Summary Statement of Financial Performance
for the year ended 30 June 2010
| Forecast | Actual | |||
|---|---|---|---|---|
| Original Budget $billion |
Estimated Actuals $billion |
30 June 2010 $billion |
30 June 2009 $billion |
|
| Revenue | ||||
| 51.1 | 50.2 | Taxation revenue | 50.3 | 54.1 |
| 4.9 | 4.7 | Other sovereign revenue | 4.7 | 4.1 |
| 55.9 | 54.9 | Total revenue levied through the Crown's sovereign power | 55.0 | 58.3 |
| 16.0 | 14.3 | Sales of goods and services | 14.3 | 15.4 |
| 3.2 | 3.3 | Interest revenue and dividends | 2.3 | 3.0 |
| 2.8 | 3.2 | Other revenue | 3.1 | 2.9 |
| 22.0 | 20.8 | Total revenue earned through operations | 19.7 | 21.2 |
| 77.9 | 75.7 | Total revenue (excluding gains) | 74.7 | 79.5 |
| Expenses | ||||
| 25.1 | 24.4 | Social security and welfare | 24.2 | 23.3 |
| 12.8 | 12.7 | Health | 12.7 | 12.0 |
| 12.1 | 12.6 | Education | 12.4 | 12.5 |
| 8.9 | 8.0 | Transport and communications | 8.0 | 9.0 |
| 23.5 | 21.8 | Other functional expenses | 20.9 | 23.5 |
| 3.3 | 3.6 | Finance costs | 2.8 | 3.1 |
| - | (0.5) | Forecasting adjustments | - | - |
| 85.7 | 82.6 | Total expenses (excluding losses) | 81.0 | 83.4 |
| (7.7) | (6.9) | Operating balance before gains and losses (OBEGAL) | (6.3) | (3.9) |
| 1.4 | 3.9 | Net gains/(losses) on financial instruments | 2.5 | (2.6) |
| 0.2 | (0.2) | Net gains/(losses) on non-financial instruments | (1.0) | (4.2) |
| 1.6 | 3.7 | Total gains/(losses) | 1.6 | (6.8) |
| 0.4 | - | Net surplus/(deficit) from associates and joint ventures | 0.2 | 0.2 |
| (5.7) | (3.2) | Operating balance (including minority interest) | (4.5) | (10.5) |
| - | - | Operating balance attributable to minority interest in Air NZ | - | - |
| (5.7) | (3.2) | Operating Balance | (4.5) | (10.5) |
| - | 0.2 | Total income/(expense) recognised directly in Net Worth | - | 4.5 |
| (5.7) | (3.0) | Total recognised income and expense | (4.5) | (6.0) |
