FINANCIAL REPORT AND ACCOUNTS 2011 - States Assembly

NOTES TO THE ACCOUNTSNOTE 33: LOSSES AND SPECIAL PAYMENTS9.33 Note 33: Losses and Special Payments2010 2011£’000 £’000LossesLosses of cash:Overpayment of Social Benefits 128 309Total losses of cash under £50,000 1 –Total loss of cash 129 309Bad debts and claims abandonedUncollectable Tax 2,857 1,553Other Tax Debtors written off 538 324Car parking fines written off 59 43Other claims abandoned under £50,000 629 233Total bad debts and claims abandoned 4,083 2,153Damage or loss of stocksWrite off of expired Flu Vaccine stock 126 (522)Other Stock write offs 109 77Total damage or loss of stocks 235 (445)Impairments of Fixed AssetsImpairment of Land at Mont Mado – 577Reversal of Impairments previously recognised (38) (452)Total impairment of Fixed Assets (38) 125Other LossesCosts of repurchase of Mont Mado 277Other Losses 92 109Total Other Losses 92 386Special PaymentsCompensation payments:Total compensation payments (32) 100Total compensation payments (32) 100Ex gratia payments:Total ex gratia payments 462 117Total ex gratia payments 462 117Severance paymentsTotal Severance Payments 7,521 2,537Total Special severance payments 7,521 2,537Total losses and special payments 12,452 5,282156