Museums Act - National Gallery of Canada
Museums Act - National Gallery of Canada
Museums Act - National Gallery of Canada
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
STATEMENT OF OPERATIONS AND EQUITY<br />
For the year ended 31 March<br />
(in thousands <strong>of</strong> dollars) 2003 2002<br />
Operating revenue and contributions (Schedule 1) $ 7,869 $ 7,901<br />
Expenses<br />
Collections and Research<br />
Operations 4,735 4,299<br />
Art acquisitions (Note 5) 6,433 3,113<br />
Total - Collections and Research 11,168 7,412<br />
Outreach 1,535 1,058<br />
Public Affairs 6,915 5,762<br />
Development 3,991 3,882<br />
Exhibitions and Collections Management 5,867 6,232<br />
Facilities 15,623 14,449<br />
Administration 5,650 5,556<br />
Total expenses (Schedule 2) 50,749 44,351<br />
Net result <strong>of</strong> operations before government funding 42,880 36,450<br />
Parliamentary appropriations (Note 13) 43,031 36,837<br />
Results <strong>of</strong> operations after government funding 151 387<br />
Equity <strong>of</strong> <strong>Canada</strong> - beginning <strong>of</strong> year 2,825 2,438<br />
Equity <strong>of</strong> <strong>Canada</strong> - end <strong>of</strong> year $ 2,976 $ 2,825<br />
Amortization (Schedule 2)<br />
The accompanying notes form an integral part <strong>of</strong> the financial statements.<br />
Annual Report 2002–2003 69
Change language