Investor Presentaiton
(3) Results of Trial Calculations
Medium-term Fiscal Outlook
Cate-
gory
FY2008
FY2009
FY2010
FY2011
(Units: 100 million yen)
FY2012
Current Account Ratio
93.0%
93.7%
92.2%
91.3%
90.7%
Bond Issuance
8.6%
9.2%
9.7%
10.0%
9.9%
Restriction Ratio
Real Debt
11.9%
13.0%
13.7%
13.7%
12.7%
Payment Ratio Note 1
Case 1
Prefectural Bond Balance
18,910
18,513
18,055
17,596
17,102
(Ordinary Bonds)
(incl. Extraordinary
(21,983)
(21,904)
(21,352)
(20,785)
(20,174)
Fiscal Measure Bonds)
(Ordinary Bonds +
Bonds for PFI) Note 2
(19,030)
(18,629)
(18,165)
(17,701)
(17,201)
Shortfall in
-336
-355
-201
-109
-63
Sources of Funds
Current Account Ratio
93.0%
93.7%
93.3%
93.5%
94.0%
Bond Issuance
8.6%
9.2%
9.8%
10.2%
10.2%
Restriction Ratio
Real Debt
11.9%
13.0%
13.7%
13.8%
13.0%
Payment Ratio Note 1.
Case 2
Prefectural Bond Balance
18,910
18,513
18,055
17,596
17,102
(Ordinary Bonds)
(incl. Extraordinary
(21,983)
(21,904)
(21,352)
(20,785)
(20,174)
Fiscal Measure Bonds)
(Ordinary Bonds +
Bonds for PFI) Note 2
(19,030)
(18,629)
(18,165)
(17,701)
(17,201)
Shortfall in
-336
-359
-288
-283
-319
Sources of Funds
(Notes) 1. Under the Local Bond Discussion System, authorization required for bond issuances when the real debt payment ratio is 18% or higher.
2. Extraordinary Fiscal Measure Bonds are considered to be "local allocation tax in effect" and are excluded from Prefectural Bond Balance.
3. PFI obligations analogous to bond expenses.
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