Details of Projected Movements in Departmental
Net Assets
Department of Internal Affairs
| Details of Net Asset Schedule | 2011/12 Main Estimates Projections $000 | 2011/12 Supplementary Estimates Projections $000 | Explanation of Projected Movements in 2011/12 |
|---|---|---|---|
| Opening Balance | 296,180 | 262,254 | Supplementary Estimates opening balance reflects the audited results as at 30 June 2011. |
| Capital Injections | 12,284 | 45,412 | The increase in Capital Injections reflects capital transfers from 2010/11 to 2011/12 for building an intelligence and monitoring database ($300,000), Building a National Library for the 21st Century ($19.130 million), the Government Digital Archive project ($1.398 million), Infrastructure as a Service ($2.000 million) and the passport redevelopment system ($11.100 million) partially offset by Machinery of Government transition costs (decrease of $800,000). |
| Capital Withdrawals | - | - | |
| Surplus to be Retained (Deficit Incurred) | (5,537) | 5,063 | The $5.063 million reflects the forecast surplus for the Department of Internal Affairs in 2011/12. |
| Other Movements | 5,537 | 10,737 | The $10.737 million reflects the opening balance for the Department of Internal Affairs Memorandum accounts as at 1 July 2011. |
Closing Balance | 308,464 | 323,466 |
