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This section sets out the Operating Statement, Cash Flow Statement and Balance Sheet for the total public sector for local governments. The Australian Capital Territory has no separate local government.

Operating Statement

Table 27.13 summarises the net operating results for the total public sector for local governments for 2001-02.

27.13 LOCAL GOVERNMENTS, Total public sector: Operating Statement - 2001-02
			NSW	Vic.	Qld	SA	WA	Tas.	NT	ACT(a)	Total(b)
			$m	$m	$m	$m	$m	$m	$m	$m	$m
GFS Revenue
	Taxation revenue		2,260	1,640	1,329	589	707	175	48	. .	6,749
	Current grants and subsidies		537	585	486	147	280	69	50	. .	2,154
	Sales of goods and services		2,037	753	2,159	204	356	195	59	. .	5,762
	Interest income		187	44	76	13	39	10	4	. .	372
	Other		959	640	665	45	220	32	18	. .	2,579
	Total		5,980	3,662	4,714	998	1,602	481	179	. .	17,617
less
GFS Expenses
	Gross operating expenses
		Depreciation	1,141	663	1,048	248	382	131	54	. .	3,667
		Employee expenses	2,003	1,185	1,394	319	521	146	67	. .	5,636
		Other operating expenses	2,173	1,675	1,576	410	547	196	144	. .	6,720
		Total	5,317	3,523	4,018	977	1,450	474	265	. .	16,023
	Property expenses
		Other interest expenses	95	39	230	26	13	15	1	. .	419
		Income tax equivalent expenses	-	-	12	-	-	-	-	. .	12
	Current transfers
		Grant expenses	-	-	-	6	12	-	-	. .	18
		Tax expenses	7	-	16	-	5	-	-	. .	28
		Other current transfers	64	-	2	-	6	9	-	. .	81
	Capital transfers
		Grant expenses	-	-	16	-	-	-	2	. .	17
		Other capital transfers	-	-	9	-	-	-	-	. .	9
	Total		5,482	3,562	4,303	1,010	1,486	498	267	. .	16,609
equals
GFS Net Operating Balance			498	100	411	-12	116	-16	-88	. .	1,009
less
Net acquisition of non-financial assets
	Gross fixed capital formation		1,350	906	1,345	273	480	135	43	. .	4,532
	less Depreciation		1,141	663	1,048	248	382	131	54	. .	3,667
	plus Change in inventories		-4	-	-7	-	-	-	-	. .	-10
	plus Other transactions in non-financial assets		111	-13	31	4	-1	-2	-	. .	130
	Total		316	230	322	29	98	2	-11	. .	985
equals
GFS Net Lending(+)/Borrowing(-)			182	-130	89	-41	18	-18	-77	. .	23
(a) The ACT has no separate local government. (b) The sums of local governments at the state level may not equal the total local figure, due to transfers between jurisdictions.
Source: Government Finance Statistics, Australia, 2001-02 (5512.0).

