Crown Corporation Expenses Enterprises Crown Corporation (ECC) - Modified Equity - Share of Losses Consolidated Crown Corporation Expenses - Contra Consolidated other entities expenses Consolidated other entities expenses - Contra 513 Operating Expenses 5131Personnel Operating Expenses Salaries and Wages (including Allowances) Employer Contribution Costs Other Superannuation Related Costs Pension and Similar Payments to Former Employees Pension Provision Adjustments 5132Operating and Maintenance Operating Expenses Cost of Goods Sold for Inventories 514 Amortization Expenses on Capital Assets 5140Amortization Expenses on Leasehold Improvements Amortization Expenses on Leasehold Improvements 5141Amortization Expenses on Capital Assets - Buildings and Works Amortization Expenses - Buildings Amortization Expenses - Works and Infrastructure Page 39 of 52

40 5142Amortization Expenses on Capital Assets - Machinery and Equipment Amortization Expenses - Machinery and Equipment Amortization Expenses - Computer Hardware Amortization Expenses - Computer Purchased and Developed Software Amortization Expenses - Arms and Weapons Amortization Expenses - Other Equipment including Furniture 5143Amortization Expenses on Vehicles Amortization Expenses - Ships and Boats Amortization Expenses - Aircraft Amortization Expenses - Motor Vehicles (Non-Military) Amortization Expenses - Military Vehicles Amortization Expenses - Other Vehicles 5146Crown Corporation - Amortization Expenses on Tangible Capital Assets Crown Corporations - Amortization Expenses - All Categories Other Entities - Amortization Expenses - All Categories 515 Loss on Sale of Assets 5151Loss on Sale or Other Disposal of Physical Assets Loss on Disposal of Physical Assets Loss on Sale of Bullion and Coinage Losses on Sales of Real Property to Canada Lands Company Crown Corporation - Loss on Disposal of Tangible Capital Assets Other entities - Loss on Disposal of Tangible Capital Assets 5152Loss on Sale of Government Organizations Loss on Sale of Crown Corporations Loss on Sale of Departmental Organizations Loss on Sale of Joint and Mixed Enterprise 516 Consolidated Specified Purpose Account Expenditures 5161Major Consolidated Secified Purpose Accounts Expenditures Administration Expenses - Employment Insurance Account Re-Insurance Amounts Paid to the Provinces Payments from Agricultural Commodities Stabilization Board Accounts Administration expenses - Employment Insurance Operating Account Other Accounts 5162Insurance, Donation, Bequest Expenses and Other Payments Pollution Claims and Expenses from the Oil Pollution Fund Payments from Other Insurance Accounts 5163Other Consolidated Specified Purpose Accounts Payments from Environmental Studies Research Fund Payments from Canadian Commercial Bank and Northland Bank Account Payments from Seized Property Proceeds Account Payments from Earmarked Fees and Other Levies Payments from New Parks and Historic Sites Account Page 40 of 52

41 51639 Other Payments 517 Other Program Expenses 5171Investment Expenses Loss on Foreign Exchange Loss on Foreign Exchange Re-Valuations at Year-End Other Investment Expenses 5172Miscellaneous Expenses Export Development Canada - Administration Charges Miscellaneous Special Payments, e.g. Court Awards Government Contingencies Account Suspense Account for Duplicate Payments Interest on Overdue Suppliers Accounts Other Miscellaneous Expenses 5173Other Program Expenses for Accounting Purposes Provision for Valuation Bad Debt Expense Losses on Write-Offs and Write-Downs Amortization of Confederation Bridge Bad Debt - Employment Insurance Payments to other consolidated entities - Contra Other Program Expenses for Accounting Purposes 5174Payments to Enterprise Crown Corporations and Other Entities Export Development Canada Canada Post Corporation Canada Ports Corporation Other Payments to Enterprise Crown Corporations and Other Entities Canada Mortgage and Housing Corporation (Minister's Account) Payments to Consolidated Crown Corporations Payments to Consolidated Crown Corporations - Contra Canadian Broadcasting Corporation Telefilm Canada Marine Atlantic Inc VIA Rail Canada Inc International Development Research Centre National Capital Commission Other Payments to Consolidated Crown Corporations 5176Special Payments Fuel Rebate Program Payments Fuel Rebate Program Accrual Basis 5177Bad Debt Expense - Tax Revenues Personal Income Taxes Corporate Income Taxes Page 41 of 52

