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| | Jun.2003 | Jun.2004 | Jun.2005 |
| Table 79. STATE AND LOCAL GENERAL GOVERNMENT CAPITAL | | | |
| ACCOUNT, Current prices ($m) | | | |
|
Net saving |
3644
|
6015
|
5504
|
| Consumption of fixed capital | 10554 | 10967 | 11646 |
| Capital transfers | | | |
| Capital transfers, receivable | 3747 | 3319 | 4088 |
| less capital transfers, payable | 2566 | 2672 | 3443 |
| Total net capital transfers | 1181 | 647 | 645 |
| Gross saving and capital transfers | 15378 | 17629 | 17795 |
| Gross fixed capital formation | | | |
| Machinery and equipment | 3825 | 3158 | 3583 |
| Non-dwelling construction | 8576 | 9591 | 10921 |
| Intangible fixed assets | 911 | 916 | 921 |
| Dwellings | 138 | 252 | 327 |
| Total gross fixed capital formation | 13450 | 13917 | 15752 |
| Changes in inventories | 8 | 4 | -4 |
| Acquisitions less disposals of non-produced non-financial | | | |
| assets | 69 | 166 | 201 |
| Net lending (+) / net borrowing (-)(a) | 1851 | 3542 | 1846 |
| Total capital accumulation and net lending (+) / net | | | |
| borrowing (-) | 15378 | 17629 | 17795 |
n.r. not recorded |
|
|
|
| (a) Includes part of statistical discrepancy (E) less statistical discrepancy (I). | | | |
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