A1A.83.

Cash flows from operating activities (ETF 21) consists of cash flows from the operating activities or normal business of public sector units. This category is further classified into:

• cash receipts from operating activities (ETF 211);
• cash payments for employee expenses (ETF 212); and
• cash payments for non-employee expenses (ETF 213).

A1A.84.

Cash receipts from operating activities (ETF 211) consists of cash inflows from operating activities during the current period. This category is further classified into:

• taxes received (ETF 2111, SDC);
• cash received from sales of goods and services (ETF 2112, SDC);
• grants and subsidies received (ETF 2113, SDC);
• income transferred from public corporations (ETF 2114, SDC);
• interest received (ETF 2115, SDC); and
• cash receipts from operating activities not elsewhere classified (ETF 2119, SDC).

A1A.85.

Taxes received (ETF 2111, SDC) consists of cash received from compulsory levies imposed by government on other entities.

A1A.86.

Cash received from sales of goods and services (ETF 2112, SDC) consists of cash received from the direct provision of goods and services by general government and public enterprises.

A1A.87.

Grants and subsidies received (ETF 2113, SDC) consists of cash received from voluntary transfers by government and other entities.

A1A.88.

Income transferred from public corporations (ETF 2114, SDC) consists of cash received from public corporations in the form of dividends or tax equivalent payments.

A1A.89.

Interest received (ETF 2115, SDC) consists of cash received by owners of financial assets in the form of interest.

A1A.90.

Cash receipts from operating activities not elsewhere classified (ETF 2119, SDC) consists of other cash receipts from operating activities that cannot be classified to taxes received (ETF 2111, SDC), cash received from sales of goods and services (ETF 2112, SDC), grants and subsidies received (ETF 2113, SDC), income transferred from public corporations (ETF 2114, SDC) or interest received (ETF 2115, SDC).

A1A.91.

Cash payments for employee expenses (ETF 212) consists of cash outflows for employee expenses from operating activities during the current period. This category is further classified into:

• cash paid for employee superannuation – defined contribution scheme (ETF 2121, SDC);
• cash paid for employee superannuation – defined benefit scheme (ETF 2122, SDC);
• salary sacrifice expenses – superannuation (ETF 2123, SDC);
• salary sacrifice expenses – items other than superannuation (ETF 2124, SDC); and
• cash payments for employee expenses not elsewhere classified (ETF 2129, SDC).

A1A.92.

Cash paid for employee superannuation – defined contribution scheme (ETF 2121, SDC) consists of cash paid by government entities to defined contribution superannuation schemes in respect of employee superannuation.

A1A.93.

Cash paid for employee superannuation – defined benefit scheme (ETF 2122, SDC) consists of cash paid by government entities to defined benefit superannuation schemes in respect of employee superannuation.

A1A.94.

Salary sacrifice expenses – superannuation (ETF 2123, SDC) consists of cash paid by government entities to provide salary sacrificing arrangements for superannuation contributions to employees.

A1A.95.

Salary sacrifice expenses – items other than superannuation (ETF 2124, SDC) consists of cash paid by government entities to provide salary sacrificing arrangements other than superannuation contributions to employees.

A1A.96.

Cash payments for employee expenses not elsewhere classified (ETF 2129, SDC) consists of cash payments for employee expenses that cannot be classified to cash paid for employee superannuation – defined contribution scheme (ETF 2121, SDC), cash paid for employee superannuation – defined benefit scheme (ETF 2122, SDC), salary sacrifice expenses – superannuation (ETF 2123, SDC) or salary sacrifice expenses – items other than superannuation (ETF 2124, SDC)..

A1A.97.

Cash payments for non-employee expenses (ETF 213) consists of cash outflows for non-employee expenses from operating activities during the current period. This category is further classified into:

• cash paid for the purchase of other goods and services (ETF 2131, SDC);
• subsidies paid (ETF 2132, SDC);
• grants paid (ETF 2133, SDC);
• other transfer payments (ETF 2134, SDC);
• interest paid (ETF 2135, SDC);
• distributions paid (ETF 2136, SDC); and

• cash payments for non-employee expenses not elsewhere classified (ETF 2139, SDC).

