Federal annual and accumulated Net Deficit/Surplus

the following statement represents the calculations of a)the annual deficit and b)the accumulated deficit the Federal Government for the past ten years

Sourced from the Consolidated Financial Statements as published in the Public Accounts.


calculation of the annual deficit and of the accumulated deficit for the past ten years
(millions)
Period Period Period Period Period Period Period Period Period Period
Ending Ending Ending Ending Ending Ending Ending Ending Ending Ending
3/31/216 3/31/2015 3/31/2014 3/31/2013 3/31/2012 3/31/2011 3/31/2010 3/31/2009 3/31/2008 3/31/2007
Accumulated Deficit (beginning) -612,330 -611,881 -602,441 -582,176 -550,327 -519,097 -463,710 -457,637 -467,268 -481,499
   
Total Revenues 295,453 282,346 271,677 256,635 245,203 237,091 218,600 233,092 242,420 235,965
Total Expenses 296,440 -280,435 -276,827 -275,564 -271,423 -270,463 -274,198 -238,847 -232,823 -222,213
Annual (deficit) Surplus -987 1,911 -5,150 -18,929 -26,220 -33,372 -55,598 -5,755 9,597 13,752
Adjustment Previous Year Restatement 0 0 0 0 0 0 0 0 0 0
AccumulatedSickLeaveEntitlements 0 0 0 -1,400 0 0 0 0 0 0
Other comprehensive (loss) income -2,669 0 0 64 -2,292 2,142 211 -318 34 479
Accounting Changes and Restatement 0 0 -6,950 0 0 0 0 0 0 0
Transition Adjustment 0 0 0 0 -3,337 0 0 0 0 0
Other Comprehensive  (Income) 0 -2,360 2,660 0 0 0 0 0 0 0
Accumulated Deficit (ending) -615,986 -612,330 -611,881 -602,441 -582,176 -550,327 -519,097 -463,710 -457,637 -467,268


Last Modified Date: 04/05/2017