Reporting of Government Deficits and Debt Levels

Transcription

1 Oct.2012 Reporting of Government Deficits and Debt Levels in accordance with Council Regulation (EC) N 479/2009, as amended and the Statements contained in the Council minutes of 22/11/1993 Set of reporting tables as endorsed by the CMFB on 06/08/2009. The information is to be provided in the cover page only DD/MM/YYYY Table 1: Reporting of government deficit/surplus and debt levels and provision of associated data. Tables 2A to 2D: Provision of the data which explain the transition between the national definitions of government balance and the deficit/surplus (EDP B.9) of each government sub-sector. Tables 3A to 3E: Provision of the data which explain the contributions of the government deficit/surplus and the other relevant factors to the variation in the government debt level, and the consolidation of debt (general government and general government subsectors). Table 4: Provision of other data in accordance with the statements contained in the Council minutes of 22/11/1993. Yellow and grey cells: compulsory detail; green cells: automatic compilation; blue cells: voluntary detail. Not applicable: M ; Not available: L For all "vertical and horizontal checks" cells is used "Comma Style" Format. Thus, cell which is equal to "0.00" (zero) is shown as "-". Also 1000 separator is used.

2 Table 1: Reporting of government deficit/surplus and debt levels and provision of associated data Data are in mill lei (millions of units of national currency) ESA codes final final final final planned Net borrowing (-)/ net lending (+) EDP B.9 General government S.13-29,242-45,146-35,747-31,979-16,999 - Central government S ,290-35,256-31,397-27,611-15,279 - State government S.1312 M M M M M - Local government S ,421-3, , Social security funds S ,077-3, final final final final planned General government consolidated gross debt Level at nominal value outstanding at end of year 69, , , , ,334 By category: Currency and deposits AF.2 3,066 2,358 4,677 6,398 Securities other than shares, exc. financial derivatives AF.33 28,410 60,205 82, ,512 Short-term AF.331 7,723 24,291 34,097 35,336 Long-term AF ,687 35,914 48,190 71,176 Loans AF.4 37,545 55,865 72,547 80,235 Short-term AF.41 1, ,548 Long-term AF.42 35,557 55,560 72,190 77,686 General government expenditure on: Gross fixed capital formation P.51 33,940 29,767 29,861 30,200 32,420 Interest (consolidated) EDP D.41 3,667 7,671 8,006 9,077 11,408 p.m.: Interest (consolidated) D.41 (uses) 3,667 7,671 8,006 9,077 11,408 Gross domestic product at current market prices B.1*g 514, , , , ,517 (1) Please indicate status of data: estimated, half-finalized, final.

