
|
The central government's current, investment and lending
balance, net cash balance and gross deficit, 1995-2004
| THE CENTRAL GOVERNMENT'S CURRENT, INVESTMENT AND LENDING BALANCE, NET CASH BALANCE AND GROSS DEFICIT, 1995-2004 |
Table 3
|
| DKK billion |
1995
|
1996
|
1997
|
| Current, investment and lending budget |
-31.3
|
-21.5
|
7.6
|
| Net bond purchases 1 |
-11.5
|
-4.4
|
7.4
|
| Re-lending of government loans |
-1.6
|
-1.4
|
-0.8
|
| Disturbed capital losses on issue and due interest 2 |
5.7
|
7.4
|
5.1
|
| Other capital items 3 |
0.1
|
0.4
|
-6.6
|
| Net cash balance |
-38.5
|
-19.5
|
12.7
|
| Redemptions on domestic government debt |
104.5
|
76.7
|
81.4
|
| Redemptions on foreign government debt |
28.5
|
30.8
|
31.4
|
| Gross deficit |
-171.5
|
-126.9
|
-100.1
|
| Gross domestic financing requirement |
138.8
|
94.7
|
73.8
|
| Sale of government securities, market value 4 |
137.2
|
96.0
|
73.0
|
Note: Refer to Chapter 3 for 2005.
Source: Central-government accounts.
1 As from 1998, net bond purchases by the Social Pension Fund are no longer included in the net cash balance, but are instead included in the redemptions on the domestic government debt.
2 Including capital losses on buy-back.
3 Includes e.g. movements in the central government's holdings, cf. Budget Review from the Ministry of Finance.
4 Includes net sales of Treasury bills. |
| THE CENTRAL GOVERNMENT'S CURRENT, INVESTMENT AND LENDING BALANCE, NET CASH BALANCE AND GROSS DEFICIT, 1995-2004 |
Table 3
|
|
1998
|
1999
|
2000
|
2001
|
2002
|
2003
|
2004
|
|
31.4
|
9.1
|
30.7
|
24.0
|
25.8
|
12.4
|
27.7
|
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
|
0.3
|
-1.6
|
-2.8
|
-2.4
|
-8.9
|
-0.8
|
-5.4
|
|
2.1
|
3.2
|
1.4
|
0.4
|
-0.1
|
-0.7
|
0.5
|
|
0.1
|
0.2
|
-2.3
|
0.9
|
-20.0
|
-4.1
|
0.9
|
|
34.0
|
10.9
|
27.0
|
22.9
|
-3.2
|
6.9
|
23.6
|
|
79.0
|
75.9
|
91.3
|
101.2
|
112.4
|
106.3
|
101.7
|
|
37.4
|
20.0
|
15.7
|
17.8
|
22.5
|
17.1
|
16.1
|
|
-82.5
|
-85.0
|
-80.0
|
-96.2
|
-138.1
|
-116.6
|
-94.1
|
|
64.4
|
67.9
|
62.3
|
81.1
|
115.5
|
99.7
|
75.5
|
|
68.0
|
68.8
|
65.7
|
87.7
|
121.9
|
94.1
|
92.6
|
|
|
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