retirement.org.nz
Search
Part 2 Introduction
This section contains the following forecast financial statements:
- Statement of Responsibility
- Statement of Forecast Equity (this can be found on pg 24 of PDF)
- Statement of Forecast Cash Flows ( be found on pg 25 of PDF)
- Statement of Significant Underlying Assumptions and Accounting Policies to explain the basis on which theOffice of the Retirement Commissioner has compiled the forecast financial statements.
The forecast financial statements comply with NZ IFRS apart from IAS 19 – Employee Benefits where no provision for sick leave has been made. Caution should be taken when reviewing the forecast financial statements as it is likely that the actual financial results will vary from the information presented and the
variations may be material. The purpose of these forecast financial statements is to provide a base against which the Retirement Commissioner’s actual performance can be assessed.
|
Output
|
Output Category
|
2008/09
Cost $0.000M
|
2009/10
Cost $0.000M
|
2010/11
Cost $0.000M
|
|
· 5.1
|
Research, Monitoring and Advice
|
0.465
|
0.479
|
0.478
|
|
· 5.2
|
Education and Information
|
0.279
|
2.938
|
2.921
|
|
· 5.3
|
Retirement Villages
|
0.286
|
0.306
|
0.305
|
|
· 5.4
|
Workplace Financial Education Programme
|
2.125
|
2.234
|
2.231
|
|
Total
|
|
5.665
|
5.957
|
5.935
|
NB: Indicative application of costs only. The Retirement Commissioner has a single output expense.
