Annual Report for the year ended 30 June 2002

Presented to the House of Representatives pursuant to Section 39 of the Public Finance Act, 1989

Contents

Statement of Cash Flows
for the Year Ended 30 June

Statement of Cash Flows for the Year Ended 30 June.
2001 Actual $000		2002 Actual $000	2002 Main Estimates $000	2002 Supp Estimates $000

	Cash flows from operating activities
	Cash provided from:
	Supply of outputs to:
59,431	- Crown	66,168	62,888	72,936
2,373	- Other parties	2,608	1,842	3,422
11	Interest	0	15	0

61,815		68,776	64,745	76,358

	Cash disbursed to:
	Cost of producing outputs:
55,439	- Output expenses	62,949	60,717	69,635
753	- Capital charge	702	741	706
160	Other expenses	0	200	200

56,352		63,651	61,658	70,541

5,463	Net cash inflow/(outflow) from operating activities	5,125	3,087	5,817

	Cash flows from investing activities
	Cash provided from:
583	- Sale of fixed assets	297	236	530
	Cash disbursed to:
3,830	- Purchase of physical assets	3,115	2,900	3,764

(3,247)	Net cash inflow/(outflow) from investing activities	(2,818)	(2,664)	(3,234)

	Cash flows from financing activities
	Cash provided from:
10	- Capital contribution from the Crown	0	100	100
	Cash disbursed for:
2,531	- Payment of surplus to the Crown	2,638	3,586	2,638

(2,521)	Net cash inflow/(outflow) from financing activities	(2,638)	(3,486)	(2,538)

(305)	Net increase/(decrease) in cash balance	(331)	(3,063)	45
2,519	Add opening cash balance	2,214	4,166	2,214

2,214	Closing cash balance	1,883	1,103	2,259

Reconciliation of Net Surplus to Net Cash Flows from Operating Activities
for the Year Ended 30 June

Reconciliation of Net Surplus to Net Cash Flows from Operating Activities for the Year Ended 30 June.
2001 Actual $000		2002 Actual $000	2002 Main Estimates $000	2002 Supp Estimates $000

2,478	Net surplus/(deficit)	5,660	(185)	(50)

	Add non-cash items:
2,296	Depreciation	3,150	2,804	2,584
93	Write downs	0	0	0

2,389	Total non-cash items	3,150	2,804	2,584

	Movements in working capital items:
(1,018)	(Increase)/Decrease in debtors and receivables	(1,855)	189	4,630
21	(Increase)/Decrease in prepayments	(212)	125	30
1,488	Increase/(Decrease) creditors and payables	(2,223)	0	(1,597)
234	Increase/(Decrease) in employee entitlements	419	0	393
0	(Increase)/Decrease in inventories	(3)	(32)	(34)
55	Increase/(Decrease) in unearned revenue	75	0	11
(43)	Increase/(Decrease) in other provisions	222	186	0

737	Net increase/(decrease) in working capital movements	(3,577)	468	3,433

	Add/(less) investing activity items:
(141)	Net (gain) on sale of fixed assets	(108)	0	(150)

(141)	Total investing activity items	(108)	0	(150)

5,463	Net cash inflow/(outflow) from operating activities	5,125	3,087	5,817

Statement of Commitments
as at 30 June

Statement of Commitments as at 30 June.

The Ministry has short to long term leases on its premises. The annual lease payments are subject to two to ten yearly reviews. The amounts disclosed below as future commitments are based on current rental rates. In addition, there are fisheries and biodiversity research projects and registry services contracts entered into in 2001/02 for which the service will be performed after 30 June 2002.
2001 Actual $000		2002 Actual $000

2,478	Net surplus/(deficit)	(50)

	Operating commitments
12,291	- Less than one year	11,919
2,736	- One to two years	4,443
3,021	- Two to five years	1,288
757	- More than five years	560

18,805	Total operating commitments	18,210

1,000	Capital commitments	33

19,805	Total commitments	18,243

Statement of Contingent Liabilities
as at 30 June

Statement of Contingent Liabilities as at 30 June.
2001 Actual $000		2002 Actual $000

1,995	Legal proceedings and disputes	680

1,995	Total contingent liabilities	680

These contingent liabilities relate to public liability claims.

Statement of Unappropriated Expenditure
for the Year Ended 30 June 2002

The Ministry has not incurred any unappropriated expenditure during the 2001/02 financial year (30 June 2001: Nil).

Statement of Departmental and Non-Departmental Expenditure and Appropriations
for the Year Ended 30 June

Statement of Departmental and Non-Departmental Expenditure and Appropriations for the Year Ended 30 June.
2001 Actual $000		2002 Actual $000	2002 Appropriation* $000

Vote Fisheries
	Appropriations for classes of outputs
6,874	D1 – Policy framework	6,195	7,976
21,676	D2 – Fisheries information and monitoring	22,621	24,869
6,200	D3 – Regulatory management	7,061	7,705
10,708	D4 – Fisheries access and administration	10,664	11,256
18,386	D5 – Enforcement of fisheries policies	20,878	21,111
2,796	D6 – Prosecution of offences	4,083	4,267

66,640	Total Departmental Output Class Appropriations	71,502	77,184

	Appropriation for other expenses to be incurred by the department
160	Organisational review	222	225

66,800	Total Departmental Appropriations	71,724	77,409

	Appropriations for other expenses to be incurred by the Crown
2,077	Bad debt write-off	1,140	1,600
0	Trust account distribution	240	240
710	Compensation for quota reductions	141	224
48	Crown-owned quota levy	39	190
540	Transfer of quota	0	0

3,375	Total Non-Departmental Appropriations	1,560	2,254

	Appropriations for capital contribution
10	Purchase of capital assets	0	100

10	Total Capital Contributions	0	100

Vote Biosecurity - Fisheries
	Appropriations for classes of outputs
1,487	D11 – Marine biosecurity advice	2,124	3,153

1,487	Total Departmental Appropriations	2,124	3,153

* Includes adjustments made in Supplementary Estimates and transfers under section 5 of the Public Finance Act.

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Updated : 16 November 2007