2010-11 Annual Report - Taranaki District Health Board

Notes to the Financial Statements
For the Year Ended 30 June 2011
26 CAPITAL COMMITMENTS AND OPERATING LEASES Group Parent
2011 2010 2011 2010
$000 $000 $000 $000
Capital Commitments
Property, plant and equipment 52,051 6,568 52,051 6,568
52,051 6,568 52,051 6,568
Operating leases as lessee
Taranaki District Health Board leases buildings, vehicles and equipment. These non-cancellable leases typically range from 3 to 5 years (vehicles and
equipment).
Not later than one year 204 431 204 431
Later than one and not later than two years 142 85 142 85
Later than two and not later than five years 109 102 109 102
Later than five years 127 - 127 -
582 618 582 618
27 MAJOR VARIATIONS FROM BUDGET
Income Statement Variances - Revenue
Taranaki District Health Board recorded a surplus of $223 thousand compared with a budgeted deficit of $2.299 million.
A total of $3.8 million additional revenue over budget was received as follows (2010: $7.4m):
Variance
Variance
unaudited
unaudited
2011 2010
$000 $000
Ministry of Health Funding 4,223 4,998
Accident Compensation Revenue (ACC) (417) (229)
Inter District Flows 396 132
Inter Provider Revenue (170) 604
Interest Received 12 510
Donations Received 7 810
Other (260) 536
3,791 7,361
Income Statement Revenue Explanations
Ministry of Health Funding
Accident Compensation Revenue (ACC)
Inter District Flows
Inter Provider Revenue
Other
Additional funding devolved from Ministry in excess of funding envelope advised.
(i) No price increases from ACC, (ii) reduced referrals from ACC.
Inflow of other DHB population greater than expected.
Reduced revenue by HIQ Limited for the provision of Healthzone service to other DHB's.
Exit of Ambulance Service and reduced revenue from part user charges.