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Note 16:  Share Investments

Note 16: Share Investments
Forecast Actual
Original
Budget
$m
Estimated
Actuals
$m
30 June 2010
$m
30 June 2009
$m

By maturity

 
7,824 10,899 Expected to be realised within one year 7,451 7,087
4,043 4,776 Expected to be held for more than one year 4,728 4,073
11,867 15,675 Total share investments 12,179 11,160

By source

 
6,044 9,098 Core Crown 5,768 5,477
5,780 6,539 Crown entities 6,392 5,651
66 66 State-owned enterprises 60 61
(23) (28) Inter-segment eliminations (41) (29)
11,867 15,675 Total share investments 12,179 11,160

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.

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