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Financial Statements of the Government of New Zealand for the Year Ended 30 June 2014

Statement of Comprehensive Income for the year ended 30 June 2014

Statement of Comprehensive Income for the year ended 30 June 2014
Forecast Actual
Budget
2013
$m
Budget
2014
$m
30 June
2014
$m
30 June
2013
$m
498 3,216 Operating balance (including minority interest) 2,946 7,019
Other comprehensive income  
(351) Revaluation of physical assets 5,395 1,367
(21) (102) Net change in hedging instruments entered into for cash flow hedges (34) 280
39 (7) Foreign currency translation differences for foreign operations (51)
8 (13) Valuation gains/(losses) on investments available for sale taken  to reserves (36) 36
(38) 3 Other movements 1 7
(12) (470) Total other comprehensive income 5,275 1,690
486 2,746 Total comprehensive income 8,221 8,709
Attributable to:  
140 243  - minority interests 147 153
346 2,503  - the Crown 8,074 8,556
486 2,746 Total comprehensive income 8,221 8,709

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

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