| Estimate $m | Actual $m | Variance $m | Variance Factor | Explanation |
|
|
|
| The underspend reflects the incorrect programming of a lump sum payment to the Alliance Industry Participants to escalate contract prices from base date of September 2004 to effective date May 2007. This has remained a variance for most of the financial year. This variance aside, the Alliance reported a slight overspend of $1.6m due to effort required to correct minor problems with the final release of the Combat System Management software and additional integration testing.
| |
|
| Overseas Industry | |||
| 1.6 | Local Industry | |||
|
| Brought Forward | |||
|
| Cost Savings | |||
|
| FOREX Variation | |||
| (17.5) | Commonwealth Delays | |||
| 39.5 | 23.5 | (16.0) | Total Variance |