Annual Report for the Year Ended 30 June 2000- Our Vision
- Chief Executive's Overview
- Key Achievements
- 1999/2000 Financial Performance
- Key Statistics for the Year ended 30 June 2000
- Statement of Responsibility
- Report of the Audit Office
- Financial Statements
- Output Class Performance
- References
Annual Report for the Year Ended 30 June 2000 1999/2000 Financial Performance Note 9: Taxpayers' Funds Taxpayers' funds comprises two components:
General Funds |
30/6/00
Actual
$000 |
30/6/00
Budget
$000 |
30/6/99
Actual
$000 |
General funds as at 1 July |
7,520 |
7,520 |
9,370 |
Net surplus |
2,484 |
50 |
(118) |
Provision for repayment of surplus to the Crown |
(2,532) |
(100) |
(1,682) |
Other adjustments |
0 |
0 |
(50) |
General funds as at 30 June |
7,472 |
7,470 |
7,520 |
|
|
Note 10: Short-term Deposits As at balance date, the following short term deposits had been placed with the New Zealand Debt Management Office (NZDMO):
Counterparty |
Interest
Rate
% |
Term (days) |
30/6/00
Actual
$000 |
30/6/99
Actual
$000 |
NZDMO |
6.25 |
30 |
1,000 |
1,000 |
Total short-term deposits |
|
|
1,000 |
1,000 |
Note 11: Debtors and Receivables
|
30/6/00
Actual
$000 |
30/6/99
Actual
$000 |
Trade debtors |
1,246 |
466 |
Less: Provision for doubtful debts |
(80) |
(91) |
Net trade debtors |
1,166 |
375 |
Interest accrued |
0 |
2 |
Receivables |
19 |
59 |
Debtor: Crown funding |
13,283 |
6,688 |
Total debtors and receivables |
14,468 |
7,124 |
Note 12: Fixed Assets
|
Cost or
valuation
30/6/00
$000 |
Accum-ulated
depre-ciation
30/6/00
$000 |
Net book
value
30/6/00
$000 |
Net book
value
30/6/99
$000 |
Land |
51 |
0 |
51 |
54 |
Buildings |
1,126 |
27 |
1,099 |
966 |
Leasehold improvements |
2,781 |
1,583 |
1,198 |
1,102 |
Plant and equipment |
12,172 |
9,817 |
2,355 |
2,618 |
Capital work in progress |
1,830 |
0 |
1,830 |
1,460 |
Vessels |
683 |
184 |
499 |
571 |
Motor vehicles |
2,221 |
626 |
1,595 |
1,514 |
Total |
20,864 |
12,237 |
8,627 |
8,285 |
Land, buildings and vessels have been revalued during the 1999/2000 financial year at net current value as established by Darroch Limited with subsequent additions at cost less depreciation. |
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