Details of Projected Movements in Departmental
Net Assets
Ministry of Education
| Details of Net Asset Schedule | 2011/12 Estimated Actual $000 | 2012/13 Projected $000 | Explanation of Projected Movements in 2012/13 |
|---|---|---|---|
| Opening Balance | 10,291,962 | 10,326,516 | |
| Capital Injections | 65,185 | 142,427 | Injection mainly relates to funding for the school property works programme, including defective buildings ($32 million) and other programmes ($75.638 million) and provision for a public-private partnership for building and maintaining several schools ($8.824 million). The injection also provides $21.600 million for implementation of ultra-fast broadband in schools and $4.365 million for software development. |
| Capital Withdrawals | (24,053) | - | |
| Surplus to be Retained (Deficit Incurred) | (6,578) | - | |
| Other Movements | - | - | |
Closing Balance | 10,326,516 | 10,468,943 |