42 51773 Goods and Sales Tax (GST) Excise Tax and Duties Energy Taxes Other Taxes Customs Duties and Taxes on Imports Source Deductions Non-Residents 5179Interest Expense on Tax Refunds Interest Expense - Personal Income Taxes Interest Expense - Corporate Income Taxes Interest Expense - Non-Resident Taxes Interest Expense - Goods and Services Tax Interest Expense - Other Excise Taxes and Duties Interest Expense - Other Interest Paid on Tax Refunds 518 Distribution of Provision for Valuation Accounts 5181Provision for Valuation for Transfer Payments to Other Levels of Government Canada Health and Social Transfer (CHST) Medical Care Fiscal Arrangements Provision for Valuation for Other Levels of Government - Other 5182Provision for Valuation for Other Transfer Payments Accounts Payable - Employment Insurance (EI) Benefits Accounts Payable for Crop Reinsurance Valuation for Beef Plan - National Tripartite Stabilization Program (NTSP) Provision for claims and litigations - Indian Affairs and Northern Development Valuation for Other Payments to Persons Provision for veteran payments Provision for RCMP payments Provision for Valuation for all Other Transfer Payments 5183Provision for Valuation for Crown Corporations Provision for Crown Corporations Provision for Crown Corporations (Contra) 5184Provision for Personnel Expenses Personnel Expenses to Defence Personnel Expenses to All Other Departments Provision for Valuation for Interest on Pensions - Finance Provision for Severance Benefits - Military Personnel Expenses to RCMP Provision for Severance Benefits - Public Service Page 42 of 52

43 51847 Provision for Severance Benefits - RCMP Members Provision for Severance Benefits - Others Allowance for Termination Benefits - Departments Provision for Sick Leave Benefit Plan - Departments 5185Provision for Valuation for Other Expenses Agriculture Defence Foreign Affairs, Trade and Development (Department of) Human Resources and Skills Development Canada (HRSDC) Industry and Regional Agencies Indian Affairs and Northern Development (IAND) Other Departments and Agencies 52 Public Debt Charges 521 Interest on Unmatured Debt 5211Marketable Bonds Interest on marketable bonds in Canadian dollars Real Return Bonds Currency Swap Transactions 5212Treasury Bills Treasury Bills 5213Canada Savings Bonds Canada Savings Bonds 5214Bonds for Canada Pension Plan Special Non-Marketable Bonds Issued to the Canada Pension Plan Investment Fund 5215Interest on Other Securities in Canadian Funds Interest on Canadian Money Market Interest on Canada Health and Social Transfer (CHST) and Medical Equipment Trusts Interest on Other Securities in Canadian Funds 5216Interest on Securities in Foreign Currencies Interest on Canada Notes Interest on Canada Bills Interest on marketable bonds in US dollars Interest on marketable bonds in Swiss Francs Interest on marketable bonds in Euros Interest on marketable bonds in Japanese Yens Interest on Medium-Term Notes Interest on marketable bonds - other foreign currencies 522 Interest on Other Liabilities Interest on Superannuation Accounts Interest on Public Service Superannuation Account Page 43 of 52

44 52212 Interest on Canadian Forces Superannuation Account Interest on Royal Canadian Mounted Police (RCMP) Superannuation Account Interest on Members of Parliament (MP) Retirement Allowance Account Interest on Supplementary Retirements Benefit Accounts (SRBA) Interest on Other Superannuation Accounts Interest on Other Pension Liability Accounts 5222Interest on Retirement Compensation Allowance (RCA) Accounts Interest on Retirement Compensation Arrangements Account (RCA) Account No. 1 - Public Servants Interest on Retirement Compensation Arrangements Account (RCA) Account No. 1 - National Defence Interest on Retirement Compensation Arrangements (RCA) Account No. 1 - Royal Canadian Mounted Police (RCMP) Interest on Retirement Compensation Arrangements (RCA) Account No. 2 - Public Servants Interest on Members of Parliament (MP) Retirement Compensation Arrangements (RCA) Account 5223Interest Paid on Consolidated Specified Purpose Accounts Interest Paid to Employment Insurance (EI) Fund (Offset to 42611) Interest on Other Consolidated Specified Purpose Accounts (Offset to 42145) 5224Interest on Other Non-Budgetary Accounts Interest on Canada Pension Plan Account Interest on Other Non-Budgetary Accounts 523 Interest Paid by Other Entities Within the Government INTEREST PAID BY CONSOLIDATED SPECIFIED PURPOSE ACCOUNTS Interest Paid by Employment Insurance (EI) Fund (Offset to 42141) Interest Paid by Other Consolidated Specified Purpose Accounts 5232Interest Paid by Revolving Funds Interest paid by revolving funds 5233Interest Paid by Non-Budgetary Funds and Accounts Interest Paid by Non-Budgetary Funds and Accounts 5239Other Interest Paid Other Interest Paid 524 Other Public Debt Expenses 5241Amortization of Discounts, Premiums and Commissions on Bonds Amortization of Discounts, and Premiums on Marketable Bonds Amortization of Commissions on Canada Savings Bonds Consumer Price Index adjustments on Real Return Bonds 5242Servicing Costs and Costs of Issuing New Loans Servicing Costs Costs of Issuing New Loans Page 44 of 52

