FINANCIAL REPORT AND ACCOUNTS 2011 - States Assembly

NOTES TO THE ACCOUNTSNOTE 36: RELATED PARTY TRANSACTIONSBalances BalancesOrganisationIncome Expenditure Due to the Due by theStates States£’000 £’000 £’000 £’000Les Vaux Housing Trust 130 1,829Parish of St Brelade 2 25Parish of St Clement 6 60Parish of St Peter 7NotesJ Le Fondré, Transportand Technical Services AssistantMinister, is the Honorary Secretary.The balance relates to loans fromthe States, and income to interestcharged on these loansM Jackson, former Transportand Technical Services Minister,was the Connétable.Amounts due include a loanof £25kL Norman, Former EconomicDevelopment Assistant Minister, isthe ConnétableJ Refault, Housing and Health andSocial Services Assistant Minister,is the Connétable2010OrganisationIncomeExpenditureDirectly Controlled Entities – Strategic InvestmentsBalancesDue to theStatesBalancesDue by theStates£’000 £’000 £’000 £’000Jersey Electricity 290 3,123 – 5Jersey Post 659 83 60 4Jersey Telecom 507 170 2 12Jersey Water 142 313 1 –Directly Controlled Entities – Minor EntitiesBureau de Jersey Ltd 106Jersey Dental Scheme 130Jersey Legal InformationBoardDirectly Controlled Entities – Other100Health Insurance Fund 623Social Security Fund 69,764 4,349Victoria College SchoolFund4 48NotesP Ozouf, Treasury and ResourcesMinister, is an Appointee.Expenditure is a grant of £106kExpenditure is in support of theschemeA Maclean, EconomicDevelopment Minister, isa Director.Expenditure is a grant of £100kExpenditure includes grantsof £40k162