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What is the total value in New Zealand dollars of the Cook Strait ferry build contracts denominated in United States dollars, and what proportion of that exposure is covered by the forward foreign exchange contracts with a notional amount of USD $197.3 million disclosed in Ferry Holdings Limited's Statement of Performance Expectations 2026/27?

Answered Question 33685 (2026)
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Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • What is the total value in New Zealand dollars of the Cook Strait ferry build contracts denominated in United States dollars, and what proportion of that exposure is covered by the forward foreign exchange contracts with a notional amount of USD $197.3 million disclosed in Ferry Holdings Limited's Statement of Performance Expectations 2026/27?

Answered by

Rt Hon Winston Peters

List MP · NZ First · Minister for Rail

Answer

This information has not been disclosed.