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| | Jun.1999 | Jun.2000 |  |
| TABLE 62. Western Australian Government, Public | | |  |
| Non-financial Corporations, Operating Statement ($m)(a) | | |  |
|
GFS Revenue |
|
|  |
| Sales of goods and services | 5360 | 5760 |  |
| Current grants and subsidies | 491 | 419 |  |
| Capital grants | 101 | 100 |  |
| Interest income | 81 | 99 |  |
| Other | 196 | 115 |  |
| Total | 6229 | 6493 |  |
| less | | |  |
| GFS Expenses | | |  |
| Gross operating expenses | | |  |
| Depreciation | 502 | 563 |  |
| Employee expenses | 554 | 556 |  |
| Other operating expenses | 3555 | 3859 |  |
| Total | 4610 | 4978 |  |
| Property expenses | | |  |
| Dividend expenses | 336 | 386 |  |
| Income tax equivalent expenses | 209 | 228 |  |
| Interest expenses | 559 | 529 |  |
| Other property expenses | 26 | 20 |  |
| Total | 1129 | 1162 |  |
| Current transfers | | |  |
| Grant expenses | 103 | 116 |  |
| Tax expenses | 44 | 39 |  |
| Other current transfers | 5 | 17 |  |
| Capital transfers | | |  |
| Total | 5891 | 6312 |  |
| equals | | |  |
| GFS Net Operating Balance | 338 | 182 |  |
| less | | |  |
| Net acquisition of non-financial assets | | |  |
| Gross fixed capital formation | 847 | 985 |  |
| less Depreciation | 502 | 563 |  |
| plus Change in inventories | -79 | |  |
| plus Other transactions in non-financial assets | -94 | -183 |  |
| Total | 172 | 239 |  |
| equals | | |  |
| GFS Net lending(+)/borrowing(-) | 166 | -57 |  |
(a) Data based on the latest published budget information for |
|
|  |
| each jurisdiction. The Western Australian Government has | | |  |
| released post-budget data for 1999-2000, which are not | | |  |
| reflected in the estimates. | | |  |
|