Balance of Payments BP/QO/10 New Zealand Balance of Payments Statistics Vessels and Aircraft Questionnaire Quarter Ended 30 September 2000 Please correct any errors in this label. Freephone 0800 809 464 for help and information or write to: In correspondence please quote this reference number Survey Help Desk Statistics New Zealand Freepost 10007 Private Bag 92003 Auckland or fax: 09 357-2195 or email: surveys@stats.govt.nz Return Date Please return the completed questionnaire, in the reply paid envelope provided, to Statistics New Zealand WITHIN 21 DAYS of receiving it. Purpose This survey provides information for New Zealand’s Balance of Payments Statistics, which are a record of New Zealand’s international economic transactions. Compulsory Requirement The Minister of Statistics has approved the taking of this survey. The return of this questionnaire duly filled in and signed, is a compulsory requirement under the Statistics Act 1975. Confidentiality of Information Only people authorised by the Statistics Act 1975 are allowed to see your individual information, and they must use it only for statistical purposes. Your information will be combined with similar information to prepare summary statistics. Dianne Macaskill Acting Government Statistician 2 Instructions: 1. Please keep track of the time it takes you to provide the information asked for in this questionnaire. Later, we ask for the time taken. BP/QO/10 Section 1 - Purchases Explanation: The aim of this section is to collect information on those purchases from overseas of vessels and aircraft which constitute imports, but which are not included in external trade statistics. Also, timing adjustments to the external trade statistics may be required in that the recording in external trade statistics (based on customs entries) is not necessarily equivalent to the change of ownership convention adopted for balance of payments statistics. Instructions: 1. Cost of delivery is only required for vessels and aircraft handed over in New Zealand. 2. Purchase price excludes delivery costs. Name of Vessel or Type of Aircraft Country of Purchase Purchase Price $NZ(000) Handed Over in NZ (Tick Column) Yes No Customs Entry Form Completed Cost of Delivery $NZ(000) Date of Change of Ownership Yes No Date Tick Column Customs Entry Number (eg AKS2000001) Sea/Air Port of Arrival 3 BP/QO/10 Section 2 - Sales Explanation: The aim of this section is to collect information on those sales to overseas of vessels and aircraft which constitute exports, but which are not included in external trade statistics. Also, timing adjustments to the external trade statistics may be required in that the recording in external trade statistics (based on customs entries) is not necessarily equivalent to the change of ownership convention adopted for balance of payments statistics. Instructions: 1. Cost of delivery is only required for vessels and aircraft handed over overseas. 2. Sale price excludes delivery costs. Name of Vessel or Type of Aircraft Purchasing Country Sale Price $NZ(000) Handed Over in NZ (Tick Column) Yes No Customs Entry Form Completed Cost of Delivery $NZ(000) Date of Change of Ownership Yes No Date Tick Column Customs Entry Number (eg AKS2000001) Sea/Air Port of Departure 4 BP/QO/10 Section 3 - Progress/Post Payments Explanation: A progress payment occurs when an importer makes an instalment payment to the supplier of a capital good before possession of the good is taken. Therefore, in balance of payments statistics, a progress payment from New Zealand represents an increase in overseas assets. A post payment occurs when an importer makes an instalment payment to the supplier of a capital good after possession of the good has been taken. Therefore, in balance of payments statistics, a post payment from New Zealand represents a decrease in overseas liabilities. Instructions: 1. Record all progress payments and post payments separately. Name of Vessel or Type of Aircraft Progress Payment $NZ(000) Post Payment $NZ(000) Country of Recipient (if Payment Made from NZ) Country of Remitter (if Payment Made to NZ) Date of Payment Instalments (eg Monthly etc.) Date of Expected Final Payment 5 6 Section 4 - Leasing Transactions The aim of this section is to collect information on financial and operational leases to and from overseas. The section is split into four tables. Table Table Table Table 4.1 4.2 4.3 4.4 - Financial Leasing from Overseas - Financial Leasing to Overseas - Operational Leasing from Overseas - Operational Leasing to Overseas Definitions The definitions below are from the New Zealand Society of Accountants’ SSAP-18 “Accounting for Leases and Hire Purchase Contracts”. Lease: an agreement whereby the lessor conveys to the lessee in return for rent, the right to use an asset for an agreed period of time. Finance lease: a lease that transfers substantially all the risks and rewards incident to ownership of an asset to the lessee. Title may or may not eventually be transferred. This definition of a finance lease includes contracts for the hire of assets which contain a provision transferring title to the asset upon the fulfilment of agreed conditions. Operating lease: a lease other than a finance lease. Inception of the lease: the earlier of the date of the lease agreement or of commitment by the parties to the principal provisions of the lease. Lease term: the non-cancellable period for which the lessee has contracted to lease the asset. Also to be included are any further terms for which the lessee has the option to continue to lease the asset, with or without further payment, when, at the inception of the lease, it is reasonably certain that the lessee will exercise the option. Instructions Please refer to these instructions when completing the four tables in this section. Territory where Vessel or Aircraft is operated a) If the vessel or aircraft is operated domestically, ie only in one country, please name the country. b) If the vessel or aircraft is operated internationally, please enter ‘International’. Date of Arrival/Departure Please complete this column at the beginning and the end of a lease. The date of arrival/departure is only required at the end of the lease if the vessel or aircraft is returned to the lessor. BP/QO/10 Table 4.1 - Financial Leasing FROM Overseas Please complete this table for all vessels and aircraft under financial lease, where your company is the lessee. Name of Vessel or Type of Aircraft under Financial Lease (1) Country of Lessor (2) Territory where Vessel or Aircraft is Operated (3) Lease Term (4) Date of Inception of Lease (5) Lease Payments during the Three Months $NZ(000) Interest Principal (6) (7) Date of Arrival/Departure (8) 7 BP/QO/10 Table 4.2 - Financial Leasing TO Overseas Please complete this table for all vessels and aircraft under financial lease, where your company is the lessor. Name of Vessel or Type of Aircraft under Financial Lease (1) Country of Lessee (2) Territory where Vessel or Aircraft is Operated (3) Lease Term (4) Date of Inception of Lease (5) Lease Receipts during the Three Months $NZ(000) Interest Principal (6) (7) Date of Arrival/Departure (8) 8 BP/QO/10 Table 4.3 - Operational Leasing FROM Overseas Please complete this table for all vessels and aircraft under operational lease, where your company is the lessee. Name of Vessel or Type of Aircraft under Operational Lease Country of Lessor Territory where Vessel or Aircraft is Operated (1) (2) (3) Lease Term Date of Inception of Lease Lease Payments during the Three Months $NZ(000) Date of Arrival/Departure (4) (5) (6) (7) 9 BP/QO/10 Table 4.4 - Operational Leasing TO Overseas Please complete this table for all vessels and aircraft under operational lease, where your company is the lessor. Name of Vessel or Type of Aircraft under Operational Lease Country of Lessee Territory where Vessel or Aircraft is Operated (1) (2) (3) Lease Term Date of Inception of Lease Lease Receipts during the Three Months $NZ(000) Date of Arrival/Departure (4) (5) (6) (7) 10 11 About how long did it take you to fill in this questionnaire? Count: time spent reading the instructions and notes, working on the questions and getting the information; and time spent by all employees in collecting and providing this information. • • hours : minutes Please make any comments that you have on this questionnaire or that would clarify any of the information that you have given. Thank you your time and effort. Details of the person supplying thefor information: Name (please print) Position (eg manager, accountant) Telephone number Area Code ( ) Fax ( ) Signature and date Signature Email address Thank you for your time and effort Day Month Year