Departmental Forecast Report
for the year ending 30 June 2001
Part A - Introduction and Highlights
The Minister of Defence is the Responsible Minister for the Ministry of Defence
Purpose
The purpose of the Ministry of Defence is to provide high quality advice to enable the Government to make well-informed judgements on the defence of New Zealand and its interests; to acquire significant items of military equipment needed to meet capability requirements; and to audit the New Zealand Defence Force. In carrying out these tasks the Ministry works closely with the New Zealand Defence Force.
Forecast Financial Statements
These statements include:
- a statement of responsibility signed by the Secretary of Defence and the Chief Financial Officer in respect of the statements contained in this report;
- a forecast statement of financial performance for the Ministry of Defence for the year ending 30 June 2001;
- a forecast statement of financial position for the Ministry of Defence as at 30 June 2001;
- a statement of cash flows for the year ending 30 June 2001;
- two reconciliation statements, providing information on the movement in taxpayers' funds, and analysis of significant differences between net surplus/(deficit) in the operating statement and operating cash flows in the cash flow statement;
- a statement of objectives covering financial and output performance, including key financial measures, and quantity, quality, timeliness and cost information for the output classes to be supplied by the Ministry of Defence; and
- a statement of significant accounting policies.
Financial highlights
| 1999/00 Budgeted $000 |
1999/00 Estimated actual $000 |
2000/01 Budget $000 |
|
| Revenue: Crown | 8,069 | 8,069 | 8,069 |
|---|---|---|---|
| Revenue: Other | 30 | 20 | 30 |
| Output expenses | 8,099 | 7,949 | 8,099 |
| Net surplus | 30 | 180 | 30 |
| Taxpayers' funds | 1,555 | 1,555 | 1,555 |
| Net cash flows from operating, investing and financing activities | 77 | 206 | (141) |
| Purchase or development of capital assets | 334,207 | 317,025 | 185,533 |
| Total Crown revenue and receipts | 231,441 | 195,771 | 192,297 |
