Future-oriented Financial Statements (Unaudited) for fiscal year 2012-2013 ending March 31, 2013 - Note 10 - Contractual obligations

Notes to the Future-oriented Financial Statements

10. Contractual obligations

The nature of INFC's activities can result in some large multi-year contracts and obligations whereby INFC will be obligated to make future payments in order to carry out its transfer payment programs or when the services/goods are received. Significant contractual obligations that can be reasonably estimated are summarized as follows:
(in thousands of dollars)

  2014 2015 2016 2017
and
thereafter
Total
Transfer Payments:
Canada Strategic Infrastructure Fund 181,036 65,079 20,668 697 267,480
Border Infrastructure Fund 28,700 4,596 6,566 - 39,862
Gas Tax Fund 1,974,452 - - - 1,974,452
Provincial-Territorial Infrastructure Base Funding 152,528 - - - 152,528
Building Canada Fund–Major Infrastructure Component 353,093 157,322 107,581 19,810 637,806
Building Canada Fund–Communities Component 142,584 105,475 166,422 - 414,481
Green Infrastructure Fund 36,165 - - - 36,165
Total 2,868,558 332,472 301,237 20,507 3,522,774

Legislation enacting permanent funding for the Gas Tax Fund received Royal Assent on December 15, 2011. Contribution funding under this program for 2014-15 is not reflected above but will be reflected in future documents after funding is approved by Parliament through a future Estimates process.

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