Electric Utility Financial Report Annual Survey 2022

Why are we conducting this survey?

This survey is conducted by Statistics Canada in order to collect the necessary information to support the Integrated Business Statistics Program (IBSP). This program combines various survey and administrative data to develop comprehensive measures of the Canadian economy.

The statistical information from the IBSP serves many purposes, including:

  • Obtaining information on the supply of and demand for energy in Canada.
  • Enabling governmental agencies to fulfill their regulatory responsibilities in regards to public utilities.
  • Enabling all levels of government to establish informed policies in the energy area.
  • Assisting the business community in the corporate decision-making process.
  • Your information may also be used by Statistics Canada for other statistical and research purposes:
  • Supporting the government in making informed decisions about fiscal, monetary and foreign exchange policies.
  • Enabling academics and economists to analyze the economic performance of Canadian industries and to better understand rapidly evolving business environments.

Your information may also be used by Statistics Canada for other statistical and research purposes.

Your participation in this survey is required under the authority of the Statistics Act.

Other important information

Authorization to collect this information

Data are collected under the authority of the Statistics Act, Revised Statutes of Canada, 1985, Chapter S-19.

Confidentiality

By law, Statistics Canada is prohibited from releasing any information it collects that could identify any person, business or organization, unless consent has been given by the respondent, or as permitted by the Statistics Act. Statistics Canada will use the information from this survey for statistical purposes only.

Record linkages

To enhance the data from this survey and to reduce the response burden, Statistics Canada may combine the acquired data with information from other surveys or from administrative sources.

Data sharing agreements

To reduce the response burden, Statistics Canada has entered into data sharing agreements with provincial and territorial statistical agencies and other government organizations, which have agreed to keep the data confidential and use them only for statistical purposes. Statistics Canada will only share data from this survey with those organizations that have demonstrated a requirement to use the data.

Section 11 of the Statistics Act provides for the sharing of information with provincial and territorial statistical agencies that meet certain conditions. These agencies must have the legislative authority to collect the same information, on a mandatory basis, and the legislation must provide substantially the same provisions for confidentiality and penalties for disclosure of confidential information as the Statistics Act. Because these agencies have the legal authority to compel businesses to provide the same information, consent is not requested and businesses may not object to the sharing of the data.

For this survey, there are Section 11 agreements with the provincial and territorial statistical agencies of Newfoundland and Labrador, Nova Scotia, New Brunswick, Quebec, Ontario, Manitoba, Saskatchewan, Alberta, British Columbia and the Yukon.

The shared data will be limited to information pertaining to business establishments located within the jurisdiction of the respective province or territory.

Section 12 of the Statistics Act provides for the sharing of information with federal, provincial or territorial government organizations. Under Section 12, you may refuse to share your information with any of these organizations by writing a letter of objection to the Chief Statistician, specifying the organizations with which you do not want Statistics Canada to share your data and mailing it to the following address:

Chief Statistician of Canada
Statistics Canada
Attention of Director, Enterprise Statistics Division
150 Tunney’s Pasture Driveway
Ottawa, Ontario K1A 0T6

You may also contact us by email at Statistics Canada Help Desk- this link will open in a new window or by fax at 613-951-6583.

For this survey, there are Section 12 agreements with the statistical agencies of Prince Edward Island, Northwest Territories and Nunavut, as well as with the provincial and territorial government ministries responsible for the energy sector, the Canada Energy Regulator, Natural Resources Canada and Environment and Climate Change Canada.

For a complete list of the provincial and territorial government ministries responsible for the energy sector, you can visit the following link: Information for survey participants

For agreements with provincial and territorial government organizations, the shared data will be limited to information pertaining to business establishments located within the jurisdiction of the respective province or territory.

Business or organization and contact information

1. Verify or provide the business or organization’s legal and operating name, and correct information if needed.

Note: Legal name should only be modified to correct a spelling error or typo.
Note: Press the help button (?) for additional information.

Legal name

Operating name (if applicable)

2. Verify or provide the contact information for the designated contact person for the business or organization, and correct information if needed.

Note: The designated contact person is the person who should receive this questionnaire. The designated contact person may not always be the one who actually completes the questionnaire.

  • First name
  • Last name
  • Title
  • Preferred language of communication
  • Mailing address (number and street)
  • City
  • Province, territory or state
  • Postal code or ZIP code Example: A9A 9A9 or 12345-1234
  • Country
  • Email address Example: user@example.gov.ca
  • Telephone number Example: 123-123-1234
  • Extension number (if applicable)
  • Fax number Example: 123-123-1234

3. Verify or provide the current operational status of the business or organization identified by the legal and operating name above.

  1. Operational
  2. Not currently operational e.g., temporarily or permanently closed, change of ownership

4. Verify or provide the current main activity of the business or organization identified by the legal and operating name above.

Note: The described activity was assigned using the North American Industry Classification System (NAICS).

Note: Press the help button (?) for additional information, including a detailed description of the activity with example activities and any applicable exclusions.

Description and examples

  • This is the current main activity
  • This is not the current main activity

Main activity

5. You indicated that is not the current main activity.
Was this business or organization’s main activity ever classified as ?

  1. Yes
  2. No

6. Search and select the industry activity classification that best corresponds to this business or organization’s main activity.

How to search:

  • If desired, you can filter the search results by first selecting the business or organization’s activity sector.
  • Enter keywords or a brief description that best describe the business or organization’s main activity.
  • Press the Search button to search the database for an industry activity classification that best matches the keywords or description you provided.
  • Select an industry activity classification from the list.

