Quantifiable Contingent Liabilities and Contingent Assets
| Guarantees and indemnities | Status [19] | ($millions) |
|---|---|---|
| Indemnification of touring exhibitions | New | 370 |
| Other guarantees and indemnities | Changed | 91 |
| 461 | ||
Uncalled capital |
||
| Asian Development Bank | Changed | 2,935 |
| International Bank for Reconstruction and Development | Changed | 1,003 |
|
International Monetary Fund - arrangements to borrow |
New |
1,092 |
| International Monetary Fund - promissory notes | Changed | 1,154 |
| Other uncalled capital | Changed | 176 |
| 6,360 | ||
Legal proceedings and disputes |
||
| Tax disputes | Changed | 312 |
| Other legal proceedings and disputes | Changed | 46 |
| 358 | ||
Other quantifiable contingent liabilities |
||
| Kyoto protocol units | Changed | 528 |
| New Zealand Export Credit Office | Changed | 171 |
| Other quantifiable contingent liabilities | Changed | 349 |
| 1,048 | ||
| Total contingent liabilities | 8,227 |
| Guarantees and indemnities | Status [19] | ($millions) |
|---|---|---|
Contingent Assets |
||
| Legal proceedings and tax disputes | Changed | 592 |
| Other quantifiable contingent assets | Changed | 112 |
| Total contingent assets | 704 |
Notes
- [19]Relative to reporting in the Financial Statements of the New Zealand Government for the year ending 30 June 2011 and reported in the 2011 Pre-election Fiscal Update.
