Latest release

The economic type framework

Australian System of Government Finance Statistics: Concepts, Sources and Methods
Reference period
2015
Released
23/12/2015
Next release Unknown
First release
A1A.5.

The economic type framework (ETF) is the primary framework that is used to classify flows (transactions, holding gains and losses and other volume changes) and stocks (assets and liabilities) according to their economic nature in GFS. The structure of the ETF is hierarchical, and consists of a 1-digit level (division), a 2-digit level (subdivision), a 3-digit level (group), and a 4-digit level (class). The divisions reflect the primary financial statements of the government at the broadest level and the subdivisions describe the major components that form part of each financial statement. Each group and class details the assets, liabilities, revenues and expenses which comprise each subdivision. The divisions are comprised of:

  • revenue and expenses (ETF 1);
  • statement of sources and uses of cash (ETF 2);
  • transactions in financial assets and liabilities (ETF 3);
  • transactions in non-financial assets (excluding depreciation) (ETF 4);
  • other economic flows of assets and liabilities (ETF 5);
  • intra-unit transfers (ETF 6);
  • supplementary information (ETF 7); and
  • balance sheet (ETF 8).

 

A1A.6.

The ETF is shown in Table A1A.5 below.

Table A1A.5 - Economic Type Framework

Descriptor

Classification codes

REVENUE AND EXPENSES

ETF 1

Revenue

ETF 11

Taxation revenue

ETF 111

Taxes on income

ETF 1111

TC

SDC

Other current taxes

ETF 1112

TC

SDC

Taxes on products

ETF 1113

TC

SDC

Other taxes on production

ETF 1114

TC

SDC

Capital taxes

ETF 1115

TC

SDC

Sales of goods and services

ETF 112

Sales by market establishments

ETF 1121

COFOG-A

SDC

Administrative fees

ETF 1122

COFOG-A

SDC

Incidental sales by non-market establishments

ETF 1123

COFOG-A

SDC

Imputed sales of goods and services

ETF 1124

COFOG-A

SDC

Property income

ETF 113

Interest income

ETF 1131

SDC

Dividend income (including tax equivalents)

ETF 1132

SDC

Withdrawals from income of quasi-corporations

ETF 1133

SDC

Land rent income

ETF 1134

SDC

Royalty income

ETF 1135

SDC

Revenue from investment funds

ETF 1136

SDC

Reinvested earnings on foreign direct investment

ETF 1137

SDC

Property income not elsewhere classified

ETF 1139

SDC

Other current revenue

ETF 114

Revenue from current grants and subsidies

ETF 1141

SDC

Fines, penalties and forfeits

ETF 1142

SDC

Premiums, fees and current claims related to non-life insurance and standardised guarantee schemes

ETF 1143

SDC

Other current revenue not elsewhere classified

ETF 1149

SDC

Capital revenue

ETF 115

Revenue from capital grants

ETF 1151

SDC

Assets acquired below market value

ETF 1152

TALC

COFOG-A

SDC

Capital claims related to non-life insurance and standardised guarantee schemes

ETF 1153

SDC

Capital revenue not elsewhere classified

ETF 1159

SDC

Expenses

ETF 12

Superannuation expenses

ETF 121

Superannuation expenses - defined contribution scheme

ETF 1211

COFOG-A

SDC

Superannuation expenses - defined benefit scheme

ETF 1212

COFOG-A

SDC

Imputed employers' contributions - defined benefit scheme

ETF 1213

COFOG-A

SDC

Other employee expenses

ETF 122

Wages, salaries and supplements in cash

ETF 1221

COFOG-A

SDC

Wages and salaries in kind

ETF 1222

COFOG-A

SDC

Fringe Benefits Tax (FBT) expenses

ETF 1223

COFOG-A

SDC

Workers' compensation expenses

ETF 1224

COFOG-A

SDC

Other employee expenses not elsewhere classified

ETF 1229

COFOG-A

SDC

Non-employee expenses

ETF 123

Production tax expenses

ETF 1231

COFOG-A

TC

SDC

Social benefits to households in goods and services

ETF 1232

COFOG-A

SDC

Use of goods and services

ETF 1233

COFOG-A

SDC

Non-employee expenses not elsewhere classified

ETF 1239

COFOG-A

SDC

Depreciation

ETF 124

Depreciation of fixed produced assets (non-defence)

