Forecast Statement of Segments
|
Core Crown 2012 Actual $m |
Crown entities 2012 Actual $m |
State-owned enterprises 2012 Actual $m |
Inter-segment eliminations 2012 Actual $m |
Total Crown 2012 Actual $m |
|
|---|---|---|---|---|---|
Revenue |
|||||
| Taxation revenue | 55,081 | - | - | (416) | 54,665 |
| Other sovereign revenue | 935 | 5,384 | - | (1,189) | 5,130 |
| Sales of goods and services | 1,448 | 14,657 | 14,230 | (13,550) | 16,785 |
| Interest revenue and dividends | 1,795 | 1,181 | 858 | (1,071) | 2,763 |
| Other revenue | 1,306 | 13,249 | 943 | (11,358) | 4,140 |
| Forecast revenue reduction contingency | - | - | - | - | - |
| Total revenue (excluding gains) | 60,565 | 34,471 | 16,031 | (27,584) | 83,483 |
Expenses |
|||||
| Social assistance and official development assistance | 22,367 | - | - | (13) | 22,354 |
| Personnel expenses | 5,915 | 10,754 | 2,819 | (13) | 19,475 |
| Other operating expenses | 37,280 | 17,897 | 13,174 | (26,323) | 42,028 |
| Interest expenses | 3,511 | 246 | 1,268 | (735) | 4,290 |
| Insurance expenses | 3 | 4,323 | 363 | (113) | 4,576 |
| Forecast for future new spending and top-down adjustment | - | - | - | - | - |
| Total expenses (excluding losses) | 69,076 | 33,220 | 17,624 | (27,197) | 92,723 |
| Operating balance before gains/(losses) | (8,511) | 1,251 | (1,593) | (387) | (9,240) |
| Total gains/(losses) | (3,264) | (2,025) | 229 | (774) | (5,834) |
| Net surplus/(deficit) from associates and joint ventures | 104 | 133 | (3) | (1) | 233 |
| Attributable to minority interest | - | - | (56) | - | (56) |
| Operating balance | (11,671) | (641) | (1,423) | (1,162) | (14,897) |
Expenses by functional classification |
|||||
| Social security and welfare | 22,028 | 4,009 | - | (580) | 25,457 |
| Health | 14,160 | 11,907 | - | (12,417) | 13,650 |
| Education | 11,654 | 9,371 | 28 | (8,646) | 12,407 |
| Transport and communications | 2,232 | 2,130 | 8,102 | (2,205) | 10,259 |
| Other | 15,491 | 5,557 | 8,226 | (2,614) | 26,660 |
| Finance costs | 3,511 | 246 | 1,268 | (735) | 4,290 |
| Forecast for future new spending and top-down adjustment | - | - | - | - | - |
| Total Crown expenses (excluding losses) | 69,076 | 33,220 | 17,624 | (27,197) | 92,723 |
|
Core Crown 2012 Actual $m |
Crown entities 2012 Actual $m |
State-owned enterprises 2012 Actual $m |
Inter-segment eliminations 2012 Actual $m |
Total Crown 2012 Actual $m |
|
|---|---|---|---|---|---|
Assets |
|||||
| Cash and cash equivalents | 6,756 | 3,105 | 1,396 | (571) | 10,686 |
| Receivables | 10,974 | 10,011 | 2,154 | (2,183) | 20,956 |
| Other financial assets | 57,251 | 26,959 | 15,636 | (15,310) | 84,536 |
| Property, plant and equipment | 29,377 | 49,939 | 29,268 | - | 108,584 |
| Equity accounted investments | 31,308 | 7,982 | 340 | (30,147) | 9,483 |
| Intangible assets and goodwill | 1,112 | 494 | 1,099 | - | 2,705 |
| Inventory and other assets | 1,632 | 411 | 1,364 | (39) | 3,368 |
| Forecast for new capital spending and top-down adjustment | - | - | - | - | - |
| Total assets | 138,410 | 98,901 | 51,257 | (48,250) | 240,318 |
Liabilities |
|||||
| Borrowings | 84,510 | 5,325 | 25,374 | (14,675) | 100,534 |
| Other liabilities | 30,528 | 49,357 | 7,281 | (7,162) | 80,004 |
| Total liabilities | 115,038 | 54,682 | 32,655 | (21,837) | 180,538 |
| Total assets less total liabilities | 23,372 | 44,219 | 18,602 | (26,413) | 59,780 |
Net worth |
|||||
| Taxpayers' funds | 7,844 | 17,458 | 7,956 | (29,738) | 3,520 |
| Reserves | 15,528 | 26,728 | 10,220 | 3,352 | 55,828 |
| Net worth attributable to minority interest | - | 33 | 426 | (27) | 432 |
| Total net worth | 23,372 | 44,219 | 18,602 | (26,413) | 59,780 |
