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| | Jun.1999 | Jun.2000 |  |
| TABLE 59. South Australian Government, Public Non-financial | | |  |
| Corporations, Operating Statement ($m) | | |  |
|
GFS Revenue |
|
|  |
| Sales of goods and services | 2918 | 2062 |  |
| Current grants and subsidies | 429 | 451 |  |
| Capital grants | 13 | 44 |  |
| Interest income | 16 | 11 |  |
| Other | 67 | 82 |  |
| Total | 3444 | 2651 |  |
| less | | |  |
| GFS Expenses | | |  |
| Gross operating expenses | | |  |
| Depreciation | 333 | 281 |  |
| Employee expenses | 400 | 364 |  |
| Other operating expenses | 1867 | 1307 |  |
| Total | 2601 | 1951 |  |
| Property expenses | | |  |
| Dividend expenses | 272 | 288 |  |
| Income tax equivalent expenses | 210 | 157 |  |
| Interest expenses | 270 | 202 |  |
| Other property expenses | 5 | 5 |  |
| Total | 758 | 652 |  |
| Current transfers | | |  |
| Grant expenses | 0 | 0 |  |
| Tax expenses | | |  |
| Other current transfers | | 4 |  |
| Capital transfers | 3 | 3 |  |
| Total | 3361 | 2611 |  |
| equals | | |  |
| GFS Net Operating Balance | 82 | 40 |  |
| less | | |  |
| Net acquisition of non-financial assets | | |  |
| Gross fixed capital formation(a) | 297 | -2763 |  |
| less Depreciation | 333 | 281 |  |
| plus Change in inventories | -99 | |  |
| plus Other transactions in non-financial assets | -5 | -618 |  |
| Total | -141 | -3662 |  |
| equals | | |  |
| GFS Net lending(+)/borrowing(-) | 223 | 3702 |  |
(a) Includes proceeds from the lease/sale of electricity |
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|  |
| assets in 1999-2000. | | |  |
|