The Treasury

Global Navigation

Personal tools

Statement of Expenditure and Appropriations

for the year ended 30 June 2010

The Statement of Expenditure and Appropriations details expenditure and capital payments incurred against appropriations. The Department administers these appropriations on behalf of the Crown.

Statement of Expenditure and Appropriations
2009
Actual
$000		 2010
Actual
$000		 2010
Main Estimates
$000		 2010
Supp. Estimates
$000

Vote Finance

 
Non-departmental Output Classes  
416 Management of New Zealand House, London 412 1,000 1,000
88 Management of Crown's Obligations for Geothermal Wells 125 151 351
384 Guardians of New Zealand Superannuation 354 504 504
68,000 New Zealand Railways Corporation Support - - -
40 Regulatory Responsibility Taskforce 95 266 120
- 2025 Productivity Taskforce 104 - 171
68,928 1,090 1,921 2,146
Borrowing Expenses  
2,087,220 Debt Servicing[13] 2,284,955 2,153,000 2,288,836
2,087,220   2,284,955 2,153,000 2,288,836
Other Expenses Incurred by the Crown  
180,887 Auckland Rail Development - - -
14,537 Crown Overseas Properties 12,947 16,200 14,700
40 Crown Residual Liabilities 67 230 230
- Geothermal Liabilities - 500 500
12 Government Superannuation Appeals Board 4 50 50
18,415 Government Superannuation Fund Authority - Crown's Share of Expenses[13] 22,160 19,692 19,692
960,808 Government Superannuation Fund Unfunded Liability[13] 633,160 676,025 663,000
- Impairment of Loans to Taitokerau Forest Limited 2,362 1,400 3,100
- Invercargill Airport Suspensory Loan - - 300
320,462 Loss on Acquisition of Toll NZ Limited - - -
12,236 Maui Gas Contracts 2,100 - 2,355
6,250 National Rail Network Improvements - - -
4,972 New Zealand Railways Corporation Transaction Costs of Purchasing Toll NZ Limited - - -
6,000 NZRC Wiri Inland Port Rail Link - - -
71,000 National Provident Fund Schemes - Liability under Crown Guarantee[13] 38,000 62,000 62,000
40,726 National Provident Fund - Crown Liability for Scheme Deficiency[13] (3,272) 33,400 -
6,259 ONTRACK Operating and Maintenance Costs - - -
- Payments in Respect of Export Credit Office Guarantees and Indemnities 136 - 170
885,813 Payments in Respect of Guarantees and Indemnities[13] (24,643) - 1,392,000
26,495 Rail Transport Upgrade and Growth - - -
- Rugby New Zealand 2011 Limited 4,000 - 4,000
37,000 Taitokerau Forests Limited Loan Write Down - - -
- Taitokerau Forests Limited grant 31 300 300
13 Unclaimed Money[14] 1 250 250
- Unclaimed Trust Money[14] - 250 250
62,241 Urban Rail Development - - -
5,587 Wellington Regional Council Suspensory Loan - - -
18 Write-off of Capital Charge Receivable - - -
2,659,771  687,053 810,297 2,162,897

Capital Expenditure

  
6,774 Crown Rail Operator Equity Injection - - -
140,000 Crown Rail Operators Loan - - -
- Hawkes Bay Airport Equity Injection 7,400 - 7,400
4,500 Industrial Research Limited Equity Injection - - -
274,000 International Financial Institutions - - 270,000
- Invercargill Airport Suspensory Loan - - 1,500
26,208 Landcorp Protected Land Agreement 16,056 13,000 10,000
2,242,000 New Zealand Superannuation Fund - Contributions 250,000 250,000 250,000
388,294 New Zealand Railways Corporation Increase in Capital for Purchase of Crown Rail Operator - - -
45,000 New Zealand Railways Corporation Loans - - -
15,268 Port Nicholson Block Settlement Trust Loan - - -
20,000 Public Trust Capital Injection 30,000 - 30,000
690,000 Purchase of Toll NZ Limited's Rail Business and Associated Costs - - -
600,000 Reserve Bank of NZ Equity Injection - - -
- Taitokerau Forests Limited 2,400 1,400 3,100
3,800 Timberlands West Coast Limited Equity Injection - - -
11,330 Wellington Regional Council Suspensory Loan - - -
4,467,174   305,856 264,400 572,000
9,283,093 Total Vote Finance  3,278,954 3,229,618 5,025,879
 

Vote Crown Research Institutes

     
  Other Expenses Incurred by the Crown      
- CRI Residual Liabilities 7 - 762
- CRI Non-excluded Liabilities - - -
- Total Vote Crown Research Institutes 7 - 762
9,283,093 Total Non-departmental Expenditure and Appropriations  3,278,961 3,229,618 5,026,641

The Statement of Accounting Policies is an integral part of these supplementary financial schedules.

For a full understanding of the Crown's financial position and the result of its operations for the year, refer to the consolidated Financial Statements of the Government for the year ended 30 June 2010.

Notes

  • [13]These expenses or capital expenditures have permanent legislative authority.
  • [14]These expenses or capital expenditures have permanent legislative authority.
Page top