21. Memorandum Accounts
In this section...
- Annual Report 2008/09 homepage
- Chief Executive's overview
- Strategic context 2008/2009
- LINZ's performance 2008/2009
- Financial statements
- LINZ information
- Appendix
These memorandum accounts are notional accounts to record the accumulated balance of surpluses and deficits incurred for outputs operating on a full cost recovery basis. It is intended to provide a long-run perspective to the pricing of outputs.
Landonline - Statement of Memorandum Account
For the year ended 30 June 2009
| Actual 2008 $000 |
Actual 2009 $000 |
|
|---|---|---|
| 28,744 | Balance as at 1 July | 11,805 |
| Income | ||
| 45,154 | Operating revenue | 35,973 |
| Expenses | ||
| 62,093 | Operating expenses | 58,446 |
| (16,939) | Net surplus/(deficit) | (22,473) |
| 11,805 | Balance as at 30 June | (10,668) |
Overseas Investment Office (OIO) - Statement of Memorandum Account
For the year ended 30 June 2009
| Actual 2008 $000 |
Actual 2009 $000 |
|
|---|---|---|
| 117 | Balance as at 1 July | 45 |
| Income | ||
| 1,466 | Income from OIO applications | 1,081 |
| Expenses | ||
| 1,538 | Expenses from OIO operations | 2,467 |
| (72) | Surplus/(deficit) for the period | (1,386) |
| 45 | Balance as at 30 June | (1,341) |
