Statement of Intent - 2004 - Part 2
Summary of Forecast Financial Information - Page 57
for the year ended 30 June 2005
| Unit |
Budgeted 2004 |
Estimated actual 2004 |
Forecast 2005 | |
|---|---|---|---|---|
| Operating results | ||||
| Revenue: Third parties | $000 | 26,815 | 26,815 | 26,502 |
| Output expenses | $000 | 407,544 | 407,044 | 432,716 |
| Operating surplus before capital charge | $000 | 2,651 | 3,151 | 6,999 |
| Net surplus/(deficit) | $000 | (5,000) | (4,500) | 0 |
| Working capital | ||||
| Liquid ratio | 0.66 | 0.68 | 0.85 | |
| Current ratio | 1.72 | 1.74 | 1.87 | |
| Average payment period of trade creditors | Days | 27.10 | 27.10 | 26.78 |
| Resource utilisation | ||||
| Physical assets | ||||
| Physical assets as % of total assets | % | 60% | 59% | 58% |
| Additions as % of physical assets | % | 37% | 37% | 40% |
| Taxpayers' funds | ||||
| Level at year end | $000 | 86,498 | 86,998 | 95,097 |
| Taxpayers' funds as % of total assets | % | 59% | 59% | 62% |
| Forecast net cash flows | ||||
| Surplus from operating activities | $000 | 34,494 | 34,874 | 31,833 |
| (Deficit) from investing activities | $000 | (32,533) | (32,533) | (35,716) |
| Surplus from financing activities | $000 | (368) | (368) | 8,099 |
| Net increase in cash held | $000 | 1,593 | 1,973 | 4,216 |
Other pages in: Statement of Intent - 2004 - Part 2
- Statement of responsibility - page 47
- Statement of accounting policies - pages 48-50
- Statement of Forecast Financial Performance - page 51
- Statement of Forecast Movements in Equity - page 52
- Statement of Forecast Financial Position - page 53
- Statement of Forecast Cash Flows - page 54
- Statement of Forecast Commitments - page 55
- Details of Forecast Fixed Assets by Category - page 56
- Summary of Departmental Output Classes - page 58
- Reconciliation of Statement of Intent to 2004 - 2005 Estimates - page 59
- Performance objectives Output Class 1 - Policy Advice - pages 60-62
- Performance objectives Output Class 2 - Adjudication and Rulings -
pages 63-64 - Performance objectives Output Class 3 - Information Services - pages 65-66
- Performance objectives Output Class 4 - Revenue Assessment and Collection - pages 67-68
- Performance objectives Output Class 5 Managment of Debt and Outstanding Returns - pages 69-70
- Performance objectives Output Class 6 - Taxpayer Audit - pages 71-72
- Performance objectives Output Class 7 - Assessment and Collection of Child Support - pages 73-75
- Performance objectives Output Class 8 - Collection of ACC Levies - page 76
Date published: 16 Nov 2004
Back to top