{"id":2645,"date":"2018-07-23T01:51:15","date_gmt":"2018-07-23T01:51:15","guid":{"rendered":"http:\/\/asadkarim.co.uk\/?p=2645"},"modified":"2018-07-05T07:52:19","modified_gmt":"2018-07-05T07:52:19","slug":"the-national-grid-debt","status":"publish","type":"post","link":"https:\/\/www.asadkarim.co.uk\/?p=2645","title":{"rendered":"The National Grid Debt"},"content":{"rendered":"<p>The UK&#8217;s National Grid is the power transmission company of the United Kingdom.<\/p>\n<p><a href=\"http:\/\/www.nationalgrid.com\" target=\"_blank\">www.nationalgrid.com<\/a><\/p>\n<p>It carries a lot of debt to fund its operations.<\/p>\n<p><a href=\"http:\/\/investors.nationalgrid.com\/~\/media\/Files\/N\/National-Grid-IR-V2\/results-centre\/2018\/full-year-results-statement-2017-18.pdf\" target=\"_blank\">http:\/\/investors.nationalgrid.com\/~\/media\/Files\/N\/National-Grid-IR-V2\/results-centre\/2018\/full-year-results-statement-2017-18.pdf<\/a><\/p>\n<p>The current outstanding debt is \u00a323.0 billion (2017: \u00a319.3 billion).<\/p>\n<p><a href=\"http:\/\/asadkarim.co.uk\/wp-content\/uploads\/2018\/07\/Copy-of-Debt-Maturity-Profile-31-Mar-18.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-2644\" src=\"http:\/\/asadkarim.co.uk\/wp-content\/uploads\/2018\/07\/Copy-of-Debt-Maturity-Profile-31-Mar-18-300x114.jpg\" alt=\"CopyofDebtMaturityProfile31Mar18\" width=\"300\" height=\"114\" srcset=\"https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2018\/07\/Copy-of-Debt-Maturity-Profile-31-Mar-18-300x114.jpg 300w, https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2018\/07\/Copy-of-Debt-Maturity-Profile-31-Mar-18-624x237.jpg 624w, https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2018\/07\/Copy-of-Debt-Maturity-Profile-31-Mar-18.jpg 1015w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>The interest payments on the debt (statutory net finance costs) were \u00a3745 million.<br \/>\nThe effective interest rate on Treasury managed debt for the year was 4.6%<\/p>\n<p>However, one has to note, that cash generated from continuing operations was \u00a34,702 million, (\u00a34.7 Billion)<\/p>\n<p><a href=\"http:\/\/www.shareshop.hsbc.co.uk\/shareshop\/security.cgi?csi=51261\" target=\"_blank\">http:\/\/www.shareshop.hsbc.co.uk\/shareshop\/security.cgi?csi=51261<\/a><\/p>\n<p>A yield of 5%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The UK&#8217;s National Grid is the power transmission company of the United Kingdom. www.nationalgrid.com It carries a lot of debt to fund its operations. http:\/\/investors.nationalgrid.com\/~\/media\/Files\/N\/National-Grid-IR-V2\/results-centre\/2018\/full-year-results-statement-2017-18.pdf The current outstanding debt is \u00a323.0 billion (2017: \u00a319.3 billion). The interest payments on the debt (statutory net finance costs) were \u00a3745 million. The effective interest rate on Treasury managed [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2645","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/2645","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2645"}],"version-history":[{"count":1,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/2645\/revisions"}],"predecessor-version":[{"id":2646,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/2645\/revisions\/2646"}],"wp:attachment":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2645"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}