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Annual Report for the Year Ended 30 June 2001
- Our Vision
- Chief Executive's Overview
- Key Achievements
- 2000/2001 Financial Performance
- Key Statistics for the Year ended 30 June 2001
- Statement of Responsibility
- Report of the Audit Office
- Financial Statements
- Output Class Performance
- References
Annual Report for the Year Ended 30 June 2001
Notes to the Financial Statements for the Year Ended 30 June 2001
Note 1: Budget Composition
Note 1: Budget Composition.
|
Notes |
30/6/01
Budget
Forecasts
$000 |
30/6/01
Supp Ests*
Changes
$000 |
30/6/01
Budget
Total
$000 |
Revenue |
|
Crown |
2 |
59,920 |
549 |
60,469 |
Other |
3 |
1,956 |
1,196 |
3,152 |
Interest |
5 |
15 |
0 |
15 |
Total revenue |
|
61,891 |
1,745 |
63,636 |
|
|
Expenditure |
|
Personnel costs |
6 |
20,409 |
1,520 |
21,929 |
Operating costs |
7 |
37,922 |
85 |
38,007 |
Depreciation |
|
2,804 |
0 |
2,804 |
Capital charge |
8 |
741 |
0 |
741 |
Other expenses |
9 |
450 |
(225) |
225 |
Total expenses |
|
62,326 |
1,380 |
63,706 |
Net operating surplus/(deficit) |
|
(435) |
365 |
(70) |
*This includes transfers made under section 5 of the Public Finance Act Note 2: Crown Revenue This is revenue earned for the supply of outputs to the Crown. Note 3: Other Revenue
Note 3: Other Revenue.
|
30/6/01
Actual
$000 |
30/6/01
Budget
$000 |
30/6/00
Actual
$000 |
Transhipment and observer charges |
1,129 |
1,548 |
986 |
Transfer and lease fees |
515 |
453 |
398 |
Marine farming licence fees |
269 |
526 |
241 |
Boat registration and permit fees |
258 |
395 |
360 |
Gain on the sale of fixed assets (Note 4) |
141 |
140 |
13 |
Miscellaneous |
127 |
90 |
209 |
Total revenue - other revenue |
2,439 |
3,152 |
2,207 |
Note 4: Gain on Sale of Fixed Assets
Note 4: Gain on Sale of Fixed Assets.
|
30/6/01
Actual
$000 |
30/6/01
Budget
$000 |
30/6/00
Actual
$000 |
Motor vehicles |
87 |
90 |
13 |
Vessels |
54 |
50 |
0 |
Net gain on sale of assets |
141 |
140 |
13 |
Note 5: Interest Revenue The Ministry invests surplus cash with the New Zealand Debt Management Office (NZDMO) and earns interest at variable rates. Note 6: Personnel Costs
Note 6: Personnel Costs.
|
30/6/01
Actual
$000 |
30/6/01
Budget
$000 |
30/6/00
Actual
$000 |
Salaries and wages |
18,625 |
19,484 |
16,443 |
Other |
2,070 |
2,445 |
2,020 |
Total personnel costs |
20,695 |
21,929 |
18,463 |
Note 7: Operating Costs
Note 7: Operating Costs.
|
30/6/01
Actual
$000 |
30/6/01
Budget
$000 |
30/6/00
Actual
$000 |
Contract for services |
21,665 |
21,734 |
16,543 |
Asset costs |
2,556 |
2,977 |
2,629 |
Operating lease rentals |
1,663 |
1,729 |
1,613 |
Travel |
2,330 |
2,322 |
1,937 |
Communications |
1,374 |
1,419 |
1,443 |
Legal |
462 |
914 |
1,122 |
Printed materials |
1,470 |
1,409 |
1,105 |
Computer consumables |
846 |
554 |
761 |
Audit fees for audit of the financial statements |
117 |
117 |
113 |
Fees to auditors for other services provided |
19 |
0 |
13 |
Asset write-offs |
93 |
0 |
20 |
Bad debts written-off |
22 |
8 |
11 |
Other operating costs |
3,920 |
4,824 |
4,997 |
Total operating costs |
36,537 |
38,007 |
32,307 |
. Note 8: Capital Charge The Ministry pays a capital charge to the Crown on its net taxpayers' funds as at 30 June and 31 December each year. The capital charge rate for the year ended 30 June 2001 was 9.4% (30 June 2000 = 9.4%). Note 9: Other Expenses
Note 9: Other Expenses.
|
30/6/01
Actual
$000 |
30/6/01
Budget
$000 |
30/6/00
Actual
$000 |
Departmental restructuring costs |
160 |
225 |
48 |
Total other expenses |
160 |
225 |
48 |
|