Note 16: Share Investments
| Forecast | Actual | |||
|---|---|---|---|---|
|
Original Budget $m |
Estimated Actuals $m |
30 June 2009 $m |
30 June 2008 $m |
|
By maturity |
||||
| 9,033 | 3,227 | Expected to be realised within one year | 7,087 | 8,934 |
| 4,413 | 7,120 | Expected to be held for more than one year | 4,073 | 4,030 |
| 13,446 | 10,347 | Total share investments | 11,160 | 12,964 |
By source |
||||
| 7,607 | 5,365 | Core Crown | 5,477 | 7,340 |
| 5,810 | 4,946 | Crown entities | 5,651 | 5,583 |
| 68 | 59 | State-owned enterprises | 61 | 63 |
| (39) | (23) | Inter-segment eliminations | (29) | (22) |
| 13,446 | 10,347 | Total share investments | 11,160 | 12,964 |
Share investments are reported at fair value. The fair value of listed share investments are based on quoted market prices. The fair value of unlisted share investments is determined from the initial cost of the investment and adjusted for performance of the business and changes in equity market conditions since inception date.
