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Investor Relations Newfoundland and Labrador

Borrowing Program

Government of Newfoundland and Labrador
2017-18 Borrowing Program
Borrowing Requirement as of Budget 2017
$400 million


2016-17 Borrowing Program
Borrowing Requirement
$2.9 billion
Borrowed as of 3/31/2017
$2.9 billion
* Borrowing requirement reflects current borrowing
Government of Newfoundland and Labrador
Statement of Cash Flows
Funding Requirements 2017-18
Budget
($millions)
2016-17
Revised
($millions)
Deficit/(Surplus) 778 1,080
Acquisition of Tangible Capital Assets 479 785
Net Investments 734 1,107
Retirement of Debt and Promissory Notes 154 122
Non-Cash Items (556) (194)
Total 1,588 2,900
Sources of Funding 2017-18
Budget
($millions)
2016-17
Revised
($millions)
Cash and Temporary Investments 1,188 (25)
Borrowings 400 2,925
Total 1,588 2,900

The above information depicts borrowing only for the Government of Newfoundland and Labrador. It does not include borrowings of the government business enterprises, agencies or boards.