Report of the Auditor-General on the finance statement for the year ended 30 June 1994
Overview
The Finance Statement for the 1993–94 financial year comprises; (i) A statement of the aggregate transactions for 1993–94 and the balances of the Consolidated Fund and the Trust Fund as at 30 June 1994, less certain advances from the Public Account (in terms of the Public Account Act 1958), a summary of how these balances were held in the form of bank balances and investments, and a summary of Consolidated Fund transactions; (ii) A reconciliation between total authorised payments made from the Public Account and 1993–94 budget sector outlays as presented in the 1994–95 Budget Paper No. 2; (iii) Details of the year's receipts and expenditure of the Consolidated Fund; (iv) Parliamentary appropriations for 1993–94 introduced two new concepts; (v) Details of receipts into and expenditure from the Trust Fund together with the balances of the various funds and accounts that make up the Trust Fund are classified into a number of categories. The summary table of the Trust Fund as set out on page nine also reflects movement details and comparative figures for last financial year. Details of the balances and transactions for individual trust accounts, together with a list of trust account investments and details of the securities held by Trust Accounts are also included.