Statement of Forecast Financial Position
| Budgeted Financial Position as at 30 June 2006 $(000) |
Estimated Financial Position as at 30 June 2006 $(000) |
Forecast Financial Position as at 30 June 2007 $(000) |
|
|---|---|---|---|
| Taxpayers’ Funds | |||
| General Funds | 25,165 | 25,195 | 27,510 |
| Revaluation Reserve | 318 | 318 | 318 |
| Total Taxpayers’ Funds | 25,483 | 25,513 | 27,828 |
| Represented by: | |||
| Current Assets | |||
| Cash | 10,082 | 16,028 | 11,247 |
| Debtors and Receivables | 11,436 | 11,436 | 11,436 |
| Inventory | 3,400 | 3,400 | 3,400 |
| Prepayments | 400 | 400 | 400 |
| Total Current Assets | 25,318 | 31,264 | 26,483 |
| Non-Current Assets | |||
| Property, Plan and Equipment | 49,363 | 44,677 | 50,553 |
| Total Assets | 74,681 | 75,941 | 77,036 |
| Current Liabilities | |||
| Creditors and Payables | 20,781 | 20,781 | 20,281 |
| Employee Entitlements | 8,600 | 8,600 | 8,800 |
| Unearned Revenue | 7,880 | 7,880 | 7,940 |
| Provisions | 650 | 650 | 650 |
| Finance Lease Liability | 2,095 | 2,095 | 2,095 |
| Provision for repayment to the Crown | - | 1,230 | - |
| Total Current Liabilities | 40,006 | 41,236 | 39,766 |
| Non-Current Liabilities | |||
| Employee Entitlements | 7,250 | 7,250 | 7,500 |
| Provisions | 300 | 300 | 300 |
| Finance Lease Liability | 1,642 | 1,642 | 1,642 |
| Total Non-Current Liabilities | 9,192 | 9,192 | 9,442 |
| Total Liabilities | 49,198 | 50,428 | 49,208 |
| Net Assets | 25,483 | 25,513 | 27,828 |
The Statement of Accounting Policies should be read in conjunction with these financial statements.
Contact for Enquiries
Strategy and Performance Group
Ministry of Agriculture and Forestry
Pastoral House
25 The Terrace
PO Box 2526, Wellington
Tel: +64 4 894 0100
Fax: +64 4 894 0738
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