Forecast of Memorandum Accounts Balances for the Year Ending 30 June 2008

This Document is Archived

Statement of Intent 2007-2010

[ Last Updated 17 May 2007 ]

Memorandum accounts are notional accounts to record the accumulated balance of surpluses and deficits incurred for outputs operating on a full cost recovery basis. They are intended to provide a long-run perspective to the pricing of outputs.

	June 2006 Closing Balance Actual $000 (thousands of dollars)	30 June 2007 Estimated Closing Balance $000 (thousands of dollars)	30 June 2008 Forecast Closing Balance $000 (thousands of dollars)
Vote: Commerce - Registration and Provision of Statutory Information
Opening Balance 1 July	19,660	12,427	8,836
Forecast annual surplus/(deficit)¹⁴	(7,233)	(3,591)	(6,973)
Closing Balance 30 June	12,427	8,836	1,863
Motor Vehicle Traders Register and Information Programme - Vote: Commerce - Registration and Provision of Statutory Information
Opening Balance 1 July	256	627	988
Forecast annual surplus/(deficit)	371	361	(101)
Closing Balance 30 June	627	988	887
Vote: Consumer Affairs - Policy Advice and Support on Consumer Issues
Opening Balance 1 July	(223)	(127)	(27)
Forecast annual surplus/(deficit)	96	100	100
Closing Balance 30 June	(127)	(27)	73
Vote: Commerce - Registration and Granting of Intellectual Property Rights
Opening Balance 1 July	2,552	4,379	5,884
Forecast annual surplus/(deficit)	1,827	1,505	1,505
Closing Balance 30 June	4,379	5,884	7,389
Vote: Communications - Management and Enforcement of Radiocommunications Act 1989
Opening Balance 1 July	9,104	7,173	4,787
Forecast annual surplus/(deficit)¹⁵	(1,931)	(2,386)	(2,436)
Closing Balance 30 June	7,173	4,787	2,351

¹⁴ The movement consists of the surplus/deficit in Vote: Commerce - Registration and Provision of Statutory Information output expense, excluding the surplus/deficit for the Insurance and Superannuation Unit and late filing fees.

¹⁵ The movement consists of the surplus/deficit in Vote: Communications - Management and Enforcement of the Radiocommunications Act 1989 output expense.