3 Table 2A: Provision of the data which explain the transition between the public accounts budget balance and the central government deficit/surplus Data are in mill lei (millions of units of national currency) Working balance in central government accounts -19,735-35,428-36,081-26,401-18,579 Cash balance of state budget approved by Parliament. Basis of the working balance cash cash cash cash cash Financial transactions included in the working balance 2,362 2,937 3,690 3,179 4,323 Loans, granted (+) Loans granted by government Loans, repayments (-) Receipts from the reimbursment of loans to government Equities, acquisition (+) Equities, sales (-) Other financial transactions (+/-) 2,359 2,783 3,429 2,919 3,933 of which: transactions in debt liabilities (+/-) 2,109 2,603 3,038 2,669 3,702 Detail 1 2,109 2,603 3,038 2,669 3,702 Reimbursement of domestic and external credits of state budget and central gov capital injections Cash payment for compensation titles Non-financial transactions not included in the working balance Detail 1 Difference between interest paid (+) and accrued (EDP D.41)(-) Other accounts receivable (+) ,687 1, Detail , Receivables on taxes and social contributions State budget revenues from previous years Detail License UMTS Detail accrual on military equipment Detail , Expenditure made on behalf of EU Detail , F71 advances for fixed assets/supplier/debtor Other accounts payable (-) ,031-1,469 Detail Changes in due for payments of public institutions to other sectors , Court decision with retroactive effect Detail 3 M M M M -1,000 Investment projects for National Infrastructure Development Plan Working balance (+/-) of entities not part of central government Net borrowing (-) or net lending (+) of other central government bodies 9-2,411 1, Detail Risk Fund Risk Fund influence from guarantee (tab 9.3 questionaire) Detail 3 1, Public institutions partially or totally financed from own revenues Detail Treasury Budget with cupon sold Detail Privatisation bodies Detail 6-1,241-1, , CNADR (National Company of Road) Detail SCTMB Metrorex SA (Metrorex) Detail Administratia Fluviala a Dunarii de Jos Galati (River Administration of the Lower Danube Galati) Detail SNTFC CFR Calatori SA (National Society of Passenger Transport CFR Calatori SA) Detail CN a Huilei Petrosani SA (National Company of Coal Petrosani SA) Detail SN a Carbunelui Ploiesti (National Society of Coal Ploiesti) Detail CNRN Radionav SA Constanta (National Company of Naval Radio Communications SA Constanta) Detail M M Administratia Nationala Imbunatatiri Funciare SA (National Administration of Land Reclamation SA) Detail SC Interventii Feroviare SA ( Railway Intervention SA) Detail Own revenue institution Detail Fondul proprietatea (Property Fund) Detail SC Electrificarea SA (SC Electrification SA) Detail SC TERMOELECTRICA SA Detail , CN de Căi Ferate CFR SA (National Company of Railway CFR SA- Infrastructure) tratia Canalelor Navigabile Constanţa SA (National Company of Administration Navigable Channels Constanta tatea Nationala Aeroportul International Mihail Kogalniceanu (National Company Mihail Kogalniceanu Airport) SC CN Romarm SA Buc Filiala SC Uzina Mecanica Cugir SA SC Santierul Naval Mangalia SA (SC Shipyard Mangalia) Societatea Feroviara de Turism SFT CFR (Railway Society of Tourism SFT CFR) SC Uzina Mecanica Orastie (Mechanical Company Orastie) Societatea de Transport Maritim si de Coasta CFR Ferryboat SA SC Avioane Craiova SA (Aircraft Craiova SA) SC Petromin SA SC Constructii Aeronautice SA (Aeronautic Construction SA() Detail SC Sanevit 2003 SA Detail SC Uzina AutoMecanica SA Moreni (Auto Mechanics Company Moreni) Detail SC TEROM SA Detail SN Plafar SA Detail SC NICOLINA SA Other adjustments (+/-) (please detail ) -6, ,504-1, Detail 1-3, Compensation titles Property Fund Transfer from state budget to risk fund Detail Influence on repeteated called three times in line guarantee (table 9.3 of questionnaire) Detail Debt cancelation of external claims Detail Capital transfer related to debt to coved by central government from social security fund Detail Adjustments for capital increased (BERD, BEI, BDMN) Detail Compensation titles Dacia Detail 8-2, Non-financial expenditure financed from the external loans budget Detail Internal loans Detail Foreign aid managed by Ministry of Economy and Finance Detail Superdividends Property Fund D421 Detail D41 Guarantee Funds Detail Call guarantee from Guarantee Funds Detail Superdividends test Detail 15 M M M Other capital transfers -payments from companies to state budget Net borrowing (-)/lending(+) (EDP B.9) of central government (S.1311) -23,290-35,256-31,397-27,611-15,279 (ESA 95 accounts) (1) Please indicate accounting basis of the working balance: cash, accrual, mixed, other. Note: Member States can adapt tables 2A, B, C and D to their national specificity according to the established practice

4 Table 2B: Provision of the data which explain the transition between the working balance and the state government deficit/surplus Data are in...(millions of units of national currency) Working balance in state government accounts M M M M M Basis of the working balance (1) (1) (1) (1) Financial transactions included in the working balance M M M M M Loans (+/-) M M M M M Equities (+/-) M M M M M Other financial transactions (+/-) M M M M M of which: transactions in debt liabilities (+/-) M M M M M Detail 1 M M M M M M M M M M Non-financial transactions not included in the working balance M M M M M Detail 1 M M M M M M M M M M Difference between interest paid (+) and accrued (EDP D.41)(-) M M M M M Other accounts receivable (+) M M M M M Detail 1 M M M M M M M M M M Other accounts payable (-) M M M M M Detail 1 M M M M M M M M M M Working balance (+/-) of entities not part of state government M M M M M Net borrowing (-) or net lending (+) of other state government bodies M M M M M Detail 1 M M M M M M M M M M Other adjustments (+/-) (please detail ) M M M M M Detail 1 Detail 3 Net borrowing (-)/lending(+) (EDP B.9) of state government (S.1312) M M M M M (ESA 95 accounts) (1) Please indicate accounting basis of the working balance: cash, accrual, mixed, other. Note: Member States can adapt tables 2A, B, C and D to their national specificity according to the established practice

