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5512.0 - Government Finance Statistics, Australia, 2008-09 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 27/04/2010   
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BALANCE SHEET RESULTS


GFS net worth reflects the contribution of governments to the wealth of Australia. The consolidated net worth as at 30 June 2009 for all levels of government was $938,646 million.

The following table presents 30 June 2009 balance sheet aggregates by sector for the various levels of government.

Balance Sheet Results - At 30 June 2009

General Government
Non-financial Public Sector
Total Public Sector(a)
2008-09
2008-09
2008-09
$m
$m
$m

All Levels of Government
Total assets
1 448 196
1 555 140
1 720 057
Total liabilities
509 551
616 166
781 083
Shares and other contributed capital
-
329
329
GFS Net worth
938 645
938 645
938 646
Commonwealth Government
Total assets
324 226
327 667
416 751
Total liabilities
292 119
295 559
384 643
Shares and other contributed capital
-
-
-
GFS Net worth
32 107
32 107
32 107
State and Local Government
Total assets
1 085 776
1 188 806
1 270 180
Total liabilities
211 826
314 527
395 901
GFS Net worth
873 950
873 950
873 950
Multi-jurisdictional(b)
Total assets
46 250
48 638
48 638
Total liabilities
13 662
14 508
14 508
GFS Net worth
32 588
32 588
32 588

- nil or rounded to zero (including null cells)
(a) The Total Public Sector comprises General Government, Public Non-Financial Corporations and Public Financial Corporations. The sum of individual levels of government or sectors may not agree with The Total Public Sector figures due to transfers between level of government.
(b) The multi-jurisdictional sector contains units where jurisdiction is shared between two or more governments, or classification of a unit to a jurisdiction is otherwise unclear. The main types of units currently falling into this category are the public universities.



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