|
|
Notes to the Financial Statements
for the year ended 30 June
1 Revenue Crown
|
|
|
|
|
|
2009
Main
Estimates
$000 |
2009
Supplementary Estimates
$000 |
2009 Actual
$000 |
2008 Actual
$000 |
Policy advice |
7,331 |
8,556 |
8,222 |
6,983 |
Fisheries information |
29,028 |
29,933 |
26,841 |
25,514 |
Fisheries operations |
25,511 |
26,358 |
24,949 |
23,002 |
Fisheries compliance |
29,728 |
32,321 |
32,207 |
29,647 |
Aquaculture settlement |
1,540 |
2,254 |
2,254 |
1,664 |
Interim secretariat SPRFMO |
406 |
478 |
428 |
324 |
|
|
|
|
|
Total revenue crown |
93,544 |
99,900 |
94,901 |
87,134 |
|
|
|
|
| 2 Revenue Department
|
|
|
|
|
|
2009
Main
Estimates
$000 |
2009
Supplementary Estimates
$000 |
2009 Actual
$000 |
2008 Actual
$000 |
|
|
|
|
|
Recovery of state sector retirement savings scheme costs |
806 |
806 |
846 |
825 |
Observer charges |
0 |
753 |
769 |
621 |
Fisheries expertise seconded to World Bank |
0 |
0 |
0 |
39 |
Review of ecological effects of shellfish aquaculture |
0 |
0 |
0 |
60 |
Pacific Security Fund |
0 |
137 |
0 |
0 |
Other |
0 |
184 |
54 |
20 |
|
|
|
|
|
Total revenue department |
806 |
1,880 |
1,669 |
1,565 |
|
|
|
|
| 3 Revenue Other
|
|
|
|
|
|
2009
Main
Estimates
$000 |
2009
Supplementary Estimates
$000 |
2009 Actual
$000 |
2008 Actual
$000 |
|
|
|
|
|
Marine farming, licence fees, transfer and lease fees |
10 |
60 |
92 |
-134 |
Transhipment and observer charges |
1,898 |
737 |
540 |
499 |
Permit fees |
170 |
170 |
101 |
76 |
Miscellaneous |
0 |
0 |
137 |
74 |
|
|
|
|
|
Total revenue other |
2,078 |
967 |
870 |
515 |
|
|
|
|
| 30 June 2008 revenue recognised for marine farming fees has provided for revenue previously overcharged. 4 Gain on Sale of Property, Plant and Equipment
|
|
|
|
|
|
2009
Main
Estimates
$000 |
2009
Supplementary Estimates
$000 |
2009 Actual
$000 |
2008 Actual
$000 |
|
|
|
|
|
Motor vehicles |
0 |
0 |
2 |
51 |
Vessels |
0 |
0 |
16 |
6 |
Computer equipment |
0 |
0 |
0 |
5 |
|
|
|
|
|
Net gain on sale of property, plant and equipment |
0 |
0 |
18 |
62 |
|
|
|
|
| 5 Personnel Costs
|
|
|
|
|
|
2009
Main Estimates
$000 |
2009
Supplementary Estimates
$000 |
2009 Actual
$000 |
2008 Actual
$000 |
|
|
|
|
|
Salaries and wages |
39,955 |
38,984 |
39,319 |
36,024 |
Other |
1,951 |
8,478 |
7,132 |
5,790 |
|
|
|
|
|
Total personnel costs |
41,906 |
47,462 |
46,451 |
41,814 |
|
|
|
|
| 6 Operating Costs
|
|
|
|
|
|
2009
Main
Estimates
$000 |
2009
Supplementary Estimates
$000 |
2009 Actual
$000 |
2008 Actual
$000 |
|
|
|
|
|
Advertising, Info and Publicity |
394 |
707 |
629 |
651 |
Asset operating costs |
1,915 |
2,023 |
2,637 |
2,976 |
Communications |
1,276 |
1,278 |
1,311 |
1,353 |
Computer consumables |
1,471 |
1,583 |
1,341 |
1,601 |
Contract for services |
30,764 |
33,793 |
27,772 |
26,158 |
Fees for audit of the financial statements |