5 Table 2C: Provision of the data which explain the transition between the working balance and the local government deficit/surplus Data are in mill lei (millions of units of national currency) Working balance in local government accounts 1,419 1,452 2, Cash balance of local government budget Basis of the working balance cash cash cash cash cash Financial transactions included in the working balance Loans (+/-) Loans granted and loans repayed by local authorities (+/-) Equities (+/-) Privatisations revenue Other financial transactions (+/-) of which: transactions in debt liabilities (+/-) Detail Reimbursement of domestic and external credits Non-financial transactions not included in the working balance -3,142-2,209-2,164-1, Detail 1-3,142-2,209-2,164-1, expenditure financed from external and internal loans (includes refinacing of loans from Other adjustement de Difference between interest paid (+) and accrued (EDP D.41)(-) Other accounts receivable (+) Detail Receivables on taxes and social contributions Local budget revenues from previous years Detail F71 advances for fixed assets/supplier/debtor Other accounts payable (-) -1, , Detail 1-1, Changes in due for payments Amounts to be justified from advances received from EU funds Detail 3 M M M -3, Court decision with retroactive effect Working balance (+/-) of entities not part of local government Net borrowing (-) or net lending (+) of other local government bodies -2,898-1,623-1, Detail 1-2,516-1,478-1, anced institutions partially or totally from own revenues, revenues outside of local budget until year Airports Detail District Heating Units Detail Other local units Other adjustments (+/-) (please detail ) Detail Reimbursement of loans contracted for refinancing of local public debt Income tax, VAT Detail Influence from guarantees under call Net borrowing (-)/lending(+) (EDP B.9) of local government (S.1313) -5,421-3, , (ESA 95 accounts) (1) Please indicate accounting basis of the working balance: cash, accrual, mixed, other. Note: Member States can adapt tables 2A, B, C and D to their national specificity according to the established practice

6 Table 2D: Provision of the data which explain the transition between the working balance and the social security deficit/surplus Data are in mill lei (millions of units of national currency) Working balance in social security accounts 63-2,861-2, Cash balance of state social security budget, unemployment budget and health social insurance budget Basis of the working balance cash cash cash cash cash Financial transactions included in the working balance Loans (+/-) Loans granted and loans repayed by unemployment budget and social security Equities (+/-) Other financial transactions (+/-) of which: transactions in debt liabilities (+/-) Detail 1 Non-financial transactions not included in the working balance Detail Public institutions financed partially or totally from own revenue (from unemployment fund) starting with 2006 Difference between interest paid (+) and accrued (EDP D.41)(-) Other accounts receivable (+) Detail Receivables on social contributions Social security revenues from previous years Detail Expenditure made on behalf of EU Detail F71 claims from customers Other accounts payable (-) ,995-1,266-1, Detail ,995-1,266-1, Changes in due for payments M M M Court decision with retroactive effect Detail 3 M M M M Reimbursement of social contributions for pensioners Working balance (+/-) of entities not part of social security funds M M M M M Net borrowing (-) or net lending (+) of other social security bodies M M M M M Detail 1 Other adjustments (+/-) (please detail ) Detail 1 M Capital transfer related to debt to coved by central government from social security fund M M M Other capital transfers -payments from companies to social security budget Detail 3 Net borrowing (-)/lending(+) (EDP B.9) of social security (S.1314) ,077-3, (ESA 95 accounts) (1) Please indicate accounting basis of the working balance: cash, accrual, mixed, other. Note: Member States can adapt tables 2A, B, C and D to their national specificity according to the established practice

