Report on Plans and Priorities
Section 3

Section III: Supplementary Information

3.1 Future-Oriented Statement of Operations

The future-oriented financial highlights presented in this report are intended to serve as a general overview of Infrastructure Canada's financial position and financial operations. The forecasted financial information on expenses and revenues are prepared on an accrual accounting basis to strengthen accountability and to improve transparency and financial management.

Since the Future-Oriented Statement of Operations is prepared on an accrual accounting basis and the forecasted and planned spending amounts presented in other sections of this report are prepared on an expenditure basis, amounts will differ.

A more detailed version of Infrastructure Canada's Future-Oriented Statement of Operationsx and associated notes, including a reconciliation of the net costs of operations to the requested authorities, are available on the Department's website.

Future-Oriented Condensed Statement of Operations
For the Year Ended March 31 (Dollars)
Financial information Estimated Results 2014-2015 Planned Results 2015-2016 Change
Total expenses 3,507,687,000 3,613,455,000 105,768,000
Total revenues 0 0 0
Net cost of operations 3,507,687,000 3,613,455,000 105,768,000

3.2 List of Supplementary Information Tables

The following supplementary information tablesxi are available electronically on Infrastructure Canada's website.

3.3 Tax Expenditures and Evaluations Report

The tax system can be used to achieve public policy objectives through the application of special measures such as low tax rates, exemptions, deductions, deferrals and credits. The Department of Finance publishes cost estimates and projections for these measures annually in the Tax Expenditures and Evaluationsxii publication. The tax measures presented in the Tax Expenditures and Evaluations publication are the sole responsibility of the Minister of Finance.

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