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| | Jun.1999 | Jun.2000 |  |
| TABLE 47. Total State Governments, Public Non-financial | | | |
| Corporations, Operating Statement ($m)(a) | | | |
|
GFS Revenue |
|
| |
| Sales of goods and services | 29027 | 27956 | |
| Current grants and subsidies | 3541 | 3909 | |
| Capital grants | 1537 | 1393 | |
| Interest income | 430 | 348 | |
| Other | 1965 | 1891 | |
| Total | 36500 | 35498 | |
| less | | | |
| GFS Expenses | | | |
| Gross operating expenses | | | |
| Depreciation | 4046 | 4020 | |
| Employee expenses | 6275 | 5580 | |
| Other operating expenses | 17863 | 16672 | |
| Total | 28184 | 26272 | |
| Property expenses | | | |
| Dividend expenses | 2846 | 3066 | |
| Income tax equivalent expenses | 2799 | 1323 | |
| Interest expenses | 2425 | 2484 | |
| Other property expenses | 105 | 98 | |
| Total | 8174 | 6971 | |
| Current transfers | | | |
| Grant expenses | 258 | 184 | |
| Tax expenses | 147 | 117 | |
| Other current transfers | 599 | 594 | |
| Capital transfers | 321 | 131 | |
| Total | 37683 | 34268 | |
| equals | | | |
| GFS Net Operating Balance | -1183 | 1229 | |
| less | | | |
| Net acquisition of non-financial assets | | | |
| Gross fixed capital formation | 6535 | 3531 | |
| less Depreciation | 4046 | 4020 | |
| plus Change in inventories | -45 | 275 | |
| plus Other transactions in non-financial assets | -56 | -771 | |
| Total | 2388 | -986 | |
| equals | | | |
| GFS Net lending(+)/borrowing(-) | -3571 | 2215 | |
(a) Data based on the latest published budget information |
|
| |
| for each jurisdiction. The New South Wales, Victorian, | | | |
| Western Australian and Northern Territory Governments | | | |
| have released post-budget data for 1999-2000, which are | | | |
| not reflected in the estimates. | | | |
|
