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Financial Statements of the Government of New Zealand for the Year Ended 30 June 2010

Statement of Comprehensive Income

for the year ended 30 June 2010

Statement of Comprehensive Income for the year ended 30 June 2010
Forecast Actual
Original
Budget
$m
Estimated
Actuals
$m
30 June 2010
$m
30 June 2009
$m
(5,729) (3,179) Operating balance (including minority interest) (4,526) (10,480)
Other comprehensive income  
(1) 323 Revaluation of physical assets 129 4,087
Share of associates revaluation of physical assets 67 148
(18) (205) Effective portion of changes in the fair value of cash flow hedges (112) 333
Net change in fair value of cash flow hedges transferred to operating profit (62)
3 (3) Net change in fair value of cash flow hedges transferred to the hedged item (3) (153)
24 Foreign currency translation differences for foreign operations (11) 15
(3) 5 Valuation gains/(losses) on investments available for sale taken to reserves 3 22
(1) (1) Other movements (1)
(20) 143 Total other comprehensive income 10 4,452
(5,749) (3,036) Total comprehensive income (4,516) (6,028)
Attributable to:  
 - minority interest in Air New Zealand (34) 34
(5,749) (3,036)  - the Crown (4,482) (6,062)
(5,749) (3,036) Total comprehensive income (4,516) (6,028)

The accompanying notes (including accounting policies) are an integral part of these statements.

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