Forecast Statement of Financial Performance (continued) - Functional Expense Analysis for the years ending 30 June

Forecast Statement of Financial Performance (continued) - Functional Expense Analysis for the years ending 30 June
Total Crown expenses	2010 Actual $m	2011 Previous Budget $m	2011 Forecast $m	2012 Forecast $m	2013 Forecast $m	2014 Forecast $m	2015 Forecast $m
By functional classification
Social security and welfare	24,206	26,127	25,637	26,353	27,432	28,469	29,701
GSF pension expenses	333	363	289	311	392	448	489
Health	12,673	13,379	13,118	13,787	13,659	13,634	13,639
Education	12,440	12,861	12,783	13,005	13,087	12,944	13,134
Core government services	2,830	3,922	6,083	5,440	4,165	4,218	4,318
Law and order	3,354	3,746	3,724	3,745	3,645	3,635	3,643
Defence	1,771	1,862	1,850	1,872	1,824	1,824	1,822
Transport and communications	7,991	8,184	8,244	8,584	8,635	8,894	9,111
Economic and industrial services	7,541	8,114	14,078	7,758	7,824	8,076	8,195
Primary services	1,373	1,742	1,624	1,700	1,661	1,662	1,673
Heritage, culture and recreation	2,584	3,344	3,805	3,327	2,975	2,959	2,989
Housing and community development	1,087	1,102	1,781	1,119	1,118	1,174	1,192
Other	80	1,071	625	635	476	474	473
Finance costs	2,777	4,612	3,506	4,685	5,390	5,805	6,350
Forecast new operating spending	-	394	-	463	1,040	1,815	3,007
Top-down expense adjustment	-	(410)	(250)	(310)	(50)	(50)	(50)
Total Crown expenses excluding losses	81,040	90,413	96,897	92,474	93,273	95,981	99,686

Below is an analysis of core Crown expenses by functional classification. Core Crown expenses include expenses incurred by Ministers, Departments, Offices of Parliament, the NZS Fund and the Reserve Bank, but not Crown entities and State-owned enterprises.

Forecast Statement of Financial Performance (continued) - Functional Expense Analysis for the years ending 30 June
Core Crown expenses	2010 Actual $m	2011 Previous Budget $m	2011 Forecast $m	2012 Forecast $m	2013 Forecast $m	2014 Forecast $m	2015 Forecast $m
By functional classification
Social security and welfare	21,185	22,120	22,175	22,935	23,644	24,396	25,334
GSF pension expenses	328	357	281	302	383	439	480
Health	13,128	14,043	13,774	14,353	14,332	14,242	14,236
Education	11,724	11,992	12,039	12,257	12,266	12,077	12,236
Core government services	2,974	3,979	6,357	5,564	4,296	4,352	4,457
Law and order	3,191	3,537	3,526	3,555	3,438	3,423	3,418
Defence	1,814	1,912	1,890	1,911	1,863	1,863	1,862
Transport and communications	2,345	2,417	2,330	2,378	2,096	2,087	2,082
Economic and industrial services	2,839	2,828	2,755	2,235	1,901	1,849	1,872
Primary services	507	757	731	755	706	698	700
Heritage, culture and recreation	1,281	2,037	2,437	1,947	1,535	1,490	1,485
Housing and community development	306	370	1,046	333	299	287	290
Other	80	1,088	625	635	476	474	473
Finance costs	2,311	3,230	3,078	3,714	4,325	4,701	5,254
Forecast new operating spending	-	394	-	463	1,040	1,815	3,007
Top-down expense adjustment	-	(410)	(250)	(310)	(50)	(50)	(50)
Total core Crown expenses excluding losses	64,013	70,651	72,794	73,027	72,550	74,143	77,136

The accompanying notes and accounting policies are an integral part of these Statements.

Page top

Global Navigation

Personal tools

Forecast Statement of Financial Performance (continued) - Functional Expense Analysis for the years ending 30 June

By functional classification

By functional classification