Corporate

WSPS 2020 Annual Report

Browse through our library of WSPS policies, annual reports, strategic plans and more.

Issue link: https://www.wsps.ca/resource-hub/i/1414685

Contents of this Issue

Navigation

Page 20 of 35

19 | WSPS.CA/AnnualReport Workplace Safety & Prevention Services Statement of Operations For the year ended March 31, 2021 The accompanying notes are an integral part of these financial statements. 2021 $ 2020 $ Revenue Ministry of Labour, Training and Skills Development funding (note 13) 31,783,201 25,224,108 Training and publication recoveries (note 10) 5,085,836 11,208,807 Amortization of deferred capital contributions 141,516 145,231 Interest income 853,719 1,185,616 Other income 124,332 210,219 Canada Emergency Wage Subsidy 2,866,946 - 40,855,550 37,973,981 Expenditures Salaries 22,684,548 22,699,180 Employee benefits (note 8) 8,183,316 9,917,454 Occupancy 252,895 1,995,350 Program delivery expenses 898,539 1,313,227 Safety product costs 376,143 1,386,734 Travel and vehicle 85,546 1,171,321 IT expenses 2,232,383 1,639,969 Advertising and promotion 679,775 803,671 Professional fees 576,387 658,642 Telecommunications 486,130 285,475 Other personnel costs 358,125 247,864 Volunteer expenses 183,394 210,822 Supplies, service and equipment 110,751 219,282 Insurance 236,825 229,371 Amortization of capital assets 258,295 273,598 Finance charges and bad debts 123,120 173,086 Subscriptions 124,301 123,278 Office and general 95,466 204,491 Equipment and maintenance 88,424 29,541 Research 144,686 79,250 Postage and courier 31,059 44,935 Board of director expenses 1,477 8,461 38,211,585 43,715,002 Surplus (shortfall) of revenue over expenditures before undernoted 2,643,965 (5,741,021) Loss from CHSI (note 4) (2,453,302) (552,061) Surplus (shortfall) of revenue over expenditures for the year 190,663 (6,293,082)

Articles in this issue

Archives of this issue

view archives of Corporate - WSPS 2020 Annual Report