Table 26 - Reconciliation between GAAP residual cash and GFS cash surplus/(deficit)
|
2011 Actual |
2012 Forecast |
2013 Forecast |
2014 Forecast |
2015 Forecast |
2016 Forecast |
|
|---|---|---|---|---|---|---|
| $m | $m | $m | $m | $m | $m | |
| Residual cash per GAAP | (13,343) | (13,636) | (9,866) | (4,976) | (4,056) | (1,580) |
| Back out advances | 1,242 | 1,125 | 952 | 813 | 1,162 | 553 |
| Back out investments | 1,292 | 1,160 | 1,222 | 1,428 | 1,297 | 1,638 |
| Add in cash flows from Crown entities | 633 | (1,123) | 411 | (656) | 441 | 1,900 |
| Remove cash flows from the Reserve Bank | 48 | 12 | (135) | (22) | (31) | (34) |
| Other adjustments (mainly impact of NZS Fund) | (16) | 12 | 80 | (84) | (103) | (120) |
| Cash surplus/(deficit) | (10,144) | (12,450) | (7,336) | (3,497) | (1,290) | 2,357 |