45 5249Other Interest Component on Capital Lease Payments Interest Expense related to Alternative Financing Arrangements (Public Private Partnerships) 55 Program Allocation Page 45 of 52

46 6 Cash Reconciliation Control Accounts 61 Cash Payment Control Accounts 61DDD Cash Payment Control Accounts 48,40 62 Cash Deposit Control Accounts 62DDD Cash Deposit Control Accounts 48,40 63 Payroll Control Accounts 63DDD Payroll Control Accounts 48,40 64 Interdepartmental Settlement (I.S.) Debit Control Accounts 64DDD Interdepartmental Settlement (IS) Debit Control Accounts 47,40,41 65 Interdepartmental Settlement (I.S.) Credit Control Accounts 65DDD Interdepartmental Settlement (IS) Credit Control Account 47,40,41 68 Cash Payment Control Account Departmental Bank Account (DBA) and Zero Balance Account (ZBA) Redemptions 68DDD Payment Control Account Departmental Bank Account (DBA) and Zero Balance Account (ZBA) Redemptions 48,40 6X Other Control Accounts 6BDDD Non-Treasury Control Accounts - Department of Finance 48 6CDDD Program Payment Control Accounts 48 Page 46 of 52

47 Appendix A?Release notes in date order Financial reporting accounts for Date Code Status Note Modify 2015 replaces 2005 after 10 years Modify 2015 replaces 2005 after 10 years Modify 2015 replaces 2005 after 10 years Modify 2015 replaces 2005 after 10 years Modify 2015 replaces 2005 after 10 years Create Create Create Modify The title was modified Create Code created as per the Economic Action Plan 2014, No 1 Code created as per the Economic Action Plan 2014, No 1 Code created as per the Economic Action Plan 2014, No 1 New FRA created for new requirements related to Remediation Liabilities Activated New FRA to be used only by CRA Activated New FRA to be used only by CRA Modify Modify Modify Modify Modify Modify Modify Modify Modify Page 47 of 52

48 Modify Modify Modify Modify Modify Modify Modify Modify Modify Modify DDD Create This code was created for the transer of Payment in Transition Accounts Receivable Modify 2014 replaces 2004 after 10 years Modify 2014 replaces 2004 after 10 years Modify 2014 replaces 2004 after 10 years Modify 2014 replaces 2004 after 10 years Modify 2014 replaces 2004 after 10 years Create Code created at the request of the OCG Page 48 of 52

49 Appendix A?Release notes in code order Financial reporting accounts for Code Date Status Note Create Code created at the request of the OCG Modify Modify Modify Modify Modify Modify Modify Modify Modify Modify Modify Modify Create Create Modify Modify Code created as per the Economic Action Plan 2014, No 1 Code created as per the Economic Action Plan 2014, No Activated New FRA to be used only by CRA Modify Page 49 of 52

50 Modify The title was modified Modify 2014 replaces 2004 after 10 years Modify 2015 replaces 2005 after 10 years Modify 2014 replaces 2004 after 10 years Modify 2015 replaces 2005 after 10 years Modify 2014 replaces 2004 after 10 years Modify 2015 replaces 2005 after 10 years Modify 2014 replaces 2004 after 10 years Modify 2015 replaces 2005 after 10 years Modify 2014 replaces 2004 after 10 years Modify 2015 replaces 2005 after 10 years Create 38DDD Create Modify Modify Create Modify Modify New FRA created for new requirements related to Remediation Liabilities. This code was created for the transer of Payment in Transition Accounts Receivable. Code created as per the Economic Action Plan 2014, No Activated New FRA to be used only by CRA Page 50 of 52

