The Treasury

Global Navigation

Personal tools

Treasury
Publication

Annual Report of the Treasury for the Year Ended 30 June 2014

Financial Statements– Departmental

Statement of Comprehensive Income

for the year ended 30 June 2014

The Statement of Comprehensive Income details the revenue and expenses relating to all outputs (goods and services) produced by the Treasury during the financial year ended 30 June 2014. Total expenses equals total departmental output classes expenditure and appropriations in the Statement of Departmental Expenses and Capital Expenditure Against Appropriations on page 63.

Statement of Comprehensive IncomeStatement of Comprehensive Income
2013
Actual
$000
Note 2014
Actual
$000
2014
Main Estimates
$000
2014
Supp. Estimates
$000
2015
Unaudited Forecast as per BEFU 2014
$000

Income

 
74,628 Revenue Crown 2,19 81,333 85,478 90,491 75,758
9,986 Other revenue 3 10,912  8,181 12,866 12,781
84,614 Total income 92,245 93,659   103,357 88,539

Expenditure

       
50,191 Personnel costs 4 55,260 50,476 55,142 55,747
2,017 Depreciation and amortisation expense 8, 9  2,840  2,710  3,057  2,588
717 Capital charge 5 717 717 717  1,013
31,287 Other operating expenses 6 33,830 39,756 44,843 29,191
84,212 Total expenditure 92,647 93,659  103,759 88,539
402 Net surplus / (deficit) and comprehensive income 12  (402) - (402) -

Explanations of significant variances against budget are detailed in note 19.

Page top