165 |
183 |
172 |
165 |
Fees to auditors for other services |
8 |
8 |
3 |
8 |
Legal |
1,143 |
1,444 |
1,259 |
998 |
Operating lease rentals |
3,811 |
4,180 |
5,556 |
3,046 |
Printed materials |
842 |
730 |
495 |
763 |
Research and development costs |
0 |
0 |
0 |
594 |
Travel |
5,109 |
5,231 |
4,384 |
4,504 |
Other operating costs |
3,977 |
636 |
266 |
545 |
|
|
|
|
|
Total operating costs |
50,875 |
51,796 |
45,825 |
43,362 |
|
|
|
|
| 7 Depreciation and Amortisation Expense
|
|
|
|
|
|
2009
Main Estimates
$000 |
2009
Supplementary Estimates
$000 |
2009 Actual
$000 |
2008 Actual
$000 |
|
|
|
|
|
Buildings and leasehold Improvements |
601 |
603 |
601 |
587 |
Plant and equipment |
489 |
456 |
470 |
443 |
Motor vehicles and vessels |
372 |
672 |
420 |
298 |
Intangible assets (software) |
1,188 |
810 |
903 |
961 |
|
|
|
|
|
Total depreciation expense |
2,650 |
2,541 |
2,394 |
2,289 |
|
|
|
|
| 8 Capital Charge
The Ministry paid a capital charge to the Crown on its net taxpayers' funds as at 30 June and 31 December. The capital charge rate for the year ended 30 June 2009 was 7.5%: (2008: 7.5%).
9 Taxpayers' Funds
|
|
|
|
|
|
2009
Main Estimates
$000 |
2009
Supplementary Estimates
$000 |
2009 Actual
$000 |
2008 Actual
$000 |
|
|
|
|
|
Taxpayers' funds comprises |
|
|
|
|
General Funds: |
|
|
|
|
Balance at 1 July |
12,658 |
12,658 |
12,658 |
12,658 |
Net surplus |
0 |
0 |
1,839 |
857 |
Capital contribution |
0 |
703 |
703 |
0 |
Repayment of surplus to the Crown |
0 |
0 |
(1,839) |
(857) |
|
|
|
|
|
General funds at 30 June |
12,658 |
13,361 |
13,361 |
12,658 |
|
|
|
|
| 10 Debtors and Other Receivables
|
|
|
|
2009
Actual
$000 |
2008
Actual
$000 |
|
|
|
Trade debtors |
599 |
369 |
Less: |
|
|
Provision for doubtful debts |
(109) |
(94) |
|
|
|
Net debtors |
490 |
275 |
Receivables |
489 |
633 |
Debtor: Crown funding |
20,803 |
19,277 |
|
|
|
Total debtors and other receivables |
21,782 |
20,185 |
|
|
| Trade debtors are generally on 30 day terms. At 30 June 2009 and 2008, all overdue receivables have been assessed for impairment and appropriate provision applied, as detailed below:
|
|
|
|
|
|
|
|
2009 |
2008 |
|
|
|
|
|
|
|
|
Gross
$000 |
Impairment
$000 |
Net
$000 |
Gross
$000 |
Impairment
$000 |
Net
$000 |
|
|
|
|
|
|
|
Not past due |
21,292 |
(5) |
21,287 |
19,910 |
0 |
19,910 |
Past due 0–12 months |
566 |
(71) |
495 |
311 |
(38) |
273 |
Past due 13–24 months |
1 |
(1) |
0 |
56 |
(54) |
2 |
Past due 25–36 months |
30 |
(30) |
0 |
1 |
(1) |
0 |
Past due > 36 months |
2 |
(2) |
0 |
1 |
(1) |
0 |
|
|
|
|
|
|
|
Total |
21,891 |
(109) |
21,782 |
20,279 |
(94) |
20,185 |
|
|
|
|
|
|
| The provision for doubtful debts has been calculated based on forecast losses for the Ministry's pool of debtors. Forecast losses have been determined based on a review of specific debtors.
