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2001 Annual Report
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Auditors' Notes to the Joint Committee of the 1986 -
1990 Hepatitis C Fund
Deloitte
& Touche
To the Joint Committee of the 1986 - 1990 Hepatitis C
Fund
Re: Canadian Blood Services Expenses
We have performed the procedures listed below in connection
with Mr. Justice Winkler's Court Order (the Order) dated
April 13th, 2000 regarding services to be provided by the
Canadian Blood Services ("CBS") to the Administrator
of the 1986 - 1990 Hepatitis C Fund (the "Fund")
in the amount of $582,300 (excluding Goods and Services
Tax) for the one year period ended March 31, 2001:
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Review of the Order;
-
Review of Mr. J.J. Camp's letter, on
behalf of the Joint Committee, to CBS, dated December
13, 2000, which amended the expenses that CBS could incur
under the Order (the Amendment);
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Detailed discussions regarding how costs
are determined by CBS and allocated to the Fund;
-
Detailed analytical review of CBS' actual
expenses for the year compared to the Order and the Amendment;
and,
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Examined, on a test basis, evidence supporting
amounts recorded as expenditures for the year.
The total amount of expenses incurred by CBS for the one-year
period ended March 31, 2001 was $400,285 (excluding Goods
and Services Tax) (Appendix).
As a result of applying the above procedures, we have found
no exceptions other than the following two matters:
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No formal system was used to track the
time spent on the creation or maintenance of the database.
As a result, CBS was not able to provide us with details
supporting the time and daily rate used to charge the
Fund for these services.
-
Total overhead costs exceeded the amount
authorized under the Order and the Amendment by $2,552.
These procedures in themselves are not sufficient to constitute
an audit of CBS' expenses and therefore we express no opinion
thereon.
This report is solely for your use in connection with your
assessment of expenses incurred by CBS for the one-year
period ended March 31, 2001.
Deloitte & Touche LLP
Chartered Accountants
Ottawa, Canada
May 1, 2001
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