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Statement of Financial Performance for the Year Ended 30 June 2003


This Document is Archived


Report of the Ministry of Economic Development for the Year Ended 30 June 2003

[ Last Updated 5 January 2006 ]


2002200320032003
TotalMainSupplementary
ActualNoteActualEstimatesEstimates5
$000$000$000$000
Revenue 
41,099Crown143,62441,84844,509
52,506Other250,62049,20152,429
137Interest3------
93,742Total revenue94,24491,04996,938
Expenses 
42,221Personnel442,97941,23644,112
41,667Operating540,51742,24741,082
567Restructuring62,779--2,587
4,803Depreciation74,9514,9005,169
235Capital charge8244258244
89,493Total Output Expenses91,47088,64193,194
--Other Expenses------
89,493Total Expenses91,47088,64193,194
4,249Net Surplus/(Deficit)2,7742,4083,744

This statement is to be read in conjunction with the Statement of Accounting Policies and Notes to the Financial Statements.

For information on major variances against budget refer to Note 20.


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