ETF 1241

TALC

COFOG-A

Depreciation of fixed produced assets (defence)

ETF 1242

TALC

COFOG-A

Current transfer expenses

ETF 125

Current grant expenses

ETF 1251

COFOG-A

SDC

Subsidies on products

ETF 1252

COFOG-A

SDC

Other subsidies on production

ETF 1253

COFOG-A

SDC

Current monetary transfers to households

ETF 1254

COFOG-A

SDC

Tax expenses

ETF 1255 COFOG-A

TC

SDC

Premiums, fees and current claims related to non-life insurance and standardised guarantee schemes

ETF 1256

COFOG-A

SDC

Current transfer expenses not elsewhere classified

ETF 1259

COFOG-A

SDC

Capital transfer expenses

ETF 126

Capital grant expenses

ETF 1261

COFOG-A

SDC

Assets donated

ETF 1262

TALC

COFOG-A

SDC

Capital claims related to non-life insurance and standardised guarantee schemes

ETF 1263

COFOG-A

SDC

Capital transfer expenses not elsewhere classified

ETF 1269

COFOG-A

SDC

Interest expenses

ETF 127

Interest on defined benefit superannuation

ETF 1271

COFOG-A

SDC

Interest expenses not elsewhere classified

ETF 1279

COFOG-A

SDC

Other property expenses

ETF 128

Income transferred by public corporations as dividends (including tax equivalents) 

ETF 1281

COFOG-A

SDC

Withdrawal from income of quasi-corporations

ETF 1282

COFOG-A

SDC

Land rent and royalty expenses

ETF 1283

COFOG-A

SDC

Dividends to shareholders

ETF 1284

COFOG-A

SDC

Reinvested earnings on foreign direct investment

ETF 1285

COFOG-A

SDC

Property expense for investment income disbursements

ETF 1286

COFOG-A

SDC

Other property expenses not elsewhere classified

ETF 1289

COFOG-A

SDC

STATEMENT OF SOURCES AND USES OF CASH

ETF 2

Cash flows from operating activities

ETF 21

Cash receipts from operating activities

ETF 211

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

Cash receipts from operating activities not elsewhere classified

ETF 2119

SDC

Cash payments for employee expenses

ETF 212

Cash paid for employee superannuation - defined contribution schemes

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

Cash payments for employee expenses not elsewhere classified

ETF 2129

SDC

Cash payments for non-employee expenses

ETF 213

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

Cash payments for non-employee expenses not elsewhere classified

ETF 2139

SDC

Cash flows from transactions in non-financial assets

ETF 22

Expenditure on non-financial assets (net)

ETF 221

Purchases of new non-financial assets

ETF 2211

SDC

Purchases of second-hand non-financial assets

ETF 2212

SDC

Sales of non-financial  assets

ETF 2213

SDC

Cash flows from transactions in financial assets for policy purposes

ETF 23

Advances paid (net)

ETF 231

Advances paid - concessional loans

 

ETF 2311

SDC

Advances paid other than concessional loans

 

ETF 2312

SDC

Repayments of advances 

ETF 2313

SDC

Equity acquisitions, disposals and sale of equity (net)

ETF 232

Equity acquisitions

ETF 2321

SDC

Equity disposals and sale of equity

ETF 2322

SDC

Cash flows from investments in financial assets for liquidity management purposes

ETF 24

Increase in investments

ETF 241

Increase in investments

ETF 2411

SDC

Cash flows from financing activities

ETF 25

Advances received (net)

