Financial Overview

Unless otherwise specified, all figures in this report are in $000 and GST exclusive.

The Ministry has spent $88.419 million in the 2007/2008 financial year against an annual budget appropriation of $96.527 million. When transfers of $7.010 million from 2007/08 into 2008/09 are included, the final audited outturn for 2007/08 gives an effective under spend across all Departmental Output Expenses in the Vote of $1.098 million (1.1 percent).

The tables below and overleaf provide a high-level view of the Ministry’s expenditure for the year.

SOI Final
Estimates
Actual Expenditure Carry
Forwards
Real
Underspend
$000 $000 $000 $000 $000
Fisheries policy advice 7,966 7,093 6,667 0 426
Fisheries information 29,926 32,225 26,466 5,616 143
Fisheries operations 24,398 24,849 23,599 1,084 166
Fisheries compliance 29,635 30,059 29,737 0 322
Aquaculture settlement 1,812 1,667 1,626 0 41
South Pacific Regional Fisheries Management Organisation 0 634 324 310 0
Total

93,737

96,527

88,419

7,010

1,098

The carry forwards amounts represent work originally planned to be undertaken in 2007/08, but which will now be carried out in 2008/09.

In addition, the Ministry has received Cabinet approval to transfer the unspent balance from 2007/08 into 2008/09 in order to undertake preliminary work on initiatives that are important to achieving the fisheries strategic direction relating to amateur representation, or meet the Crown obligations relating to the implementation of foreshore agreements and Treaty Settlements. The amount to be transferred into 2008/09 is $1.046 million.

Departmental Output Expense Profile

Table 1 shows the trend in expenditure in the Ministry’s departmental output expenses over the past four years and the expenditure planned for 2008/09.

Table 1

2004/05 2005/06 2006/07 2007/08 2008/09
Actual Actual Actual Actual Plan
Fisheries policy advice 4,910 5,758 6,884 6,667 7,399
Fisheries information 25,946 27,029 28,873 26,466 31,011
Fisheries operations 16,832 20,209 23,980 23,599 25,948
Fisheries compliance 27,448 30,717 29,980 29,737 30,121
Aquaculture settlement 517 1,003 987 1,626 1,543
South Pacific Regional Fisheries Management Organisation 0 0 0 324 406
Marine biosecurity 603 0 0 0 0
Total

76,256

84,716

90,704

88,419

96,428


Research Services

Table 2 provides a high-level view of the expenditure on fisheries research by fishery type, and other marine-related research. The figures shown are direct costs and do not include any Ministry indirect costs that are apportioned to the individual research projects under the Ministry’s cost allocation system.

Table 2

2004/05 2005/06 2006/07 2007/08 2008/09
Actual Actual Actual Actual Plan
Fisheries Research
Antarctic & deepwater 3,236 3,311 2,154 2,779 2,742
Hoki & middle depths 4,716 4,152 5,797 3,662 4,531
Inshore finfish, eel & snapper 1,923 1,343 1,824 2,011 2,360
Pelagic 1,075 1,867 1,391 915 1,072
Shellfish & rock lobster 1,587 1,964 2,495 2,719 2,669
Non-commercial fisheries 2,035 1,831 1,469 1,353 1,028
Aquatic environment 540 1,481 1,339 1,403 1,631
Other research 2,174 1,965 1,162 1,513 1,423
Subtotal

17,286

17,914

17,631

16,355

17,456

Biodiversity research 1,884 1,490 2,682 1,269 1,696
Biosecurity research 1,192 0 0 0 0
International polar year 0 0 0 0 950
Total

20,362

19,404

20,313

17,624

20,102

Industry Charges

Table 3 shows final cost recovery levies, inclusive of the settlement credit and prior years’ under and over recoveries, and departmental charges for the Ministry for the period from 2004/05 through to 2007/08 and what is planned for 2008/09. As at 30 June 2008, revenue recognised for marine farming fees has provided for revenue previously overcharged.

Table 3


2004/05 2005/06 2006/07 2007/08 2008/09
Actual Actual Actual Actual Plan

$000 $000 $000 $000 $000
Cost recovery levies 25,129 29,908 30,203 31,289 33,460
Transhipment and observer charges 774 834 1,270 1,120 1,898
Permit fees 148 166 189 76 30
Marine farming, licence fees, transfer and lease fees 90 395 273 (134) 150
Other 239 128 123 0 0
Cost recovery levies and charges

26,380

31,431

32,058

32,351

35,538

Total output expenditure

76,256

84,716

90,704

88,419

96,428

Capital Expenditure

Table 4 shows the Ministry’s capital expenditure over the past four years and the expenditure proposed for 2008/09. This programme covers the routine replacement of motor vehicles, the replacement of fisheries compliance vessels, and provides for the building and upgrade of new and replacement information systems to maintain the Ministry’s operating environment.

Table 4


2004/05

2005/06

2006/07

2007/08

2008/09


Actual

Actual

Actual

Actual

Plan


$000

$000

$000

$000

$000

Building and leasehold improvements

246

2,958

2,105

222

210

Office plant and equipment including computer systems

723

2,612

1,794

717

1,440

Motor vehicles and vessels

1,223

571

285

879

1,250

Total

2,192

6,141

4,184

1,818

2,900

Departmental Property, Plant & Equipment

Table 5 shows the net book value of departmental property plant and equipment at 30 June 2008. This table also provides the comparable figures for 30 June 2007.

Table 5


2008 2007
Actual Actual

$000 $000
Land, buildings and leasehold improvements 5,462 5,827
Office plant and equipment 1,229 2,200
IT Software 2,864 2,588
Motor vehicles and vessels 2,425 2,056
Total




11,980

12,671



Updated : 9 October 2008