2002 Annual Report
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Auditors' Report
To the Joint Committee of the 1986-1990 Hepatitis C Fund
We have audited the 1986-1990 Hepatitis C Fund schedule of disbursements to claimants and related funding requirements for the six-month period ended September 30, 2001. This statement is the responsibility of the Administrator. Our responsibility is to express an opinion on this financial schedule based on our audit.
We conducted our audit in accordance with Canadian generally accepted auditing standards. Those standards require that we plan and perform an audit to obtain reasonable assurance whether the financial schedule is free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial schedule. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial schedule presentation.
In our opinion, this schedule presents fairly, in all material respects, the disbursements to claimants and related funding requirements of the Fund for the six-month-period ended September 30, 2001.
Chartered Accountants
November 9, 2001
Schedule C -Schedule of Disbursements to Claimants and Related
Funding Requirements for the six-month Period Ended September
30, 2001 prepared by Deloitte & Touche LLP
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September 30,
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March 31,
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2001
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2001
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(six months)
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(six months)
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DISBURSEMENTS TO CLAIMANTS
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$ 74,219,478
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$ 59,473,426
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RELATED FUNDING REQUIREMENTS
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Provincial and Territorial Governments
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Newfoundland
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$ 286,119
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$ 219,778
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Prince Edward Island
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55,823
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121,913
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Nova Scotia
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572,305
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383,396
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New Brunswick
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728,258
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396,692
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Quebec
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4,074,592
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3,232,124
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Ontario
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7,170,007
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6,659,718
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Manitoba
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731,876
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604,080
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Saskatchewan
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619,822
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454,796
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Alberta
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2,091,649
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1,248,454
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British Columbia
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3,870,869
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2,896,217
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Yukon
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11,362
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2,841
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North West Territories/Nunavut
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28,973
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-
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20,241,655
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16,220,009
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Government of Canada
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53,977,823
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43,253,417
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$ 74,219,478
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$ 59,473,426
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The 1986-1990 Hepatitis C Fund was established as a
result of the Hepatitis C January 1, 1986 - July 1,
1990 class actions settlement. Its purpose is to make
payments to persons recognized as claimants under the
settlement. The disbursements to claimants and related
funding requirements are administered by the Garden
City Group Canada, a division of Crawford Canada.
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