INTERNATIONAL INVESTMENT POSITION: EXTERNAL ASSETS AND LIABILITIES AT END OF MARCH

UNITS:Crore REPORTING CURRENCY: INR

Period

2002 PR

2003 PR

2004PR

2005P

INR

8995.Z

International Investment Position, net

-337,285.65

-287,401.72

-210,885.12

-178,929.57

8995CZ

A. Assets

359,249.23

454,138.42

595,102.61

740,497.48

8505.Z

1. Direct Investment Abroad

19,550.99

27,696.62

30,756.23

41,866.31

8506..

1.1 Equity Capital and Reinvested Earnings

18,600.12

26,275.74

29,110.32

38,541.59

8507..

1.1.1 Claims on Affiliated Enterprises

18,600.12

26,275.74

29,110.32

38,541.59

8508..

1.1.2 Liabilities to Affiliated Enterprises (-)

8530..

1.2 Other Capital

950.87

1,420.88

1,645.91

3,324.72

8535..

1.2.1 Claims on Affiliated Enterprises

950.87

1,420.88

1,645.91

3,324.72

8540..

1.2.2 Liabilities to Affiliated Enterprises (-)

8602.Z

2. Portfolio Investment

3,188.16

3,719.19

3,290.44

3,524.70

8610..

2.1 Equity Securities

1,654.33

1,778.19

1,720.44

1,732.70

8611..

2.1.1 Monetary Authorities

8612..

2.2.2 General Government

8613..

2.2.3 Banks

470.00

433.00

650.00

926.00

8614..

2.2.4 Other Sectors $

1,184.33

1,345.19

1,070.44

806.70

8619..

2.2 Debt Securities

1,533.83

1,941.00

1,570.00

1,792.00

8620..

2.2.1 Bonds and Notes

1,148.83

1,551.00

1,218.00

1,612.00

8621..

2.2.1.1 Monetary Authorities

8622..

2.2.1.2 General Government

8623..

2.2.1.3 Banks

567.00

637.00

506.00

799.00

8624..

2.2.1.4 Other Sectors $

581.83

914.00

712.00

813.00

8630..

2.2.2 Money-market Instruments

385.00

390.00

352.00

180.00

8631..

2.2.2.1 Monetary Authorities

8632..

2.2.2.2 General Government

8633..

2.2.2.3 Banks

385.00

390.00

352.00

180.00

8634..

2.2.2.4 Other Sectors

8900.Z

3. Financial Derivatives

8901..

3.1 Monetary Authorities

8902..

3.2 General government

8903..

3.3 Banks

8904..

3.4 Other sectors

8703.Z

4. Other Investment

69,496.08

61.252.61

70,926.94

75,990.47

8706..

4.1 Trade Credits

3,672.64

5,214.36

8,239.35

17,219.78

8707..

4.1.1 General Government

8708..

4.1.1.1 Long-term

8709..

4.1.1.2 Short-term

8710..

4.1.2 Other Sectors

3,672.64

5,214.36

8,239.35

17,219.78

8711..

4.1.2.1 Long-term

8712..

4.1.2.2 Short-term

3,672.64

5,214.36

8,239.35

17,219.78

8714..

4.2 Loans

10,746.61

6,711.61

7,573.22

8,058.20

8715..

4.2.1 Monetary Authorities

8717..

4.2.1.1 Long-term

8718..

4.2.1.2 Short-term

8719..

4.2.2 General Government

1,797.00

2,509.00

3,003.30

3,469.43

8720..

4.2.2.1 Long-term

1,797.00

2,509.00

3,003.30

3,469.43

8721..

4.2.2.2 Short-term

8722..

4.2.3 Banks

7,819.53

3,145.93

3,476.92

3,458.77

8723..

4.2.3.1 Long-term

7,819.53

3,145.93

3,476.92

3,458.77

8724..

4.2.3.2 Short-term

8725..

4.2.4 Other Sectors

1,130.08

1,056.68

1,093.00

1,130.00

8726..

4.2.4.1 Long-term $

1,130.08

1,056.68

1,093.00

1,130.00

8727..

4.2.4.2 Short-term

8730..

4.3 Currency and Deposits

42,710.26

35,741.67

41,481.83

36,331.56

8731..

4.3.1 Monetary Authorities

8732..

