Introduction
These forecast financial statements for the Ministry for the Environment contain the following statements pursuant to section 41 of the Public Finance Act 1989:
- a statement of financial performance reflecting the forecast revenue and expenses for the financial year ending 30 June 2006
- a statement of the estimated financial position as at 30 June 2005 and forecast financial position as at 30 June 2006
- a statement of cash flows reflecting forecast cash flows for the year ending 30 June 2006
- a statement showing the reconciliation of the net forecast operating surplus to the net cash flow forecast from operating activities for the year ending 30 June 2006
- a statement of forecast movements in taxpayers' funds (equity)
- a statement of forecast commitments
- a statement of forecast details of physical assets by category
- a statement of departmental capital expenditure
- a statement of significant underlying assumptions
- a statement of accounting policies
- a statement of objectives specifying the financial performance forecast for the Ministry for the year ending 30 June 2006
- a statement of objectives specifying the performance forecast for each class of outputs for the year ending 30 June 2006.
Financial highlights
View Financial highlights (large table)
Statement of financial performance for the year ending 30 June 2006
View Statement of financial performance for the year ending 30 June 2006 (large table)
Statement of estimated financial position as at 30 June 2005 and forecast financial position as at 30 June 2006
Statement of cash flows for the year ending 30 June 2006
View Statement of cash flows for the year ending 30 June 2006 (large table)
Reconciliation of net operating surplus to net cash flow from operating activities for the year ending 30 June 2006
View Reconciliation of net operating surplus to net cash flow from operating activities for the year ending 30 June 2006 (large table)Statement of the forecast movement in taxpayers' funds for the year ending 30 June 2006
Statement of forecast commitments for the year ending 30 June 2006
View Statement of forecast commitments for the year ending 30 June 2006 (large table)Forecast details of physical assets by category as at 30 June 2006
View Forecast details of physical assets by category as at 30 June 2006 (large table)
Departmental capital expenditure
View Departmental capital expenditure (large table)
The forecast furniture and fittings expenditure for the 2005/06 financial year is related to the fit-out of the Ministry's new Head Office (Environment House). Other expenditure is for the routine replacement and upgrade of the Ministry's information technology and office equipment, to help our staff efficiently deliver the services set out in this Statement of Intent.
Statement of significant underlying assumptions
These prospective financial statements have been compiled on the basis of government policies and the Ministry for the Environment's Output Plan as agreed with our Ministers.
Statement of significant accounting policies
These prospective financial statements comply with generally accepted accounting practice. The measurement base applied is historical cost adjusted for revaluations of assets.
