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Annual Report of the Treasury for the Year Ended 30 June 2012

Supplementary Financial Schedules - Non-departmental

for the year ended 30 June 2012

Schedule of Expenses

for the year ended 30 June 2012

The Schedule of Expenses summarises expenses that the Department administers on behalf of the Crown. Details of non-departmental expenditure and appropriations are provided in the Explanatory Notes to Supplementary Statements and Schedules - Non-departmental on pages 95 to 102.

Schedule of Expenses
2011
Actual
$000
Note 2012
Actual
$000
2012
Main Estimates
$000
2012
Supp. Estimates
$000

Vote Finance

2,022 Non-departmental output classes 5,504 6,255 6,255
3,040,302 Borrowing expenses 18(c) 3,441,282 3,457,514 3,457,514
2,436,635 Other expenses incurred by the Crown 703,691 704,065 707,199

Remeasurements:

2,000 AMI discounted payable 2 - 6,713 6,713
574,000 Change in GSF unfunded liability - actuarial (gains)/losses 8 3,895,593 2,212,000 2,212,000
16,000 Change in NPF DBP(A) Scheme provision under
Crown Guarantee - actuarial (gains)/losses
13 139,000 (7,200) (7,200)
816 Change in Rugby World Cup provision - - -
236,436 Change in DGS receivable revaluation 3(a) 474 - -
- Derivatives in loss 385 - -
- Change in AMI provision 2 76,297 (112,137) (112,137)
(150,000) Deposit Guarantee Scheme - full payout option 3(a) - - -
86 Earthquake Commission s25 emergency payments - - -
13,254 FX losses/(gains) incurred by theTreasury 11 6,767 - -
(1,140,500) Grossing up of deposit guarantee payments 3(a) - - -
(9,918) GST compensation for NPF and GSF recipients 25 - - -
- Taitokerau Forests loan impairment 24 (379) (1,500) (1,500)
- Other expenses incurred by the Crown - Crown Research Institutes 1 - - -
5,021,133 8,268,614 6,265,710 6,268,844

Vote Crown Research Institutes

3 Other expenses incurred by the Crown 1 - - -
3 - - -
5,021,136 Total Non-departmental Expenses 8,268,614 6,265,710 6,268,844

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 2012.

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