4.3.2 General Government

28.21

20.93

22.72

16.28

8733..

4.3.3 Banks

39,306.85

32,432.34

38,205.11

33,044.08

8734..

4.3.4 Other Sectors $

3,375.20

3,288.40

3,254.00

3,271.20

8736..

4.4 Other Assets

12,366.57

13,584.97

13,632.54

14,380.93

8737..

4.4.1 Monetary Authorities

8738..

4.4.1.1 Long-term

8739..

4.4.1.2 Short-term

8740..

4.4.2 General Government

3,351.78

3,303.66

3,112.57

3,178.45

8741..

4.4.2.1 Long-term

3,351.78

3,303.66

3,112.57

3,178.45

8742..

4.4.2.2 Short-term

8743..

4.4.3 Banks

5,509.79

6,525.31

6,514.97

7,321.48

8744..

4.4.3.1 Long-term

5,509.79

6,525.31

6,514.97

7,321.48

8745..

4.4.3.2 Short-term

8746..

4.4.4 Other Sectors

3,505.00

3,756.00

4,005.00

3,881.00

8747..

4.4.4.1 Long-term $

3,505.00

3,756.00

4,005.00

3,881.00

8748..

4.4.4.2 Short-term

8802.Z

5. Reserve Assets

267,014.00

361,470.00

490,129.00

619,116.00

8812..

5.1 Monetary Gold

14,869.00

16,785.00

18,216.00

19,686.00

8811..

5.2 Special Drawing Rights

50.00

19.00

10.00

20.00

8810..

5.3 Reserve Position in the Fund

2,976.00

3,190.00

5,688.00

6,289.00

8803..

5.4 Foreign Exchange

249,119.00

341,476.00

466,215.00

593,121.00

8808..

5.4.1 Currency and Deposits

180,921.00

213,563.00

314,246.00

432,038.00

8808A.

5.4.1.1 With Monetary Authorities

150,929.00

158,948.00

199,059.00

284,930.00

8808B.

5.4.1.2 With Banks

29,992.00

54,615.00

115,187.00

147,108.00

8806..

5.4.2 Securities

68,198.00

127,913.00

151,969.00

161,083.00

8806S.

5.4.2.1 Equities

8806T.

5.4.2.2 Bonds and Notes

8806U.

5.4.2.3 Money-market Instruments

8814A.

5.4.3 Financial Derivatives (net)

8813..

5.5 Other Claims

2002 PR

2003 PR

2004PR

2005P

8995DZ

B. Liabilities

696,534.88

741,540.14

805,987.73

919,427.05

8555.Z

1. Direct Investment in Reporting economy

124,043.60

148,440.60

169,887.60

194,756.60

8556..

1.1 Equity Capital and Reinvested Earnings $$

115,908.60

138,189.60

157,398.60

180,670.60

8557..

1.1.1 Claims on Direct Investors (-)

8558..

1.1.2 Liabilities to Direct Investors

115,908.60

138,189.60

157,398.60

180,670.60

8580..

1.2 Other Capital

8,135.00

10,251.00

12,489.00

14,086.00

8585..

1.2.1 Claims on Direct Investors (-)

8590..

1.2.2 Liabilities to Direct Investors $$$

8,135.00

10,251.00

12,489.00

14,086.00

8652.Z

2. Portfolio Investment

153,915.17

154,085.60

189,955.82

242,699.22

8660..

2.1 Equity Securities

90,833.00

95,508.00

147,510.00

187,131.00

8663..

2.1.1 Banks @@

0.00

0.00

0.00

0.00

8664..

2.1.2 Other Sectors $$

90,833.00

95,508.00

147,510.00

187,131.00

8669..

2.2 Debt securities

63,082.17

58,577.60

42,445.82

55,568.22

8670..

2.2.1 Bonds and notes

63,082.17

58,577.60

42,445.82

55,568.22

8671..

2.2.1.1 Monetary Authorities

8672..

2.2.1.2 General Government

824.17

881.60

829.82

693.22

8673..

2.2.1.3 Banks #

48,589.00

46,109.00

24,329.00

24,485.00

8674..

2.2.1.4 Other Sectors ##

13,669.00

11,587.00

17,287.00

30,390.00

8680..

2.2.2 Money-market Instruments

0.00

0.00

0.00

0.00

8681..

