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Balance Sheet (ETF 8)

Australian System of Government Finance Statistics: Concepts, Sources and Methods
Reference period
2015
A1A.228.

Balance sheet (ETF 8) is the part of the ETF which records an institutional unit's stock of assets and liabilities and net worth at a specific point in time. This information is used to compile the balance sheet at the end of each accounting period. The full classification is found in Table A1A.13 below:

Table A1A.13 - Balance sheet (ETF 8)

ETF

Descriptor

Classification codes

NON-FINANCIAL ASSETS

81

Fixed Produced assets

ETF 81

811

Buildings and structures

ETF 811

8111

 Dwellings

ETF 8111

8112

 Buildings other than dwellings

ETF 8112

8113

 Land improvements

ETF 8113

8119

 Structures not elsewhere classified

ETF 8119

812

Machinery and equipment

ETF 812

8121

 Transport equipment

ETF 8121

8122

 Information, computer and telecommunications equipment

ETF 8122

8129

 Machinery and equipment not elsewhere classified

ETF 8129

813

Cultivated biological resources

ETF 813

8131

 Animal resources yielding repeat products

ETF 8131

8132

 Tree, crop and plant resources yielding repeat products

ETF 8132

814

Intellectual property products

ETF 814

8141

 Research and development

ETF 8141

8142

 Mineral exploration and evaluation

ETF 8142

8143

 Computer software

ETF 8143

8144

 Databases

ETF 8144

8145

 Entertainment, literary and artistic originals

ETF 8145

8149

 Intellectual property products not elsewhere classified

ETF 8149

815

Weapons systems

ETF 815

8151

 Weapons systems

ETF 8151

82

Other produced assets

ETF 82

821

Inventories

ETF 821

8211

 Inventories - materials and supplies

ETF 8211

8212

 Inventories - work in progress

ETF 8212

8213

 Inventories - finished goods

ETF 8213

8214

 Inventories - goods for resale

ETF 8214

8215

 Military inventories

ETF 8215

822

Valuables

ETF 822

8221

 Valuables

ETF 8221

823

Other produced assets

ETF 823

8239

 Other produced assets not elsewhere classified

ETF 8239

83

Non-produced assets

ETF 83

831

Tangible non-produced assets

ETF 831

8311

 Land

ETF 8311

8312

 Mineral and energy resources

ETF 8312

8313

 Non-cultivated biological resources

ETF 8313

8314

 Water resources

ETF 8314

8315

 Radio spectra

ETF 8315

8319

 Tangible non-produced assets not elsewhere classified

ETF 8319

832

Intangible non-produced assets

ETF 832

8321

 Marketable operating leases

ETF 8321

8322

 Permits to use natural resources

ETF 8322

8323

 Permits to undertake specific activities

ETF 8323

8324

 Entitlement to future goods and services on an exclusive basis

ETF 8324

8325

 Goodwill and marketing assets

ETF 8325

8329

 Intangible non-produced assets not elsewhere classified

ETF 8329

833

Other non-produced assets

ETF 833

8339

 Other non-produced assets not elsewhere classified

ETF 8339

FINANCIAL ASSETS AND LIABILITIES

84

Financial assets

ETF 84 SDC

841

Currency and deposits

ETF 841 SDC

8411

 Cash and deposits

ETF 8411 SDC

8412

 Special Drawing Rights (SDRs)

ETF 8412 SDC 130

8413

 Monetary gold (bullion)

ETF 8413

8414

 Monetary gold (allocated and unallocated)

ETF 8414 SDC 130

842

Securities and related assets

ETF 842 SDC

8421

 Debt securities

ETF 8421 SDC

8422

 Financial derivatives

ETF 8422 SDC

8423

 Employee stock options

ETF 8423 SDC

8424

 Equity including contributed capital

ETF 8424 SDC

8425

 Investment fund shares or units

ETF 8425 SDC

843

Loans and placements

ETF 843

SDC

8431

 Finance leases

ETF 8431 SDC

8432

 Advances - concessional loans

ETF 8432 SDC

8433

 Advances other than concessional loans

ETF 8433 SDC

8439

 Loans and placements not elsewhere classified

ETF 8439 SDC

844

Insurance, superannuation and standardised guarantee schemes

ETF 844 SDC

8441

 Non-life insurance technical reserves

ETF 8441 SDC

8442

 Life insurance and annuities entitlements

ETF 8442 SDC

8443

 Provisions for defined benefit superannuation*

ETF 8443 SDC

8444

 Claims of superannuation funds on superannuation manager

ETF 8444 SDC

8445

 Provisions for calls under standardised guarantee schemes

ETF 8445 SDC

845

Other financial assets

ETF 845 SDC

8451

 Provisions for employee entitlements other than superannuation*

ETF 8451 SDC

8452

 Accounts receivable

ETF 8452 SDC

8459

 Other financial assets not elsewhere classified

ETF 8459 SDC

85

Liabilities

ETF 85 SDC

851

Currency and deposits

ETF 851

SDC

8511

 Cash and deposits

ETF 8511 SDC

8512

 Special Drawing Rights (SDRs)

