Forecast Statement of Segments (continued)
|
Core Crown 2012 Forecast $m |
Crown entities 2012 Forecast $m |
State-owned enterprises 2012 Forecast $m |
Inter-segment eliminations 2012 Forecast $m |
Total Crown 2012 Forecast $m |
|
|---|---|---|---|---|---|
Revenue |
|||||
| Taxation revenue | 54,741 | - | - | (410) | 54,331 |
| Other sovereign revenue | 958 | 5,355 | - | (1,201) | 5,112 |
| Sales of goods and services | 1,414 | 14,424 | 13,964 | (13,422) | 16,380 |
| Interest revenue and dividends | 1,856 | 1,126 | 838 | (996) | 2,824 |
| Other revenue | 1,062 | 13,278 | 970 | (11,382) | 3,928 |
| Total revenue (excluding gains) | 60,031 | 34,183 | 15,772 | (27,411) | 82,575 |
Expenses |
|||||
| Social assistance and official development assistance | 22,546 | - | - | (12) | 22,534 |
| Personnel expenses | 5,860 | 10,655 | 2,810 | (10) | 19,315 |
| Other operating expenses | 38,037 | 22,064 | 11,641 | (26,385) | 45,357 |
| Interest expenses | 3,553 | 244 | 1,104 | (728) | 4,173 |
| Forecast for future new spending and top-down adjustment | (363) | - | - | - | (363) |
| Total expenses (excluding losses) | 69,633 | 32,963 | 15,555 | (27,135) | 91,016 |
| Operating balance before gains/(losses) | (9,602) | 1,220 | 217 | (276) | (8,441) |
| Total gains/(losses) | (1,571) | (1,041) | 186 | (28) | (2,454) |
| Net surplus/(deficit) from associates and joint ventures | 74 | 168 | 16 | (5) | 253 |
| Operating balance | (11,099) | 347 | 419 | (309) | (10,642) |
Expenses by functional classification |
|||||
| Social security and welfare | 22,236 | 4,153 | - | (617) | 25,772 |
| Health | 14,130 | 11,707 | - | (12,366) | 13,471 |
| Education | 11,883 | 9,388 | 23 | (8,604) | 12,690 |
| Transport and communications | 2,366 | 2,252 | 6,539 | (2,328) | 8,829 |
| Other | 15,828 | 5,219 | 7,889 | (2,492) | 26,444 |
| Finance costs | 3,553 | 244 | 1,104 | (728) | 4,173 |
| Forecast for future new spending and top-down adjustment | (363) | - | - | - | (363) |
| Total Crown expenses (excluding losses) | 69,633 | 32,963 | 15,555 | (27,135) | 91,016 |
|
Core Crown 2012 Forecast $m |
Crown entities 2012 Forecast $m |
State-owned enterprises 2012 Forecast $m |
Inter-segment eliminations 2012 Forecast $m |
Total Crown 2012 Forecast $m |
|
|---|---|---|---|---|---|
Assets |
|||||
| Cash and cash equivalents | 10,736 | 3,283 | 1,479 | (599) | 14,899 |
| Receivables | 10,014 | 8,568 | 3,447 | (1,463) | 20,566 |
| Other financial assets | 53,239 | 26,271 | 15,830 | (14,958) | 80,382 |
| Property, plant and equipment | 29,686 | 49,797 | 38,524 | 1 | 118,008 |
| Equity accounted investments | 31,304 | 8,186 | 445 | (30,179) | 9,756 |
| Intangible assets and goodwill | 1,160 | 455 | 815 | - | 2,430 |
| Inventory and other assets | 1,666 | 317 | 1,359 | (38) | 3,304 |
| Forecast for new capital spending and top-down adjustment | (162) | - | - | - | (162) |
| Total assets | 137,643 | 96,877 | 61,899 | (47,236) | 249,183 |
Liabilities |
|||||
| Borrowings | 85,761 | 5,436 | 25,441 | (15,172) | 101,466 |
| Other liabilities | 28,002 | 46,734 | 8,988 | (6,310) | 77,414 |
| Total liabilities | 113,763 | 52,170 | 34,429 | (21,482) | 178,880 |
| Total assets less total liabilities | 23,880 | 44,707 | 27,470 | (25,754) | 70,303 |
Net worth |
|||||
| Taxpayer funds | 8,432 | 18,407 | 9,769 | (29,035) | 7,573 |
| Reserves | 15,448 | 26,300 | 17,358 | 3,316 | 62,422 |
| Net worth attributable to minority interest | - | - | 343 | (35) | 308 |
| Total net worth | 23,880 | 44,707 | 27,470 | (25,754) | 70,303 |
