Note 7: Personnel Expenses
| Forecast | Actual | |||
|---|---|---|---|---|
|
Original Budget $m |
Estimated Actuals $m |
30 June 2009 $m |
30 June 2008 $m |
|
By type |
||||
| 15,659 | 16,421 | Salaries and wages | 16,311 | 14,948 |
| 703 | 735 | Costs incurred on GSF and other defined benefit plans | 667 | 711 |
| 192 | 299 | Costs incurred on SSRSS and other defined contribution plans | 351 | 274 |
| 507 | 576 | Other personnel expenses | 735 | 545 |
| 17,061 | 18,031 | Total personnel expenses | 18,064 | 16,478 |
By source |
||||
| 5,846 | 6,102 | Core Crown | 6,037 | 5,584 |
| 8,976 | 9,513 | Crown entities | 9,592 | 8,741 |
| 2,248 | 2,419 | State-owned enterprises | 2,447 | 2,164 |
| (9) | (3) | Inter-segment eliminations | (12) | (11) |
| 17,061 | 18,031 | Total personnel expenses | 18,064 | 16,478 |
Key management personnel compensation |
||||
| Salaries and other short-term employee benefits | 8 | 7 | ||
| Post-employment benefits | - | - | ||
| Other long-term benefits | - | - | ||
| Termination benefits | - | - | ||
| Total | 8 | 7 | ||
Key management personnel are 20 Ministers of the Crown who are members of Cabinet.
The Cabinet Manual sets out guidance in respect of the Ministers' conduct, public duty, and personal interests. Ministers are responsible for ensuring that no conflict exists or appears to exist between their personal interests and their public duty. Therefore, there is a clear expectation that Ministers will not influence or affect any transactions and outstanding balances between the Government and themselves or their family, whanau, and close associates.
