Statement of Intent - 2004 - Part 3
Schedule of Forecast Expenditure - page 82
for the year ended 30 June 2005
| Budgeted 2004 $000 |
Estimated actual 2004 $000 |
Forecast 2005 $000 | |
|---|---|---|---|
| Benefits and other unrequited expenses | |||
| 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 | 1,054,000 | 1,048,000 | 1,171,300 |
| Change in debt provisions | |||
| General tax provision | 15,420 | 60,330 | 4,620 |
| Student loan provision | 180,896 | 84,243 | 88,674 |
| Child support provision | 73,309 | 60,332 | 56,492 |
| Total change in debt provisions | 269,625 | 204,905 | 149,786 |
| Student loan write-offs | 172,541 | 175,013 | 210,383 |
| Borrowing expenses | |||
| Income equalisation reserve interest | 3,350 | (2,000) | 1,700 |
| Adverse event income equalisation interest | 26 | 58 | 100 |
| Total borrowing expenses | 3,376 | (1,942) | 1,800 |
| Total expenses | 1,499,542 | 1,425,976 | 1,533,269 |
The accompanying accounting policies form part of these financial schedules.
Other pages in: Statement of Intent - 2004 - Part 3
- Statement of accounting policies and forecast assumptions - pages 78-79
- Statement of accounting policies and forecast assumptions - page 80-81
- Schedule of Forecast Assets - page 83
- Schedule of Forecast Liabilities - page 84
- Schedule of Forecast Movements in Equity - page 85
- Schedule of Forecast Cash Flows from Operating Activities - pages 86-87
- Schedule of Forecast Cash Flows from Investing Activities - page 88
- Schedule of Forecast Expenditure - page 89
- Schedule of Forecast Cash Movements - page 90
- Schedule of Forecast Operating Surplus to Operating Cash Flow - page 91
- Schedule of Forecast Contingent Liabilities - page 92
- Schedule of Forecast Accident Compensation Collection - page 93
- Schedule of Forecast Expenditure and Appropriations - page 94
- Schedule of Forecast Student Loans - page 95
- Statement of Intent a map of Inland Revenue office locations - page 96
Date published: 16 Nov 2004
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