ETF 8512 SDC

852

Securities and related liabilities

ETF 852 SDC

8521

 Debt securities

ETF 8521 SDC

8522

 Financial derivatives

ETF 8522 SDC

8523

 Employee stock options

ETF 8523 SDC

8524

 Equity including contributed capital

ETF 8524 SDC

8525

 Investment fund shares or units

ETF 8525 SDC

853

Loans and placements

ETF 853

SDC

8531

 Finance leases

ETF 8531 SDC

8532

 Advances - concessional loans

ETF 8532 SDC

8533

 Advances other than concessional loans

ETF 8533 SDC

8539

 Loans and placements not elsewhere classified

ETF 8539 SDC

854

Insurance, superannuation and standardised guarantee schemes

ETF 854

SDC

8541

 Non-life insurance technical reserves

ETF 8541 SDC

8542

 Life insurance and annuities entitlements

ETF 8542 SDC

8543

 Provisions for defined benefit superannuation

ETF 8543 SDC

8544

 Claims of superannuation funds on superannuation manager

ETF 8544 SDC

8545

 Provisions for calls under standardised guarantee schemes

ETF 8545 SDC

855

Other liabilities

ETF 855

SDC

8551

 Provisions for employee entitlements other than superannuation

ETF 8551 SDC

8552

 Accounts payable

ETF 8552 SDC

8559

 Other liabilities not elsewhere classified

ETF 8559 SDC

NET WORTH

86

Net worth

ETF 86

861          

Net worth

ETF 861

8611

 Net worth

ETF 8611

* In Australian GFS, only the net liability position is currently recorded. The asset category is only maintained to align with international standards and will report a zero balance until specifically earmarked assets can be reported by data providers.

Note: The last 3 digits of the 4 digit Balance Sheet ETF codes are the same as the corresponding TALC codes as discussed in Paragraphs A1A.259 to A1A.360  of this manual

A1A.229.

Balance sheet (ETF 8) consists of the stock of assets and liabilities of a public sector unit at a specific point in time. This category is further classified into:

Non-financial assets

  • fixed produced assets (ETF 81);
  • other produced assets (ETF 82);
  • non-produced assets (ETF 83);

Financial assets and liabilities

  • financial assets (ETF 84); and
  • liabilities (ETF 85).

Fixed produced assets (ETF 81)

A1A.230.

Fixed produced assets (ETF 81) is further classified into:

  • buildings and structures (ETF 811);
  • machinery and equipment (ETF 812);
  • cultivated biological resources (ETF 813);
  • intellectual property products (ETF 814); and
  • weapons systems (ETF 815).

Buildings and structures (ETF 811)

A1A.231.

Buildings and structures (ETF 811) is further classified into:

  • Dwellings (ETF 8111) and is further discussed in paragraph A1A.262 of this manual;
  • Buildings other than dwellings (ETF 8112) and is further discussed in paragraph A1A.263 of this manual;
  • Land improvements (ETF 8113) and is further discussed in paragraph A1A.264 of this manual; and
  • Structures not elsewhere classified (ETF 8119) and is further discussed in paragraph A1A.265 of this manual.

Machinery and equipment (ETF 812)

A1A.232.
  • transport equipment (ETF 8121) and is further discussed in paragraph A1A.267 of this manual;
  • information, communication and telecommunications equipment (ETF 8122) and is further discussed in paragraph A1A.268 of this manual; and
  • machinery and equipment not elsewhere classified (ETF 8129) and is further discussed in paragraph A1A.269 of this manual.

Cultivated biological resources (ETF 813)

A1A.233.

Cultivated biological resources (ETF 813) is further classified into:

  • animal resources yielding repeat products (ETF 8131); and
  • tree, crop and plant resources yielding repeat products (ETF 8132).

Intellectual property products (ETF 814)

A1A.234.

Intellectual property products (ETF 814) is further classified into:

  • research and development (ETF 8141);
  • mineral exploration and evaluation (ETF 8142);
  • computer software (ETF 8143);
  • databases (ETF 8144);
  • entertainment, literary and artistic originals (ETF 8145); and
  • intellectual property products not elsewhere classified (ETF 8149).

Weapons systems (ETF 815)

A1A.235.

Weapons systems (ETF 815 and ETF 8151) is further discussed in paragraph A1A.280 of this manual.

Other produced assets (ETF 82)

A1A.236.

Other produced assets (ETF 82) is further classified into:

  • inventories (ETF 821);
  • valuables (ETF 822); and
  • other produced assets (ETF 823).

Inventories (ETF 821)

A1A.237.

