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<hansard id="" tocId="" xml:lang="EN-AU" schemaVersion="1.0" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xml="http://www.w3.org/XML/1998/namespace" xmlns:xsi="http://www.w3.org/2007/XMLSchema-instance" xmlns:mml="http://www.w3.org/1998/Math/MathML" xsi:noNamespaceSchemaLocation="hansard_1_0.xsd">
  <name>House of Assembly</name>
  <date date="2007-10-16" />
  <sessionName>Fifty-First Parliament, Second Session (51-2)</sessionName>
  <parliamentNum>51</parliamentNum>
  <sessionNum>2</sessionNum>
  <parliamentName>Parliament of South Australia</parliamentName>
  <house>House of Assembly</house>
  <venue></venue>
  <reviewStage>published</reviewStage>
  <startPage num="995" />
  <endPage num="1065" />
  <dateModified time="2022-08-06T14:30:00+00:00" />
  <proceeding continued="true">
    <name>Answers to Questions</name>
    <subject>
      <name>Long Term Borrowings</name>
      <text id="20071016c583374c5a9941c980000382">
        <heading>LONG TERM BORROWINGS</heading>
      </text>
      <talker role="member" id="1807" kind="question">
        <name>Dr McFETRIDGE</name>
        <house>House of Assembly</house>
        <electorate id="">Morphett</electorate>
        <questions>
          <question date="2007-07-31" qonNum="135">
            <name>LONG TERM BORROWINGS</name>
          </question>
        </questions>
        <text id="20071016c583374c5a9941c980000383">135 <by role="member" id="1807">Dr McFETRIDGE (Morphett)</by> (31 July 2007).</text>
        <text id="20071016c583374c5a9941c980000384">1.&amp;#x9;What financial intermediaries are Long Term Borrowings made out to and what are the forecasts over the next four years?</text>
        <text id="20071016c583374c5a9941c980000385">2.&amp;#x9;How much does the government expect repayments to increase as a result of increases to Long Term Borrowings?</text>
      </talker>
      <talker role="member" id="526" kind="answer">
        <name>The Hon. P.F. CONLON</name>
        <house>House of Assembly</house>
        <electorate id="">Elder</electorate>
        <portfolios>
          <portfolio id="">
            <name>Minister for Transport</name>
          </portfolio>
          <portfolio id="">
            <name>Minister for Infrastructure</name>
          </portfolio>
          <portfolio id="">
            <name>Minister for Energy</name>
          </portfolio>
        </portfolios>
        <questions>
          <question date="2007-07-31" qonNum="135">
            <name>LONG TERM BORROWINGS</name>
          </question>
        </questions>
        <text id="20071016c583374c5a9941c980000386">
          <by role="member" id="526">The Hon. P.F. CONLON (Elder—Minister for Transport, Minister for Infrastructure, Minister for Energy):</by>  I provide the following information:</text>
        <page num="1022" />
        <text id="20071016c583374c5a9941c980000387">The department's 2006-07 long term borrowing of $102.282 million consists of:</text>
        <text id="20071016c583374c5a9941c980000388">(a)&amp;#x9;$21.522 million of finance lease liabilities predominately for Roma Mitchell House.</text>
        <text id="20071016c583374c5a9941c980000389">(b)&amp;#x9;Long term borrowings from the Treasurer for:</text>
        <text id="20071016c583374c5a9941c980000390">
          <item sublevel="1" bullet="true">Buses and depots</item>
        </text>
        <text id="20071016c583374c5a9941c980000391">
          <item sublevel="1" bullet="true">Indenture ports</item>
        </text>
        <text id="20071016c583374c5a9941c980000392">
          <item sublevel="1" bullet="true">West Lake revetments</item>
        </text>
        <text id="20071016c583374c5a9941c980000393">
          <item sublevel="1" bullet="true">O-Bahn busway</item>
        </text>
        <text id="20071016c583374c5a9941c980000394">
          <item sublevel="1" bullet="true">Government Employee Housing</item>
        </text>
        <text id="20071016c583374c5a9941c980000395">The department does not plan to repay the loan liability to the Treasurer over the next four years.</text>
        <text id="20071016c583374c5a9941c980000396">The increase in long term borrowings arises from the transfer of pre-existing borrowings from the former DAIS business units to the department. This does not result in an increase to government's repayment of borrowings.</text>
      </talker>
    </subject>
  </proceeding>
</hansard>