CMC Microsystems

 



For the year ended March 31

 2009

 2008

NSERC
Funded
Portion of
the National
Design
Network

Other

 

 

 ICP

 

Total

 

Total
Revenue        
Grant from Natural Sciences and Engineering
Research Council of Canada/ICP		 $ 8,675,495 $             -  $ 1,024,505 $ 9,700,000  $ 9,700,060
Engineering fees  345,225 -
 -   345,225  522,088
Cost sharing for fabrication   63,835  246,097 -
 309,932  268,425
Interest  -  81,476  - 81,476   132,380
Donations for courses and annual symposium  -  43,487   -  43,487  - 
Other - cost sharing  -  94,061   -   94,061  - 
  9,084,555  465,121  1,024,505  10,574,181  10,822,211
           
Expenditures
 
   
Salaries and Benefits   4,672,044  -   661,422  5,333,466  5,285,705
Equipment purchases and development  contracts  2,715,421   -  -  2,715,421  1,965,613
Travel  435,741   -  672  436,413   477,329
Contract services  119,961   -  -  119,961  123,849
Rent overhead -
  -   303,471  303,471  331,751
Office and miscellaneous 135,328    35,138  -   170,466  174,494
Training  281,830    -  -  281,830  377,356
Professional fees  273,500  -  42,244  315,744  460,261
Telephone  78,110  -   -   78,110  90,973
Employee search and outplacement costs  47,809  -   -   47,809  58,598
Insurance  -   -   26,695  26,695  30,251
Amortization  253,306  18,648  -   271,954  311,058
Foreign exchange loss  11,637  -   -   11,637 55,024
Furnishings  -  11,649  -   11,649   -
Small equipment, supplies and equipment
maintenance		  10,475  -   -   10,475  41,504
Repairs and alterations to premises  6,180  -   242  6,422  2,539
Printing  8,432  -   -   8,432  96,195
Write-off assets  99,199  -   -   99,199   -
  $ 9,148,973 $   65,435 $ 1,034,746 $ 10,249,154  $ 9,882,500
Excess of revenue over expenditures
(expenditures over revenue) for the year
  $   (64,418)
  $ 399,686
  $   (10,241)
  $     325,027
  $    939,711