Non-financial assets
Public Accounts of Canada 2019 Volume I—Top of the page Navigation
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Non-financial assets are assets that have an economic life that extends beyond the accounting period and that are intended for consumption in the normal course of operations. They are converted into expense in future periods and include tangible capital assets, inventories, and prepaid expenses.
Tangible capital assets consist of acquired, built, developed or improved tangible assets, which are intended to be used on a continuous basis and are not intended for sale in the ordinary course of business.
Inventories are items of tangible property that are to be used in the delivery of program outputs. Some revolving funds and a few departments may have inventories held for resale to parties outside the Government.
Prepaid expenses and other are disbursements made, pursuant to a contract, before the completion of the work, delivery of the goods or rendering of the service.
| 2019 | 2018 RestatedLink to footnote 1 |
|
|---|---|---|
| Net tangible capital assets, Table 10.2 | ||
| Land | 2,100,162 | 1,814,426 |
| Buildings | 17,441,724 | 15,823,682 |
| Works and infrastructure | 8,965,406 | 8,252,299 |
| Machinery and equipment | 11,745,752 | 11,098,766 |
| Vehicles, Table 10.3 | 14,825,253 | 15,258,580 |
| Leasehold improvements | 1,137,882 | 1,126,801 |
| Assets under construction | 20,188,311 | 17,759,720 |
| Assets under capital leases, Table 10.4 | 2,537,865 | 2,700,728 |
| Subtotal | 78,942,355 | 73,835,002 |
| Inventories | 6,600,924 | 6,679,188 |
| Prepaid expenses and otherLink to footnote 1 | 1,131,142 | 1,119,048 |
| Total | 86,674,421 | 81,633,238 |