Part D - The broad classification of the statement of operations
Latest release
Australian System of Government Finance Statistics: Concepts, Sources and Methods
Reference period
2015
Released
23/12/2015
5.15.
The broad classification of the statement of operations is presented in Table 5.2 below. The more detailed classification of revenue and expenses may be found in Chapter 6, Chapter 7 and Appendix 1 Part A of this manual.
| Descriptor | Classification codes |
|---|---|
| Revenue and expenses | ETF 1 |
| Revenue | ETF 11 (A) |
| Taxation revenue | ETF 111 |
| Sales of goods and services | ETF 112 |
| Property income | ETF 113 |
| Other current revenue | ETF 114 |
| Capital revenue | ETF 115 |
| Expenses | ETF 12 (B) |
| Superannuation expenses | ETF 121 |
| Other employee expenses | ETF 122 |
| Non-employee expenses | ETF 123 |
| Depreciation | ETF 124 |
| Current transfer expenses | ETF 125 |
| Capital transfer expenses | ETF 126 |
| Interest expenses | ETF 127 |
| Other property expenses | ETF 128 |
| Net Operating Balance (Revenue less Expenses) | A - B = C |
| less: Net acquisition of non-financial assets | D |
| Gross fixed capital formation | ETF 411, TALC 1 less ETF 421, TALC 1 |
| plus: Change in inventories | ETF 4111, TALC 21 |
| plus: Other transactions in non-financial assets | ETF 4112, SDC, ETF 4113, ETF 4114, SDC, ETF 4115, SDC, ETF 4116, SDC, TALC 22, TALC 23, TALC 3, COFOG-A |
| less: Disposals of non-financial assets (excluding depreciation) | ETF 4211, TALC 2, TALC 3, SDC, COFOG-A |
| less: Reductions in non-financial assets due to depreciation | ETF 4212 TALC 11, TALC 12, TALC, TALC 15 |
| Net lending (+) / Net borrowing (-) (Net operating balance minus Net acquisition of non-financial assets) | C - D |