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| | Jun.1999 | Jun.2000 |  |
| TABLE 65. Tasmanian Government, Public Non-financial | | |  |
| Corporations, Operating Statement ($m) | | |  |
|
GFS Revenue |
|
|  |
| Sales of goods and services | 932 | 884 |  |
| Current grants and subsidies | 54 | 90 |  |
| Capital grants | 53 | 24 |  |
| Interest income | 10 | 4 |  |
| Other | 9 | 3 |  |
| Total | 1058 | 1004 |  |
| less | | |  |
| GFS Expenses | | |  |
| Gross operating expenses | | |  |
| Depreciation | 168 | 177 |  |
| Employee expenses | 209 | 191 |  |
| Other operating expenses | 333 | 308 |  |
| Total | 710 | 677 |  |
| Property expenses | | |  |
| Dividend expenses | 78 | 110 |  |
| Income tax equivalent expenses | 56 | 55 |  |
| Interest expenses | 172 | 177 |  |
| Other property expenses | 7 | 1 |  |
| Total | 312 | 342 |  |
| Current transfers | | |  |
| Grant expenses | 3 | |  |
| Tax expenses | 13 | 13 |  |
| Other current transfers | | |  |
| Capital transfers | 0 | 0 |  |
| Total | 1038 | 1032 |  |
| equals | | |  |
| GFS Net Operating Balance | 20 | -27 |  |
| less | | |  |
| Net acquisition of non-financial assets | | |  |
| Gross fixed capital formation | 184 | 195 |  |
| less Depreciation | 168 | 177 |  |
| plus Change in inventories | -1 | 0 |  |
| plus Other transactions in non-financial assets | 0 | 4 |  |
| Total | 16 | 22 |  |
| equals | | |  |
| GFS Net lending(+)/borrowing(-) | 4 | -49 |  |
|