The surplus is required to be paid to the Crown by 31 October each year.
|Actual 2021 ($000)||Amount type||Actual 2022 ($000)|
|$5,485||Net surplus or (deficit)||$52,373|
|$98||Plus unrealised (gain) or loss in forward foreign exchange contracts||$(108)|
|$5,583||Total surplus payable to the Crown||$52,265|
The net surplus includes an underspend of $16.566 million for the 'Transformation' multi-year appropriation. This amount will be included in the reported savings for the implementation of the transformation programme.