ETF 251

Advances received - concessional loans

ETF 2511

SDC

Advances received other than concessional loans

ETF 2512

SDC

Advances repaid

ETF 2513

SDC

Borrowing (net)

ETF 252

Borrowing (net)

ETF 2521

SDC

Deposits received

ETF 253

Increase in deposits received

ETF 2531

SDC

Other financing (net)

ETF 259

Other financing not elsewhere classified (net)

ETF 2599

SDC

Increase / (decrease) in cash held

ETF 26

Increase / (decrease) in cash held

ETF 261

Increase / (decrease) in cash held

ETF 2611

SDC

TRANSACTIONS IN FINANCIAL ASSETS AND LIABILITIES

ETF 3

Transactions in financial assets (net)

ETF 31

Transactions in financial assets (net)

ETF 311

Transactions in financial assets (net)

ETF 3111

TALC

SDC

Transactions in liabilities (net)

ETF 32

Transactions in liabilities (net)

ETF 321

Transactions in liabilities (net)

ETF 3211

TALC

SDC

TRANSACTIONS IN NON-FINANCIAL ASSETS

ETF 4

Acquisitions of non-financial assets

ETF 41

Acquisitions of non-financial assets

ETF 411

Change in inventories

ETF 4111

TALC

COFOG-A

Acquisitions of non-financial assets under new finance leases

ETF 4112

TALC

COFOG-A

SDC

Own-account capital formation

ETF 4113

TALC

COFOG-A

Acquisitions of other new non-financial assets

ETF 4114

TALC

COFOG-A

SDC

Acquisitions of second-hand non-financial assets

ETF 4115

TALC

COFOG-A

SDC

Costs of ownership transfer on non-produced assets other than land

ETF 4116

TALC

COFOG-A

SDC

Disposals of non-financial assets

ETF 42

Disposals of non-financial assets

ETF 421

Disposals of non-financial assets (excluding depreciation)

ETF 4211

TALC

COFOG-A

SDC

Reductions in non-financial assets due to depreciation

ETF 4212

TALC

OTHER ECONOMIC FLOWS OF ASSETS AND LIABILITIES

ETF 5

Holding gains and losses (revaluations)

ETF 51

Holding gains and losses (revaluations)

