ACCRUAL OPERATING RESULTS, 2010-11
The GFS net operating balance for All Levels of Government in 2010–11 was –$36,822m for the General Government sector and –$39,321m for the Total Public sector.
GFS net lending in 2010–11 was –$66,268m for the General Government sector and –$82,773m for the Total Public sector.
The following table shows 2010–11 GFS operating statement aggregates by sector across the various levels of government.
OPERATING RESULTS 2010–11 |
|
 | | General Government | Non-financial Public Sector | Total Public Sector(a) |
| | 2010–11 | 2010–11 | 2010–11 |
| | $m | $m | $m |
|
| All levels of Government | | | |
| GFS Revenue | 447 634 | 497 750 | 512 043 |
| GFS Expenses | 484 455 | 535 490 | 551 364 |
| GFS Net Operating Balance | –36 822 | –37 740 | –39 321 |
| Net acquisition of non-financial assets | 29 446 | 43 398 | 43 452 |
| GFS Net Lending(+)/Borrowing(–) | –66 268 | –81 138 | –82 773 |
| Commonwealth Government | | | |
| GFS Revenue | 308 933 | 314 952 | 321 452 |
| GFS Expenses | 354 269 | 360 290 | 365 919 |
| GFS Net Operating Balance | –45 336 | –45 338 | –44 467 |
| Net acquisition of non–financial assets | 5 954 | 7 176 | 7 183 |
| GFS Net Lending(+)/Borrowing(–) | –51 290 | –52 514 | –51 650 |
| State and Local Government | | | |
| GFS Revenue | 227 028 | 270 819 | 278 664 |
| GFS Expenses | 220 755 | 265 494 | 275 789 |
| GFS Net Operating Balance | 6 273 | 5 325 | 2 875 |
| Net acquisition of non–financial assets | 21 980 | 34 719 | 34 765 |
| GFS Net Lending(+)/Borrowing(–) | –15 707 | –29 393 | –31 890 |
| Multi-jurisdictional(b) | | | |
| GFS Revenue | 21 128 | 22 050 | 22 050 |
| GFS Expenses | 20 110 | 21 000 | 21 000 |
| GFS Net Operating Balance | 1 019 | 1 050 | 1 050 |
| Net acquisition of non-financial assets | 1 512 | 1 504 | 1 504 |
| GFS Net Lending(+)/Borrowing(–) | –493 | –454 | –454 |
|
| (a) The Total Public Sector comprises General Government, Public Non-Financial Corporations and Public Financial Corporations. The sum of individual levels of government or sectors may not agree with the Total Public Sector figures due to transfers between levels of government. |
| (b) The Multi-jurisdictional sector contains units where jurisdiction is shared between two or more governments, or classification of a unit to a jurisdiction is otherwise unclear. The main types of units currently falling into this category are the public universities. |
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