Inventories (ETF 821) is further classified into:

  • Inventories - materials and supplies (ETF 8211) and is further discussed in paragraph A1A.283 of this manual;
  • Inventories - work in progress (ETF 8212) and is further discussed in paragraph A1A.284 of this manual;
  • Inventories - finished goods (ETF 8213) and is further discussed in paragraph A1A.285 of this manual;
  • Inventories - goods for resale (ETF 8214) and is further discussed in paragraph A1A.286 of this manual; and
  • Inventories - military inventories (ETF 8215) and is further discussed in paragraph A1A.287 of this manual.

Valuables (ETF 822)

A1A.238

Valuables (ETF 822 and ETF 8221) is further discussed in paragraph A1A.288 of this manual.

Other produced assets (ETF 823)

A1A.239.

Other produced assets (ETF 823) is further classified into:

  • other produced assets not elsewhere classified (ETF 8239) and is further discussed in paragraph A1A.290 of this manual.

Non-produced assets (ETF 83)

Non-produced assets (ETF 83)

A1A.240

Non-produced assets (ETF 83) is further classified into:

  • tangible non-produced assets (ETF 831);
  • intangible non-produced assets (ETF 832); and
  • other non-produced assets (ETF 839).

Tangible non-produced assets (ETF 831)

A1A.241.

Tangible non-produced assets (ETF 831) is further classified into:

  • land (ETF 8311) and is further discussed in paragraph A1A.294 of this manual;
  • mineral and energy resources (ETF 8312) and is further discussed in paragraph A1A.295 of this manual;
  • non-cultivated biological resources (ETF 8313) and is further discussed in paragraph A1A.296 of this manual;
  • water resources (ETF 8314) and is further discussed in paragraph A1A.297 of this manual;
  • radio spectra (ETF 8315) and is further discussed in paragraph A1A.298 of this manual; and
  • tangible non-produced assets not elsewhere classified (ETF 8319) and is further discussed in A1A.299 of this manual.

Intangible non-produced assets (ETF 832)

A1A.242.

Intangible non-produced assets (ETF 832) is further classified into:

  • marketable operating leases (ETF 8321) and is further discussed in paragraph A1A.301 of this manual;
  • permits to use natural resources (ETF 8322) and is further discussed in paragraph A1A.302 of this manual;
  • permits to undertake specific activities (ETF 8323) and is further discussed in paragraph A1A.303 of this manual;
  • entitlement to future goods and services on an exclusive basis (ETF 8324) and is further discussed in paragraph A1A.304 of this manual;
  • goodwill and marketing assets (ETF 8325) and is further discussed in paragraph A1A.305 of this manual; and
  • intangible non-produced assets not elsewhere classified (ETF 8329) and is further discussed in paragraphs 8.142 and 8.144 of this manual.

Other non-produced assets (ETF 833)

A1A.243.

Other non-produced assets (ETF 833) is further classified into:

  • other non-produced assets not elsewhere classified (ETF 8339) and is further discussed in paragraph A1A.308 of this manual.

Financial assets (ETF 84)

A1A.244.

Financial assets (ETF 84) is further classified into:

  • currency and deposits (ETF 841);
  • securities and related assets (ETF 842);
  • loans and placements (ETF 843);
  • insurance, superannuation and standardised guarantee schemes (ETF 844); and
  • other financial assets (ETF 845).

Currency and deposits (ETF 841)

A1A.245.

Currency and deposits (ETF 841) is further classified into:

  • cash and deposits (ETF 8411) ) and is further discussed in paragraph A1A.311 of this manual;
  • Special Drawing Rights (SDRs) (ETF 8412) and is further discussed in paragraph A1A.312 of this manual;
  • monetary gold (bullion) (ETF 8413) and is further discussed in paragraph A1A.313 of this manual; and
  • monetary gold (allocated and unallocated) (ETF 8414) and is further discussed in paragraph A1A.304 of this manual.

Securities and related assets (ETF 842)

A1A.246.

Securities and related assets (ETF 842) is further classified into:

  • debt securities (ETF 8421) and is further discussed in paragraph A1A.316 of this manual;
  • financial derivatives (ETF 8422) and is further discussed in paragraph A1A.317 of this manual;
  • employee stock options (ETF 8423) and is further discussed in paragraph A1A.318 of this manual;
  • equity including contributed capital (ETF 8424) and is further discussed in paragraph A1A.319 of this manual; and
  • investment fund shares or units (ETF 8425) and is further discussed in paragraph A1A.320 of this manual.

Loans and placements (ETF 843)

A1A.247.

Loans and placements (ETF 843) is further classified into:

  • finance leases (ETF 8431) and is further discussed in paragraph A1A.322 of this manual;
  • advances - concessional loans (ETF 8432) and is further discussed in paragraph A1A.323 of this manual;
  • advances other than concessional loans (ETF 8433) and is further discussed in paragraph A1A.324 of this manual; and
  • loans and placements not elsewhere classified (ETF 8439) and is further discussed in paragraph A1A.325 of this manual.

