2011-12 Departmental Performance Report
Section III: Supplementary Information
Financial Highlights
| Change % |
2011–12 | 2010–11 | |
|---|---|---|---|
| Total liabilities | (34.9%) | 15.1 | 23.2 |
| Total financial assets | (20.0%) | 10.8 | 13.5 |
| Departmental net debt | (55.7%) | 4.3 | 9.7 |
| Total non-financial assets | (20.8%) | 3.8 | 4.8 |
| Departmental net financial position | 89.8% | (0.5) | (4.9) |
| Change % |
2011–12 | 2010–11 | |
|---|---|---|---|
| Grants and awards | (1.3%) | 965.3 | 978.3 |
| Refunds of previous year's grants and awards | 38.1% | 5.8 | 4.2 |
| Operating expenses | (7.4%) | 61.0 | 65.9 |
| Total expenses | (1.9%) | 1,020.5 | 1,040.0 |
| Total revenues | 29.8% | 14.8 | 11.4 |
| Net cost of operations before government funding | (2.2%) | 1,005.7 | 1,028.6 |
| Departmental net financial position | 89.8% | (0.5) | (4.9) |
Condensed Statement of Financial Position
Total liabilities and total financial assets decreased by $8.1M and $2.7M, respectively, as compared to 2010–11, having a positive impact on the Departmental net debt. These corresponding decreases resulted directly from the following:
- Changes to the Terms and Conditions of employment of CIHR executives and non-represented employees, whereby the accumulation of severance benefits ceased for these employees on October 1, 2011, resulting in a decreased liability of $5.6M;
- Cost containment measures implemented at CIHR to control expenditures, resulted in a decreased liability of $1.3M;
- CIHR funded $3.3M of additional research grants and awards from external party monies resulting in a decreased liability of $1.2M;
Total non-financial assets decreased by $1.0 M as a direct result of the reductions noted above for liabilities.
Condensed Statement of Operations and Departmental Net Financial Position
Overall, total expenses and net cost of operations before government funding decreased by $19.5M and $22.9M respectively, as compared to 2010–11. These corresponding decreases are mostly attributable to the 1.4% decrease in Parliamentary authorities provided by the Government of Canada following the 2008 Strategic Review exercise.
Grants and awards decreased by 1.3% (or $13M) primarily due to the ending of temporary funding for the Canada Graduate Scholarship program and to the sunsetting of the Pandemic Preparedness Strategic Research Initiative ($6M).
Total operating expenses decreased by 7.4% (or $4.9M) primarily due to decreased professional and special services ($3.1M) and employee salaries and benefits ($1.8M), as CIHR established an integrated operational planning process and a vacancy management process to implement fiscal restraint measures.
Financial Highlights Charts and/or Graphs
Allocation of CIHR Expenses between Grants and Operating Expenses ($1,026M)
As evidenced above, CIHR spent 94% of its available resources directly to funding health research CIHR's primary goals are to fund the improvement of health and the health system through the creation of new knowledge across all areas of health research, to build health research capacity by supporting the training and careers of excellent health researchers, to support and facilitate the commercialization of health research, and to support the creation of new knowledge in strategic priority areas and its translation into improved health and a strengthened health system.
Allocation of CIHR Grants and Awards Expenses ($965.3M)
As demonstrated by the aforementioned chart, a significant portion of CIHR's grants and awards expenses are incurred to fund programs included under the Health Knowledge program activity including the Open Operating Grant Program to support the best health research and sustain research excellence.
CIHR allocates a large portion of its budget to fund programs under the Health and Health Services Advances program activity. These investments support the best research and researchers through targeted initiatives aligned with CIHR's strategic directions. These strategic investments address emerging health threats and other important health issues of concern to Canadians, including obesity, cancer, vulnerable populations, HIV/AIDS and patient-oriented research. Knowledge translation programs also form a significant portion of Health and Health Services Advances program activity. Knowledge Translation (KT) is a critical and growing part of CIHR's mandate focused on the synthesis, exchange and ethically-sound application of knowledge to accelerate the capture of the benefits of research for Canadians through improved health, more effective services and products and a strengthened health care system. A large portion of the program activity is also allocated to fund programs under the Strategy for Patient-Oriented Research initiative, a strategy implemented to support the translation of innovative diagnostic and therapeutic approaches to the point of care, as well as to help provinces and territories meet the challenge of delivering high quality, cost-effective health care.
Grants and awards expenses related to the Health Researchers program activity are designed to support the best researchers in health research. Key programs such as the Canada Research Chairs Program, Canada Graduate Scholarships (CGS) Program, Banting Fellowships program, Vanier CGS program and the Canada Excellence Research Chairs Program will help Canada attract and retain some of the world's most accomplished and promising minds.
CIHR funds research commercialization programs, such as the Networks of Centres of Excellence Program and the Centres of Excellence for Commercialization and Research Program, to catalyze innovation and help transform today's research discoveries into tomorrow's health solutions
Financial Statements
CIHR's 2011-12 Audited Financial Statements can be found on the CIHR website and form an integral part of the Annual Report. Included with this year's audited financial statements are the:
- Statement of Management Responsibility Including Internal Control Over Financial Reporting;
- Financial Statements and notes; and
- Annex: Summary of the Assessment of Effectiveness of the Systems of Internal Control (with Action Plan).
List of Supplementary Information Tables
Electronic supplementary information tables listed in the 2011–12 Departmental Performance Report can be found on CIHR website.iv
- Details on Transfer Payment Programs
- Greening Government Operations
- Internal Audits and Evaluations
- Sources of Respendable and Non-Respendable Revenue
Section IV: Other Items of Interest
Organizational Contact Information
Canadian Institutes of Health Research
160 Elgin Street, 9th Floor
Address Locator 4809A
Ottawa, ON, K1A 0W9
Canada
General Inquiries: 613-941-2672
Toll Free: 1-888-603-4178
Fax: 613-954-1800
Grants & Awards Information: 613-954-1968
Toll Free: 1-888-603-4178 (press 1)
Email: support-soutien@cihr-irsc.gc.ca
Additional Information
Web Links:
- CIHR
- 13 institutes
- Natural Sciences and Engineering Research Council
- Social Sciences and Humanities Research Council
- Health Research Roadmap
- Three-year implementation plan and progress report
- Risk Management Framework
- Corporate Risk Profile
- Canada's Economic Action Plan
Endnotes
- Whole-of-Government Framework
- Cabinet Directive on the Environmental Assessment of Policy, Plan and Program Proposals
- Public Accounts of Canada 2012 [ PDF (1.90 MB) - external link]
- Canadian Institutes of Health Research
- Date modified: