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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:

  • $1.259 billion of non-departmental revenue and receipts
  • $2.878 billion of non-departmental expenditure
  • $0.102 billion of non-departmental assets
  • $0.349 billion of non-departmental liabilities

on behalf of the Crown for the year ended 30 June 2012.

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 2012

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

Actual
2010/11
$000
 Notes Actual
2011/12
$000 
Main Estimates
2011/12
$000 
Supplementary
Estimates
2011/12
$000 
1,151,672  Indirect taxation   1,184,162 1,179,742  1,176,520 
1,340  Other 'sovereign power' revenue  2,182  100  1,100 
76,074  Other operational revenue  74,285  80,592  73,591 
278  Share of net asset increase in joint venture airports  (1,374) 
1,229,364  Total non-departmental revenue and receipts    1,259,255  1,260,434  1,251,211 

Schedule of non-departmental expenses

for the year ended 30 June 2012

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
2010/11
$000
 Notes Actual
2011/12
$000 
Main
Estimates
2011/12
$000 
Supplementary
Estimates
2011/12
$000 
1,803,962  Non-departmental output class   5 1,889,348  1,886,441  1,946,732 
760,659  Purchase or development of capital assets   6 625,661  671,663  629,587 
408,078  Other expenses to be incurred by the Crown   7 356,099  365,767  374,293 
5,858  Bad debts expense     6,161 6,000  7,000 
(1,236)  Movement in doubtfull debts provision     768
2,977,321  Total non-departmental expenses     2,878,037 2,929,871  2,957,612 

Schedule of non-departmental assets

as at 30 June 2012

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

Actual
2010/11
$000
 NotesActual
2011/12
$000 
Main
Estimates
2011/12
$000 
Supplementary
Estimates
2011/12
$000 
  Current assets         
22,395  Cash and bank balances    20,119  35,853  3,706 
63,316  Receivables and advances  57,172  33,345  63,317 
  Non-current assets         
24,728  Investment in joint venture airports  24,358  25,902  26,180 
110,439  Total non-departmental assets    101,649  95,100 

93,203 

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 2012

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

Actual
2010/11
$000
Notes Actual
2011/12
$000 
Main
Estimates
2011/12
$000 
Supplementary
Estimates
2011/12
$000 
  Current liabilities         
 277,872 Payables   11  348,583 262,743  259,184 
 277,872 Total non-departmental liabilities   348,583  262,743  259,184 

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 2012

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, 184kb)

** 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. For 2011/12, the separate expense appropriations were replaced by one appropriation – National Land Transport Programme PLA.

Details of multi-year appropriations

 Auckland Rail
Development
$000 
Joint Venture
Airports
- Crown Contribution
$000 
Rail Network
and Rolling
Stock Upgrade
$000 
Commences 1 July 2009  1 July 2011  1 July 2009 
Expires  30 June 2014  30 June 2015  30 June 2012 
Appropriation as at 1 July 2011  683,597  2,000  111,831 
Adjustments  (20,000)  101 
Total funding  663,597  2,101  111,831 
Expenditure in prior years  350,158  101,684 
Expenditure in current year  132,498  153  10,147 
Total expenditure to 30 June 2012  482,656  153  111,831 
Balance of appropriation remaining at 30 June 2012   180,941  1,948  - 

The adjustment to Auckland Rail Development relates to the transfer of funding to another appropriation.

The adjustment to the joint venture airport appropriation relates to the balance of the previous appropriation for the same purpose that expired in 30 June 2011. Cabinet had approved the transfer of the remaining balance of $101,000 to the new appropriation.

Statement on non-departmental commitments

as at 30 June 2012

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
2010/11
$000
 Actual
2011/12
$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 an 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 2012

Actual
2010/11
$000
 Actual
2011/12
$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 2012

There was no unappropriated expenditure noted during 2011/12 (2011: nil).

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