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Statement of Intent - 2004 - Part 3

Schedule of Forecast Expenditure and Appropriations - page 94

for the year ended 30 June 2005

  Budgeted
 
2004
$000
Estimated
actual
2004
$000
Forecast
 
2005
$000
Appropriations for benefits and other unrequited expenses
Child support payments 117,000 118,000 145,000
Family support tax credit 802,000 805,000 918,000
Family tax credit 13,000 14,000 14,000
Child tax credit 159,000 152,000 150,000
Parental tax credit 16,000 14,000 15,000
Paid parental leave 64,000 63,000 74,300
Total benefits and other unrequited expenses 1,171,000 1,166,000 1,316,300
 
Appropriations for borrowing expenses
Adverse event interest 3,350 (2,000) 1,700
Income equalisation interest 26 58 100
Total borrowing expenses 3,376 (1,942) 1,800
 
Appropriations for other expenses
Companies' refunds 158,000 175,000 163,000
GST Inland Revenue refunds 6,105,000 6,805,000 7,172,000
Other persons' refunds 865,000 880,000 880,000
Payment of premiums to ACC 644,700 669,100 711,700
Unclaimed monies 450 900 900
Total other expenses 7,773,150 8,530,000 8,927,600
 
Appropriations for repayment of loans
Income equalisation reserve account 150,000 240,000 180,000
Adverse event income equalisation account 2,000 21,000 24,900
Total repayment of loans 152,000 261,000 204,900
Total expenditure and appropriations 9,099,526 9,955,058 10,450,600

The accompanying accounting policies form part of these financial schedules.

 

 

 


Date published: 16 Nov 2004

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