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Introduction/overview

The following non-departmental statements and schedules record the revenue and receipts, expenses, assets and liabilities that the Ministry manages on behalf of the Crown.

The Ministry administered:

  • $1.229 billion of non-departmental revenue and receipts
  • $2.977 billion of non-departmental expenditure
  • $0.110 billion of non-departmental assets
  • $0.278 billion of non-departmental liabilities

on behalf of the Crown for the year ended 30 June 2011.

Further details of the management of these Crown assets and liabilities are provided later in this report.

Schedule of non-departmental revenue and receipts

for the year ended 30 June 2011

This schedule summarises non-departmental revenues and receipts that the Ministry collects on behalf of the Crown.

 

Actual
2009/10
$000
NotesActual
2010/11
$000
Main
Estimates
2010/11
$000
Supplementary
Estimates
2010/11
$000
1,048,680 Indirect taxation 2 1,151,672 1,091,638 1,129,683
88 Other 'sovereign power' revenue 3 1,340 100 100
75,827 Other operational revenue 4 76,074 75,066 76,767
542 Share of net asset increase in joint venture airports 10 278 - -
1,125,137 Total non-departmental revenue and receipts   1,229,364 1,166,804 1,206,550

Schedule of non-departmental expenses

for the year ended 30 June 2011

This schedule summarises non-departmental expenses that the Ministry administers on behalf of the Crown. Further details are provided in the Statement of Non-departmental Expenditure and Capital Expenditure Appropriations.

Actual
2009/10
$000
NotesActual
2010/11
$000
Main
Estimates
2010/11
$000
Supplementary
Estimates
2010/11
$000
1,972,573 Non-departmental output classes 5 1,803,962 1,820,384 1,813,186
693,200 Purchase or development of capital assets 6 760,659 719,181 760,659
348,591 Other expenses to be incurred by the Crown 7 408,078 515,085 458,227
(55,800) Write back of National Land Transport Fund balance 8 - - -
7,666 Bad debts expense   5,858 6,000 6,000
(4,141) Movement in doubtful debts provision   (1,236) - -
2,962,089 Total non-departmental expenses   2,977,321 3,060,650 3,038,072

Schedule of non-departmental assets

as at 30 June 2011

This schedule summarises the assets that the Ministry administers on behalf of the Crown.

Actual
2009/10
$000
NotesActual
2010/11
$000
Main
Estimates
2010/11
$000
Supplementary
Estimates
2010/11
$000
  Current assets        
23,853 Cash and bank balances   22,395 8,608 29,854
45,345 Receivables and advances 9 63,316 47,163 37,895
  Non-current assets        
24,450 Investment in joint venture airports 10 24,728 26,295 25,402
93,648 Total non-departmental assets   110,439 82,066 93,151

In addition, the Ministry monitors a number of Crown entities. These are:

  • Civil Aviation Authority (which includes the Aviation Security Service)
  • Maritime New Zealand
  • NZ Transport Agency
  • Transport Accident Investigation Commission

The investment in these entities is recorded within the Crown financial statements on a line-by-line basis. No disclosure is made in this schedule.

Schedule of non-departmental liabilities

as at 30 June 2010

This schedule summarises the liabilities that the Ministry administers on behalf of the Crown.

Actual
2009/10
$000
NotesActual
2010/11
$000
Main
Estimates
2010/11
$000
Supplementary
Estimates
2010/11
$000
  Current liabilities        
362,742 Payables 12 277,872 518,150 262,743
362,742 Total non-departmental liabilities   277,872 518,150 262,743

Payables are non-interest bearing and are normally settled on 30-day terms, therefore carrying value of payables approximates their fair value.

Statement of non-departmental expenditure and capital expenditure against appropriations

for the year ended 30 June 2011

This statement details expenditure and capital payments incurred against appropriations. The Ministry administers these appropriations on behalf of the Crown.

Download the statement here [PDF, 60 KB]

** These appropriations are permanent legislative authority appropriations (PLAs) that relate to the National Land Transport Fund (the NLTF). The total of these appropriations is limited by the revenue that is hypothecated to the NLTF and the appropriation sizes in the Estimates are indicative only. Individual appropriations may draw down more revenue than appropriated as long as the total drawn by all of these PLAs is within the revenue available.

Details of multi-year appropriations

Auckland rail
development
$000
Joint venture airports
- Crown
contribution
$000
Rail network and rolling
stock upgrade
$000
Wellington rail
development
$000
Commences 1 July 2009 1 July 2008 1 July 2009 1 July 2009
Expires 30 June 2013 30 June 2011 30 June 2012 30 June 2011
Appropriation 683,597 1,773 111,831 93,742
Expenditure in prior years 178,580 1,242 30,923 76,572
Expenditure in current year 171,578 430 70,761 17,170
Total expenditure to 30 June 2011 350,158 1,672 101,684 93,742
Balance of appropriation remaining at 30 June 2011 333,439 101 10,147 -

The joint venture airport appropriation above expires on 30 June 2011. The government has agreed to a replacement appropriation from 1 July 2011 and the balance of the appropriation at 30 June 2011 of $101,000 is to be transferred to the new appropriation.

Statement of non-departmental commitments

as at 30 June 2011

This statement records those expenditures to which the Crown is contractually committed and which will become liabilities if and when the terms of the contracts are met.

Actual
2009/10
$000
Actual
2010/11
$000
  Operating commitments  
74,296 Other non-cancellable contracts for the supply of goods and services 74,296
74,296 Total operating commitments 74,296
  Term classification of commitments  
18,574 Not later than 1 year 18,574
18,574 More than 1 year but less than 2 years 18,574
37,148 Between 2 and 5 years 37,148
74,296 Total operating commitments 74,296

The liability is a contract with a State-owned enterprise for the supply of outputs. The contract is for indefinite term and can be terminated by mutual agreement between the parties. The fee is renegotiable every 3 years. The commitment is disclosed based on the term of 4 years currently within the approved Estimates of Appropriation.

Statement of non-departmental contingent liabilities

as at 30 June 2011

This statement discloses situations which exist at 30 June 2011, the ultimate outcome of which is uncertain and will be confirmed only on the occurence of one or more future events after the date of approval of the financial statements.

Actual
2009/10
$000
Actual
2010/11
$000
10,000 Transport Accident Investigation Commission emergency guarantee 10,000
10,000 Total contingent liabilities 10,000

The Minister of Finance has issued a $10 million guarantee to the Transport Accident Investigation Commission. The guarantee is to be used in the event of a major transport accident (air or rail) where the Commission would have to hire specialist recovery equipment. This is expected to be a near permanent guarantee.

In addition to the contingent liability disclosed above, an indemnity has been provided by the Crown to the Meteorological Service of New Zealand for potential third party claims in excess of arranged public liability cover. The value of the liability will depend on the circumstances of the claim (unchanged since 21 August 2000).

Statement of non-departmental unappropriated expenditure

for the year ended 30 June 2011

There was no unappropriated expenditure noted during 2010/11.

One instance of unappropriated expenditure was reported in 2009/10 relating to the appropriation Enhanced public transport concessions for SuperGold cardholders, where the growing demand for concessions meant that expenditure exceeded the funding by $0.327 million. Officials are currently reviewing the scheme and exploring options for the scheme’s sustainability going forward.

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