7 Table 3A: Provision of the data which explain the contributions of the deficit/surplus and the other relevant factors to the variation in the debt level (general government) Data are in mill lei (millions of units of national currency) Net borrowing(+)/lending(-)(edp B.9) of general government (S.13)* 29,242 45,146 35,747 31,979 Net acquisition (+) of financial assets (2) -7,124 7, ,885 Currency and deposits (F.2) -6,078 8,588-2,328 5,717 consolidated data for currency and deposits Securities other than shares (F.3) Loans (F.4) Increase (+) loans to financial corporations+credits on lending Reduction (-) reimbursement of loans to corporations and of credits on lending Short term loans (F.41), net Long-term loans (F.42) Increase (+) loans to financial corporations+credits on lending Reduction (-) reimbursement of loans to corporations and of credits on lending Shares and other equity (F.5) Portfolio investments, net (2) Shares and other equity other than portfolio investments Increase (+) ,219 Central Government capital injections; acquisitions in shares made by Property Fund Reduction (-) , receipts from privatization, sales of shares made by Property Fund for 2009, 2010 and 2011, superdividends Other financial assets (F.1, F.6 and F.7) ,646 2,013tributions+trade credits and advances+foreign claims+receivables concerning UE funds+debt cancellation+payments from comp Adjustments (2) -6,503-2,741 5,665-7,293 Net incurrence (-) of liabilities in financial derivatives (F.34) -1, ,105 1,108Compensation titles not yet converted into shares in Property Fund or for which compensation titles was not made in cash Net incurrence (-) of other liabilities (F.5, F.6 and F.7) -11,445-4,195 3,299-9,436nt+cash balance of EU grants-(compensation titles converted into shares in Fd Proprietatea or for which compensation titles was Issuances above(-)/below(+) nominal value 760 2,068 1,889 2,537 issuances above/below par regarding general government debt Difference between interest (EDP D.41) accrued(-) and paid (4) (+) ,019-1,983-2,304 data on general government debt of which: interest flows attributable to swaps and FRAs M M M M Redemptions of debt above(+)/below(-) nominal value M M M M Appreciation(+)/depreciation(-) (3) of foreign-currency debt (5) 5,279 2,477 1, epreciation of general government foreign currency debt due to depreciation/appreciation of national currency against other curre Changes in sector classification (K.12.1) (5) (+/-) Other volume changes in financial liabilities (K.7, K.8, K.10) (5) (-) Statistical discrepancies Difference between capital and financial accounts (B.9-B.9f) Other statistical discrepancies (+/-) Change in general government (S.13) consolidated gross debt (1, 2) 15,760 49,408 41,083 33,633 *Please note that the sign convention for net borrowing / net lending is different from tables 1 and 2. (1) A positive entry in this row means that nominal debt increases, a negative entry that nominal debt decreases. (4) Including capital uplift (2) Consolidated within general government. (5) AF.2, AF.33 and AF.4. At face value. (3) Due to exchange-rate movements.

8 Table 3B: Provision of the data which explain the contributions of the deficit/surplus and the other relevant factors to the variation in the debt level and the consolidation of debt (central government) Data are in mill lei (millions of units of national currency) Net borrowing(+)/lending(-)(edp B.9) of central government (S.1311)* 23,290 35,256 31,397 27,611 Net acquisition (+) of financial assets (2) -5,889 9, ,304 Currency and deposits (F.2) -5,953 9,157-2,280 5,565 currency and deposits of the whole subsector (including cash in vaults of Treasury) Securities other than shares (F.3) Loans (F.4) Increase (+) 1,754 1,009 1, loans to financial corporations engaged in lending (IFN)+credits on lending Reduction (-) reimbursement of loans to financial corporations engaged in lending and of credits on lending Short term loans (F.41), net Long-term loans (F.42) Increase (+) 1,754 1,009 1, loans to financial corporations engaged in lending (IFN)+credits on lending Reduction (-) reimbursement of loans to financial corporations engaged in lending and of credits on lending Shares and other equity (F.5) Portfolio investments, net (2) Shares and other equity other than portfolio investments Increase (+) ,219 Central Government capital injections; acquisitions in shares made by Property Fund Reduction (-) , receipts from privatization, sales of shares made by Property Fund for 2009, 2010 and 2011, superdividends Other financial assets (F.1, F.6 and F.7) ,791 1,588 contributions+trade credits and advances+foreign claims+receivables concerning UE funds+debt cancellation+payments from c Adjustments (2) -5, ,904-2,297 Net incurrence (-) of liabilities in financial derivatives (F.34) -1, ,105 1,108Compensation titles not yet converted into shares in Property Fund or for which compensation titles was not made in cash Net incurrence (-) of other liabilities (F.5, F.6 and F.7) -9, ,500-4,505nt+cash balance of EU grants-(compensation titles converted into shares in Fd Proprietatea or for which compensation titles was Issuances above(-)/below(+) nominal value 760 2,068 1,889 2,537 issuances above/below par regarding central government debt Difference between interest (EDP D.41) accrued(-) and paid (4) (+) -47-3,009-1,865-2,189 data on central government debt of which: interest flows attributable to swaps and FRAs M M M M Redemptions of debt above(+)/below(-) nominal value M M M M appreciation/depreciation of central government foreign currency debt due to depreciation/appreciation of national currency Appreciation(+)/depreciation(-) (3) of foreign-currency debt (5) 4,552 2,168 1, against other currency Changes in sector classification (K.12.1) (5) (+/-) 238 M M M Other volume changes in financial liabilities (K.7, K.8, K.10) (5) (-) M M M M Statistical discrepancies Difference between capital and financial accounts (B.9-B.9f) Other statistical discrepancies (+/-) Change in central government (S.1311) consolidated gross debt (1, 2) 12,086 45,395 38,874 33,481 Central government contribution to general government debt (a=b-c) (5) 59, , , ,064 Central government gross debt (level) (b) (2, 5) 69, , , ,626 Central government holdings of other subsectors debt (level) ( c) (5) 10,454 8,572 7,511 8,562 *Please note that the sign convention for net borrowing / net lending is different from tables 1 and 2. (1) A positive entry in this row means that nominal debt increases, a negative entry that nominal debt decreases. (4) Including capital uplift (2) Consolidated within central government. (5) AF.2, AF.33 and AF.4. At face value. (3) Due to exchange-rate movements.

