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1301.0 - Year Book Australia, 2003  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 24/01/2003   
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Contents >> Government Finance >> Total public sector, all Australian governments combined

This section sets out the Operating Statement, Cash Flow Statement and Balance Sheet for the total public sector for all Australian governments combined.

Operating Statement

As table 27.1 shows, in 2000-01 the GFS NOB for the total public sector for all Australian governments combined was $10,983m and GFS Net Lending was $6,496m.


27.1 ALL AUSTRALIAN GOVERNMENTS, Total public sector: Operating Statement - 2000-01

Commonwealth
Multi-jurisdictional(a)
State
Local
All Australian governments(b)
$m
$m
$m
$m
$m

GFS Revenue
209,998
9,683
130,879
16,930
310,671
less
GFS Expenses
203,002
9,330
127,757
15,724
299,688
equals
Net Operating Balance
6,996
353
3,122
1,206
10,983
less
Net acquisition of non-financial assets
-143
326
3,247
1,026
4,487
equals
GFS Net Lending(+)/Borrowing(-)
7,140
27
-125
180
6,496

(a) The multi-jurisdictional sector currently contains only universities.
(b) The sums of individual levels of government may not agree with total figures for all Australian governments due to transfers between levels of government.

Source: Government Finance Statistics, Australia, 2000-01 (5512.0).


Cash Flow Statement

As shown in table 27.2, in 2000-01 the total public sector surplus for all Australian governments combined was $10,132m. The main contributors to this result were net cash inflows from operating activities of $31,774m being partly offset by net cash outflows from investments in non-financial assets of $20,410m.


27.2 ALL AUSTRALIAN GOVERNMENTS, Total public sector: Cash Flow Statement - 2000-01

Commonwealth
Multi-
jurisdictional(a)
State
Local
All Australian governments(b)
$m
$m
$m
$m
$m

CASH FLOW STATEMENT

Cash receipts from operating activities
206,523
9,569
131,632
16,309
302,105
Cash payments for operating activities
-195,717
-8,568
-115,792
-12,339
-270,332
Net cash flows from operating activities
10,807
1,001
15,840
3,970
31,774
Net cash flows from investments in non-financial assets
-3,322
-965
-12,301
-3,832
-20,410
Net cash flows from investments in financial assets for policy purposes
5,839
-2
2,004
16
7,311
Net cash flows from investments in financial assets for liquidity purposes
-12,447
-16
-4,643
-88
-17,537
Net cash flows from financing activities
-3,137
48
-3,796
-107
-6,283
Net Increase(+)/Decrease(-) in Cash Held
-2,260
66
-2,895
-42
-5,145

SURPLUS(+)/DEFICIT(-)

Surplus(+)/Deficit(-)
6,269
34
3,532
131
10,132

(a) The multi-jurisdictional sector currently contains only universities.
(b) The sums of individual levels of government may not agree with total figures for all Australian governments due to transfers between levels of government.
Note: Negative figures denote outflows.

Source: Government Finance Statistics, Australia, 2000-01 (5512.0).


Balance Sheet

GFS Net Worth reflects the contribution of governments to the wealth of Australia. As shown in table 27.3, the consolidated net worth as at 30 June 2001 for all Australian governments combined was $331,784m.


27.3 ALL AUSTRALIAN GOVERNMENTS, Total public sector: Balance Sheet - 30 June 2001

Commonwealth
Multi-jurisdictional(a)
State
Local
All Australian governments(b)
$m
$m
$m
$m
$m

Assets
Financial assets
135,535
7,445
85,951
8,571
224,607
Non-financial assets
72,094
17,615
351,449
148,115
589,269
Total
207,628
25,059
437,400
156,686
813,876
Liabilities
264,409
5,133
179,379
9,088
445,159
Shares and other contributed capital
36,940
-
-
40
36,932
GFS Net Worth
-93,722
19,926
258,022
147,558
331,784
Net debt(c)
37,972
-4,048
16,117
-903
49,137
Net financial worth(d)
-165,815
2,311
-93,427
-557
-257,484

(a) The multi-jurisdictional sector currently contains only universities.
(b) The sums of individual levels of government may not agree with total figures for all Australian governments 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.

Source: Government Finance Statistics, Australia, 2000-01 (5512.0).


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