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| | Jun.1999 | Jun.2000 |  |
| TABLE 41. All Australian Governments, Public Non-financial | | |  |
| Corporations, Operating Statement ($m)(a) | | |  |
|
GFS Revenue |
|
|  |
| Sales of goods and services | 56353 | 52879 |  |
| Current grants and subsidies | 3752 | 4106 |  |
| Capital grants | 1537 | 1393 |  |
| Interest income | 571 | 423 |  |
| Other | 2017 | 1910 |  |
| Total | 64230 | 60710 |  |
| less | | |  |
| GFS Expenses | | |  |
| Gross operating expenses | | |  |
| Depreciation | 7064 | 7207 |  |
| Employee expenses | 11823 | 11306 |  |
| Other operating expenses | 30455 | 25758 |  |
| Total | 49342 | 44271 |  |
| Property expenses | | |  |
| Dividend expenses | 4241 | 6201 |  |
| Income tax equivalent expenses | 2799 | 1323 |  |
| Interest expenses | 3357 | 3355 |  |
| Other property expenses | 706 | 1556 |  |
| Total | 11103 | 12435 |  |
| Current transfers | | |  |
| Grant expenses | 258 | 184 |  |
| Tax expenses | 2161 | 2393 |  |
| Other current transfers | 599 | 594 |  |
| Capital transfers | 323 | 132 |  |
| Total | 63787 | 60010 |  |
| equals | | |  |
| GFS Net Operating Balance | 444 | 700 |  |
| less | | |  |
| Net acquisition of non-financial assets | | |  |
| Gross fixed capital formation | 11249 | 9158 |  |
| less Depreciation | 7064 | 7207 |  |
| plus Change in inventories | 572 | 276 |  |
| plus Other transactions in non-financial assets | -14 | -693 |  |
| Total | 4744 | 1534 |  |
| equals | | |  |
| GFS Net lending(+)/Borrowing(-) | -4300 | -834 |  |
(a) Data based on the latest published budget information |
|
|  |
| for each jurisdiction. The Commonwealth, New South | | |  |
| Wales, Victoria, Western Australia and Northern | | |  |
| Territory Governments have released post-budget data | | |  |
| for 1999-2000, which are not relected in the | | |  |
| estimates. | | |  |
|