Movements in the provision for doubtful debts are as follows:
|
|
|
|
2009
$000 |
2008
$000 |
|
|
|
Balance at 1 July |
94 |
114 |
Additional provisions made during the year |
15 |
0 |
Receivables written off during the period |
0 |
0 |
Unused provision reversed |
0 |
(20) |
|
|
|
Balance at 30 June |
109 |
94 |
|
|
| 11 Property, Plant and Equipment
|
|
|
|
|
|
|
Land
$000 |
Buildings and leasehold improvements
$000 |
Plant and equipment
$000 |
Motor vehicles and vessels
$000 |
Total
$000 |
|
|
|
|
|
|
Deemed Cost |
|
|
|
|
|
Balance at 1 July 2007 |
147 |
6,256 |
4,703 |
3,247 |
14,353 |
Additions |
0 |
222 |
460 |
879 |
1,561 |
Reclassification |
0 |
0 |
(980) |
0 |
(980) |
Disposals |
0 |
0 |
(236) |
(542) |
(778) |
|
|
|
|
|
|
Balance at 30 June 2008 |
147 |
6,478 |
3,947 |
3,584 |
14,156 |
|
|
|
|
|
|
Balance at 1 July 2008 |
147 |
6,478 |
3,947 |
3,584 |
14,156 |
Additions |
0 |
464 |
792 |
1,144 |
2,400 |
Reclassification |
0 |
0 |
(124) |
124 |
0 |
Disposals |
0 |
(71) |
(737) |
(669) |
(1,477) |
|
|
|
|
|
|
Balance at 30 June 2009 |
147 |
6,871 |
3,878 |
4,183 |
15,079 |
|
|
|
|
|
|
Accumulated depreciation and impairment losses |
|
|
|
|
|
Balance at 1 July 2007 |
0 |
576 |
2,503 |
1,191 |
4,270 |
Depreciation |
0 |
587 |
443 |
298 |
1,328 |
Disposals |
0 |
0 |
(228) |
(330) |
(558) |
|
|
|
|
|
|
Balance at 30 June 2008 |
0 |
1,163 |
2,718 |
1,159 |
5,040 |
|
|
|
|
|
|
Balance at 1 July 2008 |
0 |
1,163 |
2,718 |
1,159 |
5,040 |
Depreciation |
0 |
601 |
470 |
420 |
1,491 |
Reclassification |
0 |
0 |
(109) |
109 |
0 |
Disposals |
0 |
(13) |
(737) |
(322) |
(1,072) |
|
|
|
|
|
|
Balance at 30 June 2009 |
0 |
1,751 |
2,342 |
1,366 |
5,459 |
|
|
|
|
|
|
Carrying amounts |
|
|
|
|
|
At 1 July 2007 |
147 |
5,680 |
2,200 |
2,056 |
10,083 |
At 30 June and 1 July 2008 |
147 |
5,315 |
1,229 |
2,425 |
9,116 |
|
|
|
|
|
|
At 30 June 2009 |
147 |
5,120 |
1,536 |
2,817 |
9,620 |
|
|
|
|
|
| The total amount of property, plant, and equipment in the course of construction is $652,000 (2008: $60,000). 12 Intangible Assets
|
|
|
|
|
Acquired software $000 |
Internally generated software
$000 |
Total
$000 |
|
|
|
|
Cost |
|
|
|
Balance at 1 July 2007 |
4,912 |
4,808 |
9,720 |
Additions |
43 |
220 |
263 |
Reclassification |
165 |
815 |
980 |
Disposals |
(81) |
(261) |
(342) |
|
|
|
|
Balance at 30 June 2008 |
5,039 |
5,582 |
10,621 |
|
|
|
|
Balance at 1 July 2008 |
5,039 |
5,582 |
10,621 |
Additions |
194 |
1,470 |
1,664 |
Disposals |
0 |
0 |
0 |
|
|
|
|
Balance at 30 June 2009 |
5,233 |
7,052 |
12,285 |
|
|
|
|
Accumulated amortisation and impairment losses |
|
|
|
Balance at 1 July 2007 |
2,947 |
4,185 |
7,132 |
Amortisation expense |
637 |
324 |
961 |
Disposals |
(75) |
(261) |
(336) |
Impairment losses |
0 |
0 |
0 |
|
|
|
|
Balance at 30 June 2008 |
3,509 |
4,248 |
7,757 |
|
|
|
|
Balance at 1 July 2008 |
3,509 |
4,248 |
7,757 |
Amortisation expense |