Insurance, superannuation and standardised guarantee schemes (ETF 844)

A1A.248.

Insurance, superannuation and standardised guarantee schemes (ETF 844) is further classified into;

  • non-life insurance technical reserves (ETF 8441) and is further discussed in paragraph A1A.327 of this manual;
  • life insurance and annuities entitlements (ETF 8442) and is further discussed in paragraph A1A.328 of this manual;
  • provisions for defined benefit superannuation (ETF 8443) and is further discussed in paragraph A1A.329 of this manual;
  • claims of superannuation funds on superannuation fund manager (ETF 8444) and is further discussed in paragraph A1A.330 of this manual; and
  • provisions for calls under standardised guarantee schemes (ETF 8445) and is further discussed in paragraph A1A.331 of this manual.  

Other financial assets (ETF 845)

A1A.249.

Other financial assets (ETF 845) is further classified into:

  • provisions for employee entitlements other than superannuation (ETF 8451) and is further discussed in paragraph A1A.333 of this manual;
  • accounts receivable (ETF 8452) and is further discussed in paragraph A1A.334 of this manual; and
  • other financial assets not elsewhere classified (ETF 8459) and is further discussed in paragraph A1A.335 of this manual.

Liabilities (ETF 85)

A1A.250.

Liabilities (ETF 85) is further classified into:

  • currency and deposits (ETF 851);
  • securities and related liabilities (ETF 852);
  • loans and placements (ETF 853);
  • insurance, superannuation and standardised guarantee schemes (ETF 854); and
  • other liabilities (ETF 855).

Currency and deposits (ETF 851)

A1A.251.

Currency and deposits (ETF 851) is further classified into:

  • cash and deposits (ETF 8511) and is further discussed in paragraph A1A.338 of this manual; and
  • Special Drawing Rights (SDRs) (ETF 8512) and is further discussed in paragraph A1A.339 of this manual.

Securities and related liabilities (ETF 852)

A1A.252.

Securities and related liabilities (ETF 852) is further classified into:

  • debt securities (ETF 8521) and is further discussed in paragraph A1A.341 of this manual;
  • financial derivatives (ETF 8522) and is further discussed in paragraph A1A.342 of this manual;
  • employee stock options (ETF 8523) and is further discussed in paragraph A1A.343of this manual;
  • equity including contributed capital (ETF 8524) and is further discussed in paragraph A1A.344 of this manual; and
  • investment fund shares or units (ETF 8525) and is further discussed in paragraph A1A.345 of this manual.

Loans and placements (ETF 853)

A1A.253.

Loans and placements (ETF 853) is further classified into:

  • finance leases (ETF 8531) and is further discussed in paragraph A1A.347 of this manual;
  • advances - concessional loans (ETF 8532) and is further discussed in paragraph A1A.348 of this manual;
  • advances other than concessional loans (ETF 8533) and is further discussed in paragraph A1A.349 of this manual; and
  • loans and placements not elsewhere classified (ETF 8539) and is further discussed in paragraph A1A.350 of this manual.

Insurance, superannuation and standardised guarantee schemes (ETF 854)

A1A.254.

Insurance, superannuation and standardised guarantee schemes (ETF 854) is further classified into:

  • non-life insurance technical reserves (ETF 8541) and is further discussed in paragraph A1A.352 of this manual;
  • life insurance and annuities entitlements (ETF 8542) and is further discussed in paragraph A1A.353 of this manual;
  • provisions for defined benefit superannuation (ETF 8543) and is further discussed in paragraph A1A.354 of this manual;
  • claims of superannuation funds on superannuation manager (ETF 8544) and is further discussed in paragraph A1A.355 of this manual; and
  • provisions for calls under standardised guarantee schemes (ETF 8545) and is further discussed in paragraph A1A.356 of this manual.

Other liabilities (ETF 855)

A1A.255.

Other liabilities (ETF 855) is further classified into;

  • provisions for employee entitlements other than superannuation (ETF 8551) and is further discussed in paragraph A1A.358 of this manual;
  • accounts payable (ETF 8552) and is further discussed in paragraph A1A.359 of this manual; and
  • other liabilities not elsewhere classified (ETF 8559) and is further discussed in paragraph A1A.360 of this manual.

Net worth (ETF 86)

A1A.256.

Net worth (ETF 86) is further classified into:

  • net worth (ETF 861).

Net worth (ETF 861)

A1A.257.

Net worth (ETF 861) is further classified into:

  • net worth (ETF 8611).

Net worth (ETF 8611)

A1A.258.

Net worth (ETF 8611) consists of the total value of a unit's assets minus the total value of its liabilities.