Part 6 - Details and Expected Results for Capital Expenditure
Part 6.1 - Departmental Capital Expenditure
Intended Impacts, Outcomes and Objectives
| Intended Impacts, Outcomes or Objectives of Appropriations | Appropriations |
|---|---|
| Outcome: To maintain and upgrade capability of New Zealand Defence Force equipment and infrastructure. Impact: To contribute to effective and efficient NZDF capabilities. | New Zealand Defence Force - Capital Expenditure PLA |
New Zealand Defence Force - Capital Expenditure PLA (M22)
Scope of Appropriation
This appropriation is limited to the purchase or development of assets by and for the use of the New Zealand Defence Force, as authorised by section 24(1) of the Public Finance Act 1989.
Capital Expenditure
| 2011/12 | 2012/13 | ||
|---|---|---|---|
| Budgeted $000 | Estimated Actual $000 | Budget $000 | |
| Forests/Agricultural | - | - | - |
| Land | - | - | - |
| Property, Plant and Equipment | 432,000 | 432,000 | 487,342 |
| Intangibles | - | - | 8,658 |
| Other | - | - | - |
Total Appropriation | 432,000 | 432,000 | 496,000 |
Reasons for Change in Appropriation
Capital expenditure costs are unique according to each year. This appropriation will recognise a $64 million increase over the final 2011/12 estimate as a result of the payments forecast to be made to the Ministry of Defence (MoD) for Specialist Military Equipment (SME) purchases, and other projects managed by the NZDF during 2012/13.
Expected Results
| 2011/12 | 2012/13 | ||
|---|---|---|---|
| Budgeted Standard | Estimated Actual Standard | Budget Standard | |
| Improved Military Capability and Infrastructure | $432 million | $432 million | $496 million |
