Australian Bureau of Statistics

Rate the ABS website
ABS Home > Statistics > By Release Date
ABS @ Facebook ABS @ Twitter ABS RSS ABS Email notification service
1301.0 - Year Book Australia, 2005  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 21/01/2005   
   Page tools: Print Print Page RSS Feed RSS Bookmark and Share Search this Product  
Contents >> Government finance >> Total public sector, all levels of government combined

This section sets out the Operating Statement, Cash Flow Statement and Balance Sheet for the total public sector for all levels of government.

Operating Statement

Table 27.1 shows the GFS NOB for the total public sector for levels of all government combined was $12,736m in 2002-03. GFS Net Lending was $7,100m.


27.1 ALL LEVELS OF GOVERNMENT, Total public sector: Operating Statement - 2002-03

Commonwealth
Multi-
jurisdictional(a)
State
Local
All levels of
government(b)
$m
$m
$m
$m
$m

GFS Revenue
227,713
12,036
142,256
19,124
336,296
less
GFS Expenses
220,606
11,630
137,795
17,565
323,560
equals
Net Operating Balance
7,107
406
4,461
1,559
12,736
less
Net acquisition of non-financial assets
-743
120
5,245
1,020
5,636
equals
GFS Net Lending(+)/Borrowing(-)
7,850
286
-784
540
7,100

(a) The multi-jurisdictional sector contains units where jurisdiction is shared between two or more governments, or classifications of a unit to a jurisdiction is otherwise unclear. The main type of units currently falling into this category are the public universities.
(b) The sums of individual levels of government may not agree with total figures for all levels of government due to transfers between levels of government.

Source: Government Finance Statistics, Australia, 2002-03 (5512.0).


Cash Flow Statement

Table 27.2 shows the total public sector surplus for all levels of government combined was $11,464m in 2002-03. The main contributors to this result were net cash flows from operating activities of $37,845 and a net cash payment of $24,284m for investments in non-financial assets.


27.2 ALL LEVELS OF GOVERNMENT, Total public sector: Cash Flow Statement - 2002-03

Commonwealth
Multi-
jurisdictional(a)
State
Local
All levels of government(b)
$m
$m
$m
$m
$m

CASH FLOW STATEMENT

Cash receipts from operating activities
224,559
11,971
147,989
17,970
333,694
Cash payments for operating activities
-210,393
-10,638
-128,346
-14,103
-295,792
Net cash flows from operating activities
14,166
1,333
19,643
3,867
37,845
Net cash flows from investments in non-financial assets
-4,565
-930
-14,954
-3,898
-24,284
Net cash flows from investments in financial assets for policy purposes
-465
10
18,062
18
17,493
Net cash flows from investments in financial assets for liquidity purposes
-1,946
-65
-4,687
25
-5,696
Net cash flows from financing activities
-6,958
-315
-14,220
-503
-21,755
Net Increase(+)/Decrease(-) in Cash Held
232
32
3,844
-491
3,604

SURPLUS(+)/DEFICIT(-)

Surplus(+)/Deficit(-)
7,932
403
4,261
-32
11,464

(a) The multi-jurisdictional sector contains units where jurisdiction is shared between two or more governments, or classifications of a unit to a jurisdiction is otherwise unclear. The main type of units currently falling into this category are the public universities.
(b) The sums of individual levels of government may not agree with total figures for all levels of government due to transfers between levels of government.
Note: Negative figures denote outflows.


Source: Government Finance Statistics, Australia, 2002-03 (5512.0).


Balance Sheet

GFS Net Worth reflects the contribution of governments to the wealth of Australia. Table 27.3 shows the consolidated net worth at 30 June 2003 for the total public sector for all levels of government combined was $402,279m.


27.3 ALL LEVELS OF GOVERNMENT, Total public sector: Balance Sheet - 30 June 2003

Commonwealth
Multi-
jurisdictional(a)
State
Local
All levels of
government(b)
$m
$m
$m
$m
$m

Assets
Financial assets
136,163
8,841
115,885
9,920
255,051
Non-financial assets
63,692
21,643
418,821
158,676
662,821
Total
199,855
30,484
534,706
168,596
917,872
Liabilities
260,356
6,987
225,327
9,395
486,334
Shares and other contributed capital
28,445
816
-
38
29,259
GFS Net Worth
-88,945
22,681
309,381
159,162
402,279
Net debt(c)
25,277
-3,849
9,382
-2,459
28,351
Net financial worth(d)
-152,637
1,038
-109,440
486
-260,542

(a) The multi-jurisdictional sector contains units where jurisdiction is shared between two or more governments, or classifications of a unit to a jurisdiction is otherwise unclear. The main type of units currently falling into this category are the public universities.
(b) The sums of individual levels of government may not agree with total figures for all levels of government due to assets and liabilities held between levels of government.
(c) Equals deposits held, advances received, Reserve Bank notes on issue and borrowing less cash and deposits, advances paid, and investments, loans and placements.
(d) Equals total financial assets less total liabilities less shares and other contributed capital. While Net financial worth should add across levels of government, small discrepancies may remain due to the difficulties in accurately identifying the parties and counter-parties associated with financial assets and liabilities.

Source: Government Finance Statistics, Australia, 2002-03 (5512.0).


Previous PageNext Page

Bookmark and Share. Opens in a new window


Commonwealth of Australia 2014

Unless otherwise noted, content on this website is licensed under a Creative Commons Attribution 2.5 Australia Licence together with any terms, conditions and exclusions as set out in the website Copyright notice. For permission to do anything beyond the scope of this licence and copyright terms contact us.