9 Table 3C: Provision of the data which explain the contributions of the deficit/surplus and the other relevant factors to the variation in the debt level and the consolidation of debt (state government) Data are in...(millions of units of national currency) Net borrowing(+)/lending(-)(edp B.9) of state government (S.1312)* M M M M Net acquisition (+) of financial assets (2) M M M M Currency and deposits (F.2) M M M M Securities other than shares (F.3) M M M M Loans (F.4) M M M M Increase (+) M M M M Reduction (-) M M M M Short term loans (F.41), net M M M M Long-term loans (F.42) M M M M Increase (+) M M M M Reduction (-) M M M M Shares and other equity (F.5) M M M M Portfolio investments, net (2) M M M M Shares and other equity other than portfolio investments M M M M Increase (+) M M M M Reduction (-) M M M M Other financial assets (F.1, F.6 and F.7) M M M M Adjustments (2) M M M M Net incurrence (-) of liabilities in financial derivatives (F.34) M M M M Net incurrence (-) of other liabilities (F.5, F.6 and F.7) M M M M Issuances above(-)/below(+) nominal value M M M M Difference between interest (EDP D.41) accrued(-) and paid (4) (+) M M M M of which: interest flows attributable to swaps and FRAs M M M M Redemptions of debt above(+)/below(-) nominal value M M M M Appreciation(+)/depreciation(-) (3) of foreign-currency debt (5) M M M M Changes in sector classification (K.12.1) (5) (+/-) M M M M Other volume changes in financial liabilities (K.7, K.8, K.10) (5) (-) M M M M Statistical discrepancies M M M M Difference between capital and financial accounts (B.9-B.9f) M M M M Other statistical discrepancies (+/-) M M M M Change in state government (S.1312) consolidated gross debt (1, 2) M M M M State government contribution to general government debt (a=b-c) (5) M M M M State government gross debt (level) (b) (2, 5) M M M M State government holdings of other subsectors debt (level) (c) ( 5) M M M M *Please note that the sign convention for net borrowing / net lending is different from tables 1 and 2. (1) A positive entry in this row means that nominal debt increases, a negative entry that nominal debt decreases. (4) Including capital uplift (2) Consolidated within state government. (5) AF.2, AF.33 and AF.4. At face value. (3) Due to exchange-rate movements.

10 Table 3D: Provision of the data which explain the contributions of the deficit/surplus and the other relevant factors to the variation in the debt level and the consolidation of debt (local government) Data are in mill lei (millions of units of national currency) Net borrowing(+)/lending(-)(edp B.9) of local government (S.1313)* 5,421 3, ,463 Net acquisition (+) of financial assets (2) -1, ,069 Currency and deposits (F.2) -2, , currency and deposits held by State Treasury and by banks Securities other than shares (F.3) Loans (F.4) Increase (+) Reduction (-) loans granted by local government to corporation Short term loans (F.41), net Long-term loans (F.42) Increase (+) Reduction (-) loans granted by local government to corporation Shares and other equity (F.5) Portfolio investments, net (2) Shares and other equity other than portfolio investments Increase (+) Reduction (-) receipts from privatization Other financial assets (F.1, F.6 and F.7) accrual data on taxes and social contributions+trade credits and advances Adjustments (2) ,551 Net incurrence (-) of liabilities in financial derivatives (F.34) Net incurrence (-) of other liabilities (F.5, F.6 and F.7) -1,524-1, ,485 changes in due for payment Issuances above(-)/below(+) nominal value issuances above/below par regarding local government debt Difference between interest (EDP D.41) accrued(-) and paid (4) (+) data on local government debt of which: interest flows attributable to swaps and FRAs M M M M Redemptions of debt above(+)/below(-) nominal value M M M M Appreciation(+)/depreciation(-) (3) of foreign-currency debt (5) depreciation of local government foreign currency debt due to depreciation/appreciation of national currency against other curren Changes in sector classification (K.12.1) (5) (+/-) 18 M M M Other volume changes in financial liabilities (K.7, K.8, K.10) (5) (-) M M M M Statistical discrepancies Difference between capital and financial accounts (B.9-B.9f) Other statistical discrepancies (+/-) Change in local government (S.1313) consolidated gross debt (1, 2) 2,529 2,106 1,218 1,181 Local government contribution to general government debt (a=b-c) (5) 9,479 11,729 12,877 14,080 Local government gross debt (level) (b) (2, 5) 9,629 11,735 12,953 14,134 Local government holdings of other subsectors debt (level) (c) (5) *Please note that the sign convention for net borrowing / net lending is different from tables 1 and 2. (1) A positive entry in this row means that nominal debt increases, a negative entry that nominal debt decreases. (4) Including capital uplift (2) Consolidated within local government. (5) AF.2, AF.33 and AF.4. At face value. (3) Due to exchange-rate movements.

