The Treasury

Global Navigation

Personal tools

Schedule of Assets and Liabilities

as at 30 June 2016

The Schedule of Assets and Liabilities summarises the assets and liabilities that the Department administers on behalf of the Crown.

Schedule of Assets and Liabilities
2015
Actual
$000
Note 2016
Actual
$000
2016
Main Estimates
$000
2016
Supp. Estimates
$000
Current assets    
6,644,336 Cash and cash equivalents   6,718,323 4,050,332 6,045,336
9,028 Accounts receivable and prepayments   104,909 4,632 3,910
570,554 Advances   1,175,004 359,376 214,554
3,895,000 Marketable securities, deposits and derivatives in gain   5,576,849 4,236,000 5,021,000
11,118,918 Total current assets   13,575,085 8,650,340 11,284,800
Non-current assets        
6,553,000 Advances   6,159,000 7,557,000 6,726,000
257,950 Air New Zealand goodwill   257,950 257,950 257,950
1,961,000 Marketable securities, deposits and derivatives in gain   2,742,000 1,626,000 2,557,000
277,079 Other share investments   394,999 221,973 409,295
218,818 Other equity-accounted investments   227,751 200,444 218,818
66,601 Property, plant and equipment   55,085 49,499 244,522
9,334,448 Total non-current assets   9,836,785 9,912,866 10,413,585
20,453,366 Total non-departmental assets   23,411,870 18,563,206 21,698,385
Current liabilities        
4,411,000 Crown balances with Westpac   4,280,000 3,386,000 4,205,000
109,601 Payables and accrued expenses   234,324 8,511 121,609
10,478,000 Borrowings 3(c) 5,557,000 5,097,000 4,802,000
742,000 GSF unfunded liability   724,000 693,000 742,000
153,615 Provisions   269,375 358,483 432,174
15,894,216 Total current liabilities   11,064,699 9,542,994 10,302,783
Non-current liabilities        
72,462,000 Borrowings 3(c) 80,410,000 80,008,000 80,818,000
10,102,300 GSF unfunded liability   11,716,826 11,499,000 10,555,098
892,559 NPF DBP(A) Scheme unfunded provision   918,000 833,259 847,059
666,842 Provisions   379,886 27,064 272,644
84,123,701 Total non-current liabilities   93,424,712 92,367,323 92,492,801
100,017,917 Total non-departmental liabilities   104,489,411 101,910,317 102,795,584

In addition, the Treasury monitors 12 SOEs, four mixed ownership model entities and 21 Crown entities. The investment in these entities is consolidated in the Crown Financial Statementsonaline-by-line basis.The investment in these entities is not included in this Schedule.

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 2016.

Page top