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Financial Statements of the Government of New Zealand for the Year Ended 30 June 2012

Statement of Comprehensive Income
for the year ended 30 June 2012

Statement of Comprehensive Income
Forecast
30 June 2012
Actual
Budget 11
$m
Budget 12
$m
30 June
2012
$m
30 June
2011
$m
(7,293) (10,642) Operating balance (including minority interest) (14,841) (13,461)
Other comprehensive income  
(47) Revaluation of physical assets (6,461) (443)
Share of associates revaluation of physical assets
(4) 34 Net change in hedging instruments entered into for cash flow hedges 143 (140)
(6) 58 Foreign currency translation differences for foreign operations (2) (37)
6 11 Valuation gains/(losses) on investments available for sale taken to reserves 13 (1)
50 2 Other movements 1 1
46 58 Total other comprehensive income (6,306) (620)
(7,247) (10,584) Total comprehensive income (21,147) (14,081)
Attributable to:  
 - minority interests 84 (74)
(7,247) (10,584)  - the Crown (21,231) (14,007)
(7,247) (10,584) Total comprehensive income (21,147) (14,081)

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

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