A1A.98.

Cash paid for the purchase of other goods and services (ETF 2131, SDC) consists of cash paid by public sector units for the purchase of other goods and services.

A1A.99.

Subsidies paid (ETF 2132, SDC) consists of voluntary cash transfers by public sector units in the form of subsidies.

A1A.100.

Grants paid (ETF 2133, SDC) consists of voluntary cash transfers by public sector units in the form of grants.

Includes:   Current and capital grants paid in cash.

A1A.101.

Other transfer payments (ETF 2134, SDC) consists of cash transfers by public sector other than those in the form of subsidies or grants paid.

Includes:    Other current and capital transfers paid in cash.

A1A.102.

Interest paid (ETF 2135, SDC) consists of cash transfers by public sector units in the form of interest.

Includes:   Interest paid in cash on advances, loans, overdrafts, bonds and bills and deposits.

A1A.103.

Distributions paid (ETF 2136, SDC) consists of cash transfers by public enterprises to their parent entities and other shareholders in the form of dividends, transfer of profits or other similar distributions.

A1A.104.

Cash payments for non-employee expenses not elsewhere classified (ETF 2139, SDC) consists of cash payments for non-employee expenses that cannot be classified to cash paid for the purchase of other goods and services (ETF 2131, SDC), subsidies paid (ETF 2132, SDC), grants paid (ETF 2133, SDC), other transfer payments (ETF 2134, SDC), interest paid (ETF 2135, SDC) or distributions paid (ETF 2136, SDC).

A1A.105.

Cash flows from transactions in non-financial assets (ETF 22) consists of net expenditure on non-financial assets by public sector units. This category is further classified into:

• expenditure on non-financial assets (net) (ETF 221).

A1A.106.

Expenditure on non-financial assets (net) (ETF 221) consists of net expenditure on new and second-hand non-financial assets. This category is further classified into:

• purchases of new non-financial assets (ETF 2211, SDC);
• purchases of second-hand non-financial assets (ETF 2212, SDC); and
• sales of non-financial assets (ETF 2213, SDC).

Includes:    Net expenditure on mineral deposits, timber tracts and similar non-reproducible tangible assets; net expenditure on intangible assets such as patents and copyrights.

A1A.107.

Purchases of new non-financial assets (ETF 2211, SDC) consists of purchases of new fixed produced assets, that is, tangible assets intended to be used in the production process for longer than one year.

Includes:    Fixed produced assets constructed on own account and valued at cost of materials and capitalised salaries and wages; reimbursements received by public authorities for amounts spent on capital works while acting as an agent for other government and private bodies; purchase of vacant land; purchase of land with improvements; outright purchases of intangible assets such as patents and copyrights; second-hand assets imported into the country for the first time.

Excludes:   Houses built for sale (classified to change in inventories (ETF 4111, TALC, COFOG-A)); assets acquired under finance lease arrangements (classified to acquisitions of non-financial assets under new finance leases (ETF 4112, TALC, COFOG-A, SDC)).

A1A.108.

Purchases of second-hand non-financial assets (ETF 2212, SDC) consists of purchases of second-hand fixed produced assets, that is, tangible assets which have been previously used in production in the country.

Excludes:   Second-hand non-financial assets imported into the country for the first time (classified to purchases of new non-financial assets (ETF 2211, SDC)); second-hand assets acquired under finance lease arrangements (classified to acquisitions of non-financial assets under new finance leases (ETF 4112, TALC, COFOG-A, SDC)).

A1A.109.

Sales of non-financial produced assets (ETF 2213, SDC) consists of sales of fixed produced assets.

Includes:    Sales of previously rented dwellings, non-residential buildings and used plant and equipment; sales of land including the sale of residential leases in the ACT; sales of land and buildings as a package where a separate value cannot be determined for the land component; outright sales of intangible assets such as patents and copyrights.

A1A.110.

