Details of Projected Movements in Departmental
Net Assets
Land Information New Zealand
| 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 | 36,567 | 40,647 | Supplementary Estimates opening balance reflects the audited results as at 30 June 2011. |
| Capital Injections | - | - | |
| Capital Withdrawals | - | (12,884) | We have entered a provision to repay capital. |
| Surplus to be Retained (Deficit Incurred) | (2,615) | 14,312 | Changes in the property market and an increase in our fees have resulted in a move from deficit to surplus. |
| Other Movements | 14,697 | - | |
Closing Balance | 48,649 | 42,075 |
