Contents
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Commencement
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Personal Explanation
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Ministerial Statement
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Condolence
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Parliamentary Procedure
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Bills
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Petitions
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Parliamentary Procedure
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Ministerial Statement
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Parliamentary Committees
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Question Time
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Parliamentary Procedure
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Question Time
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Ministerial Statement
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Grievance Debate
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Ministerial Statement
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Bills
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Estimates Replies
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Renewal SA
In reply to Ms CHAPMAN (Bragg—Deputy Leader of the Opposition) (17 July 2014). (Estimates Committee A) (First Session)
The Hon. J.R. RAU (Enfield—Deputy Premier, Attorney-General, Minister for Justice Reform, Minister for Planning, Minister for Housing and Urban Development, Minister for Industrial Relations, Minister for Child Protection Reform): I have been provided the following advice:
Renewal SA's net debt balance across the forward estimates is outlined in the following table:
| 2013-14 | 2014-15 | 2015-16 | 2016-17 | 2017-18 | |
| $'000 | $'000 | $'000 | $'000 | $'000 | |
| Cash | 20,333 | 14,042 | 25,570 | 29,349 | 34,222 |
| Mortgage debtors receivable (Industrial & Commercial Premises Scheme) | 21,811 | 15,036 | 8,639 | 1,788 | 0 |
| Cash & Cash Equivalents | 42,144 | 29,078 | 34,209 | 31,137 | 34,222 |
| Current borrowings | (56,706) | (56,073) | (56,472) | (52,122) | (50,618) |
| Non-current borrowings | (410,822) | (454,236) | (470,827) | (451,442) | (461,965) |
| Gross Debt | (467,528) | (510,309) | (527,299) | (503,564) | (512,583) |
| Net Debt | (425,384) | (481,231) | (493,090) | (472,427) | (478,361) |
Projects that significantly impact the net debt balance include Tonsley and Bowden. Both projects have forecast significant capital development (cash outflows) within the forward estimates with sales (cash inflows) forecast later in the project life cycle and beyond the forward estimates.