ETF 511

Holding gains and losses on financial assets

ETF 5111

TALC

Holding gains and losses on non-financial assets

ETF 5112

TALC

Holding gains and losses on liabilities

ETF 5113

TALC

Change in net worth due to holding gains and losses

ETF 512

Change in net worth due to holding gains and losses

ETF 5121

Other changes in volume

ETF 52

Other changes in volume

ETF 521

Other changes in the volume of financial assets

ETF 5211

TALC

Other changes in the volume of non-financial assets

ETF 5212

TALC

Other changes in the volume of liabilities

ETF 5213

TALC

Change in net worth due to other changes in volume

ETF 522

Change in net worth due to other changes in volume

ETF 5221

INTRA-UNIT TRANSFERS

ETF 6

Intra-unit transfers

ETF 60

Intra-unit transfers

ETF 600

Intra-unit payments

ETF 6001

Intra-unit receipts

ETF 6002

SUPPLEMENTARY INFORMATION

ETF 7

Memorandum items - balance sheet

ETF 71

Implicit transfers

ETF 711

Implicit transfers receivable from concessional loans

ETF 7111

Implicit transfers payable due to concessional loans

ETF 7112

Liabilities in arrears and related charges

ETF 712

Total arrears

ETF 7121

Interest on arrears

ETF 7122

Non-performing loans

ETF 713

Non-performing loans at market value

ETF 7131

Contingent liabilities

ETF 72

Explicit contingent liabilities

ETF 721

Loan and other debt instrument guarantees

ETF 7211

Other one-off guarantees

ETF 7212

Legal claims

ETF 7213

Indemnities

ETF 7214

Uncalled share capital

ETF 7215

Explicit contingent liabilities not elsewhere classified

ETF 7219

Implicit contingent liabilities

ETF 722

Present value of implicit obligations for future social security benefits

ETF 7221

Implicit contingent liabilities not elsewhere classified

ETF 7229

Provisions for doubtful debts

ETF 73

Provisions for doubtful debts

ETF 731

Provisions for doubtful debts

ETF 7311

TALC

SDC

Debt maturity

ETF 74

Debt by maturity valued at market value

ETF 741

Short-term debt by original maturity valued at market value

ETF 7411

TALC

SDC

Long-term debt with payment due within one year or less valued at market value

ETF 7412

TALC

SDC

Long-term debt with payment due in more than one year valued at market value

ETF 7413

TALC

SDC

Salary sacrifice expenses

ETF 75

Salary sacrifice expenses

ETF 751

Salary sacrifice expenses - superannuation

ETF 7511

SDC

Salary sacrifice expenses not elsewhere classified

ETF 7519

SDC

Own-account capital formation

ETF 76

Own-account superannuation payments

ETF 761

Own-account actual employers' contributions - defined contribution scheme

ETF 7611

TALC

COFOG-A

Own-account actual employers' contributions - defined benefit scheme

ETF 7612

TALC

COFOG-A

Own-account imputed employers' contributions - defined benefit scheme

ETF 7613

TALC

COFOG-A

Own-account employee payments other than superannuation

ETF 762

Own-account wages, salaries and supplements in cash

ETF 7621

TALC

COFOG-A

Own-account wages and salaries in kind

ETF 7622

TALC

COFOG-A

Own-account salary sacrifice payments - superannuation

ETF 7623

TALC

COFOG-A

Own-account salary sacrifice payments - items other than superannuation

ETF 7624

TALC

COFOG-A

Own-account Fringe Benefits Tax (FBT) payments

ETF 7625

TALC

COFOG-A

Own-account workers' compensation payments

ETF 7626

TALC

COFOG-A

Own-account employee payments not elsewhere classified

ETF 7629

TALC

COFOG-A

Own-account non-employee payments

ETF 763

Own-account use of goods and services

ETF 7631

TALC

COFOG-A

Own-account depreciation of fixed produced assets

ETF 7632

TALC

COFOG-A

Own-account taxes on production less other subsidies on production

ETF 7633

TALC

COFOG-A

Own-account non-employee payments not elsewhere classified

ETF 7639

TALC

COFOG-A

BALANCE SHEET

ETF 8

NON-FINANCIAL ASSETS

Fixed Produced assets

ETF 81

Buildings and structures

ETF 811

 Dwellings

ETF 8111

 Buildings other than dwellings

ETF 8112

 Land improvements

ETF 8113

 Structures not elsewhere classified

ETF 8119

Machinery and equipment

ETF 812

 Transport equipment

ETF 8121

 Information, computer and telecommunications equipment

ETF 8122

 Machinery and equipment not elsewhere classified

ETF 8129

