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Québec's Budgetary Statistics

Non-budgetary transactions(1),(2)

(millions of dollars)
2014-2015 2015-2016 2016-2017 2017-2018
Investments, loans and advances
General Fund
Government enterprises
Share capital and investments
Investissement Québec — — –100 —
Société ferroviaire et portuaire de Pointe-Noire s.e.c. — — –101 —
Change in the equity value of investments –812 –384 –461 –534
Loans and advances
Investissement Québec –47 –6 98 15
Loto-Québec 50 75 50 40
Société ferroviaire et portuaire de Pointe-Noire s.e.c. — — — –20
Other 1 3 1 —
Subtotal – Government enterprises –808 –312 –513 –499
Individuals, corporations and others –575 –551 –1 456 –203
Subtotal – General Fund –1 383 –863 –1 969 –702
Consolidated entities –763 –108 –558 –1 157
Total – Investments, loans and advances –2 146 –971 –2 527 –1 859
Capital expenditures(3)
General Fund
Net investments –136 –124 –158 –235
Depreciation 136 132 143 141
Consolidated entities –2 312 –2 184 –1 649 –1 903
Total – Capital expenditures –2 312 –2 176 –1 664 –1 997
Retirement plans and other employee future benefits
General Fund
Cost of vested benefits,(6) changes to plans and amortization of actuarial gains (losses) 3 196 3 224 3 140 3 541
Interest on obligations relating to accrued benefits 5 630 5 783 5 818 6 191
Benefits paid and plan-to-plan transfers –5 477 –5 723 –5 961 –6 559
Consolidated entities 313 221 105 167
Total – Retirement plans and other employee future benefits 3 662 3 505 3 102 3 340
Other accounts –292 206 2 475 112
Total non-budgetary transactions –1 088 564 1 386 –404
  1. A negative entry indicates a financial requirement and a positive entry, a source of financing. For the change in cash position, a negative entry indicates an increase and a positive entry, a decrease.
  2. For certain fiscal years, reclassifications have been made to ensure that the data are consistent with the presentation of the public accounts for the subsequent fiscal year.
  3. These amounts exclude investments made under public private partnership that do not have an impact on net financial requirements because they were made and financed by private sector partners.
  4. The accrued benefits expense corresponds to the actuarial value of benefits accrued during the fiscal year, calculated according to the actuarial projected benefit method prorated on years of service.