Australia Yearbook - 2001

Chapter 27—Government finance 925
27.5 ALL AUSTRALIAN GOVERNMENTS, General Government, Operating Statement—1998–99
Commonwealth
Multijurisdictional(a)
$m
$m $m $m
$m
GFS Revenue
Taxation revenue 139 797 — 35 399 6 301 181 282
Current grants and subsidies — 4 397 31 843 1 909 276
Sales of goods and services 3 504 3 495 8 648 4 293 19 114
Interest from public non-financial
corporations 93 .. .. .. 93
Interest from public financial corporations — . . . . . . —
Interest from other 642 .. .. .. 193
Interest income n.e.c. . . 261 2 336 348 2 939
Dividend income 5126 .. .. .. ..
Other 3 044 572 12 872 2 105 20 754
Total 152 206 8 725 91 097 14 956 224 649
less
GFS Expenses
Gross operating expenses
Depreciation 2 308 580 4 363 2 894 10 144
Employee expenses 14 942 4 772 (c)37 217 3 867 (c)60 663
Other operating expenses 24 214 2 693 22 878 6 344 55 792
Total 41 465 8 045 64 458 13 105 126 599
Nominal superannuation interest expenses 2 407 — (c)2 448 — (c)4 855
Other interest expenses 8 014 20 3 373 400 11 478
Other property expenses — — 4 — 4
Current transfers
Grant expenses to State Governments 31120 .. .. .. ..
Grant expenses to the private sector 5398 .. .. .. 5398
Grant expenses to universities 4237 .. .. .. ..
Grant expenses to local governments 226 .. .. .. ..
Grant expenses n.e.c. . . 12 8 544 21 7 048
Subsidy expenses to public corporations 322 .. .. .. 322
Subsidy expenses to other 2157 .. .. .. 2157
Subsidy expenses n.e.c. . . 6 4 083 — 4 063
Other current transfers 49 020 294 1 061 110 50 029
Capital transfers
Grant expenses to public non-financial
corporations — . . . . . . . .
Grant expenses to public financial
corporations — . . . . . . . .
Grant expenses to other levels of
government 2338 .. .. .. ..
Grants to local governments .. .. 533 .. ..
Grant expenses n.e.c. . . — . . 52 2 367
Other capital transfers 479 4 2 432 11 618
Total 147 184 8 380 86 935 13 699 214 938
equals
GFS Net Operating Balance 5 022 345 4 162 1 257 9 711
less
Net acquisition of non-financial assets
Gross fixed capital formation 3 286 736 6 366 3 593 13 968
less Depreciation 2 308 580 4 363 2 894 10 144
plus Change in inventories 473 1 30 –4 500
plus Other transactions in non-financial
assets –58 26 118 32 118
Total 1 393 183 2 151 728 4 442
equals
GFS Net Lending(+)/Borrowing(–) 3 629 161 2 012 530 5 270
(a) The multi-jurisdictional sector currently contains only universities. (b) The sums of individual levels of government may not agree
with totals for all Australian governments due to transfers between levels of government. (c) Nominal superannuation interest
expenses of the Australian Capital Territory are included in employee expenses.
Source: Government Finance Statistics, Australia, 1998–99 (5512.0).
State
Local
All Australian
governments(b)