Forecast Statement of Segments (continued)
|
Core Crown 2013 Forecast $m |
Crown entities 2013 Forecast $m |
State-owned enterprises 2013 Forecast $m |
Inter-segment eliminations 2013 Forecast $m |
Total Crown 2013 Forecast $m |
|
|---|---|---|---|---|---|
Revenue |
|||||
| Taxation revenue | 58,251 | - | - | (588) | 57,663 |
| Other sovereign revenue | 1,433 | 5,231 | - | (1,218) | 5,446 |
| Sales of goods and services | 1,379 | 14,553 | 13,857 | (13,452) | 16,337 |
| Interest revenue and dividends | 2,397 | 1,123 | 905 | (1,049) | 3,376 |
| Other revenue | 731 | 13,102 | 1,160 | (11,512) | 3,481 |
| Total revenue (excluding gains) | 64,191 | 34,009 | 15,922 | (27,819) | 86,303 |
Expenses |
|||||
| Social assistance and official development assistance | 23,267 | - | - | (49) | 23,218 |
| Personnel expenses | 6,003 | 10,897 | 2,786 | (10) | 19,676 |
| Other operating expenses | 41,048 | 21,435 | 11,087 | (26,665) | 46,905 |
| Interest expenses | 3,766 | 247 | 1,254 | (604) | 4,663 |
| Forecast for future new spending and top-down adjustment | (352) | - | - | - | (352) |
| Total expenses (excluding losses) | 73,732 | 32,579 | 15,127 | (27,328) | 94,110 |
| Forgone profits from partial share sales | - | - | (90) | - | (90) |
| Operating balance before gains/(losses) | (9,541) | 1,430 | 705 | (491) | (7,897) |
| Total gains/(losses) | 1,692 | 277 | 159 | (192) | 1,936 |
| Net surplus/(deficit) from associates and joint ventures | 75 | 166 | 26 | (5) | 262 |
| Operating balance | (7,774) | 1,873 | 890 | (688) | (5,699) |
Expenses by functional classification |
|||||
| Social security and welfare | 23,239 | 4,345 | - | (672) | 26,912 |
| Health | 14,745 | 11,725 | - | (12,457) | 14,013 |
| Education | 12,387 | 9,574 | 23 | (8,820) | 13,164 |
| Transport and communications | 2,174 | 2,223 | 6,654 | (2,250) | 8,801 |
| Other | 17,773 | 4,465 | 7,196 | (2,525) | 26,909 |
| Finance costs | 3,766 | 247 | 1,254 | (604) | 4,663 |
| Forecast for future new spending and top-down adjustment | (352) | - | - | - | (352) |
| Total Crown expenses (excluding losses) | 73,732 | 32,579 | 15,127 | (27,328) | 94,110 |
|
Core Crown 2013 Forecast $m |
Crown entities 2013 Forecast $m |
State-owned enterprises 2013 Forecast $m |
Inter-segment eliminations 2013 Forecast $m |
Total Crown 2013 Forecast $m |
|
|---|---|---|---|---|---|
Assets |
|||||
| Cash and cash equivalents | 10,611 | 2,752 | 1,639 | (675) | 14,327 |
| Receivables | 9,357 | 6,146 | 2,791 | (1,495) | 16,799 |
| Other financial assets | 45,959 | 28,011 | 16,963 | (14,988) | 75,945 |
| Property, plant and equipment | 30,140 | 51,181 | 40,013 | 1 | 121,335 |
| Equity accounted investments | 32,458 | 8,364 | 485 | (31,340) | 9,967 |
| Intangible assets and goodwill | 1,294 | 472 | 805 | - | 2,571 |
| Inventory and other assets | 1,706 | 326 | 1,417 | (38) | 3,411 |
| Forecast for new capital spending and top-down adjustment | (68) | - | - | - | (68) |
| Total assets | 131,457 | 97,252 | 64,113 | (48,535) | 244,287 |
Liabilities |
|||||
| Borrowings | 85,674 | 5,257 | 27,636 | (15,360) | 103,207 |
| Other liabilities | 28,439 | 44,414 | 8,395 | (6,376) | 74,872 |
| Total liabilities | 114,113 | 49,671 | 36,031 | (21,736) | 178,079 |
| Total assets less total liabilities | 17,344 | 47,581 | 28,082 | (26,799) | 66,208 |
Net worth |
|||||
| Taxpayer funds | 1,883 | 21,351 | 10,240 | (31,330) | 2,144 |
| Reserves | 15,461 | 26,230 | 17,409 | 3,316 | 62,416 |
| Net worth attributable to minority interest | - | - | 433 | 1,215 | 1,648 |
| Total net worth | 17,344 | 47,581 | 28,082 | (26,799) | 66,208 |
