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Annual Report 2005-2006 - New Zealand Customs Service

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N o t e s t o t h e N o n - d e p a r t m e n t a l<br />

F i n a n c i a l S t a t e m e n t s<br />

F O R T H E Y E A R E N D E D 3 0 J U N E 2 0 0 6<br />

Note 1: Major Budget Variations<br />

The following points are explanations for major<br />

variances against budget.<br />

Schedule of Non-Departmental Liabilities<br />

• Payables have decreased due to lower than<br />

expected levels of outstanding claims for<br />

refunds and drawbacks at year-end.<br />

56 <strong>New</strong> <strong>Zealand</strong> <strong>Customs</strong> <strong>Service</strong> – A N N U A L R E P O R T 2 0 0 5 – 2 0 0 6

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