How do the "Great Walks" lose $3m a year?
Original post
Hey guys, hope you're all going to have a great Xmas. I just saw the article in the newspaper about "Our right to wild places at risk". Wondering if the claim about the great walks losing money is true? I had thought (and heard it mentioned quite often) they were meant to be a big earner for DOC?
its been discussed for quite a while already on another thread
Yeah I saw the other thread, but just wondered about this bit specifically. It's a pretty broad topic.
Well the revenue should be easy to estimate because we know how much people pay and how many there are, although I'm not sure if it's clear what comes from concessionaires.
What are the expenses?
I can't find where this was sourced from DoC ...
https://resources.stuff.co.nz/content/dam/images/1/f/q/5/f/4/image.related.StuffLandscapeSixteenByNine.620x349.1fmc1r.png/1480043503511.jpg
http://www.stuff.co.nz/national/86702463/the-price-of-paradise-new-zealands-great-walks-are-losing-millions-of-dollars
... but their financial statements for year ended 30 June 2016 are here: http://www.doc.govt.nz/Documents/about-doc/annual-report-2016/annual-report-2016.pdf
The Departmental financial statements start page 93. A definition of accounting terms starts page 101.
Table 23 is an estimate of the useful lives of property, plant & equipment.
You're welcome. Waimarie pai.
1 deleted post from
nimslala
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| Started by | contour_lines_are_the_enemy |
| On | 24 December 2016 |
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