Cultivated biological resources

ETF 813

 Animal resources yielding repeat products

ETF 8131

 Tree, crop and plant resources yielding repeat products

ETF 8132

Intellectual property products

ETF 814

 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

 Intellectual property products not elsewhere classified

ETF 8149

Weapons systems

ETF 815

 Weapons systems

ETF 8151

Other produced assets

ETF 82

Inventories

ETF 821

 Inventories - materials and supplies

ETF 8211

 Inventories - work in progress

ETF 8212

 Inventories - finished goods

ETF 8213

 Inventories - goods for resale

ETF 8214

 Military inventories

ETF 8215

Valuables

ETF 822

 Valuables

ETF 8221

Other produced assets

ETF 823

 Other produced assets not elsewhere classified

ETF 8239

Non-produced assets

ETF 83

Tangible non-produced assets

ETF 831

 Land

ETF 8311

 Mineral and energy resources

ETF 8312

 Non-cultivated biological resources

ETF 8313

 Water resources

ETF 8314

 Radio spectra

ETF 8315

 Tangible non-produced assets not elsewhere classified

ETF 8319

Intangible non-produced assets

ETF 832

 Marketable operating leases

ETF 8321

 Permits to use natural resources

ETF 8322

 Permits to undertake specific activities

ETF 8323

 Entitlement to future goods and services on an exclusive basis

ETF 8324

 Goodwill and marketing assets

ETF 8325

 Intangible non-produced assets not elsewhere classified

ETF 8329

Other non-produced assets

ETF 833

 Other non-produced assets not elsewhere classified

ETF 8339

FINANCIAL ASSETS AND LIABILITIES

Financial assets

ETF 84

SDC

Currency and deposits

ETF 841

SDC

 Cash and deposits

ETF 8411

SDC

 Special Drawing Rights (SDRs)

ETF 8412

SDC 130

 Monetary gold (bullion)

ETF 8413

 Monetary gold (allocated and unallocated)

ETF 8414

SDC 130

Securities and related assets

ETF 842

SDC

 Debt securities

ETF 8421

SDC

 Financial derivatives

ETF 8422

SDC

 Employee stock options

ETF 8423

SDC

 Equity including contributed capital

ETF 8424

SDC

 Investment fund shares or units

ETF 8425

SDC

Loans and placements

ETF 843

SDC

 Finance leases

ETF 8431

SDC

 Advances - concessional loans

ETF 8432

SDC

 Advances other than concessional loans

ETF 8433

SDC

 Loans and placements not elsewhere classified

ETF 8439

SDC

Insurance, superannuation, and standardised guarantee schemes

ETF 844

SDC

 Non-life insurance technical reserves

ETF 8441

SDC

 Life insurance and annuities entitlements

ETF 8442

SDC

 Provisions for defined benefit superannuation*

ETF 8443

SDC

 Claims of superannuation funds on superannuation manager

ETF 8444

SDC

 Provisions for calls under standardised guarantee schemes

ETF 8445

SDC

Other financial assets

ETF 845

SDC

 Provisions for employee entitlements other than superannuation*

ETF 8451

SDC

 Accounts receivable

ETF 8452

SDC

 Other financial assets not elsewhere classified

ETF 8459

SDC

Liabilities

ETF 85

SDC

Currency and deposits

ETF 851

SDC

 Cash and deposits

ETF 8511

SDC

 Special Drawing Rights (SDRs)

ETF 8512

SDC

Securities and related liabilities

ETF 852

SDC

 Debt securities

ETF 8521

SDC

 Financial derivatives

ETF 8522

SDC

 Employee stock options

ETF 8523

SDC

 Equity including contributed capital

ETF 8524

SDC

 Investment fund shares or units

ETF 8525

SDC

Loans and placements

ETF 853

SDC

 Finance leases

ETF 8531

SDC

 Advances - concessional loans

ETF 8532

SDC

 Advances other than concessional loans

ETF 8533

SDC

 Loans and placements not elsewhere classified

ETF 8539

SDC

Insurance, superannuation, and standardised guarantee schemes

ETF 854

SDC

 Non-life insurance technical reserves

ETF 8541

SDC

 Life insurance and annuities entitlements

ETF 8542

SDC

 Provisions for defined benefit superannuation

ETF 8543

SDC

 Claims of superannuation funds on superannuation manager

ETF 8544

SDC

 Provisions for calls under standardised guarantee schemes

ETF 8545

SDC

Other liabilities

ETF 855

SDC

 Provisions for employee entitlements other than superannuation

ETF 8551

SDC

 Accounts payable

ETF 8552

SDC

 Other liabilities not elsewhere classified

ETF 8559

SDC

NET WORTH

Net worth

ETF 86

Net worth

ETF 861

 Net worth

ETF 8611