Table 26 - Reconciliation between GAAP residual cash and GFS cash surplus/(deficit)
|
2011 Actual $m |
2012 Forecast $m |
2013 Forecast $m |
2014 Forecast $m |
2015 Forecast $m |
2016 Forecast $m |
|
|---|---|---|---|---|---|---|
| Residual cash per GAAP | (13,343) | (12,119) | (9,671) | (5,184) | (3,680) | (1,198) |
| Back out advances | 1,242 | 1,080 | 926 | 760 | 1,187 | 710 |
| Back out investments | 1,292 | 1,334 | (62) | (360) | (201) | 4 |
| Add in cash flows from Crown entities | 633 | (825) | 186 | (428) | 244 | 1,200 |
| Remove cash flows from the Reserve Bank | 52 | (46) | (131) | 7 | (36) | (45) |
| Other adjustments (mainly impact of NZS Fund) | (20) | 148 | 155 | 125 | 109 | 94 |
| Cash surplus/(deficit) | (10,144) | (10,428) | (8,597) | (5,080) | (2,377) | 765 |
