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This publication is no longer current or has been superseded.
Financial Statements for the Ministry for the Environment
The accompanying notes form part of these financial statements.
Performance Indicators for the Year Ended 30 June 2009
|
Unit |
Actual 30/06/2009 |
Supplementary forecast 30/06/2009 |
|
|---|---|---|---|
|
Operating results |
|||
|
Revenue: Crown |
$000 |
63,570 |
65,470 |
|
Revenue: Departments and other |
$000 |
2,450 |
2,950 |
|
Output expenses |
$000 |
65,022 |
68,420 |
|
Gain on sale of assets |
$000 |
0 |
5 |
|
Net surplus |
$000 |
998 |
5 |
|
Working capital |
|||
|
Net current assets |
$000 |
2,745 |
2,051 |
|
Current ratio |
Ratio |
1.26 |
1.23 |
|
Resource utilisation |
|||
|
Property, plant and equipment |
|||
|
Property, plant and equipment at year-end |
$000 |
1,557 |
1,616 |
|
Value per employee |
$000 |
5.2 |
5.4 |
|
Additions as % of property, plant and equipment |
% |
32.4 |
21.0 |
|
Property, plant and equipment as % of total assets |
% |
9.2 |
10.8 |
|
Intangible assets |
|||
|
Intangible assets at year-end |
$000 |
1,835 |
2,263 |
|
Value per employee |
$000 |
6.1 |
7.5 |
|
Additions as % of intangible assets |
% |
89.4 |
70.0 |
|
Intangible assets as % of total assets |
% |
10.9 |
15.1 |
|
Taxpayers’ funds |
|||
|
Level at year-end |
$000 |
5,101 |
5,101 |
|
Level per employee |
$000 |
17.0 |
17.0 |
|
Net cash flows |
|||
|
Surplus/(deficit) from operating activities |
$000 |
(1,071) |
1,366 |
|
Surplus/(deficit) from investing activities |
$000 |
(1,719) |
(1,919) |
|
Surplus/(deficit) from financing activities |
$000 |
(7,501) |
(7,501) |
|
Net increase/(decrease) in cash held |
$000 |
(10,291) |
(8,054) |
|
Human resources |
|||
|
Staff turnover |
% |
17.0 |
16.0 |
|
Average length of service |
Years |
3.9 |
3.0 |
|
Total staff |
No. |
300 |
300 |
Statement of Financial Performance for the Year Ended 30 June 2009
Actual
30/06/2008
|
|
Notes |
Actual
30/06/2009
|
Main estimates
30/06/2009
|
Supplementary
forecast
30/06/2009
|
|---|---|---|---|---|---|
|
Income |
|
|
|
|
65,689 |
Revenue: Crown |
|
63,570 |
78,320 |
65,470 |
2,119 |
Revenue: Other |
2 |
2,450 |
1,095 |
2,950 |
0 |
Gains |
3 |
0 |
5 |
5 |
67,808 |
Total income |
|
66,020 |
79,420 |
68,425 |
|
Expenditure |
|
|
|
|
23,702 |
Personnel costs |
4 |
27,652 |
23,484 |
27,202 |
915 |
Depreciation and amortisation expense |
8, 9 |
980 |
1,789 |
1,332 |
228 |
Capital charge |
5 |
383 |
278 |
278 |
34,073 |
Other operating expenses |
6 |
36,007 |
53,864 |
39,608 |
58,918 |
Total expenditure |
|
65,022 |
79,415 |
68,420 |
8,890 |
Net surplus |
|
998 |
5 |
5 |
Explanations of significant variances against budget are detailed in note 20.
