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| Jun.1999 | Jun.2000 | |
TABLE 53. Victorian Government, Public Non-financial | | | |
Corporations, Operating Statement ($m)(a) | | | |
|
GFS Revenue |
|
| |
Sales of goods and services | 3981 | 3227 | |
Current grants and subsidies | 509 | 801 | |
Capital grants | 442 | 391 | |
Interest income | 136 | 76 | |
Other | 448 | 266 | |
Total | 5516 | 4761 | |
less | | | |
GFS Expenses | | | |
Gross operating expenses | | | |
Depreciation | 601 | 464 | |
Employee expenses | 840 | 339 | |
Other operating expenses | 3454 | 2616 | |
Total | 4895 | 3419 | |
Property expenses | | | |
Dividend expenses | 836 | 578 | |
Income tax equivalent expenses | 1477 | 110 | |
Interest expenses | 236 | 167 | |
Other property expenses | 5 | 2 | |
Total | 2555 | 857 | |
Current transfers | | | |
Grant expenses | 69 | 29 | |
Tax expenses | 76 | 46 | |
Other current transfers | | | |
Capital transfers | 19 | 25 | |
Total | 7613 | 4376 | |
equals | | | |
GFS Net Operating Balance | -2098 | 385 | |
less | | | |
Net acquisition of non-financial assets | | | |
Gross fixed capital formation | 1283 | 944 | |
less Depreciation | 601 | 464 | |
plus Change in inventories | -27 | -21 | |
plus Other transactions in non-financial assets | 56 | 19 | |
Total | 711 | 478 | |
equals | | | |
GFS Net lending(+)/borrowing(-) | -2809 | -93 | |
(a) Data based on the latest published information for |
|
| |
each jurisdiction. The Victorian Government has | | | |
released post-budget data for 1999-2000, which are | | | |
not reflected in the estimates. | | | |
|