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Financial Statements of the Government of New Zealand for the Year Ended 30 June 2006

Financial Statements (continued)

Below is an analysis of total Crown expenses and core Crown expenses by functional classification. This information reconciles with the segment information within the Statement of Segments.

Analysis of Expenses of the Statement of Financial Performance (for the year ended 30 June 2006)
Forecast Actual
Original Budget $m Estimated Actual $m 30 June 2006 $m 30 June 2005 $m
Original Budget $m Estimated Actual $m 30 June 2006 $m 30 June 2005 $m
Forecast Actual
Total Crown Expenses By Functional Classification
18,173 18,744 Social security and welfare 18,969 18,522
1,019 1,710 GSF pension expenses 1,671 2,442
9,330 9,284 Health 9,262 8,444
9,163 10,852 Education 10,430 8,619
2,009 2,011 Core government services 2,046 2,085
2,364 2,418 Law and order 2,420 2,131
1,290 1,317 Defence 1,339 1,229
6,520 6,201 Transport and communications 5,986 5,948
5,411 6,340 Economic and industrial services 6,334 4,859
1,236 1,190 Primary services 1,219 1,128
1,810 2,253 Heritage, culture and recreation 2,361 2,032
739 761 Housing and community development 758 697
117 52 Other 48 31
2,792 2,792 Finance costs 2,652 2,760
- (198) Net foreign-exchange (gains)/losses (411) (17)
271 7 Forecast for future new spending - -
62,244 65,734 Total Crown Expenses 65,084 60,910
Core Crown Expenses By Functional Classification
15,611 15,702 Social security and welfare 15,598 14,682
1,019 1,710 GSF pension expenses 1,671 2,442
9,666 9,563 Health 9,547 8,813
8,681 10,039 Education 9,914 7,930
2,098 2,198 Core government services 2,169 2,217
2,177 2,233 Law and order 2,235 1,977
1,341 1,378 Defence 1,383 1,275
1,895 1,910 Transport and communications 1,818 1,635
1,679 1,725 Economic and industrial services 1,592 1,444
445 446 Primary services 467 394
786 1,162 Heritage, culture and recreation 1,194 991
214 214 Housing and community development 202 163
117 52 Other 49 32
2,245 2,156 Finance costs 2,356 2,274
- (50) Net foreign-exchange (gains)/losses (295) (35)
271 7 Forecast for future new spending - -
48,245 50,445 Total Core Crown Expenses 49,900 46,234

The accompanying notes and accounting policies are an integral part of these statements.

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