Latest release

Cash flows from transactions in financial assets for policy purposes (ETF 23)

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

Advances paid (net) (ETF 231)

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).

Advances paid - concessional loans (ETF 2311, SDC)

A1A.112

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

Advances paid other than concessional loans (ETF 2312, SDC)

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.

Repayments of advances (ETF 2313, SDC)

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)).

Equity, acquisitions, disposals and sale of equity (net) (ETF 232)

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).

Equity acquisitions (ETF 2321, 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.

Equity disposals and sale of equity (ETF 2322, SDC)

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.