Assets and liabilities
In 2012/13, the Crown's assets are forecast to be worth $244.3 billion. By 2015/16, total assets will have grown to $264.1 billion.
The single biggest component of the Crown's forecast assets is the social portfolio (assets that are used to deliver public services, such as state highways, social housing, schools, hospitals, student loans and the conservation estate).
Growth in the social asset portfolio will make up over half (57 per cent) of the growth in the Crown's total assets up to 2015/16, reflecting continued investment in priority services.
- Forecast Crown assets
The Crown's total liabilities in 2012/13 are forecast to be $178.1 billion. This will grow to $185 billion in 2015/16.
Most of the Crown's liabilities are in the financial portfolio, which is largely composed of Crown borrowing through the New Zealand Debt Management Office and liabilities in relation to the Canterbury earthquakes. Increasing debt will make up 61 per cent of the growth in total liabilities up to 2015/16.
