Estimate $m | Actual $m | Variance $m | Variance Factor | Explanation |
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| The End of Year Position was $918 million. This was a good result and reflects a stable position against forecasts from early 2010. The variance against the original 2009 Budget Estimate of $977 million was due to a slow start in block production, avoidance of Alliance management reserve expenditure (good) and a $43 million Forex gain. | |
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| Overseas Industry | |
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| (11.6) | Local Industry | |
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| Brought Forward | |
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| (43.0) | Cost Savings | |
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| FOREX Variation | |
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| (4.3) | CoA Processes | |
977.1 | 918.2 | (58.9) | Total Variance |