Select Committee on Treasury Minutes of Evidence


APPENDIX II

Schedule 2

OPERATING COST STATEMENT for the year ended 31 March 1999


1998-99 Provision 1997-98 Outturn 1996-97
£000£000 £000£000 £000£000

Administration Costs
  Staff Costs254,738 237,062
  Other Administration costs215,258 247,869
Gross Administration Costs 469,996484,931
Operating Income-94,210 -105,385
Net Administration Costs 375,786379,546
Programme Costs
Expenditure2,024,634 1,837,076
Less Income
  Income from EU*-1,635,625 -1,474,638
  Other Income-19,381 -15,793
-1,655,006 -1,490,431
Net Programme Costs369,628 346,645
Net Operating Cost745,414 726,191
Net Resource Outturn759,443 732,950
Resource Budget Outturn 2,395,0682,200,829


* of which:

    —  23,065 relates to payments for which MAFF acts as an agent for the EU in making payments to third parties.

    —  1,612,560 relates to receipts which are treated as negative public expenditure and reduce the burden on the UK Exchequer.

STATEMENT OF RECOGNISED GAINS AND LOSSES for the year ended 31 March 1999


1998-99
1997-98
£000
£000

Net gain on revaluation of tangible
  fixed assets
15,452
14,859


Note:

  The net effect of prior period adjustments is reflected in the total recognised gain for the year.

Schedule 3

BALANCE SHEET as at 31 March 1999


1998-99
1997-98
Note
£000
£000
£000
£000

Fixed Assets
  Tangible Assets
406,767
404,979
  Intangible Assets
847
484
  Investments
1,080
1,092
408,694
406,555
Current Assets
  Assets for sale
13,209
0
  Stocks/WIP
2,176
1,772
  Debtors (due within one year)
256,493
99,982
  Debtors (greater than one year)
10,453
8,110
  Cash at Bank and in Hand
11,509
73,745
293,840
183,609
Creditors (due within one year)
-268,710
-132,000
Net Current Assets
25,130
51,608
Total Assets less Current Liabilities
433,824
458,163
Creditors (amounts due after one year)
-73
0
Provisions for liabilities and
Charges
-6.070
-6,701
-6,143
-6,701
427,681
451,462
Taxpayers' Equity
  General Fund
404,401
429,961
  Revaluation Reserve
23,280
20,748
  Other Reserves
0
753
  Donated Asset Reserve
0
0
427,681
451,462


Schedule 4

CASH FLOW STATEMENT For the year ended 31 March 1999


1998-99
£000
1997-98
£000
1996-97
£000

Net Cash outflow from operating activities
-701,298
-734,008
Capital expenditure and financial investment
-53,015
-13,522
Payment to the Consolidated Fund
-18,642
0
Financing from the Consolidated Fund
710,719
771,523
Increase(+)/Decrease(-) in cash in the period
-62,236
23,993
Reconciliation of operating cost ot operating cash flows
Net Operating Cost
745,414
726,191
Adjust for non-cash transactions
-67,232
-65,408
Adjust for movements in working capital other than cash
23,297
73,293
Adjust for transfers from provision
-181
-68
Net cash outflow from operating activities
701,298
734,008
Analysis of capital expenditure and financial investment
Purchases of fixed assets
60,984
33,856
Proceeds from disposal of fixed assets
-8,022
-20,334
52,962
13,522
Loans to other bodies
53
0
Net cash outflow from investing activities
53,015
13,522
Analysis of financing
From Consolidated Fund
710,719
771,523
Increase(-)/decrease(+) in cash
62,236
-23,993
CFERs received but not paid over
2,146
6,759
CFERs from prior years paid over in year
-6,759
0
Net cash requirement
768,342
754,289


Schedule 5:

RESOURCES BY DEPARTMENTAL OBJECTIVES for the year ended 31 March 1999


Objective
Resources 1998-99 Outturn
Net Op Cost 1998-99 Outturn

Gross
£000
Income
£000
Net
£000
Gross
£000
Income
£000
Net
£000

  1.  Protect public health

275,342
-60,459
214,883
275,342
-65,427
209,915
  2.  Sustain and enhance environment
101,269
-9,341
91,928
101,269
-9,839
91,430
  3.  Secure rational CAP

72,600
-38,812
33,788
72,600
-38,912
33,688
  4.  Development of thriving markets
215,125
-95,601
119,524
215,125
-98,777
116,348
  5.  Enhance economic and social development
9,769
-1,540
8,229
9,769
-1,637
8,132
  6.  Administer payments under CAP
1,690,571
-1,515,255
175,316
1,690,571
-1,519,226
171,345
  7.  Conserve fish stocks
37,050
-12,225
24,825
37,050
-12,651
24,399
  8.  High animal welfare standards
15,753
-1,012
14,741
15,753
-1,332
14,421
  9.  Reduce risk of flooding and coastal erosion
73,639
-806
72,833
73,639
-1,101
72,538
10.  Safeguard availability of supplies
3,512
-136
3,376
3,512
-312
3,200
Total Resources
2,494,630
-1,735,187
759,443
2,494,630
-1,749,216
745,414
CFERs
-14,029
Net Operating Cost
2,494,630
-1,749,216
745,414



 
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