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• Non-Departmental Activities

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The Ministry of Economic Development administered the following non-departmental appropriations during 2002/2003:

• Output classes across five Votes (Economic, Industry and Regional Development, Commerce, Communications, Energy and Tourism) totalling $139.607 million for services supplied by the Commerce Commission, Securities Commission, Accounting Standards Review Board, Takeovers Panel, Telecommunications Commission, Industry New Zealand, local and national delivery organisations for industry and regional development programmes, and New Zealand Tourism Board;
• Other expenses across five Votes (Economic, Industry and Regional Development, Commerce, Communications, Energy and Tourism) totalling $52.542 million for contributions to international organisations, Ministry of Energy residual liabilities, Regional Development Programme initiatives, Industry Specialist and Feasibility Grants, Business Success and Outreach Schemes, and other grants and expenses; and
• Capital investments in one Vote (Commerce) to the Securities Commission ($0.135 million) to enable it to carry out functions under the proposed Securities Market and Institutions Act, and the Commerce Commission ($1.125 million) to meet additional responsibilities under the telecommunications, electricity and dairy regulatory regimes.

While the Ministry is responsible for making payments for services supplied under non-departmental output classes and, on behalf of the relevant Vote Minister, for monitoring the performance of non-departmental providers, these providers are directly accountable to Ministers for their performance in supplying non-departmental output classes.

The Ministry also collected $161.638 million of Crown revenue in 2002/2003, with the major portion coming from energy resource levies, petroleum royalties, and electricity line businesses levies.

The following information on pages 151 to 156 is provided to give readers a better understanding of the nature and scope of the Crown activities undertaken by the Ministry of Economic Development. For a full understanding of the Crown’s financial position and the results of its operations for the period, reference should be made to the consolidated audited Crown Financial Statements for the year ended 30 June 2003.