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5512.0 - Government Finance Statistics, Australia, 2012-13 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 18/06/2014   
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BALANCE SHEET RESULTS, 2012–13


GFS net worth reflects the contribution of governments to the wealth of Australia. The consolidated net worth as at 30 June 2013 for All Levels of Government was $836,896m.

The following table presents 30 June 2013 balance sheet aggregates by sector for the various levels of government.

Balance Sheet Results, At 30 June 2013

General Government
Non-financial Public Sector
Total Public Sector(a)
at 30 June 2013
at 30 June 2013
at 30 June 2013
$m
$m
$m

All Levels of Government
Total assets
1 747 879
1 881 613
2 068 694
Total liabilities
910 982
1 043 113
1 231 798
Shares and other contributed capital
1 603
GFS Net worth
836 896
836 896
836 896
Commonwealth Government
Total assets
371 458
377 723
471 311
Total liabilities
570 744
577 009
670 597
Shares and other contributed capital
GFS Net worth
–199 287
–199 287
–199 287
State and Local Government
Total assets
1 330 673
1 458 989
1 558 357
Total liabilities
337 034
463 747
564 718
Shares and other contributed capital
1 603
GFS Net worth
993 639
993 639
993 639
Multi-jurisdictional(b)
Total assets
59 120
61 470
61 470
Total liabilities
16 576
17 223
17 223
Shares and other contributed capital
1 703
1 703
GFS Net worth
42 544
42 544
42 544

– 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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