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Australia Yearbook - 2001

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Chapter 27—Government finance 927<br />

27.7 ALL AUSTRALIAN GOVERNMENTS, General Government, Balance Sheet—30 June 1999<br />

Commonwealth<br />

Multijurisdictional(a)<br />

$m<br />

$m $m $m<br />

$m<br />

Assets<br />

Financial Assets<br />

Cash and deposits 1 875 617 5 746 1 803 10 039<br />

Advances paid 16 065 12 5 720 7 15 315<br />

Investments, loans and placements 8 178 3 713 19 151 4 122 35 134<br />

Other non-equity assets 5 706 2 446 7 786 1 299 15 463<br />

Equity 100 643 382 111 651 280 212 956<br />

Total 132 468 7 170 150 054 7 512 288 908<br />

Non-financial assets<br />

Land and fixed assets 51 905 15 718 184 040 130 735 382 399<br />

Other non-financial assets 1 615 20 2 194 967 4 796<br />

Total 53 520 15 739 186 234 131 702 387 195<br />

State<br />

Local<br />

All <strong>Australia</strong>n<br />

governments(b)<br />

Total 185 988 22 908 336 289 139 214 676 103<br />

Liabilities<br />

Deposits held 559 50 1 254 217 2 078<br />

Advances received — 70 5 715 44 . .<br />

Borrowing 96 129 265 37 413 5 855 138 973<br />

Unfunded superannuation liability and other<br />

employee entitlements 74 710 3 671 49 469 1 381 129 231<br />

Other provisions 4 340 143 362 98 4 943<br />

Other non-equity liabilities 11 302 1 102 11 481 1 543 23 653<br />

Total 187 041 5 301 105 694 9 138 298 878<br />

GFS Net Worth –1 053 17 608 230 594 130 076 377 225<br />

Net debt(c) 70 570 –3 957 13 765 184 80 562<br />

(a) The multi-jurisdictional sector currently contains only universities. (b) The sums of individual levels of government may not agree<br />

with totals for all <strong>Australia</strong>n governments due to transfers between levels of government. (c) Equals deposits held, advances<br />

received and borrowing, less cash and deposits, advances paid and investments, loans and placements.<br />

Source: Government Finance Statistics, <strong>Australia</strong>, 1998–99 (5512.0)<br />

Balance Sheet<br />

Table 27.7 provides the Balance Sheet as at<br />

30 June 1999 for the general government sector.<br />

The consolidated GFS Net Worth as at 30 June<br />

1999 for the general government sector for all<br />

<strong>Australia</strong>n governments combined was<br />

$377,225m. The major contributor to this result<br />

was land and fixed assets.<br />

Total public sector, State<br />

Governments<br />

This section sets out the Operating Statement,<br />

Cash Flow Statement and Balance Sheet for the<br />

total public sector for all State Governments.<br />

Operating Statement<br />

Table 27.8 summarises the net operating results<br />

for the total public sector for all State<br />

Governments for 1998–99.<br />

Cash Flow Statement<br />

Table 27.9 summarises the cash operating results<br />

for 1998–99 for the total public sector for all State<br />

Governments.<br />

Balance Sheet<br />

Table 27.10 summarises the Balance Sheet results<br />

as at 30 June 1999 for the total public sector for<br />

all State Governments.

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