Statement of Cash Flows

Year ended March 31
(In thousands of dollars)

  2012 2011 Restated
(Note 2)
Operating activities
Cash received from:    
Fees, permits and certificates $ (60,240) $ (56,864)
Cash paid for:
Salaries and employees benefits 611,756 581,369
Operating and maintenance 137,415 136,677
Transfer payments 3,086 5,096
Revenues collected on behalf of Government (776) (258)
Cash used by operating activities 691,241 666,020
Capital investment activities
Acquisition of tangible capital assets 14,277 50,065
Proceeds from disposal of tangible capital assets (119) (218)
Cash used by capital investment activities 14,158 49,847
Net cash provided by Government of Canada $ 705,399 $ 715,867

The accompanying notes are an integral part of these financial statements.