Statement of non-departmental contingent assets and liabilities as at 30 June 2011

The Statement of Non-Departmental Contingent Assets and Liabilities shows amounts at balance date that could potentially become assets or liabilities depending on the occurrence of one or more uncertain future events after 30 June 2011. It does not include general or unspecified business risks or conditions.

Contingent liabilities

The Ministry on behalf of the Crown has no contingent liabilities as at 30 June 2011 (2009/10 nil).

Contingent assets

The Ministry on behalf of the Crown has no contingent assets as at 30 June 2011 (2009/10 nil).

^{The accompanying notes form part of these financial statements. For a full understanding of the Crown’s financial position and the results of its operations for the year, refer to the consolidated Financial Statements of the Government for the year ended 30 June 2011.}