Note 12: Surplus payment due to the Crown
The Office is not permitted to retain operating surpluses under the Public Finance Act 1989. Thus, the surplus for the year of $929,186 is repayable to the Crown, and is due to be paid by 31 October 2013.
| Actual 2011/12 |
Actual 2012/13 |
|
| $000 | $000 | |
| 1,449 | Surplus current year | 929 |
| 916 | Surplus brought forward | 1,449 |
| (916) | Payment to the Crown | (1,449) |
| 1,449 | Total provision for payment to the Crown | 929 |