Province of Ontario consolidated financial statement of accumulated deficit

the following excludes notes and schedules and represents a ten year history of Ontario's Consolidated Statement of Accumulated Deficit

data extracted from the Ontario Public Accounts


Province of Ontario 10-year history of statement of accumulated deficit
$millions$ 2015-16 2014-15 2013-14 2012-13 2011-12 2010-11 2009-10 2008-09 2007-08 2006-07
Accumulated Deficit at Beginning of Year -187,511 -176,634 -167,132 -158,410 -144,573 -130,957 -112,785 -105,617 -106,776 report
Incr. in Fair Value of Ont. Nuclear Funds at Beginning 0 0 0 0 0 0 0 0 1,494 not
IFRS Transitional Impact 0 0 0 0 -758 0 0 0 0 available
Pension Asset Valuation Allowance -9,154 0 0 0 0 0 0 0 0
PSAB Adjustment for Liabilities for Contaminated Sites 0 -1,683 0 -141 -107 0 0 0 0
Restated Accumulated Deficit at Beginning of Year -196,665 -178,317 -167,132 -158,551 -145,438 -130,957 -112,785 -105,617 -105,282
less:Unfunded Liability Adjustment 0 0 0 0 0 0 0 0 0
less: Net Assets of Broader Public Sector Orgs 0 0 0 0 0 0 0 0 0
Annual Deficit -5,029 -10,315 -10,453 -9,220 -12,969 -14,011 -19,262 -6,409 600
Increase in Fair Value of Ontario Nuclear Funds -1,003 1,121 951 639 -3 395 1,090 -1,212 -935
Accumulated Deficit at End of Year -202,697 -187,511 -176,634 -167,132 -158,410 -144,573 -130,957 -113,238 -105,617


Last Modified Date: 04/05/2017