51 Appendix B Endnotes 1. Accrual for goods and services received, but invoice has not yet been received and also includes accrual of estimated amounts set up at year end under PAYE. 2. The breakdown for accumulated amortization must fit into the breakdown required in the Policy on the Capitalization of Assets. Separate accounts will be needed in departmental systems for each type of capital asset. 3. For material amounts not yet billed. 4. Assets under construction will be recorded as work in progress and on completion will be re allocated to the capital asset account(s) that describes the asset. 5. All inventories held for future program outputs and/or further processing. Inventories held for resale are to be included in the FRA group Not to be used by departments until the responsibility for the allowances for valuation is transfered to departments. 7. These accounts will be used by departments; the amounts in these accounts will be transferred on consolidation in the CFMRS to FRA They should be cleared to CCRA by I.S. prior to March31 of each year. 8. These advances may be for travel or for petty cash purposes. 9. Many of these advances are charged to departmental appropriations in the Authority codes at the time the advance is made, and then recorded at year end as an asset in the Financial Reporting Accounts (if it has not been re paid). 10. These payments are made to the private sector only (See account for payments made to national governments). 11. Breakout by province or territory of these accounts is not required centrally. Departments will need to keep data by province in their departmental systems to meet annual Public Accounts requirements. 12. Departments will be required to identify loans and advances of less than one year in their departmental systems, so the amounts are available at year end for supplementary analysis purposes. 13. The balance in this account must be zero at year-end. 14. Credit side of these accounts are in 2541 series. 15. Capital lease obligations for these assets are included in Deductions include those for Supplementary Death Benefits. 17. Last digit in the account numbers identifies the relevant calendar year. 18. Details for these accounts are in the Authority code. 19. Additional information for the pension accounts is in the class objects. 20. Account required by some cluster groups for systems purposes. 21. Account not to be used by departments until further notice. 22. GST payable to CCRA will be recorded in these accounts by departments. 23. Accounting requirements to be done by departments unless otherwise specified for an individual account. 24. Excludes amounts that are offset as payables for student loans repayments, garnisheed amounts, and CPP or EI refunds. 25. Debit side of these accounts are in Details for restricted or special accounts due to legislation (e.g. E.I. account) will be reported in the Authority classification. Only those that meet PSAB definitions for restricted accounts will be recorded in the 312 series. 27. GST amounts will also include amounts for the Harmonized Sales Tax (HST), in provinces where the HST is applicable. Page 51 of 52

52 28. This account relates to the GST payable on their purchases by all departments. This account may not be used by departments, but instead will be input from FRA through a consolidation adjusting entry in CFMRS. 29. Regulatory services are provided in accordance with regulations where the government is the only unity providing the service. Non regulatory services are those that are available on the "free market". 30. This account will include some amounts previously included in Miscellaneous Non tax revenue (FRA 42719). 31. Includes provinces, territories and the MUSH (municipalities, universities, schools and hospitals) group. 32. This will include Minister s salaries and motor car allowance. 33. This will include all government contributions to employee benefit plans. 34. This includes any non amortised capital expenditures. 35. The type of court award, etc... is identified in the Authority codes. 36. Responsibility for accounting for provision for valuation to remain with Treasury Board Secretariat until further notice. 37. These payments relate to payments of budgetary appropriated amounts by home departments on behalf of the ministry. 38. Represents interest on certain Specified Purpose Accounts (i.e. liabilities). 39. Represents amounts paid as interest by certain loan or advance, or Specified Purpose accounts (i.e.assets or liabilities) to the Government of Canada (i.e. included elsewhere as revenue to the government). 40. Last 3 digits will identify the department responsible for the cash reconciliation control account. 41. Objects starting with a 9 identify the other department in Interdepartmental Financial Transactions (as per the I.S. system). 42. Receiver General Manual Chapter 10 "Accounting Entries" at this URL address: Receiver General Manual Chapter 14 "Year End Timetable and Procedures" at this URL address: Reference: Financial Information Strategy Accounting Manual at this URL address: Receiver General Information Notice (RGIN) at this URL address: Chapter 3 "Departments and Numbers" of the Government-wide Chart of Accounts. 47. "I" indicator only is to be used with this account. 48. "E" indicator only is to be used with this account. 49. "I" indicator to be used with this account except for opening balance. Page 52 of 52