| Sale proceeds and dividends of Former SOEs ($ million) | ||||||
BNZ
|
Telecom
|
Contact Energy
|
Total | |||
| Sale revenue |
850
|
4250
|
2331
|
7431
|
||
Year
|
Foregone Dividends
|
|||||
1987
|
30
|
30 | ||||
1988
|
60
|
60 | ||||
1989
|
25
|
25 | ||||
1990
|
39
|
198
|
237 | |||
1991
|
56
|
200
|
256 | |||
1992
|
92
|
307
|
399 | |||
1993
|
15
|
366
|
381 | |||
1994
|
170
|
500
|
670 | |||
1995
|
298
|
597
|
895 | |||
1996
|
279
|
727
|
1,006 | |||
1997
|
270
|
831
|
1,101 | |||
1998
|
120
|
859
|
979 | |||
1999
|
250
|
1,137
|
95
|
1,482 | ||
2000
|
240
|
906
|
103
|
1,249 | ||
2001
|
160
|
303
|
31
|
494 | ||
2002
|
310
|
425
|
110
|
845 | ||
2003
|
295
|
430
|
121
|
846 | ||
2004
|
323
|
490
|
199
|
1,012 | ||
2005
|
235
|
835
|
92
|
1,162 | ||
2006
|
335
|
1,184
|
115
|
1,634 | ||
2007
|
430
|
739
|
150
|
1,319 | ||
2008
|
703
|
762
|
162
|
1,627 | ||
2009
|
252
|
495
|
162
|
909 | ||
2010
|
620
|
453
|
165
|
1,238 | ||
2011
|
395
|
345
|
153
|
893 | ||
Total
|
6,001
|
13,089
|
1,657
|
20,747 | ||
Inflation-adjusted sale proceeds and dividends of Former SOEs (2011$ million)
|
||||||
BNZ
|
Telecom
|
Contact Energy
|
Total
|
|||
| Sale revenue |
1585
|
6733
|
3225
|
11542
|
||
| CPI |
Year
|
Foregone Dividends
|
||||
621
|
1987
|
56
|
56
|
|||
650
|
1988
|
107
|
107
|
|||
697
|
1989
|
41
|
41
|
|||
731
|
1990
|
61
|
314
|
375
|
||
738
|
1991
|
87
|
314
|
401
|
||
748
|
1992
|
142
|
475
|
618
|
||
758
|
1993
|
23
|
559
|
582
|
||
780
|
1994
|
252
|
742
|
995
|
||
802
|
1995
|
430
|
862
|
1292
|
||
823
|
1996
|
393
|
1023
|
1415
|
||
830
|
1997
|
377
|
1159
|
1536
|
||
833
|
1998
|
167
|
1194
|
1361
|
||
837
|
1999
|
346
|
1573
|
132
|
2051
|
|
870
|
2000
|
319
|
1206
|
136
|
1662
|
|
886
|
2001
|
209
|
396
|
41
|
646
|
|
910
|
2002
|
394
|
541
|
139
|
1075
|
|
924
|
2003
|
370
|
539
|
151
|
1060
|
|
949
|
2004
|
394
|
598
|
243
|
1235
|
|
979
|
2005
|
278
|
988
|
109
|
1375
|
|
1005
|
2006
|
386
|
1364
|
133
|
1883
|
|
1037
|
2007
|
480
|
825
|
167
|
1473
|
|
1072
|
2008
|
759
|
823
|
174
|
1757
|
|
1093
|
2009
|
267
|
524
|
171
|
963
|
|
1137
|
2010
|
631
|
461
|
168
|
1261
|
|
1158
|
2011
|
395
|
345
|
153
|
893
|
|
Total
|
7366
|
16826
|
1919
|
26112
|
||
Impact on debt (assuming 6% cumulative interest on government debt) nominal millions.
|
||||||
BNZ
|
Telecom
|
Contact Energy
|
Total
|
|||
Sale revenue
|
-3441
|
-14448
|
-4690
|
-22580
|
||
Foregone dividends
|
12999
|
32423
|
2715
|
48137
|
||
Net increase in debt
|
9558
|
17975
|
-1976
|
25557
|
||
H/T Green Party of Aotearoa New Zealand
