Quarterly Financial Report
For the quarter ended September 30, 2014

Statement outlining results, risks and significant changes in operations, personnel and programming

1. Introduction

This quarterly report has been prepared by management as required by section 65.1 of the Financial Administration Act and in the form and manner prescribed by the Treasury Board Accounting Standard 1.3. It should be read in conjunction with the Main Estimates. This report has not been subject to an external audit or review. 

1.1 Authority, Mandate and Program Activities

Status of Women Canada (SWC) is a federal government agency that promotes equality for women and their full participation in the economic, social and democratic life of Canada.

SWC works to advance equality for women and to remove barriers to women's participation in society, putting particular emphasis on three priority areas:

  • Increasing women's economic security and prosperity;
  • encouraging women's leadership and democratic participation; and
  • ending violence against women.

SWC is also responsible for providing strategic policy advice and gender-based analysis support, administering the Women's Program and promoting commemorative events related to women and girls in Canada. The organization also plays an important role in Canada's efforts to meet its international obligations on gender equality.

Further details on SWC's mandate, raison d'être, responsibilities and program activities may be found in the organization's 2014-15 Report on Plans and Priorities and 2014-15 Main Estimates.

1.2 Basis of Presentation

This quarterly report has been prepared by SWC management using an expenditure basis of accounting. The accompanying Statement of Authorities includes the agency's spending authorities granted by Parliament and those used by the agency consistent with the Main Estimates and Supplementary Estimates for the 2014-15 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 moneys 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.

The agency uses the full accrual method of accounting to prepare and present its annual departmental financial statements that are part of the departmental performance reporting process. However, the spending authorities voted by Parliament remain on an expenditure basis.

2. Highlights of fiscal quarter and fiscal year to date (YTD) results

This section highlights the significant items that contributed to the net increase or decrease in resources available for the year and actual expenditures for the quarter ended September 30, 2014 in comparison to the prior year. 

2.1 Significant changes to authorities

As reflected in the Statement of Authorities, total authorities as of September 30, 2014 increased by two percent compared to the total available for use as of September 30, 2013. This increase is due to the operating budget carry-forward received in the second quarter for a total of $466K.

2.2 Significant changes to expenditures

SWC's expenditures in the second quarter of 2014-15 were $6,030K, up 5 percent or $288K from the same period last year, with the following major changes by standard object:  

  • an increase of $198K in transfer payments due to project payment schedules that vary from year to year;
  • an increase of $62K in personnel due to a salary increase administered by collective agreements;
  • an increase of $37K in professional and special services mainly due to an increase in translation services;
  • an overall decrease of $9K in the other categories of expenditures.

For the second quarter of 2014-15, 95 percent of the total gross amount spent are for transfer payments and personnel expenditures.

Figure 1 outlines the total authorities available for use and total expenditures for the second quarter.

Figure 1:
(in thousands)

Highlights of fiscal quarter and fiscal year-to-date results

Figure 1 - Text Equivalent

3. Risks and uncertainties

SWC approaches risk as an integral part of its planning process, recognizing the need for strong risk management in all of its operations, as well as at the corporate level. SWC's corporate risk profile, review of budgetary challenges, management practices and risk mitigation strategies were all monitored on a regular basis by its senior management.

4. Significant changes in operations, personnel and programs

There have been no significant changes in operations, personnel and programs over the last year.

5. Budget 2012 Implementation

No budgetary reductions have resulted from Budget 2012.

Approved by:

Meena Ballantyne, Deputy Head
Gatineau, Canada
November 18, 2014
Anik Lapointe
Chief Financial Officer

Status of Women Canada
Statement of Authorities (unaudited)
For the quarter ended September 30, 2014

(in thousands of dollars) Fiscal year 2014-2015 Fiscal year 2013-2014
Total available for use for the year ending March 31, 2015Footnote * Used during the quarter ended September 30, 2014 Year to date used at quarter-end Total available for use for the year ending March 31, 2014Footnote * Used during the quarter ended September 30, 2013 Year to date used at quarter-end
Vote 25 - Operating expenditures 9,838 2,353 4,805 9,339 2,258 4,613
Vote 30 - Grants and Contributions 19,033 3,376 5,935 19,033 3,178 5,000
Statutory authorities
Employee Benefit Plan 1,204 301 602 1,245 305 616
Total Authorities - Budgetary 30,075 6,030 11,342 29,617 5,741 10,229

Footnotes

Includes only authorities available for use and granted by Parliament at quarter end

Includes only authorities available for use and granted by Parliament at quarter end

Return to footnote * referrer

Status of Women Canada
Departmental budgetary expenditures by Standard Object (unaudited)
For the quarter ended September 30, 2014

(in thousands of dollars) Fiscal year 2014–2015 Fiscal year 2013–2014
Total available for use for the year ending March 31, 2015Footnote * Used during the quarter ended September 30, 2014 Year to date used at quarter-end Total available for use for the year ending March 31, 2014Footnote * Used during the quarter ended September 30, 2013 Year to date used at quarter-end
Total net budgetary expenditures 30,075 6,030 11,342 29,617 5,741 10,229
Expenditures
Personnel 8,500 2,332 4,607 8,398 2,270 4,658
Transportation and communications 708 85 148 605 114 191
Information 151 34 43 131 14 33
Professional and special services 1,243 166 263 1,069 129 235
Rentals 71 4 43 59 17 68
Repair and maintenance 76 1 1 66 0 5
Utilities, materials and supplies 76 6 9 66 6 8
Acquisition of machinery and equipment 215 14 16 188 13 31
Transfer payments 19,033 3,376 5,935 19,033 3,178 5,000
Other subsidies and payments 2 11 277 2 0 0
Total gross Budgetary expenditures 30,075 6,030 11,342 29,617 5,741 10,229
Less Revenues netted against expenditures - - - - - -

Note: Totals may not add up and may not agree with details provided in other public documents due to rounding.

Footnotes

Footnote 1

Includes only authorities available for use and granted by Parliament at quarter end

Return to footnote * referrer