614 |
289 |
903 |
Disposals |
0 |
0 |
0 |
Impairment losses |
0 |
0 |
0 |
|
|
|
|
Balance at 30 June 2009 |
4,123 |
4,537 |
8,660 |
|
|
|
|
Carrying amounts |
|
|
|
At 1 July 2007 |
1,965 |
623 |
2,588 |
At 30 June and 1 July 2008 |
1,530 |
1,334 |
2,864 |
|
|
|
|
At 30 June 2009 |
1,110 |
2,515 |
3,625 |
|
|
|
| The total amount of intangible assets in the course of construction is $1,820,000 (2008: $980,000). 13 Creditors and Other Payables
|
|
|
|
2009
Actual
$000 |
2008
Actual
$000 |
|
|
|
Creditors |
5,905 |
7,125 |
Accrued expenses |
8,403 |
6,125 |
|
|
|
Total creditors and other payables |
14,308 |
13,250 |
|
|
| Creditors and other payables are non-interest bearing and settled on 30 day terms, therefore the carrying value of creditors and other payables approximates their fair value. 14 Repayment of Surplus to the Crown
|
|
|
|
2009
Actual
$000 |
2008
Actual
$000 |
|
|
|
Net surplus |
1,839 |
857 |
|
|
|
Total repayment of surplus |
1,839 |
857 |
|
|
| The repayment of surplus is required to be paid by 31 October each year. 15 Provisions
|
|
|
|
2009
Actual
$000 |
2008
Actual
$000 |
|
|
|
Current provisions are represented by: |
|
|
Marine farming permit refunds |
0 |
318 |
Office redevelopment |
0 |
64 |
Onerous lease |
516 |
0 |
Organisational change |
2,124 |
63 |
|
|
|
Total current portion |
2,640 |
445 |
|
|
|
Non-current provisions are represented by: |
|
|
Onerous lease |
1,347 |
0 |
Organisational change |
0 |
153 |
|
|
|
Total non-current portion |
1,347 |
153 |
|
|
|
Total provisions |
3,987 |
598 |
|
|
| Movements in provisions
Movements in each class of provision during the financial year are set out below.
|
|
|
|
|
|
|
Marine farming permit refund
$000 |
Office redevelopment
$000 |
Onerous
lease
$000 |
Organisational change
$000 |
Total $000 |
|
|
|
|
|
|
Consolidated |
|
|
|
|
|
At 1 July 2008 |
318 |
64 |
0 |
216 |
598 |
Arising during the year |
0 |
0 |
1,863 |
2,124 |
3,987 |
Utilised |
(278) |
(64) |
0 |
(63) |
(405) |
Unused amounts reversed |
(40) |
0 |
0 |
(153) |
(193) |
|
|
|
|
|
|
At 30 June 2009 |
0 |
0 |
1,863 |
2,124 |
3,987 |
|
|
|
|
|
|
Current 2009 |
0 |
0 |
516 |
2,124 |
2,640 |
Non-current 2009 |
0 |
0 |
1,347 |
0 |
1,347 |
|
|
|
|
|
|
|
0 |
0 |
1,863 |
2,124 |
3,987 |
|
|
|
|
|
|
Current 2008 |
318 |
64 |
0 |
63 |
445 |
Non-current 2008 |
0 |
0 |
0 |
153 |
153 |
|
|
|
|
|
|
|
318 |
64 |
0 |
216 |
598 |
|
|
|
|
|
| Onerous lease
The Chief Executive has made a decision to release two floors of the Ministry's Head Office building at 101 The Terrace Wellington. The following discount rates were used to calculate the present value of the cost of the onerous lease:
Year 1 3.018%
Year 2 3.82%
Year 3+ 5.96%
Organisational Change
At 30 June 2009 a provision of $2.1 million was made to cover costs associated with changes in the Ministry's structure. These costs are expected to crystallize within the next year.
