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| Jun.2002 | Jun.2003 | Jun.2004 |
Table 79. STATE AND LOCAL GENERAL GOVERNMENT CAPITAL | | | |
ACCOUNT, Current prices ($m) | | | |
|
Net saving |
4122
|
3638
|
6316
|
Consumption of fixed capital | 10091 | 10695 | 11176 |
Capital transfers | | | |
Capital transfers, receivable | 4129 | 3912 | 3425 |
less capital transfers, payable | 3530 | 2475 | 2501 |
Total net capital transfers | 599 | 1437 | 924 |
Gross saving and capital transfers | 14813 | 15770 | 18416 |
Gross fixed capital formation | | | |
Machinery and equipment | 3395 | 3518 | 3468 |
Non-dwelling construction | 9545 | 9007 | 9965 |
Intangible fixed assets | 825 | 911 | 916 |
Dwellings | 133 | 125 | 239 |
Total gross fixed capital formation | 13898 | 13561 | 14588 |
Changes in inventories | -25 | 8 | 3 |
Acquisitions less disposals of non-produced non-financial | | | |
assets | 12 | 46 | 50 |
Net lending (+) / net borrowing (-)(a) | 927 | 2155 | 3774 |
Total capital accumulation and net lending (+) / net | | | |
borrowing (-) | 14813 | 15770 | 18416 |
n.r. not recorded |
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(a) Includes part of statistical discrepancy (E) less statistical discrepancy (I). | | | |
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