Part 6 - Details and Expected Results for Capital Expenditure
Part 6.1 - Departmental Capital Expenditure
New Zealand Customs Service - Capital Expenditure PLA (M21)
Scope of Appropriation
This appropriation is limited to the purchase or development of assets by and for the use of the New Zealand Customs Service, as authorised by section 24(1) of the Public Finance Act 1989.
Capital Expenditure
| 2011/12 | |||
|---|---|---|---|
| Estimates $000 | Supplementary Estimates $000 | Total $000 | |
| Forests/Agricultural | - | - | - |
| Land | - | - | - |
| Property, Plant and Equipment | 17,981 | (8,915) | 9,066 |
| Intangibles | 40,264 | 164 | 40,428 |
| Other | - | - | - |
Total Appropriation | 58,245 | (8,751) | 49,494 |
Reasons for Change in Appropriation
This decrease of $8.751 million to $49.494 million recognises the timing of the New Zealand Customs Service's capital expenditure programme with some of the approved and planned capital projects, in particular Tranche 1 of the Joint Border Management System, being completed in 2012/13.