Cash flows from transactions in financial assets for policy purposes (ETF 23) consists of cash flows from transactions in financial assets for policy purposes by government entities. This category is further classified into:

• advances paid (net) (ETF 231); and
• equity acquisitions, disposals and sale of equity (net) (ETF 232).

A1A.111.

Advances paid (net) (ETF 231) consists of advances (net of repayments) paid to other public authorities. Advances are the creation of financial assets with the aim of funding particular enterprise, household or government activities. They are distinguished from other financial assets such as investments in that they are motivated by public policy purposes while investments are motivated by liquidity management purposes and the need to earn a return. This category is further classified into:

• advances paid - concessional loans (ETF 2311, SDC);
• advances paid other than concessional loans (ETF 2312, SDC); and
• repayments of advances (ETF 2313, SDC).

A1A.112

Advances paid - concessional loans (ETF 2311, SDC), consists of advances paid in the form of loans with below market interest rates.

A1A.113.

Advances paid other than concessional loans (ETF 2312, SDC) consists of advances paid in the form of loans other than concessional loans.

Includes:    Advances from one level of government to another, between government units at the same level of government, and other entities; advances to purchasers of assets sold to private enterprises; advances for the purchase of homes; advances for war service land settlement; advances to purchases of assets sold to persons and non-profit institutions; advances by public authorities to foreign governments and organisations; subscriptions to international agencies such as the International Bank for Reconstruction and Development and the International Development Association; capital contributions and provision of funds to public financial corporations for re-lending to specific categories of new borrowers.

A1A.114.

Repayments of advances (ETF 2313, SDC) consists of repayments of advances made by public authorities to private enterprises, persons, non-profit institutions, foreign governments and organisations and other public authorities for policy purposes.

Excludes:   Amounts on-passed by public enterprises to their parent governments from the liquidation of assets, capital restructuring, etc., (classified to transactions in financial assets (net) (ETF 3111), equity including contributed capital (TALC 424), SDC); proceeds received by government from sales to the private sector of some or all equity in public enterprises (classified to equity disposals and sale of equity (ETF 2322, SDC)).

A1A.115.

Equity, acquisitions, disposals and sale of equity (net) (ETF 232) consists of the acquisition and disposal by government of shares and other equity in public and private enterprises. This category is further classified into:

• equity acquisitions (ETF 2321, SDC); and
• equity disposals and sale of equity (ETF 2322, SDC).

A1A.116.

Equity acquisitions (ETF 2321, SDC) consists of shares and other equity in public and private enterprises acquired during the current reporting period.

A1A.117.

Equity disposals and sale of equity (ETF 2322, SDC) consists of proceeds received from disposals of some or all equity in public and private enterprises.

Includes:    Proceeds received by general government from sales of public enterprises; proceeds received by public enterprises from sales of subsidiary public enterprises.

A1A.118.

Cash flows from investments in financial assets for liquidity management purposes (ETF 24) consists of cash flows from investment in financial assets for liquidity management purposes by public sector units.

A1A.119.

Increase in investments (ETF 241) consists of the creation of financial assets through lending money for the purpose of earning a return and managing liquidity. This category is further classified into:

• increase in investments (ETF 2411, SDC).

A1A.120.

Increase in investments (ETF 2411, SDC) consists of the creation of financial assets through lending money for the purpose of earning a return and managing liquidity. Investments included in this category are generally long-term assets.

Excludes:   Increase in short-term assets (classified to increase / (decrease) in cash held (ETF 2611, SDC)).

A1A.121.

Cash flows from financing activities (ETF 25) consists of cash flows from the financing activities of public sector units. This category is further classified into:

• advances received (net) (ETF 251);
• borrowing (net) (ETF 252);
• deposits received (ETF 253); and
• other financing (net) (ETF 259).

A1A.122.

Advances received (net) (ETF 251) consists of advances (net of repayments) received from other public authorities. Advances are the creation of financial assets with the aim of funding particular enterprise, household or government activities. They are distinguished from other financial assets such as investments in that they are motivated by public policy purposes while investments are motivated by liquidity management purposes and the need to earn a return. This category is further classified into:

• advances received - concessional loans (ETF 2511, SDC);
• advances received other than concessional loans (ETF 2512, SDC); and
• advances repaid (ETF 2513, SDC).

