Forecast Departmental Capital Expenditure
For The Year Ending 30 June 2008
Forecast departmental capital expenditure to be incurred in accordance with section 24 of the Public Finance Act 1989.
| ACTUAL 2002/03 $(000) |
ACTUAL 2003/04 $(000) |
ACTUAL 2004/05 $(000) |
ACTUAL 2005/06 $(000) |
BUDGET 2006/07 $(000) |
ESTIMATED ACTUAL 2006/07 $(000) |
FORECAST 2007/08 $(000) | |
|---|---|---|---|---|---|---|---|
| Land and buildings | - | - | - | 8,639 | 2,500 | 2,500 | 900 |
| Leasehold improvements | 361 | 46 | 149 | 7,574 | 150 | 150 | 250 |
| Equipment, furniture and computer software | 5,027 | 8,146 | 4,811 | 7,954 | 12,667 | 12,667 | 10,534 |
| Leased computer hardware | - | 5,745 | 477 | 949 | 3,500 | 3,500 | 1,000 |
| Motor vehicles | 1,526 | 2,136 | 1,621 | 1,743 | 1,150 | 1,150 | 1,500 |
| Total | 6,914 | 16,073 | 7,058 | 26,859 | 19,967 | 19,967 | 14,184 |
The forecast capital expenditure for the 2007/08 financial year is primarily for routine replacement and upgrade of the Ministry's equipment, information technology and motor vehicle fleet.
The forecast financial statements for 2007/08 have been prepared in accordance with NZ GAAP and comply with NZ IFRS and other applicable financial reporting standards, as appropriate for public benefit entities. The comparative figures for 2005/06 and 2006/07 have been prepared under current GAAP and have not been restated to comply with NZ IFRS.
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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