Statement of Financial Position as at 30 June 2009
|
Actual30/06/2008 $000 |
Notes |
Actual30/06/2009 $000 |
Main estimates30/06/2009 $000 |
Supplementary
forecast30/06/2009 $000 |
|
|---|---|---|---|---|---|
| Assets | |||||
| Current assets | |||||
|
18,488 |
Cash and cash equivalents |
8,197 |
8,051 |
10,434 |
|
|
1,369 |
Debtors and other receivables |
7 |
5,123 |
350 |
574 |
|
154 |
Pre-payments |
182 |
100 |
100 |
|
|
20,011 |
Total current assets |
13,502 |
8,501 |
11,108 |
|
| Non-current assets | |||||
|
1,824 |
Property, plant and equipment |
8 |
1,557 |
1,385 |
1,616 |
|
1,463 |
Intangible assets |
9 |
1,835 |
2,715 |
2,263 |
|
3,287 |
Total non-current assets |
3,392 |
4,100 |
3,879 |
|
| 23,298 | Total assets | 16,894 |
12,601 |
14,987 |
|
| Liabilities | |||||
| Current liabilities | |||||
|
8,346 |
Creditors and other payables |
10 |
7,358 |
5,880 |
7,530 |
|
8,890 |
Repayment of surplus |
11 |
998 |
5 |
5 |
|
1,521 |
Employee entitlements |
12 |
2,401 |
785 |
1,522 |
|
18,757 |
Total current liabilities |
10,757 |
6,670 |
9,057 |
|
| Non-current liabilities | |||||
|
829 |
Employee entitlements |
12 |
1,036 |
615 |
829 |
|
829 |
Total non-current liabilities |
1,036 |
615 |
829 |
|
| 19,586 | Total liabilities | 11,793 |
7,285 |
9,886 |
|
| 3,712 | Net assets | 5,101 |
5,316 |
5,101 |
|
| Taxpayers’ funds | |||||
|
3,712 |
General funds |
13 |
5,101 |
5,316 |
5,101 |
| 3,712 | Total taxpayers’ funds | 5,101 |
5,316 |
5,101 |
Explanations of significant variances against budget are detailed in note 20.
Statement of Changes in Taxpayers’ Funds for the Year Ended 30 June 2009
|
Actual
30/06/2008
|
Actual
30/06/2009
|
Main
estimates
30/06/2009
|
Supplementary
forecast
30/06/2009
|
|
|---|---|---|---|---|
| 3,039 | Balance at 1 July | 3,712 |
3,712 |
3,712 |
|
8,890 |
Surplus for the year |
998 |
5 |
5 |
|
8,890 |
Total recognised income and expense |
998 |
5 |
5 |
|
(8,890) |
Repayment of surplus to the Crown |
(998) |
(5) |
(5) |
|
673 |
Capital contribution |
1,389 |
1,604 |
1,389 |
| 3,712 | Balance at 30 June | 5,101 |
5,316 |
5,101 |
Statement of Cash Flows for the Year Ended 30 June 2009
|
Actual
30/06/2008
|
|
Note |
Actual
30/06/2009
|
Main
estimates
30/06/2009
|
Supplementary
forecast
30/06/2009
|
|---|---|---|---|---|---|
| Cash flows from operating activities | |||||
|
65,689 |
Receipts from Crown |
60,153 |
78,320 |
65,470 |
|
|
1,169 |
Receipts from revenue other |
2,740 |
1,095 |
3,562 |
|
|
(34,873) |
Payments to suppliers |
(36,388) |
(53,864) |
(40,019) |
|
|
(23,331) |
Payments to employees |
(26,565) |
(23,484) |
(27,202) |
|
|
(228) |
Payments for capital charge |
(383) |
(278) |
(278) |
|
|
813 |
Goods and services tax (net) |
(628) |
0 |
(167) |
|
|
9,239 |
Net cash flows from operating activities |
14 |
(1,071) |
1,789 |
1,366 |
| Cash flows from investing activities | |||||
|
9 |
Receipts from sale of property, plant and equipment |
0 |
5 |
5 |
|
|
(509) |
Purchase of property, plant and equipment |
(370) |
(390) |
(340) |
|
|
(496) |
Purchase of intangible assets |
(1,349) |
(2,342) |
(1,584) |
|
|
(996) |
Net cash flows from investing activities |
(1,719) |
(2,727) |
(1,919) |
|
| Cash flows from financing activities | |||||
|
673 |
Capital contributions |
1,389 |
1,604 |
1,389 |
|
|
(677) |
Repayment of surplus |
(8,890) |
(5) |
(8,890) |
|
|
(4) |
Net cash flows from financing activities |
(7,501) |
1,599 |
(7,501) |
|
|
8,239 |
Net (decrease)/increase in cash |
(10,291) |
661 |
(8,054) |
|
|
10,249 |
Cash at the beginning of the year |
18,488 |
7,390 |
18,488 |
|
| 18,488 | Cash at the end of the year | 8,197 |
8,051 |
10,434 |
The GST (net) component of operating activities reflects the net GST paid and received with the Inland Revenue Department. The GST (net) component has been presented on a net basis, as the gross amounts do not provide meaningful information for financial statement purposes.