A1A.123.

Advances received - concessional loans (ETF 2511, SDC) consists of advances received in the form of loans at below market interest rates.

A1A.124

Advances received other than concessional loans (ETF 2512, SDC) consists of advances received in the form of loans other than concessional loans.

A1A.125.

Advances repaid (ETF 2513, SDC) consists of the repayment of advances from other public authorities.

A1A.126

Borrowing (net) (ETF 252) consists of the net borrowing by public authorities from public and private bodies and individuals within Australia and from abroad. This item is further classified into:

• borrowing (net) (ETF 2521, SDC).

A1A.127.

Borrowing (net) (ETF 2521, SDC) consists of net borrowing by public authorities from public and private bodies and individuals within Australia and from abroad. Net borrowing is equal to gross borrowing less the repayment of past borrowing. Gross borrowing is the creation of liabilities through the sale of bonds and bills in the capital market or by raising loans through direct agreements with lenders.

Includes:    Net borrowing from the International Bank for Reconstruction and Development; net borrowing under credit arrangements with foreign government and authorities; the issue of stocks and bonds abroad less redemptions; repayments of the principal component of finance leases.

Excludes:   An increase in liability or borrowing related to the initial entry into a finance lease or similar arrangement (classified to transactions in liabilities (ETF 3211), finance leases (TALC 531), SDC); cash repayments of interest associated with a finance lease or similar arrangement (classified to interest paid (ETF 2135, SDC)); interest repayments associated with a finance lease or similar arrangement (classified to interest expenses not elsewhere classified (ETF 1279, COFOG-A, SDC)).

A1A.128

Deposits received (ETF 253) consists of the net increase in cash held by public sector units as a result of deposits received. This category is further classified into;

• increase in deposits received (ETF 2531, SDC).

A1A.129.

Increase in deposits received (ETF 2531, SDC) consists of the net increase in cash held by public sector units as a result of a net change to its liabilities generated by taking deposits from a private body or other government unit.

Includes:    Cash held in public accounts by treasuries on behalf of other government units, for example public non-financial corporations which operate through a trust account held in the public accounts; deposits lodged by public non-financial corporations and other public sector units with central borrowing authorities and by private sector entities with public financial corporations.

A1A.130.

Other financing (net) (ETF 259) consists of cash flows from other financing activities. This category is further classified into:

• other financing not elsewhere classified (ETF 2599, SDC).

A1A.131.

Other financing not elsewhere classified (ETF 2599, SDC) consists of other financing transactions resulting in cash flows in the period that cannot be classified to advances received - concessional loans (ETF 2511, SDC), advances received other than concessional loans (ETF 2512, SDC), advances repaid (ETF 2513, SDC), borrowing (net) (ETF 2521, SDC) or increase in deposits received (ETF 2531, SDC).

A1A.132

Increase / (decrease) in cash held (ETF 26) consists of increases and decreases in the stock of cash on hand and cash equivalents held during the accounting period. This category is further classified into:

• increase / (decrease) in cash held (ETF 261).

A1A.133.

Increase / (decrease) in cash held (ETF 261) consists of increases and decreases in the stock of cash on hand and cash equivalents held during the accounting period. This category is further classified into:

• increase / (decrease) in cash held (ETF 2611, SDC).

A1A.134.

Increase / (decrease) in cash held (ETF 2611, SDC) consists of the increase/decrease in the value of cash on hand and cash equivalents. Cash on hand refers to notes and coins held and deposits held at call with financial institutions. Cash equivalents refer to highly liquid investments which are readily convertible to cash on hand at the investor’s option.

Includes:    Increases in cash and bank balances; funds lodged with treasuries or central bank authorities; balances at call; foreign cash and deposits; funds investment by public authorities for a fixed period of time (short term); transactions in Special Drawing Rights; deposits of gold and currency with the IMF less receipts representing revenue from the IMF’s gold disbursements.