Financial statement

2002-2003 Actual Year-End financial Position ($’000)

 

 

 

 

 

2002-03 Year-End Variance

 

2002- 03 Printed Estimates

Year End Adjustments

Revised Budget Mar. 31, 2003

Interim Expenditure 
Mar. 31, 2003

 

         $

% of Revised Budget

Salaries & Wages

 

7,924.1

 

7,924.1

7,467.0

457.1

5.8

Employee Benefits

1,394.4

 

1,394.4

1,362.2

32.2

2.3

Other Direct Operating Expenses (ODOE)

2,087.9

728.9

2,816.8

3,265.8

449.0

15.9

 

11,406.4

728.9

12,135.3

12,095.0

40.3

0.3

Note:  The OHRC 2002-03 budget ,with Management Board approval, increased by $728.9 at year-end (to fund Labour Disruption Costs, Salary Revisions and Base Budget Pressures).