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54 condition of the asset, expected period of use of the asset by the Health and Disability Commissioner, and expected disposal proceeds from the future sale of the asset. An incorrect estimate of the useful life or residual value will impact the depreciation expense recognised in the statement of fi nancial performance, and carrying amount of the asset in the statement of fi nancial position. The Health and Disability Commissioner minimises the risk of this estimation uncertainty by: • physical inspection of assets. • asset replacement programmes. The Health and Disability Commissioner has not made signifi cant changes to past assumptions concerning useful lives and residual values. The carrying amounts of property, plant and equipment are disclosed in note 9. Critical judgements in applying the Health and Disability Commissioner’s accounting policies Management has exercised the following critical judgements in applying the Health and Disability Commissioner’s accounting policies for the period ended 30 June 2012: Lease classifi cation Determining whether a lease agreement is a fi nance or operating lease requires judgement as to whether the agreement transfers substantially all the risks and rewards of ownership to the Health and Disability Commissioner. Judgement is required on various aspects that include, but are not limited to, the fair value of the leased asset, the economic life of the leased asset, whether or not to include renewal options in the lease term and determining an appropriate discount rate to calculate the present value of the minimum lease payments. Classifi cation as a fi nance lease means the asset is recognised in the statement of fi nancial position as property, plant and equipment, whereas for an operating lease no such asset is recognised. The Health and Disability Commissioner has exercised its judgement on the appropriate classifi cation of equipment leases, and has determined that no lease arrangements are fi nance leases. Lease incentives received are recognised in the surplus or defi cit over the lease term as an integral part of the lease expense. 2. Revenue from the Crown The Health and Disability Commissioner has been provided with funding from the Crown for the specifi c purposes of the Health and Disability Commissioner as set out in its founding legislation and the scope of the relevant government appropriations. Apart from these general restrictions there are no unfulfi lled conditions or contingencies attached to government funding (2011 nil).
3. Other income 4. Personnel costs Actual Actual 2012 2011 $ $ Sale of publications 85,187 85,782 Total other revenue 85,187 85,782 Actual Actual 2012 2011 $ $ Salaries and wages 4,198,687 3,822,086 Employer contributions to defi ned contribution plans Increase/(decrease) in employee entitlements (note 12) 26,705 37,513 (4,388) 6,032 Total personnel costs 4,221,004 3,865,631 Employee contributions to defi ned contribution plans include contributions to Kiwisaver and the Government Superannuation Fund. HDC ANNUAL REPORT 2012 55
Page 1 and 2:
ANNUAL REPORT for the year ended 30
Page 3 and 4:
1. Commissioner’s Foreword ......
Page 5 and 6: 1.0 Commissioner’s Foreword The m
Page 7 and 8: 1.1 2011/12 Priorities In line with
Page 9 and 10: 2.0 Role of the Health and Disabili
Page 11 and 12: 2.2 Impact and outcomes HDC and the
Page 13 and 14: Deputy Commissioner, Complaints Res
Page 15 and 16: CASE STUDY: Lack of consistent appr
Page 17 and 18: Nature of complaints The HDC receiv
Page 19 and 20: DHB reports Section 38 The HDC cont
Page 21 and 22: CASE STUDY: Dental care - is this t
Page 23 and 24: Source of complaints Of those who c
Page 25 and 26: Having a national focus each year o
Page 27 and 28: CASE STUDY: Achieving compensation
Page 29 and 30: Statistics The Director of Proceedi
Page 31 and 32: Education for providers and the wid
Page 33 and 34: Disability related complaints recei
Page 35 and 36: 5.0 Organisational Performance, Dev
Page 37 and 38: 5.6 Processes and technology Sustai
Page 39 and 40: 6.2 Output Class 2: Advocacy Perfor
Page 41 and 42: 6.4 Output Class 4: Education Perfo
Page 43 and 44: 7.0 Statement of Responsibility In
Page 45 and 46: HDC ANNUAL REPORT 2012 An audit inv
Page 47 and 48: STATEMENT OF FINANCIAL POSITION as
Page 49 and 50: STATEMENT OF CASH FLOWS for the yea
Page 51 and 52: Standards, amendments, and interpre
Page 53 and 54: Disability Commissioner and the cos
Page 55: Goods and Service Tax (GST) All ite
Page 59 and 60: 7. Debtors and other receivables 8.
Page 61 and 62: In the year ended 30 June 2012, HDC
Page 63 and 64: 13. Non current liability Lease inc
Page 65 and 66: 16. Commitments and operating lease
Page 67 and 68: 19. Employee remuneration Total rem
Page 69 and 70: Credit risk Credit risk is the risk
Page 71 and 72: Transparency Engagement Consumer Ce
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