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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