Latest release

Acquisitions of non-financial assets (ETF 41)

Australian System of Government Finance Statistics: Concepts, Sources and Methods
Reference period
2015
Released
23/12/2015
Next release Unknown
First release
A1A.144

Acquisitions of non-financial assets (ETF 41) consists of the total value of non-financial assets acquired in transactions during the reporting period. This category is further classified into:

  • acquisitions of non-financial assets (ETF 411).

Acquisitions of non-financial assets (ETF 411)

A1A.145.

Acquisitions of non-financial assets (ETF 411) consists of the total value of non-financial assets acquired in transactions during the reporting period. This category is further classified into:

  • change in inventories (ETF 4111, TALC, COFOG-A);
  • acquisitions of non-financial assets under new finance leases (ETF 4112, TALC, COFOG-A);
  • own-account capital formation (ETF 4113, TALC, COFOG-A);
  • acquisitions of other new non-financial assets (ETF 4114, TALC, COFOG-A);
  • acquisitions of second-hand non-financial assets (ETF 4115, TALC, COFOG-A); and
  • costs of ownership transfer on non-produced assets other than land (ETF 4116, TALC, COFOG-A).

Change in inventories (ETF 4111, TALC, COFOG-A)

A1A.146.

Change in inventories (ETF 4111, TALC, COFOG-A) consists of the value of additions to inventories minus the value of withdrawals from inventories minus the value of any recurrent losses of goods held in inventories during the reporting period.

Acquisitions of non-financial assets under new finance leases (ETF 4112, TALC, COFOG-A, SDC)

A1A.147.

Acquisitions of non-financial assets under new finance leases (ETF 4112, TALC, COFOG-A, SDC) consists of the value of non-financial assets acquired under finance leases during the reporting period.

Own-account capital formation (ETF 4113, TALC, COFOG-A)

A1A.148.

Own-account capital formation (ETF 4113, TALC, COFOG-A) consists of the value of non-financial assets produced for own use. Further detailed information on own-account capital formation is recorded under own-account capital formation (ETF 76).

Acquisitions of other new non-financial assets (ETF 4114, TALC, COFOG-A, SDC)

A1A.149.

Acquisitions of other new non-financial assets (ETF 4114, TALC, COFOG-A, SDC) consists of the value of non-financial assets acquired during the reporting period other than those acquired under finance leases.

Excludes:   Non-financial assets acquired under finance leases (classified to acquisition of non-financial assets under new finance leases (ETF 4112, TALC, COFOG-A, SDC)).

Acquisitions of second-hand non-financial assets (ETF 4115, TALC, COFOG-A, SDC)

A1A.150.

Acquisitions of second-hand non-financial assets (ETF 4115, TALC, COFOG-A, SDC) consists of the value of second-hand non-financial assets acquired during the reporting period.

Costs of ownership transfer on non-produced assets other than land (ETF 4116, TALC, COFOG-A, SDC)

A1A.151.

Costs of ownership transfer on non-produced assets other than land (ETF 4116, TALC, COFOG-A, SDC) consists of the costs associated with acquiring and disposing of non-produced assets other than land.

Includes:   All professional charges or commission incurred by both units acquiring or disposing of an asset such as fees paid to lawyers, architects, surveyors, engineers and valuers and commissions paid to estate agents and auctioneers; any trade and transport costs separately invoiced to the purchaser; all taxes payable by the unit acquiring the asset on the transfer of ownership of the asset; any tax payable on the disposal of an asset; any delivery and installation or disinstallation costs not included in the price of the asset being acquired or disposed of; any terminal costs incurred at the end of an asset’s life such as those required to render the structure safe or to restore the environment in which it is situated.

Excludes:   Costs of ownership transfer on land (classified to either change in inventories (ETF 4111), acquisitions of non-financial assets under new finance leases (ETF 4112), own-account capital formation (ETF 4113), acquisitions of other new non-financial assets (ETF 4114) or acquisitions of second-hand non-financial assets (ETF 4115), land improvements (TALC 113), COFOG-A, SDC).