Select this business or organization’s activity sector ()

Enter keywords or a brief description, then press the Search button

Reporting period information

1. What are the start and end dates of this operation’s most recently completed fiscal year?

  • Fiscal year start date Example: YYYY-MM-DD
  • Fiscal year end date Example: YYYY-MM-DD

Balance sheet assets

1. What are the assets, by following categories, of this business, in the fiscal year?

Fixed assets — electric utility at cost

  1. Generating plant
  2. Transmitting plant
    • Include sub-stations.
  3. Distribution plant (urban and rural)
  4. Other property and equipment
  5. Construction in progress
  6. Total (at cost) (Sum of a. to e.)
  7. Accumulated depreciation
  8. Total (less accumulated depreciation) (Sum of total (at cost) - Accumulated depreciation)
  9. Heavy water plants less accumulated depreciation
  10. Other fixed assets less accumulated depreciation

Total fixed assets

(Sum of Total (less accumulated depreciation) + Heavy water plants less accumulated depreciation + Other fixed assets less accumulated depreciation)

Current assets — cash on hand and in banks

  1. Canadian currency
  2. Foreign currency
  3. Temporary investments e.g., short term notes
  4. Accounts receivable (net) e.g., amounts due for electrical services
  5. Inventories e.g., goods to be used in the production process
  6. Advances
  7. Securities
  8. Other (including prepaid expenses)

Total current assets (Sum of a. to h.)

Investment assets

  1. In associated companies e.g., stocks, bonds, or other investments held in other companies
  2. Reserve fund investments
  3. Other investment assets e.g., bonds, debentures, or other investment assets with a maturity date longer than one year

Total investments (Sum of a. to c.)

Deferred charges

  1. Unamortized bond discount
  2. Other deferred charges
  3. Other assets

Total assets

(Sum of Total fixed assets + Total current assets + Total investments + Unamortized bond discount + Other deferred charges + Other assets)

Liabilities and equity

2. What are the liabilities and equity, by the following categories, of this business, in the fiscal year?

Long-term debt

  1. Long-term debt (any debt not liquidated within one year)

Current liabilities

  1. Accounts payable and accrued liabilities e.g., purchases of goods and services
  2. Loans and notes payable e.g., monies expected to be repaid within one year
  3. Accrued interest on long-term debt
  4. Other current liabilities e.g., interest and dividends payable, accrued taxes

Total current liabilities

Total current liabilities (sum of a. to d.)

Deferred credits and other liabilities

  1. Deferred credits and other liabilities e.g., accumulated deferred income tax

Equity — share capital

  1. Share capital e.g., shares of capital stock

Surplus

  1. Capital
  2. Earned i.e., synonymous with retained earnings
  3. Contributed e.g., government subsidies
  4. Reserves e.g., rate stabilization

Total capital, surplus and reserves (Sum of Share capital + Capital + Earned + Contributed + Reserves)

Total liabilities and equity (Sum of Long-term debt + Total current liabilities + Deferred credits and other liabilities + Total capital, surplus and reserves)

Taxes paid or accrued and grants in lieu

3. What were the taxes paid or accrued and grants in lieu for the fiscal year?

Include only direct taxes such as property, excise, export, school etc.
Exclude taxes paid on non-electric utility properties, workers’ compensation, employment insurance, income tax, sales tax on electricity or sales taxes which are not paid directly to a federal, provincial or municipal government.

  1. Municipal and school
  2. Provincial
  3. Federal

Total taxes (Sum of a. to c.)

Operating revenues and expenses account

4. What are the operating revenues and expenses, by the following categories, of this business, in the fiscal year?

Sale of electricity

Exclude sales tax.

  1. Generating plant
  2. Transmitting plant
  3. Distribution plant
  4. Total sale of electricity (Sum of a. to c.)
  5. Sale of steam
  6. Subsidies
    • Operating grants by government to maintain prices at a level below cost of production.
  7. Rental revenue
  8. Dividend revenue
  9. Interest revenue
  10. Other

Total operating revenue

(Sum of a. to i.)

Operating expenses for operations, maintenance and administration

  1. Salaries and wages
  2. Supplementary employee benefits e.g., employer contributions
  3. Cost of fuel used
  4. Cost of material used Estimate if necessary.
  5. Cost of purchased services Estimate if necessary.
  6. Cost of contracted repair and maintenance
  7. Royalty expense e.g., right-of-ways, land
  8. Indirect taxes
    • Include “operating” taxes such as property tax, export tax, school tax, business tax.
  9. Other Specify other

Total operation, maintenance and administration (Sum of a. to i.)

Electricity and depreciation

  1. Electricity purchased
  2. Depreciation

Total operating expense (Sum of Total operation, maintenance and administration + Electricity purchased + Depreciation)

Income

  1. Operating income
  2. Other income

Total income

Total income (Sum of a. to b.)

Income deductions

  1. Interest on long term debt
  2. Exclude taxes reported under operating expenses.
  3. Other deductions

Total income deductions

(Sum of a. to c.)

Net income

(Sum of Total income - Total income deductions)

Changes or events

5. Indicate any changes or events that affected the reported values for this business or organization compared with the last reporting period.

Select all that apply.

  • Strike or lock-out
  • Exchange rate impact
  • Price changes in goods or services sold
  • Contracting out
  • Organizational change
  • Price changes in labour or raw materials
  • Natural disaster
  • Recession
  • Change in product line
  • Sold business or business units
  • Expansion
  • New or lost contract
  • Acquisition of business or business units
  • Vacation or maintenance periods
  • Equipment failure
  • Seasonal operations
  • Increased or decreased market demand
  • Other
  • OR
  • No changes or events

Contact person

6. Statistics Canada may need to contact the person who completed this questionnaire for further information.

Is the best person to contact?

  1. Yes
  2. No

Feedback

7. How long did it take to complete this questionnaire?

Include the time spent gathering the necessary information.

  1. Hours
  2. Minutes

8. Do you have any comments about this questionnaire?