Statement of Commitments as at 30 June 2009
Capital commitments
The Ministry has no capital commitments (2008: Nil).
Non-cancellable operating lease commitments
The Ministry leases property, plant and equipment in the normal course of its business. The majority of these are for both accommodation and operating leases in Wellington, Christchurch and Auckland.
The amounts disclosed below include amounts for both accommodation and operating leases in Wellington, Christchurch and Auckland.
Operating commitments include lease payments for premises, telephone contracts, vehicle leases and photocopiers. All commitments are disclosed at current rental rates.
Other non-cancellable commitments
The Ministry has entered into non-cancellable contracts for cleaning services, consulting services and other contracts for service.
30/06/2009
$000 |
30/06/2008
$000 |
|
|---|---|---|
| Non-cancellable operating lease commitments | ||
|
Not later than one year |
2,205 |
1,895 |
|
Later than one year but not later than five years |
8,451 |
6,861 |
|
Later than five years |
5,909 |
74 |
|
Total non-cancellable operating lease commitments |
16,565 |
8,830 |
| Other non-cancellable commitments | ||
|
Not later than one year |
13,840 |
10,205 |
|
Later than one year but not later than five years |
17,699 |
11,681 |
|
Later than five years |
11,799 |
14,513 |
|
Total other non-cancellable commitments |
43,338 |
36,399 |
| Total commitments | 59,903 |
45,229 |
Statement of Contingent Liabilities and Contingent Assets as at 30 June 2009
Contingent liabilities
The Ministry has a contingent liability for legal proceedings of $1.95 million representing the amount claimed by the plaintiff in relation to defamation allegations. The Ministry is currently disputing the claim.
The Ministry may be required on expiry of its premises lease in Wellington to make-good any damage caused to the premises and to remove any fixtures and fittings installed by the Ministry. The Ministry has the option to renew the lease. The value of this contingent liability is unquantified.
There were no other contingent liabilities as at 30 June 2009 (2008: Nil).
Contingent assets
The Ministry has no contingent assets as at 30 June 2009 (2008: Nil).
Statement of Unappropriated Expenditure for the Year Ended 30 June 2009
Departmental appropriations and Net Asset Schedule
Departmental output classes were produced within appropriation. (2008: no unappropriated expenditure.)
There was a breach of projected net assets in 2007/08 due to an error in the Main Estimates figures. This was addressed in the Supplementary Estimates.
Statement of Departmental Expenses and Capital Expenditure Against Appropriations for the Year Ended 30 June 2009
Actual
30/06/2008
$000 |
Actual
30/06/2009
$000 |
Appropriation*
30/06/2009
$000 |
|
|---|---|---|---|
| Vote Environment | |||
| Appropriation for departmental output expenses | |||
|
33,369 |
Environmental Policy Advice |
40,194 |
41,656 |
|
1,007 |
Delivery of Environmental Management Programmes |
1,100 |
1,100 |
|
1,312 |
Bioethics Council |
815 |
919 |
|
93 |
Environmental Assistance to the Pacific Islands |
126 |
178 |
|
1,502 |
Resource Management Act Call Ins |
1,719 |
2,824 |
|
2,619 |
World Environment Day |
0 |
0 |
39,902 |
Total | 43,954 |
46,677 |
| Vote Climate Change | |||
| Appropriation for departmental output expenses | |||
|
296 |
Policy Advice – Energy Efficiency and Conservation |
70 |
140 |
|
12,478 |
Policy Advice – Climate Change |
11,876 |
12,703 |
|
6,251 |
Carbon Monitoring Programme |
9,122 |
12,081 |
19,025 |
Total | 21,068 |
24,924 |
| Capital appropriation | |||
|
673 |
Capital contribution |
1,389 |
1,389 |
* This includes adjustments made in the supplementary forecast and transfers under the Public Finance Act 1989.
