Skip to main content

Does the $5.733 million concessionary loan receivable discount recognised by Ferry Holdings Limited across the periods ending 30 June 2026 and 30 June 2027 count against the $1.7 billion Cook Strait Ferry Replacement Programme funding envelope?

Answered Question 33723 (2026)
Question published
Reply lodged
Bookmark

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • Does the $5.733 million concessionary loan receivable discount recognised by Ferry Holdings Limited across the periods ending 30 June 2026 and 30 June 2027 count against the $1.7 billion Cook Strait Ferry Replacement Programme funding envelope?

Answered by

Rt Hon Winston Peters

List MP · NZ First · Minister for Rail

Answer

No. Refer to the explanatory note “l” in the Statement of Performance Expectations: “Any impairment losses are recognised in surplus or deficit.”