In assessing the estimated cost of severance for employees affected by these changes, consideration was given to the new organisational structure of the Ministry of Fisheries and the option of re-deployment or relocation to a new position within the Ministry. 16 Employee Entitlements
|
|
|
|
2009
Actual
$000 |
2008
Actual
$000 |
|
|
|
Current employee entitlements are represented by: |
|
|
Annual leave/TOIL/sea and alternate leave |
3,020 |
2,768 |
Long service leave |
183 |
232 |
Retirement leave |
218 |
175 |
Sick leave |
72 |
350 |
Payroll accrual |
640 |
371 |
|
|
|
Total current portion |
4,133 |
3,896 |
|
|
|
Non-current employee entitlements are represented by: |
|
|
Long service leave |
191 |
187 |
Retirement leave |
2,468 |
2,370 |
|
|
|
Total non current portion |
2,659 |
2,557 |
|
|
|
Total employee entitlements |
6,792 |
6,453 |
|
|
| Retirement Leave Employees are entitled to retirement leave or approved early retirement, providing they have completed ten or more years of service and the retirement is the permanent cessation of regular paid employment with the Ministry. Long Service Leave applies to those persons who have not had long service leave rolled into annual leave as at 30 June 2009. There are four possible options available to employees:
- 10 working days after ten years and then a further 10 days after 20 years service
- 5 working days after 5 years, then 1 day per year for 5 years and then 5 days every five years
- 5 days after 5 years, then 1 day per year for every subsequent year
- 10 days after 10 years, then 5 days for every 5 years.
Employee entitlements to long service leave and retirement leave are valued actuarially. The valuation at 30 June 2009 was completed using an actuarial calculation model supplied by the New Zealand Treasury. The present value of the retirement and long service leave obligations depends on several economic and demographic factors that are determined on an actuarial basis using a package of assumptions. Two key assumptions used in calculating this liability include the discount rate and the salary inflation factor. Any change to these assumptions is likely to impact on the carrying amount of the liability.
In determining the appropriate discount rate the Ministry considered the interest rates on NZ government bonds which have terms to maturity that match, as far as possible, the estimated future cash outflows. The salary inflation factor has been determined after considering historical salary inflation patterns and on advice from an independent actuary. If the discount rate were to differ by plus/minus 1% from the Ministry's estimates, with all other factors held constant, the carrying amount of the liability would be an estimated $210,000 higher/$240,000 lower. If the salary inflation factor were to differ by plus/minus 1% from the Ministry's estimates, with all other factors held constant, the carrying amount of the liability would be an estimated $259,000 higher/$229,000 lower. 17 Reconciliation of Net Surplus to Net Cash from Operating Activities for the Year Ended 30 June
|
|
|
|
|
|
2009
Main
Estimates
$000 |
2009
Supplementary
Estimates
$000 |
2009
Actual $000 |
2008
Actual $000 |
|
|
|
|
|
Net surplus |
0 |
0 |
1,839 |
857 |
Add non-cash items: |
|
|
|
|
Depreciation and amortisation expense |
2,650 |
2,541 |
2,394 |
2,289 |
|
|
|
|
|
Total non-cash items |
2,650 |
2,541 |
2,394 |
2,289 |
|
|
|
|
|
Movements in working capital items: |
|
|
|
|
(Increase)/decrease in |
|
|
|
|
- debtors and other receivables
|
0 |
(1,381) |
(1,596) |
(2,539) |
|
0 |
(99) |
(143) |
93 |
Increase/(decrease) in |
|
|
|
|
- creditors and other payables
|
(100) |
3,148 |
1,058 |
(1,932) |
|
0 |
0 |
3,389 |
598 |
|
400 |
2,236 |
339 |
1,244 |
|
0 |
0 |
132 |
107 |
|
|
|
|
|
Net increase/(decrease) in working capital items |
300 |
3904 |
3179 |
(2,429) |
|
|
|
|
|
Add/(less) investing activity items: |
|
|
|
|
Net (gain)/loss on sale of property, plant and equipment, and software |
0 |
0 |
28 |
22 |
|
|
|
|
|
Total investing activity items |
0 |
0 |
28 |
22 |
|
|
|
|
|
Net cash from operating activities |
2,950 |
6,445 |
7,440 |
739 |
|
|
|
|
| 18 Related Party Transactions and Key Management Personnel
Related party transactions
The Ministry is a wholly owned entity of the Crown. The Government significantly influences the roles of the Ministry as well as being its major source of revenue.