2.2.2.1 Monetary Authorities

8682..

2.2.2.2 General Government

0.00

0.00

0.00

0.00

8683..

2.2.2.3 Banks

8684..

2.2.2.4 Other Sectors

8905.Z

3. Financial Derivatives

8906..

3.1 Monetary Authorities

8907..

3.2 General Government

8908..

3.3 Banks

8909..

3.4 Other Sectors

8753.Z

4. Other Investment

418,576.11

439,013.94

446,144.31

481,971.23

8756..

4.1 Trade Credits

18,635.00

22,626.00

27,408.00

41,831.00

8757..

4.1.1 General Government

4,819.00

5,190.00

5,021.00

4,949.00

8758..

4.1.1.1 Long-term

4,819.00

5,190.00

5,021.00

4,949.00

8759..

4.1.1.2 Short-term

8760..

4.1.2 Other Sectors

13,816.00

17,436.00

22,387.00

36,882.00

8761..

4.1.2.1 Long-term

5,144.00

5,051.00

4,457.00

3,960.00

8762..

4.1.2.2 Short-term*

8,672.00

12,385.00

17,930.00

32,922.00

8764..

4.2 Loans

306,113.00

290,540.00

274,822.00

288,232.00

8765..

4.2.1 Monetary Authorities

0.00

0.00

0.00

0.00

8766..

4.2.1.1 Use of Fund Credit & loans from the fund

0.00

0.00

0.00

0.00

8767..

4.2.1.2 Other Long-term

8768..

4.2.1.3 Short-term

8769..

4.2.2 General Government

209,169.00

203,360.00

190,054.00

194,750.00

8770..

4.2.2.1 Long-term

209,169.00

203,360.00

190,054.00

194,750.00

8771..

4.2.2.2 Short-term

8772..

4.2.3 Banks

10,051.00

9,610.00

9,065.00

8,470.00

8773..

4.2.3.1 Long-term

10,051.00

9,610.00

9,065.00

8,470.00

8774..

4.2.3.2 Short-term

8775..

4.2.4 Other Sectors

86,893.00

77,570.00

75,703.00

85,012.00

8776..

4.2.4.1 Long-term**

86,893.00

77,570.00

75,703.00

85,012.00

8777..

4.2.4.2 Short-term

8780..

4.3 Currency and Deposits

90,321.88

121,463.68

139,810.79

146,566.02

8781..

4.3.1 Monetary Authorities

1,885.88

2,122.68

2,871.79

3,929.02

8782..

4.3.2 General government

8783..

4.3.3 Banks @

88,436.00

119,341.00

136,939.00

142,637.00

8784..

4.3.4 Other sectors

8786..

4.4 Other Liabilities

3,506.23

4,384.26

4,103.52

5,342.21

8787..

4.4.1 Monetary Authorities

0.00

0.00

8788..

4.4.1.1 Long-term

8789..

4.4.1.2 Short-term

8790..

4.4.2 General Government

0.00

0.00

8791..

4.4.2.1 Long-term

8792..

4.4.2.2 Short-term

8793..

4.4.3 Banks

74.23

107.26

66.52

718.21

8794..

4.4.3.1 Long-term

8795..

4.4.3.2 Short-term

74.23

107.26

66.52

718.21

8796..

4.4.4 Other sectors

3,432.00

4,277.00

4,037.00

4,624.00

8797..

4.4.4.1 Long-term

8798..

4.4.4.2 Short-term $

3,432.00

4,277.00

4,037.00

4,624.00

PR : Data are Partially Revised.

P : Data as on End-March 2005 are Provisional.

$ : Based on survey on Foreign Liabilities & Assets

$$ : Foreign Direct Investment (FDI) & Portfolio Investment are not adjusted for price changes.

$$$ : All liabilities (other than equity) between direct investor & direct investment enterprises are treated as other capital.

# :India Millennium Deposits etc.

@ : Include accrued interest; also includes the flow of the discontinued NRNR rupee deposit

* : Suppliers Credit upto 180 days are not included.

** :Includes Buyers' Credit. Loan transactions between direct investor & direct investment enterprises are treated as other capital.

## : Include Foreign Currency Convertible Bonds.

@@: Equity Investments in Banks by Non-residents included under FDI.