8155.0 - Australian Industry, 2012-13 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 28/05/2014   
   Page tools: Print Print Page Print all pages in this productPrint All

APPENDIX EXPERIMENTAL ESTIMATES FOR AUXILIARY FINANCE AND INSURANCE SERVICES


OVERVIEW

1 This appendix contains experimental estimates for ANZSIC Subdivision 64 Auxiliary finance and insurance services for 2010-11, 2011-12 and 2012-13.

2 The reference period, scope, coverage and survey design for the experimental estimates in this appendix are the same as those found throughout this publication. Further details can be found in the Explanatory Notes.

3 The methodology for creating these experimental estimates is the same as for other industries in this publication. See Technical Note: Estimation Methodology for detailed information.

4 The data quality of this time series is susceptible to sampling and non-sampling errors, as per Technical Note: Data Quality. The relative standard errors for the 2012-13 experimental estimates for ANZSIC Subdivision 64 Auxiliary finance and insurance services are sales and service income (3.4%), total income (2.7%), wages and salaries (2.3%), total expenses (3.4%), employment (3.1%) and industry value added (3.3%).

5 The estimates in this appendix are considered experimental are subject to evaluation and therefore should be used with caution.


Key data, Auxiliary finance and insurance services

Employment
at end
of June(a)
Wages
and
salaries(b)
Sales
and
service
income(c)
Total
income
Total
expenses
Operating
profit
before tax
Earnings before
interest tax
depreciation
and
amortisation
Industry
value
added(d)
'000
$m
$m
$m
$m
$m
$m
$m

Financial and insurance services
2010-11
152
11 363
38 369
51 472
37 847
^13 767
7 901
21 281
2011-12
156
11 929
39 788
47 530
38 863
^8 763
^7 390
21 640
2012-13
144
11 179
37 957
47 489
36 325
11 137
7 236
20 650

^ estimate has a relative standard error of 10% to less than 25% and should be used with caution
(a) Includes working proprietors and partners of unincorporated businesses.
(b) Includes capitalised wages and salaries; excludes the drawings of working proprietors.
(c) Includes rent, leasing and hiring income.
(d) See paragraph 5 of Technical Note: Data Quality.
Labour costs, Auxiliary finance and insurance services

Wages
and
salaries(a)
Employer
contribution
into
superannuation
Workers'
compensation
premiums/costs
Selected
labour
costs
Fringe
benefits
tax
Payroll
tax
Total
labour
costs
$m
$m
$m
$m
$m
$m
$m

Financial and insurance services
2010-11
11 363
891
46
12 301
77
442
12 820
2011-12
11 929
953
**104
12 986
*120
477
13 583
2012-13
11 179
980
45
12 204
67
431
12 702

* estimate has a relative standard error of 25% to 50% and should be used with caution
** estimate has a relative standard error of greater than 50% and is considered too unreliable for general use
(a) Includes capitalised wages and salaries, excludes drawings of working proprietors

Industry value added, Auxiliary finance and insurance services

PLUS
LESS
Capital work done for own use
Sales
and
service
income(a)
Funding
from
government
for
operational
costs
Capitalised
wages
and
salaries
Capitalised purchases
Total
Change
in
inventories
Purchases
of goods
and
materials(b)
Other
intermediate
input
expenses
Industry
value
added(c)
$m
$m
$m
$m
$m
$m
$m
$m
$m

Financial and insurance services
2010-11
38 369
^104
np
np
94
*142
*2 288
15 139
21 281
2011-12
39 788
*155
44
8
52
^96
2 280
16 170
21 640
2012-13
37 957
^50
^38
^5
^44
- 27
^2 442
14 932
20 650

^ estimate has a relative standard error of 10% to less than 25% and should be used with caution
* estimate has a relative standard error of 25% to 50% and should be used with caution
** estimate has a relative standard error greater than 50% and is considered too unreliable for general use
np not available for publication but included in totals where applicable, unless otherwise indicated
(a) Includes rent, leasing and hiring income.
(b) Includes capitalised purchases.
(c) See paragraph 5 of Technical Note: Data Quality.

Industry performance, Auxiliary finance and insurance services

2010-11
2011-12
2012-13

Employment at end of June(a) '000
152
156
144
Income
Sales and service income(b) $m
38 369
39 788
37 957
Funding from government for operational costs $m
^6 302
5 549
5 362
Interest income $m
^104
*155
^50
Other income $m
*6 697
**2 039
4 120
Total income $m
51 472
47 530
47 489
Expenses
Selected labour costs
$m
12 301
12 986
12 204
Purchases of goods and materials$m
*2 288
2 280
^2 442
Interest expenses $m
^6 286
5 436
4 903
Depreciation and amortisation $m
^847
778
679
Other expenses$m
16 219
17 434
16 141
Less
Capital work done for own use $m
94
52
^44
Total expenses $m
37 847
38 863
36 325

Change in inventories
$m
*142
^96
- 27
Earnings before interest tax depreciation and amortisation(d)$m
7 901
^7 390
7 236
Operating profit before tax(d) $m
^13 767
^8 763
11 137
Economic values
Gross fixed capital formation $m
970
^856
1 079
Capital expenditure(e) $m
^1 536
1 479
^2 338
Disposals of assets $m
*323
^579
**522
Net capital expenditure $m
^1 214
^900
*1 816
Industry value added(d) $m
21 281
21 640
20 650
Industry ratios
Profit margin %
35.9
22.0
29.3
Interest coverage times
1.3
1.4
1.5
Investment rate (value added) %
7.2
6.8
11.3
Wages and salaries to sales and service income %
81.2
82.0
82.9
Wages and salaries per employee(f) $'000
252.7
255.2
263.4
Sales and service income per person employed $'000
29.6
30.0
29.5
Industry value added per person employed(g) $'000
140.1
138.8
143.3
Percentage of business that
Percentage of businesses that made a profit %
81.7
81.4
79.0
Percentage of businesses that broke even %
1.1
2.2
3.8
Percentage of businesses that made a loss %
17.2
16.4
17.2

^ estimate has a relative standard error of 10% to less than 25% and should be used with caution
* estimate has a relative standard error of 25% to 50% and should be used with caution
** estimate has a relative standard error greater than 50% and is considered too unreliable for general use
np not available for publication but included in totals where applicable, unless otherwise indicated
(a) Includes working proprietors and partners of unincorporated businesses.
(b) Includes rent, leasing and hiring income.
(c) Excludes the drawings of working proprietors.
(d) See paragraph 5 of Technical Note: Data Quality.
(e) Includes capital work done for own use.
(f) Employee estimates used in this ratio exclude working proprietors and partners of unincorporated businesses.
(g) Calculated using estimates of employment which include working proprietors and partners of unincorporated businesses.