The Ministry enters into transactions with other government departments, Crown entities and state-owned enterprises on an arm's length basis. Those transactions that occur within a normal supplier or client relationship on terms and conditions no more or less favourable than those which it is reasonable to expect the Ministry would have adopted if dealing with that entity at arm's length in the same circumstance are not disclosed.
Key management personnel compensation
|
|
|
|
2009
Actual
$000 |
2008
Actual
$000 |
|
|
|
Salaries and other short-term employee benefits |
1,774 |
1,053 |
|
|
|
Total key management personnel compensation |
1,774 |
1,053 |
|
|
| Key management personnel include the chief executive, six direct reports and the chief financial officer. The 2008 comparatives included only the chief executive, two direct reports and the chief financial officer.
19 Financial Instrument Risks
The Ministry's activities expose it to a variety of financial instrument risks, including market risk, credit risk, and liquidity risk. The Ministry has a series of policies to manage the risks associated with financial instruments and seeks to minimise exposure from financial instruments. These policies do not allow any transactions that are speculative in nature to be entered into.
Credit Risk
Credit risk is the risk that a third party will default on its obligations to the Ministry, causing the Ministry to incur a loss. In the normal course of its business, credit risk arises from debtors and transactions with financial institutions. There is no collateral held as security against these financial instruments with financial institutions the Ministry deals with, as these entities have high credit ratings. For its other financial instruments, the Ministry does not have significant concentrations of credit risk.
Fair Value
The fair value of all financial instruments is equivalent to the carrying amount disclosed in the Statement of Financial Position.
Market Risk
Currency Risk
Currency risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in foreign exchange rates.
The Ministry's foreign exchange management policy requires the Ministry to manage material currency risk arising from future transactions and recognised liabilities by entering into foreign exchange forward contracts. The Ministry’s policy has been approved by the Treasury and is in accordance with the requirements of the Treasury Guidelines for the Management of Crown and Departmental Foreign-Exchange Exposure.
Interest Rate Risk
Interest rate risk is the risk that the fair value of a financial instrument will fluctuate, or the cash flows from a financial instrument will fluctuate, due to changes in market interest rates.
The Ministry has no significant exposure to either currency risk or interest rate risk.
Liquidity Risk
Liquidity risk is the risk that the Ministry will encounter difficulty raising liquid funds to meet commitments as they fall due.
In meeting its liquidity requirements, the Ministry closely monitors its forecast cash requirements with expected cash draw downs from the New Zealand Debt Management Office. The Ministry maintains a target level of available cash to meet liquidity requirements.
The table below analyses the Ministry's financial liabilities that will be settled based on the remaining period at 30 June 2009 to the contractual maturity date. The amounts disclosed are the contractual undiscounted cash flows.
|
|
|
|
|
|
Not Due
$000 |
Less than 6 months
$000 |
Between 6 months and
one year
$000 |
Total
$000 |
|
|
|
|
|
2008 |
|
|
|
|
Creditors |
6,665 |
440 |
20 |
7,125 |
Accrued expenses |
6,125 |
0 |
0 |
6,125 |
|
|
|
|
|
Total |
12,790 |
440 |
20 |
13,250 |
|
|
|
|
|
2009 |
|
|
|
|
Creditors |
5,442 |
151 |
312 |
5,905 |
Accrued expenses |
8,403 |
0 |
0 |
8,403 |
|
|
|
|
|
Total |
13,845 |
151 |
312 |
14,308 |
|
|
|
|
| 20 Categories of Financial Instruments
The carrying amounts of financial assets and financial liabilities in each of the NZ IAS 39 categories are as follows:
|
|
|
|
2009
Actual
$000 |
2008
Actual
$000 |
|
|
|
Loans and receivables |
|
|
Cash |
4,772 |
1,174 |
Debtors and other receivables |
21,782 |
20,185 |
|
|
|
Total loans and receivables |
26,554 |
21,359 |
|
|
|
Financial liabilities measured at amortised cost |
|
|
|
|
|
Creditors and other payables |
14,308 |
13,250 |
|
|
| 21 Capital Management
The Ministry’s capital is its equity (or taxpayers' funds), which comprise general funds. Equity is represented by net assets.
