CIRA Annual Report 2007-2008

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2007–2008 CIRA Annual Report5010. DONATED PROPERTY AND SERVICES11. INCOME TAXESDuring the year, voluntary services wereThe organization is a not for profit organizationprovided. Because these services are notunder Section 149(1)(l) of the Income Tax Actnormally purchased by the organization and (Canada) and as such, is exempt from thebecause of the difficulty of determining their payment of income taxes.fair value, other donated services are notrecognized in these statements.12. COMMITMENTSCurrent LeaseThe property and equipment includesThe organization is committed to minimumcontributed computer hardware receivedamount rentals under the long term lease forfrom Sun Microsystems during the 2006 fiscal premises, which expires January 31, 2011.period as their contribution to CIRA’s work Minimum rental commitments remaining underon the ENUM project. The fair value of the this lease approximate $325,981 includingequipment received was $9,380.$115,052 due within one year. Minimumcommitments for successive years are as follows:2010 . . . . . . . . . . 115,0522011 . . . . . . . . . . . 95,877CIRA is also responsible for its share ofoperating costs, which are estimated by thelandlord to be $139,728 per annum.
2007–2008 CIRA Annual Report51Subsequent EventSubsequent to year end, the organizationentered into a new lease for premises whichcommences on August 1, 2008 to and expireson July 31, 2018. This lease replaces the originalpremises lease outlined above. Minimum rentalcommitments under this lease approximate$2,133,653 including $184,537 due within oneyear. Minimum commitments for successiveyears are as follows:13. OPERATIONSIn the normal course of business it is commonfor CIRA to receive claims regarding domainname registrations. Management believesthat these claims will not materially affectthe financial position of the organization. Theorganization is currently unable to estimate theoutcome and the effect, if any, of these claims.Accordingly, no provision has been made inthe accounts for the claims.2010 . . . . . . . . . . . . . . . . . . 219,2762011 . . . . . . . . . . . . . . . . . . 219,2762012 . . . . . . . . . . . . . . . . . . 219,2762013 . . . . . . . . . . . . . . . . . . 235,5162014 to 2018 . . . . . . . . 1,055,772CIRA is also responsible for its share ofoperating costs, which are estimated by thelandlord to be $231,336 per annum.
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Page 6 and 7: 2007-2008 CIRA Annual ReportMESSAGE
Page 8 and 9: In the 10 years sinceit started, CI
Page 11 and 12: “ Finding the right domain namewa
Page 13 and 14: 2DELIVERING ONGOVERNANCEREFORMOUR G
Page 15 and 16: New processes were designed and dep
Page 17 and 18: 3DELIVERINGTO OURCUSTOMERSTOWARD A
Page 19 and 20: “ Bladetape.ca is the mostimporta
Page 21 and 22: Although originally scheduled for A
Page 23 and 24: 4DNS, TECHNOLOGY,AND SYSTEMSA SYSTE
Page 25 and 26: “ My website showcases mywork as
Page 27 and 28: Bolstered by three new staff positi
Page 29 and 30: 5COMMITTING TOHIGHER STANDARDSIN OF
Page 31 and 32: “ Frocks.ca is more than ourdomai
Page 33 and 34: Between January and May, CIRA staff
Page 35 and 36: 6COMMITTINGTO WORLDWIDEOUTREACHA HI
Page 37 and 38: “ Domesticgoddess.ca is myfood bl
Page 39 and 40: CIRA’s new marketing capabilities
Page 41 and 42: 7CANADIANINTERNETREGISTRATIONAUTHOR
Page 43 and 44: CANADIAN INTERNETREGISTRATION AUTHO
Page 45 and 46: 2007-2008 CIRA Annual Report412008$
Page 51 and 52: 2007-2008 CIRA Annual Report47Durin
Page 53: 2007-2008 CIRA Annual Report497. DE
Page 57 and 58: 8STATE OF THEINDUSTRYAs the not-for
Page 59 and 60: REGISTRATIONSDOT CA DOMAIN REGISTRA
Page 61 and 62: REGISTRATIONS (cont.)DISTRIBUTION O
Page 63 and 64: REGISTRANTSREGISTRANT LOCATION BY T
Page 65: 18,000,000.00REGISTRY DATADNS QUERI
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CIRA Annual Report 2007-2008

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