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INTRODUCTION
This electronic release presents government finance statistics (GFS) on an accrual accounting basis for the Western Australia state government as follows:
- Operating statements for 1998-99 to 2002-03;
- Cash flow statements for 1998-99 to 2002-03; and
- Balance sheets at 30 June 1999 to 2002.
A table containing statistics for total general government expenses by purpose at the 2-digit GPC level is also included for 1998-99 to 2002-03.
The sectors available in this release include General Government, Public Non-financial Corporations, and Non-financial Public Sector.
The statistics presented for the years 1998-99 to 2000-01 represent audited actual data while the statistics presented for 2001-02 and 2002-03 are preliminary and forward estimates respectively.
While the statistics presented in this release only cover the Western Australia state government, further electronic releases will occur through to late October 2002 covering the various state and territory governments as their estimates become available. All Australia government tables will be released on 30 October 2002.
This series of electronic releases replaces the former printed publication Government Financial Estimates (cat. no. 5501.0).
The summary tables below show the 2001-02 and 2002-03 net lending/borrowing results respectively for Western Australia state government for the general government sector, public non-financial corporations and non-financial public sector.
WESTERN AUSTRALIA STATE, OPERATING STATEMENT - 2001-02
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 | General Government | Public Non-financial Corporations | Non-financial Public Sector |
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| $m | $m | $m |
| GFS Revenue | 10,970 | 5,834 | 15,260 |
| GFS Expenses | 10,852 | 5,712 | 15,017 |
| GFS Net Operating Balance | 119 | 122 | 243 |
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| Net acquisition of non-financial assets | 449 | 321 | 769 |
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| GFS Net Lending(+)/Borrowing(-) | -330 | -199 | -526 |
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WESTERN AUSTRALIA STATE, OPERATING STATEMENT - 2002-03
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| General Government | Public Non-financial Corporations | Non-financial Public Sector |
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| $m | $m | $m |
| GFS Revenue | 11,163 | 5,934 | 15,555 |
| GFS Expenses | 11,044 | 5,813 | 15,311 |
| GFS Net Operating Balance | 119 | 122 | 243 |
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| Net acquisition of non-financial assets | 228 | 529 | 756 |
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| GFS Net Lending(+)/Borrowing(-) | -109 | -407 | -513 |
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The summary tables below show the 2001-02 and 2002-03 surplus/deficit results respectively for Western Australia state government for the general government sector, public non-financial corporations and non-financial public sector.
WESTERN AUSTRALIA STATE, CASH FLOW STATEMENT - 2001-02
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| General Government | Public Non-financial Corporations | Non-financial Public Sector |
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| $m | $m | $m |
| Net cash flows from operating activities | 583 | 1,177 | 1,139 |
| Net cash flows from investments in non-financial assets | -963 | -933 | -1,896 |
| Net cash flows from investments in financial assets for policy purposes | -120 | -11 | 11 |
| Net cash flows from investments in financial assets for liquidity purposes | 55 | -42 | 13 |
| Net cash flows from financing activities | -79 | -140 | 259 |
| Net increase(+)/decrease(-) in cash held | -523 | 49 | -474 |
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| Surplus(+)/Deficit(-) | -380 | -386 | -757 |
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WESTERN AUSTRALIA STATE, CASH FLOW STATEMENT - 2002-03
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| General Government | Public Non-financial Corporations | Non-financial Public Sector |
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| $m | $m | $m |
| Net cash flows from operating activities | 667 | 1,170 | 1,233 |
| Net cash flows from investments in non-financial assets | -762 | -1,118 | -1,881 |
| Net cash flows from investments in financial assets for policy purposes | -132 | -12 | 15 |
| Net cash flows from investments in financial assets for liquidity purposes | 64 | -12 | 52 |
| Net cash flows from financing activities | 205 | 21 | 672 |
| Net increase(+)/decrease(-) in cash held | 42 | 49 | 91 |
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| Surplus(+)/Deficit(-) | -95 | -564 | -650 |
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The summary table below shows the balance sheet aggregates for Western Australia state government for the general government sector, public non-financial corporations and non-financial public sector as at 30 June 2002.
WESTERN AUSTRALIA STATE, BALANCE SHEET - At 30 June 2002
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| General Government | Public Non-financial Corporations | Non-financial Public Sector |
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| $m | $m | $m |
| Assets | | | |
| Financial assets | 18,476 | 2,077 | 4,233 |
| Non-financial assets | 24,128 | 21,364 | 45,492 |
| Total | 42,605 | 23,441 | 49,725 |
| Liabilities | 9,809 | 7,984 | 16,930 |
| Shares and other contributed capital | - | 15,457 | - |
| GFS Net Worth | 32,795 | - | 32,795 |
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