11 Table 3E: Provision of the data which explain the contributions of the deficit/surplus and the other relevant factors to the variation in the debt level and the consolidation of debt (social security funds) Data are in mill lei (millions of units of national currency) Net borrowing(+)/lending(-)(edp B.9) of social security funds (S.1314)* 532 6,077 3, Net acquisition (+) of financial assets (2) 1,123-2,727-2, Currency and deposits (F.2) 1,590-2,382-2, currency and deposits held by State Treasury and by banks Securities other than shares (F.3) Loans (F.4) Increase (+) Reduction (-) reimbursement of credit to social security funds Short term loans (F.41), net Long-term loans (F.42) Increase (+) Reduction (-) reimbursement of credit to social security funds Shares and other equity (F.5) Portfolio investments, net (2) Shares and other equity other than portfolio investments Increase (+) Reduction (-) Other financial assets (F.1, F.6 and F.7) trade credits and advances+accrual data on social contributions+payments from companies to social security funds Adjustments (2) ,995-1,266-1,488 Net incurrence (-) of liabilities in financial derivatives (F.34) Net incurrence (-) of other liabilities (F.5, F.6 and F.7) ,995-1,266-1,488 changes in due for payment Issuances above(-)/below(+) nominal value issuances above/below par regarding social security funds debt Difference between interest (EDP D.41) accrued(-) and paid (4) (+) data on social security funds debt of which: interest flows attributable to swaps and FRAs M M M M Redemptions of debt above(+)/below(-) nominal value M M M M Appreciation(+)/depreciation(-) (3) of foreign-currency debt (5) epreciation of social security funds foreign currency debt due to depreciation/appreciation of national currency against other curr Changes in sector classification (K.12.1) (5) (+/-) M M M M Other volume changes in financial liabilities (K.7, K.8, K.10) (5) (-) M M M M Statistical discrepancies Difference between capital and financial accounts (B.9-B.9f) Other statistical discrepancies (+/-) Change in social security (S.1314) consolidated gross debt (1, 2) 1, Social security contribution to general government debt (a=b-c) (5) Social security gross debt (level) (b) (2, 5) 2,274 2,714 2,963 2,963 Social security holdings of other subsectors debt (level) (c) (5) 2,152 2,714 2,963 2,963 *Please note that the sign convention for net borrowing / net lending is different from tables 1 and 2. (1) A positive entry in this row means that nominal debt increases, a negative entry that nominal debt decreases. (4) Including capital uplift (2) Consolidated within social security. (5) AF.2, AF.33 and AF.4. At face value. (3) Due to exchange-rate movements.

12 Table 4: Provision of other data in accordance with the statements contained in the Council minutes of 22/11/1993. Statement Number Data are in mill lei (millions of units of national currency) final final final half-finalized forecast 2 Trade credits and advances (AF.71 L) 12,937 18,039 16,441 18,204 L 3 Amount outstanding in the government debt from the financing of public undertakings Data: 4,594 4,556 4,720 4,521 L Institutional characteristics: 4 In case of substantial differences between the face value and the present value of government debt, please provide information on i) the extent of these differences: ii) the reasons for these differences: 10 Gross National Income at current market prices (B.5*g)(2) 499, , , , ,256 (1) Please indicate status of data: estimated, half-finalized, final. (2) Data to be provided in particular when GNI is substantially greater than GDP.