5512.0 - Government Finance Statistics, Australia, 2010-11 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 17/04/2012   
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BALANCE SHEET RESULTS, 2010-11



GFS net worth reflects the contribution of governments to the wealth of Australia. The consolidated net worth as at 30 June 2011 for All Levels of Government was $905,642m.

The following table presents 30 June 2011 balance sheet aggregates by sector for the various levels of government.

BALANCE SHEET RESULTS, At 30 June 2011

General Government
Non–financial Public Sector
Total Public Sector(a)
2010–11
2010–11
2010–11
$m
$m
$m

All Levels of Government
Total assets
1 593 290
1 715 663
1 866 109
Total liabilities
687 647
808 423
960 565
Shares and other contributed capital
1 597
–98
GFS Net worth
905 643
905 643
905 642
Commonwealth Government
Total assets
323 035
326 843
401 607
Total liabilities
419 127
422 936
497 699
Shares and other contributed capital
GFS Net worth
–96 093
–96 093
–96 093
State and Local Government
Total assets
1 230 257
1 348 441
1 429 603
Total liabilities
266 887
383 474
466 331
GFS Net worth
963 370
963 370
963 369
Multi-jurisdictional(b)
Total assets
50 838
53 077
53 077
Total liabilities
12 472
12 939
12 939
GFS Net worth
38 366
38 366
38 366

– nil or rounded to zero (including null cells)
(a) The Total Public sector comprises General Government, Public Non-Financial Corporations and Public Financial Corporations. The sum of individual levels of government or sectors may not agree with The Total Public Sector figures due to transfers between level of government.
(b) The Multi-jurisdictional sector contains units where jurisdiction is shared between two or more governments, or classification of a unit to a jurisdiction is otherwise unclear. The main types of units currently falling into this category are the public universities.