2004 Crown Investments Corporation of Saskatchewan Annual Report

More documents

Recommendations

Info

Corporate ProfileCIC’s Holdings2004 SnapshotFor more detailed information on these holdings, see pages 50 to 61 of the Management’s Discussionand Analysis, or refer to the Crowns’ web sites for their annual reports.InformationServicesCorporationof SaskatchewanInformation Services Corporation of Saskatchewan (ISC)ISC was established on January 1,2000 as a wholly-owned subsidiaryof CIC. ISC is responsible for theadministration of land titles andsurvey legislation, and the PersonalProperty Registry. Its mandateincludes the re-evaluation, redesignand automation of Saskatchewan’sland titles system and its integrationwith the provincial survey, mappingand geographic information systems,including the development of afoundation for common services.PresidentTotal employeesAssetsRevenueProfitWeb siteMark MacLeod257$50.3 million$44.1 million$8.3 millionwww.isc-online.ca2004C I C10
Corporate ProfileInvestmentSaskatchewanInvestment Saskatchewan Inc.Investment Saskatchewan wasformerly known as CIC IndustrialInterests Inc. It became a standalone subsidiary in September 2003.The corporation’s mandate is toenhance Saskatchewan’s long-termeconomic growth and diversificationby providing investment capital andfinancing, and to prudently manageportfolios of commercially viableinvestments.PresidentTotal employeesAssetsRevenueProfitJanet Wightman18$704.9 million$274.0 million$19.3 millionWeb sitewww.investsask.com2004Saskatchewan Development Fund CorporationThe Saskatchewan DevelopmentFund Corporation was establishedin 1974 to manage a mutual fundopen to investment by Saskatchewanresidents. The corporation laterexpanded its product line byoffering: RRSPs, Deferred ProfitSharing Plans and term certainannuities. By 1982 the mutualand annuity funds had grown toa combined total of about $42million. In 1983 the corporationdiscontinued the sale of newinvestments. Since then, it hasfocused on meeting the needs of theremaining clients and on the orderlywind-down of the remaining assets.General ManagerAssetsRevenueProfitYear end market valueof the Mutual Fund2004Don Axtell$2.8 million$172,773$61,019$3.6 millionNote: The corporation has no direct employees. CIC staff provide executive andadministrative services to the corporation. The corporation does not maintaina web site. A copy of the 2004 annual report can be obtained by contacting thecorporation at (306) 787-5914.11 C I C
Page 2 and 3: 2004 Financial HighlightsCrown Sect
Page 4 and 5: Table Of Contents2004 HighlightsLet
Page 6 and 7: Chair’s MessageSaskatchewan’s C
Page 8 and 9: Corporate ProfileCIC is the financi
Page 10 and 11: Corporate ProfileCIC ManagementThe
Page 12 and 13: Corporate ProfileFinancial and Publ
Page 16 and 17: Corporate ProfileSASKATCHEWAN GOVER
Page 18 and 19: Corporate ProfileSaskatchewan Telec
Page 21: Policy and ProgramsUtility Bundle C
Page 24 and 25: Policy and ProgramsCommitment to Gr
Page 26: Policy and ProgramsCommitment to Yo
Page 30: GovernanceFor the purposes of this
Page 33 and 34: Strategic Direction and Performance
Page 41 and 42: Management’s Discussion and Analy
Page 43 and 44: MANAGEMENT’S DISCUSSION AND ANALY
Page 65:
MANAGEMENT’S DISCUSSION AND ANALY
Page 68 and 69:
Consolidated Statement of Financial
Page 70 and 71:
Consolidated Statement of Cash Flow
Page 72 and 73:
Notes to Consolidated Financial Sta
Page 74 and 75:
Page 76 and 77:
Page 78 and 79:
Page 80 and 81:
Page 82 and 83:
Page 84 and 85:
Page 86 and 87:
Page 88 and 89:
Page 90 and 91:
Page 92 and 93:
Page 94 and 95:
Page 96:
Page 99 and 100:
Non-Consolidated Statement of Finan
Page 101 and 102:
Non-Consolidated Statement of Cash
Page 103 and 104:
Notes to Non-Consolidated Financial
Page 105 and 106:
Page 107:
Page 110:
Pat AtkinsonMinisterPrinted in Sask
show all

2004 Crown Investments Corporation of Saskatchewan Annual Report

Create successful ePaper yourself

Delete template?

Save as template?