1384.6 - Statistics - Tasmania, 2005  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 13/09/2002   
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The net assets of the Tasmanian State public financial corporations sector are shown in shares and other contributed capital, leaving net worth as zero. These net assets are then shown as equity assets of the parent general government sector, and therefore reflected in the net worth of general government.

STATE PUBLIC FINANCIAL CORPORATIONS BALANCE SHEET, Tasmania

1998-99
1999-2000
2000-01

Purpose
$m
$m
$m

Assets
Financial Assets
Cash and Deposits
74
195
1
Investments, loans and placements
4,817
5,060
5,288
Other non-equity assets
160
147
94
Equity
81
69
71
Total
5,133
5,471
5,454

Non-financial assets
Land and fixed assets
57
53
52
Other non-financial assets
0
0
0
Total
57
53
52

Total
5,190
5,525
5,506

Liabilities
Deposits held
585
812
993
Advances received
-
-
-
Borrowing
3,963
4,043
3,773
Unfunded superannuation and other employee entitlements
2
2
2
Other provisions
444
483
521
Other non-equity liabilities
130
119
148
Total
5,125
5,459
5,437

Shares and other contributed capital
65
67
68

GFS Net Worth
-
-
-

Net Debt
-343
-400
-522

Net financial worth
-57
-54
-52

- nil or rounded to zero

Source: Government Finance Statistics, Australia (Cat. no. 5512.0) and ABS data available on request, Government Finance Statistics Collection.



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