Annual Report of the Ministry of Economic Development for the Year Ended 30 June 2005

Presented to the House of Representatives pursuant to the Public Finance Act 1989

G.46

© Crown Copyright 2005 All Rights Reserved

ISSN 1176-4007

28 September 2005

Contents

• Letter to Ministers

Part A: Overview

• The Year's Key Achievements
  • Leadership
  • International Linkages
  • Innovation
  • Regulatory Environment
  • Infrastructure
  • Organisational Development Strategy
• Governance and Structure
  • Overview
  • Ministers and Votes
  • Strategic Leadership Team
  • Management Structure
• Statement of Resources as at 30 June 2005
  • Crown Entities
  • Other Entities
  • Legal Responsibilities
• Ministry of Economic Development Organisational Chart
• Reducing Inequalities
  • Māori Economic Development Strategy
  • Specific Programmes Undertaken by Vote During 2004/2005
• Financial Highlights for the Year Ended 30 June 2005
  • Revenue
  • Output Expenses
  • Net Surplus/(Deficit)
  • Equity

Part B: Financial Statements

• Statement of Responsibility
• Audit Report
  • Unqualified Opinion
  • Basis of Opinion
  • Responsibilities of the Chief Executive and the Auditor
  • Independence
  • Matters Relating to the Electronic Presentation of the Audited Financial Statements
• Statement of Accounting Policies for the Year Ended 30 June 2005
  • Reporting Entity
  • Measurement Basis
  • Accounting Policies
  • Changes in Accounting Policies
• Statement of Financial Performance for the Year Ended 30 June 2005
• Statement of Financial Position as at 30 June 2005
• Statement of Cash Flows for the Year Ended 30 June 2005
• Reconciliation of Net Surplus to Net Cash Flow from Operating Activities for the Year Ended 30 June 2005
• Statement of Movements in Taxpayers' Funds for the Year Ended 30 June 2005
• Statement of Commitments as at 30 June 2005
• Statement of Contingent Liabilities as at 30 June 2005
• Statement of Trust Monies for the Year Ended 30 June 2005
  • Patent Cooperation Treaty Fees Trust Account
  • Petroleum Deposits Trust Account
  • Radio Frequencies Tender Trust Account
  • Coal and Minerals Deposits Trust Account
  • Official Assignee's Office Trust Account
  • Proceeds of Crime Trust Account
• Statement of Unappropriated Expenditure for the Year Ended 30 June 2005
  • Vote: Commerce
• Memorandum Accounts for the Year Ended 30 June 2005
  • Action Taken to Address Surpluses
• Notes to the Financial Statements for the Year Ended 30 June 2005
  • 1. Revenue Crown
  • 2. Revenue Other
  • 3. Personnel
  • 4. Operating
  • 5. Restructuring
  • 6. Depreciation
  • 7. Capital Charge
  • 8. Taxpayers' Funds
  • 9. Receivables and Advances
  • 10. Fixed Assets
  • 11. Creditors and Payables
  • 12. Provisions
  • 13. Unearned Income
  • 14. Provision for Employee Entitlements
  • 15. Provision for Payment of Net Surplus
  • 16. Provision for Onerous Contracts
  • 17. Related Parties
  • 18. Financial Instruments
  • 19. Discontinued Activities
  • 20. Events after Balance Date
• Statement of Departmental Expenditure and Appropriations by Vote for the Year Ended 30 June 2005
  • Explanatory Note

Part C: Statement of Objectives and Statement of Service Performance

• Output Class Specific Performance Measures
• Vote: Economic, Industry and Regional Development
  • Output Class > Policy Advice > Economic, Industry and Regional Development
  • Output Class > Policy Advice > Small Business
• Vote: Commerce
  • Output Class > Policy Advice > Business and Competition
  • Output Class > Administration of Part II Tariff Concessions
  • Output Class > Administration of Trade Remedies
  • Output Class > Registration and Granting of Intellectual Property Rights
  • Output Class > Administration of Insolvencies
  • Output Class > Registration and Provision of Statutory Information
  • Output Class > Administration of Licensed Building Practitioners
• Vote: Communications
  • Output Class > Policy Advice > Communications
  • Output Class > Management and Enforcement of the Radiocommunications Act 1989
• Vote: Consumer Affairs
  • Output Class > Policy Advice on Consumer Issues
  • Output Class > Enforcement and Conformance
• Vote: Energy
  • Output Class > Policy Advice on Energy and Resource Issues
  • Output Class > Management of the Crown Mineral Estate
  • Output Class > Administration of Gas and Electricity Regulations
  • Output Class > Provision of Climate Change Unit Register and Information
  • Output Class > Energy and Resource Information Services
• Vote: Tourism
  • Output Class > Policy Advice > Tourism
• Policy Advice and Ministerial Servicing
  • Quality Assurance Processes
  • Standards for Policy Advice
  • Cost
  • Ministerial Servicing Standards
• Ministerial Servicing Performance
  • Vote: Economic, Industry and Regional Development
  • Vote: Consumer Affairs
  • Vote: Energy
  • Vote: Tourism
• Performance against Policy Advice Standards (by Vote)

Part D: Non-Departmental Schedules

• Schedules of Non-Departmental Activities for the Year Ended 30 June 2005
• Schedule of Revenue and Expenditure for the Year Ended 30 June 2005
• Schedule of Assets and Liabilities as at 30 June 2005
• Schedule of Non-Departmental Revenue for the Year Ended 30 June 2005
• Schedule of Non-Departmental Expenditure and Appropriations for the Year Ended 30 June 2005
• Schedule of Non-Departmental Commitments as at 30 June 2005
• Schedule of Non-Departmental Contingent Liabilities as at 30 June 2005
  • Solid Energy New Zealand Ltd Rehabilitation from Coal Mining Operations

Appendices

• Appendix 1: Legislation Fully or Partially Administered in the Ministry of Economic Development as at 30 June 2005
  • Acts (excluding Spent Repeal Acts)
  • Regulations and Orders in Council (excluding Revocation Orders and Spent Regulations)
• Appendix 2: Reports, Publications and Promotional Material Issued during 2004/2005
  • Vote: Commerce
  • Vote: Communications
  • Vote: Consumer Affairs
  • Vote: Economic, Industry and Regional Development
  • Vote: Energy
  • Vote Tourism
  • Corporate
• Appendix 3: Fees and Expenses Paid to Members of Statutory and Other Bodies Serviced by the Ministry of Economic Development for the Year Ended 30 June 2005
  • Electrical Workers Registration Board
  • Complaints Assessment Committee (Electrical Workers)
  • Small Business Advisory Group
  • Growth and Innovation Advisory Board (GIAB)
  • Financial Intermediaries Taskforce
  • Temporary Safeguard Authority
  • Charities Commission Advisory Group
• Appendix 4: Directory of Offices as at 30 June 2005
  • Head Office
  • Government Economic and Urban Development Office
  • Business Services Branch
  • Ministry of Consumer Affairs
  • The Ministry of Tourism