The Ministry manages its revenues, expenses, assets, liabilities, and general financial dealings prudently. The Ministry's equity is largely managed as a by-product of managing income, expenses, assets, liabilities, and compliance with the Government Budget processes and with Treasury Instructions.
The objective of managing the Ministry's equity is to ensure the Ministry effectively achieves its goals and objectives for which it has been established, whilst remaining a going concern.
22 Segment Information
The Ministry undertakes fisheries management activities throughout New Zealand.
23 Major Budget Variations
Statement of Financial Performance
The variations from the initial 2008/2009 Budget Night (Main) Estimates to Supplementary Estimates were due to:
|
|
|
|
|
$000 |
|
|
|
1 |
The carry forward of fisheries research funding from 2007/08 into 2008/09 |
5,850 |
2 |
An increase in funding for Ngāti Porou negotiations |
2,152 |
3 |
An increase in funding for the Waikato river co-management implementation |
1,724 |
4 |
A transfer of funding of unspent 2007/08 expense appropriations to 2008/09 |
1,046 |
5 |
The carry forward of Environmental Certification funding to 2008/09 |
850 |
6 |
A transfer from future years' funding for Māori Aquaculture Settlement |
750 |
7 |
Carry Forward for the Interim Secretariat South Pacific Regional Fisheries Management Organisation from 2007/08 into 2008/09 |
310 |
8 |
An increase in funding for the State Sector Retirement Savings Scheme |
143 |
9 |
An increase in funding for the Pacific Security Funds |
137 |
10 |
A forecast increase in prosecution costs |
100 |
11 |
Increase in funding to support the implementation of the Growth and Innovation Framework |
56 |
12 |
An increase in funding for Biosecurity NZ secondment |
41 |
13 |
An increase in funding for building capability for collaborative governance |
15 |
14 |
A transfer from 2008/09 to 2009/10 to fund fisheries research services |
(5,166) |
15 |
A transfer from 2008/09 to 2009/10 for environmental certification |
(745) |
16 |
A reduction in funding for Observer services |
(408) |
17 |
A transfer from 2008/09 to 2009/10 for the identity verification services |
(296) |
18 |
A transfer to 2009/10 for the Interim Secretariat South Pacific Regional Fisheries |
(240) |
|
|
|
|
Total |
6,319 |
|
|
| These movements are shown in the table below.
|
|
|
|
|
|
|
|
|
Fisheries Policy
$000 |
Fisheries Information
$000 |
Fisheries Operations
$000 |
Fisheries Compliance
$000 |
Aquaculture $000 |
SPRFMO $000 |
Total $000 |
|
|
|
|
|
|
|
|
Main Estimates |
7,399 |
31,011 |
25,948 |
30,121 |
1,543 |
406 |
96,428 |
Cabinet approvals |
4402
3723 |
|
9582
8613 |
7542
4913 |
7506 |
|
4,626 |
Observer services |
|
(408)16 |
|
|
|
|
(408) |
Prosecution costs |
|
|
|
10010 |
|
|
100 |
Growth and innovation |
5611 |
|
|
|
|
|
56 |
Expense transfers |
1404 |
5,6161
8404
(5,166)14 |
2341
664
8505
(745)15
(296)17 |
|
|
3107
(240)18 |
1,609 |
SSRSS |
128 |
168 |
468 |
688 |
18 |
|
143 |
Transfers to/from the Ministry |
1379 |
|
4112
1513 |
|
|
|
193 |
Fiscally neutral adjustments |
217 |
(385) |
(1,046) |
1,248 |
(36) |
2 |
0 |
|
|
|
|
|
|
|
|
Total Appropriations |
8,773 |
31,524 |
26,932 |
32,782 |
2,258 |
478 |
102,747 |
|
|
|
|
|
|
|
|
Actual expenditure |
8,078 |
28,131 |
24,929 |
31,914 |
2,118 |
449 |
95,619 |
|
|
|
|
|
|
|
|
|
|