27.14 LOCAL GOVERNMENTS, Total public sector: Cash Flow Statement - 2001-02
		NSW	Vic.	Qld	SA	WA	Tas.	NT	ACT(a)	Total(b)
		$m	$m	$m	$m	$m	$m	$m	$m	$m
CASH FLOW STATEMENT
Cash receipts from operating activities
	Taxes received	2,228	1,676	1,319	587	709	169	45	. .	6,733
	Receipts from sales of goods and services	2,100	753	2,019	236	371	218	91	. .	5,788
	Grants and subsidies received	652	632	820	203	357	87	117	. .	2,866
	Other receipts	851	403	559	12	156	44	5	. .	2,030
	Total	5,830	3,464	4,717	1,038	1,593	518	257	. .	17,417
Cash payments for operating activities
	Payments for goods and services	-4,457	-2,799	-3,149	-742	-1,114	-339	-196	. .	-12,795
	Grants and subsidies paid	-	-	-	-9	-18	-	-	. .	-27
	Interest paid	-94	-40	-224	-27	-14	-16	-1	. .	-415
	Other payments	-71	-51	-	4	-6	-13	-	. .	-137
	Total	-4,622	-2,890	-3,374	-773	-1,152	-368	-197	. .	-13,375
Net cash flows from operating activities		1,208	574	1,344	264	441	150	61	. .	4,042
Net cash flows from investments in non-financial assets
	Sales of non-financial assets	300	106	78	44	56	12	2	. .	598
	Purchases of new non-financial assets	-1,442	-761	-1,203	-304	-495	-135	-43	. .	-4,383
	Purchases of secondhand non-financial assets	-	-	-1	-	-2	-	-	. .	-4
	Total	-1,142	-656	-1,125	-260	-441	-123	-41	. .	-3,788
Net cash flows from investments in financial assets for policy purposes		1	-	-	-2	-	-	1	. .	-
Net cash flows from investments in financial assets for liquidity purposes		-19	-	-23	-	-1	9	-	. .	-33
Net cash flows from financing activities
	Advances received (net)	-	3	-	4	-	9	-	. .	15
	Borrowing (net)	-26	-15	-20	-16	54	4	-3	. .	-20
	Deposits received (net)	-	-	-	21	-1	-	-	. .	21
	Other financing (net)	232	94	-36	-8	-38	-57	-17	. .	169
	Total	206	82	-56	3	15	-44	-20	. .	184
Net Increase(+) /Decrease(-) in Cash Held		254	-	140	5	15	-8	-	. .	405
SURPLUS(+)/DEFICIT(-)
Net cash flows from operating activities and net cash flows from investments in non-financial assets		66	-82	218	5	-	27	20	. .	254
Acquisitions of assets under finance leases and similar arrangements		-59	-	-	-1	-	-	-	. .	-60
Surplus(+)/Deficit(-)		8	-82	218	4	-	27	20	. .	194
(a) The ACT has no separate local government. (b) The sums of local governments at the state level may not equal the total local figure, due to transfers between jurisdictions. Note: Negative figures denote outflows.
Source: Government Finance Statistics, Australia, 2001-02 (5512.0).

27.15 LOCAL GOVERNMENTS, Total public sector: Balance Sheet - 30 June 2002
			NSW	Vic.	Qld	SA	WA	Tas.	NT	ACT(a)	Total(b)
			$m	$m	$m	$m	$m	$m	$m	$m	$m
Assets
	Financial assets
		Cash and deposits	232	513	1,245	18	207	43	57	. .	2,315
		Advances paid	-	7	-	-	-	4	-	. .	11
		Investments, loans and placements	3,660	503	265	33	443	120	48	. .	5,073
		Other non-equity assets	634	600	436	76	163	45	14	. .	1,967
		Equity	-	-	-	12	-	-	-	. .	12
		Total	4,525	1,623	1,946	138	813	212	119	. .	9,377
	Non-financial assets
		Land and fixed assets	63,747	31,090	33,914	8,481	10,744	4,251	887	. .	153,115
		Other non-financial assets	988	-	-	-	16	10	4	. .	1,017
		Total	64,735	31,090	33,914	8,481	10,759	4,261	890	. .	154,132
	Total		69,260	32,714	35,860	8,620	11,573	4,474	1,010	. .	163,509
Liabilities
	Deposits held		-	62	-	79	-	3	-	. .	144
	Advances received		12	2	-	14	-	-	-	. .	29
	Borrowing		1,411	596	2,970	135	223	208	6	. .	5,548
	Unfunded superannuation liability and other employee entitlements		738	285	391	74	85	32	9	. .	1,614
	Other provisions		112	-	12	9	2	6	-	. .	142
	Other non-equity liabilities		691	405	339	102	177	40	34	. .	1,788
	Total		2,965	1,350	3,713	412	488	289	49	. .	9,266
Shares and other contributed capital			1	-	-	-	-	-3	-	. .	-2
GFS Net Worth			66,294	31,363	32,148	8,207	11,085	4,188	961	. .	154,246
Net debt(c)			-2,468	-363	1,460	177	-428	44	-100	. .	-1,677
Net financial worth(d)			1,559	273	-1,767	-274	325	-73	71	. .	114
(a) The ACT has no separate local government. (b) The sums of local governments at the state level may not equal the total local figure, due to assets and liabilities held between jurisdictions. (c) Equals deposits held, advances received and borrowing less cash and deposits, advances paid, and investments, loans and placements. (d) Equals total financial assets less total liabilities less shares and other contributed capital.
Source: Government Finance Statistics, Australia, 2001-02 (5512.0).