12. Transfers from/to other government departments
Effective November 15, 2011, the Agency transferred responsibility for the information technologies activities to Shared Services Canada in accordance with the Order-in-Council of November 15th 2011, including stewardship responsibility for the assets and liabilities. Accordingly, the Agency transferred the following assets and liabilities related to information technologies activities to Shared Services Canada on November 15, 2011:
| (In thousands of dollars) | 2012 |
|---|---|
| Assets | |
| Accounts receivable (Note 7) | 105 |
| Tangible capital assets (Note 8) | $4,919 |
| Total assets transferred | 5,024 |
| Liabilities: | |
| Accounts payable and accrued liabilities (Note 5) | 1,075 |
| Vacation pay | 162 |
| Employee severance benefit (Note 6(b)) | 931 |
| Total liabilities transferred | 2,168 |
| Adjustment to the Agency net financial position | $2,856 |
During the transition period, the Agency continued to administer the transferred activities on behalf of Shared Services Canada. The administered expenses amounted to $6,561,000 for the year. These expenses were recorded as service provided without charge (Note 11 (a)).
For fiscal year 2010-1011, Public Works and Government Services Canada transferred capital assets to the Agency for a net book value of $6,203,000.
13. Segmented information
Presentation by segment is based on the Agency’s program activities architecture. The presentation by segment is based on the same accounting policies as described in the Summary of significant accounting policies in note 3. The following table presents the expenses incurred and revenues generated by program, by major object of expenses and by major type of revenues. The segment results for the period are as follows: