APPENDIX D

AAS FINANCIAL STATEMENTS

2006-07 AAS financial statements

Table D.1
Australian Capital Territory	
General Government Sector	
Operating Statement	
  2005-06			  2005-06	   2006-07		  2007-08	  2008-09	  2009-10		
    Budget			Est.Outcome	   Budget	   Var	  Estimate	   Estimate	  Estimate		
    $'000			   $'000	   $'000	    %	   $'000	    $'000	   $'000		
		Income								
		Revenue								
880,670		Taxes Fees and Fines	868,877	950,452	9	1,009,407	1,077,260	1,142,322		
216,328		User Charges - Non ACT Government	222,792	233,917	5	248,679
	258,553	268,708		
10,812		User Charges - ACT Government	12,664	12,754	1	16,471	16,996	17,547		
1,148,171		Grants from the Commonwealth	1,138,005	1,203,644	6	1,250,730	1,304,499	1,351,119		
69,020		Interest	98,016	91,231	-7	78,490	77,989	90,562		
60,318		Dividend Revenue	141,203	90,408	-36	91,170	111,241	118,505		
330,639		Other Revenue	437,774	287,774	-34	302,282	325,491	362,302		
0		Resources Received free of charge	0	123	#	125	127	130		
2,715,958		Total Revenue	2,919,331	2,870,303	-2	2,997,354	3,172,156	3,351,195		
		Gains								
0		Total Gains	0	0	-	0	0	0		
2,715,958		Total Income	2,919,331	2,870,303	-2	2,997,354	3,172,156	3,351,195		
		Expenses								
988,618		Employee Expenses	975,728	992,807	2	1,008,952	1,038,859	1,069,194		
319,568		Superannuation Expenses	350,620	365,994	4	378,109	400,128	421,373		
590,187		Supplies and Services	570,501	608,928	7	640,756	678,838	725,111		
172,488		Depreciation and Amortisation	168,736	179,702	6	188,897	190,009	189,875		
49,401		Borrowing Costs	53,509	52,718	-1	52,919	53,959	55,985		
40,423		Cost of Goods Sold	15,716	16,359	4	17,718	18,976	20,253		
516,077		Grants and Purchased Services	501,832	514,321	2	528,288	546,347	563,201		
98,078		Other Expenses	129,864	124,005	-5	161,112	139,167	125,618		
32,611		Transfer Expenses	32,334	31,828	-2	32,265	32,706	33,201		
2,807,451		Total Ordinary Expenses	2,798,840	2,886,662	3	3,009,016	3,098,989	3,203,811		
-91,493		Operating Result	120,491	-16,359	-114	-11,662	73,167	147,384		

Table D.2
Australian Capital Territory	
General Government Sector	
Balance Sheet	
    Budget			Est.Outcome	   Planned		   Planned	   Planned	   Planned		
as at 30/6/06			as at 30/6/06	as at 30/6/07	   Var	as at 30/6/08	as at 30/6/09	as at 30/6/10		
   $'000			   $'000	    $'000	    %	    $'000	    $'000	    $'000		
		Current Assets								
71,558		Cash	76,379	71,909	-6	71,179	75,896	77,830		
211,060		Receivables	121,757	163,279	34	175,369	182,684	202,053		
348,298		Investments	512,955	296,048	-42	257,059	396,006	594,265		
39,365		Inventories	9,759	9,807	..	9,857	9,907	9,957		
44		Capital Work in Progress	28	28	-	28	28	28		
13,655		Other	34,398	38,666	12	42,419	46,584	51,260		
683,980		Total Current Assets	755,276	579,737	-23	555,911	711,105	935,393		
		Non Current Assets								
350,729		Receivables	425,082	437,867	3	460,504	492,237	512,083		
1,865,243		Investments	2,032,209	2,176,657	7	2,342,437	2,540,152	2,746,417		
90,552		Inventories	0	0	-	0	0	0		
6,033,895		Property, Plant and Equipment	6,000,867	6,180,755	3	6,378,255	6,513,807	6,523,618		
29,943		Intangibles	23,831	26,588	12	21,237	16,630	12,191		
197,576		Capital Works in Progress	131,527	227,294	73	128,892	12,122	15,125		
52,124		Other	63,349	91,396	44	93,758	95,130	104,341		
8,620,062		Total Non Current Assets	8,676,865	9,140,557	5	9,425,083	9,670,078	9,913,775		
9,304,042		TOTAL ASSETS	9,432,141	9,720,294	3	9,980,994	10,381,183	10,849,168		
		Current Liabilities								
134,568		Payables	118,441	117,123	-1	128,833	129,825	129,619		
33,216		Interest Bearing Liabilities	61,942	52,406	-15	60,954	84,034	99,671		
58,751		Finance Leases	45,998	42,156	-8	26,828	26,502	27,606		
201,496		Employee Benefits	200,987	219,505	9	239,897	261,983	286,734		
2,499		Other Provisions	55	83	51	94	129	143		
27,275		Other	34,888	34,165	-2	34,059	33,890	33,845		
457,805		Total Current Liabilities	462,311	465,438	1	490,665	536,363	577,618		
		Non Current Liabilities								
111,931		Payables	150,760	150,696	..	136,157	139,198	142,239		
648,199		Interest Bearing Liabilities	674,426	667,717	-1	688,974	718,501	731,102		
100,534		Finance Leases	75,636	59,243	-22	59,121	64,943	74,639		
2,794,563		Employee Benefits	2,993,076	3,247,845	9	3,498,155	3,750,068	4,008,283		
5,069		Other Provisions	605	709	17	809	909	1,009		
69		Other	3,856	4,176	8	3,965	3,886	4,579		
3,660,365		Total Non Current Liabilities	3,898,359	4,130,386	6	4,387,181	4,677,505	4,961,851		
4,118,170		TOTAL LIABILITIES	4,360,670	4,595,824	5	4,877,846	5,213,868	5,539,469		
5,185,872		NET ASSETS	5,071,471	5,124,470	1	5,103,148	5,167,315	5,309,699		
		REPRESENTED BY FUNDS EMPLOYED								
4,512,340		Accumulated Funds	4,374,086	4,423,344	1	4,402,022	4,466,189	4,608,573		
673,532		Reserves	697,385	701,126	1	701,126	701,126	701,126		
5,185,872		TOTAL FUNDS EMPLOYED	5,071,471	5,124,470	1	5,103,148	5,167,315	5,309,699		

Table D.3
Australian Capital Territory	
General Government Sector	
Cash Flow Statement	
  2005-06			  2005-06	   2006-07		  2007-08	  2008-09	  2009-10		
    Budget			Est.Outcome	   Budget	   Var	  Estimate	   Estimate	  Estimate		
    $'000			   $'000	   $'000	    %	   $'000	    $'000	   $'000		
		CASH FLOWS FROM OPERATING ACTIVITIES								
		Receipts								
880,531		Taxes, Fees and Fines	848,792	891,801	5	966,503	1,016,547	1,100,104		
226,636		User Charges	224,533	256,047	8	277,899	289,346	301,264		
68,219		Interest Received	75,997	64,260	-15	54,845	59,067	69,834		
1,159,311		Grants Received from the Commonwealth	1,147,997	1,215,240	6	1,263,141	1,317,572	1,364,411		
372,083		Other Revenue	246,813	278,439	19	280,251	281,000	289,443		
2,706,780		Operating Receipts	2,544,132	2,705,787	6	2,842,639	2,963,532	3,125,056		
		Payments								
1,064,802		Related to Employees	1,051,745	1,085,931	3	1,118,176	1,164,304	1,215,652		
581,128		Related to Supplies and Services	554,492	572,509	3	604,981	641,032	692,901		
49,401		Borrowing Costs	53,720	53,642	0	52,894	53,958	55,987		
523,189		Grants and Purchased Services	507,994	522,119	3	536,927	555,153	572,267		
343,434		Other	284,417	269,739	-5	271,937	264,993	280,907		
30,228		Payments to PTE Agencies for Outputs	29,951	31,828	6	32,265	32,706	33,201		
2,592,182		Operating Payments	2,482,319	2,535,768	2	2,617,180	2,712,146	2,850,915		
114,598		NET CASH INFLOW/(OUTFLOW) FROM OPERATING ACTIVITIES	61,813	170,019	175	225,459	251,386	274,141		
		CASH FLOWS FROM INVESTING ACTIVITIES								
		Receipts								
8,453		Proceeds from Sale of Property, Plant & Equipment	2,644	2,645	0	2,645	2,645	2,645		
823		Proceeds from Sale/Maturities of Investments	823	52,475	6,276	23,414	721	1,188		
6,993		Repayment of Advance	6,210	7,401	19	8,794	10,091	11,456		
2,117		Repayment of Home Loan Principal	1,860	1,602	-14	1,384	1,199	1,042		
66,733		Dividends	152,278	89,148	-41	89,750	109,977	116,971		
85,119		Investing Receipts	163,815	153,271	-6	125,987	124,633	133,302		
		Payments								
356,827		Purchase of Property, Plant and Equipment	223,069	419,519	88	311,078	185,826	163,379		
3,945		Purchase of Land and Intangibles	9,055	1,400	-85	141	77	77		
101,446		Purchase of Investments	83,868	54,419	-35	46,112	35,098	29,413		
0		Advances Issued to Government Agencies	25,000	10,000	-60	40,000	50,000	35,000		
14,020		Capital Payments to Government Agencies	10,615	16,269	53	9,660	9,000	5,000		
476,238		Investing Payments	351,607	501,607	43	406,991	280,001	232,869		
-391,119		NET CASH INFLOW/(OUTFLOW) FROM INVESTING ACTIVITIES	-187,792	-348,336	-85	-281,004	-155,368	-99,567		
		CASH FLOWS FROM FINANCING ACTIVITIES								
		Receipts								
59,701		Borrowings Received	118,329	59,425	-50	95,908	122,494	99,829		
0		Receipt of Transferred Cash Balances	0	2,382	#	0	0	0		
59,701		Financing Receipts	118,329	61,807	-48	95,908	122,494	99,829		
		Payments								
62,007		Repayment of Borrowings	75,602	78,011	3	75,971	71,140	70,866		
15,354		Repayment of Finance Lease	14,098	11,101	-21	7,256	3,500	3,526		
4,707		Repayment of Investments to Agencies (CFU only)	0	11,602	#	0	0	0		
0		Payments of Transferred Cash Balances	33,442	0	-100	0	0	0		
82,068		Financing Payments	123,142	100,714	-18	83,227	74,640	74,392		
-22,367		NET CASH INFLOW/(OUTFLOW) FROM FINANCING ACTIVITIES	-4,813	-38,907	-708	12,681	47,854	25,437		
-298,888		NET INCREASE/(DECREASE) IN CASH HELD	-130,792	-217,224	-66	-42,864	143,872	200,011		
678,963		CASH AT BEGINNING OF REPORTING PERIOD	723,715	592,923	-18	375,699	332,835	476,707		
380,075		CASH AT THE END OF THE REPORTING PERIOD	592,923	375,699	-37	332,835	476,707	676,718		

Table D.4
Australian Capital Territory	
General Government Sector	
Statement of Changes in Equity	
    Budget			Est.Outcome	   Planned		   Planned	   Planned	   Planned		
as at 30/6/06			as at 30/6/06	as at 30/6/07	   Var	as at 30/6/08	as at 30/6/09	as at 30/6/10		
   $'000			   $'000	    $'000	    %	    $'000	    $'000	    $'000		
5,291,384		Opening Balance	5,284,060	5,071,471	-4	5,124,470	5,103,146	5,167,315		
		Accumulated Funds								
0		Net Effect of Change in Accounting Policy	-156,721	0	-100	0	0	0		
0		Net Effect of a Correction of an Error	-200	0	-100	0	0	0		
-91,493		Operating Result for the Period	120,491	-16,359	-114	-11,662	73,167	147,384		
		Reserves								
0		Increase/(Decrease) in asset revaluation reserve	-56	3,741	#	0	0	0		
0		Increase/(Decrease) in other reserves	900	0	-100	0	0	0		
0		Transfer to/from Reserves	0	-1	#	0	0	0		
-91,493		Total Income And Expense For The Period	-35,586	-12,619	135	-11,662	73,167	147,384		
		Transactions Involving Equity Holders Affecting Accumulated Funds								
-14,020		Capital Injections	-10,615	-16,269	-53	-9,660	-9,000	-5,000		
0		Inc/Dec in Net Assets due to Admin Restructure	-166,388	81,888	-149	0	0	0		
5,185,871		Closing Balance	5,071,471	5,124,470	1	5,103,148	5,167,315	5,309,699		

Table D.5
Australian Capital Territory	
Public Trading Enterprise	
Operating Statement	
  2005-06			  2005-06	   2006-07		  2007-08	  2008-09	  2009-10		
    Budget			Est.Outcome	   Budget	   Var	  Estimate	   Estimate	  Estimate		
    $'000			   $'000	   $'000	    %	   $'000	    $'000	   $'000		
		Income								
		Revenue								
32,611		Government Payment for Outputs	32,334	31,828	-2	32,265	32,706	33,201		
239,016		User Charges - Non ACT Government	254,463	279,280	10	296,992	307,465	318,129		
83,843		User Charges - ACT Government	86,652	77,633	-10	76,541	78,460	80,208		
18,785		Grants from the Commonwealth	19,026	19,600	3	19,966	19,814	20,012		
3,322		Interest	7,414	6,783	-9	5,750	5,568	5,835		
21,681		Other Revenue	173,452	181,109	4	176,271	192,119	203,244		
50		Resources Received free of charge	3,850	50	-99	50	50	50		
399,308		Total Revenue	577,191	596,283	3	607,835	636,182	660,679		
		Gains								
0		Other Gains	3,213	0	-100	0	0	0		
0		Total Gains	3,213	0	-100	0	0	0		
399,308		Total Income	580,404	596,283	3	607,835	636,182	660,679		
		Expenses								
78,232		Employee Expenses	87,001	79,444	-9	77,617	79,016	80,175		
10,044		Superannuation Expenses	9,643	12,989	35	12,664	12,822	12,934		
96,732		Supplies and Services	90,665	93,838	3	94,660	96,598	98,969		
44,524		Depreciation and Amortisation	42,386	43,115	2	45,225	47,110	49,167		
30,593		Borrowing Costs	30,593	30,928	1	30,294	31,326	33,420		
77,964		Cost of Goods Sold	169,869	225,903	33	227,069	223,845	245,153		
8,815		Grants and Purchased Services	8,276	4,546	-45	1,234	1,330	1,464		
25,688		Other Expenses	37,772	32,675	-13	34,969	35,718	36,260		
18,785		Transfer Expenses	18,589	19,106	3	19,472	19,320	19,518		
391,377		Total Ordinary Expenses	494,794	542,545	10	543,204	547,085	577,060		
45,707		Share of Operating Result from Joint Venture accounted for using the Equity Method	49,785	49,848	..	53,015	60,820	65,227		
53,638		Operating Result From Ordinary Activities	135,395	103,586	-23	117,646	149,917	148,846		
14,320		Income Tax Equivalent	13,369	24,302	82	25,505	34,854	45,908		
39,318		Operating Result	122,026	79,284	-35	92,141	115,063	102,938		

Table D.6
Australian Capital Territory	
Public Trading Enterprise	
Balance Sheet	
    Budget			Est.Outcome	   Planned		   Planned	   Planned	   Planned		
as at 30/6/06			as at 30/6/06	as at 30/6/07	   Var	as at 30/6/08	as at 30/6/09	as at 30/6/10		
   $'000			   $'000	    $'000	    %	    $'000	    $'000	    $'000		
		Current Assets								
13,273		Cash	21,708	21,390	-1	21,976	22,030	26,577		
29,288		Receivables	32,182	24,526	-24	25,978	26,263	26,211		
27,260		Investments	82,195	69,335	-16	71,909	87,313	90,483		
116		Inventories	41,986	49,623	18	41,331	49,948	48,926		
0		Assets Held for Sale	47,372	7,740	-84	8,048	8,370	8,706		
10,320		Other	31,885	20,700	-35	14,464	14,469	14,473		
80,257		Total Current Assets	257,328	193,314	-25	183,706	208,393	215,376		
		Non Current Assets								
27,915		Receivables	19,556	500	-97	500	500	500		
390,731		Investments	386,278	400,460	4	403,619	397,498	400,680		
0		Inventories	92,938	86,016	-7	96,150	80,015	74,849		
4,170,878		Property, Plant and Equipment	4,096,474	4,316,605	5	4,574,929	4,877,130	5,167,898		
206		Intangibles	782	2,073	165	3,776	2,876	1,976		
20,621		Capital Works in Progress	51,606	50,479	-2	51,586	49,846	48,774		
13,560		Tax Assets	28,325	28,325	-	28,325	28,325	28,325		
43,859		Other	48,723	18,594	-62	18,594	18,594	18,594		
4,667,770		Total Non Current Assets	4,724,682	4,903,052	4	5,177,479	5,454,784	5,741,596		
4,748,027		TOTAL ASSETS	4,982,010	5,096,366	2	5,361,185	5,663,177	5,956,972		
		Current Liabilities								
38,629		Payables	31,928	29,999	-6	30,398	30,516	30,441		
21,946		Interest Bearing Liabilities	16,225	17,415	7	18,870	20,361	18,959		
771		Finance Leases	777	662	-15	130	80	8		
17,580		Employee Benefits	16,372	16,451	..	16,892	17,335	17,777		
12,861		Other Provisions	47,092	30,079	-36	26,580	25,710	29,865		
4,837		Income Tax Payable	0	10,696	#	8,436	14,813	15,646		
3,045		Other	8,569	8,012	-7	8,012	10,562	8,012		
99,669		Total Current Liabilities	120,963	113,314	-6	109,318	119,377	120,708		
		Non Current Liabilities								
903		Payables	40,448	37,448	-7	34,543	32,543	29,043		
448,404		Interest Bearing Liabilities	479,436	472,020	-2	493,149	522,788	538,839		
1,429		Finance Leases	1,199	214	-82	86	8	0		
23,206		Employee Benefits	24,318	24,042	-1	24,107	24,171	24,234		
2,467		Other Provisions	12,979	8,866	-32	6,451	6,451	6,451		
20,161		Non Current Income Tax Payable	3,445	3,301	-4	2,190	1,657	433		
2,710		Other	3,112	2,550	-18	2,550	0	0		
499,280		Total Non Current Liabilities	564,937	548,441	-3	563,076	587,618	599,000		
598,949		TOTAL LIABILITIES	685,900	661,755	-4	672,394	706,995	719,708		
4,149,078		NET ASSETS	4,296,110	4,434,611	3	4,688,791	4,956,182	5,237,264		
		REPRESENTED BY FUNDS EMPLOYED								
1,896,584		Accumulated Funds	2,088,188	2,033,715	-3	2,066,346	2,101,168	2,112,601		
2,252,494		Reserves	2,207,922	2,400,896	9	2,622,445	2,855,014	3,124,663		
4,149,078		TOTAL FUNDS EMPLOYED	4,296,110	4,434,611	3	4,688,791	4,956,182	5,237,264		

Table D.7
Australian Capital Territory	
Public Trading Enterprise	
Cash Flow Statement	
  2005-06			  2005-06	   2006-07		  2007-08	  2008-09	  2009-10		
    Budget			Est.Outcome	   Budget	   Var	  Estimate	   Estimate	  Estimate		
    $'000			   $'000	   $'000	    %	   $'000	    $'000	   $'000		
		CASH FLOWS FROM OPERATING ACTIVITIES								
		Receipts								
30,228		Cash from Government for Outputs	29,951	31,828	6	32,265	32,706	33,201		
325,436		User Charges	344,551	358,195	4	374,807	387,161	399,536		
3,322		Interest Received	7,014	6,510	-7	5,480	5,221	5,364		
18,785		Grants Received from the Commonwealth	19,026	19,600	3	19,966	19,814	20,012		
58,060		Other Revenue	249,447	224,408	-10	214,360	246,449	265,108		
500		Extraordinary Receipts	0	0	-	0	0	0		
436,331		Operating Receipts	649,989	640,541	-1	646,878	691,351	723,221		
		Payments								
87,642		Related to Employees	96,076	91,510	-5	89,758	91,317	92,586		
98,526		Related to Supplies and Services	104,498	94,618	-9	95,380	97,292	99,491		
30,593		Borrowing Costs	30,991	31,288	1	30,248	31,281	33,361		
8,815		Grants and Purchased Services	8,276	4,546	-45	1,234	1,330	1,464		
119,072		Other	222,812	288,540	29	303,093	296,030	325,169		
18,785		Territory Receipts to Government	18,589	19,106	3	19,472	19,320	19,518		
363,433		Operating Payments	481,242	529,608	10	539,185	536,570	571,589		
72,898		NET CASH INFLOW/(OUTFLOW) FROM OPERATING ACTIVITIES	168,747	110,933	-34	107,693	154,781	151,632		
		CASH FLOWS FROM INVESTING ACTIVITIES								
		Receipts								
50,961		Proceeds from Sale of Property, Plant & Equipment	42,614	38,381	-10	28,656	30,151	31,666		
5,671		Proceeds from Sale/Maturities of Investments	21,528	20,148	-6	14,921	8,546	6,118		
56,632		Investing Receipts	64,142	58,529	-9	43,577	38,697	37,784		
		Payments								
86,791		Purchase of Property, Plant and Equipment	83,391	96,163	15	83,294	105,343	78,959		
0		Purchase of Land and Intangibles	0	280	#	0	0	0		
369		Purchase of Investments	31,432	7,020	-78	7,141	21,974	14,372		
87,160		Investing Payments	114,823	103,463	-10	90,435	127,317	93,331		
-30,528		NET CASH INFLOW/(OUTFLOW) FROM INVESTING ACTIVITIES	-50,681	-44,934	-11	-46,858	-88,620	-55,547		
		CASH FLOWS FROM FINANCING ACTIVITIES								
		Receipts								
14,020		Capital Injection from Government	10,615	16,269	53	9,660	9,000	5,000		
45		Borrowings Received	25,045	10,060	-60	40,060	50,060	35,060		
0		Receipt of Transferred Cash Balances	33,442	0	-100	0	0	0		
14,065		Financing Receipts	69,102	26,329	-62	49,720	59,060	40,060		
		Payments								
66,733		Dividends to Government	152,278	89,148	-41	89,750	109,977	116,971		
15,542		Repayment of Borrowings	14,759	16,030	9	17,535	18,989	20,482		
657		Repayment of Finance Lease	657	551	-16	582	50	0		
0		Payments of Transferred Cash Balances	0	2,382	#	0	0	0		
82,932		Financing Payments	167,694	108,111	-36	107,867	129,016	137,453		
-68,867		NET CASH INFLOW/(OUTFLOW) FROM FINANCING ACTIVITIES	-98,592	-81,782	-17	-58,147	-69,956	-97,393		
-26,497		NET INCREASE/(DECREASE) IN CASH HELD	19,474	-15,783	181	2,688	-3,795	-1,308		
47,402		CASH AT BEGINNING OF REPORTING PERIOD	35,341	54,815	55	39,032	41,720	37,925		
20,905		CASH AT THE END OF THE REPORTING PERIOD	54,815	39,032	-29	41,720	37,925	36,617		

Table D.8
Australian Capital Territory	
Public Trading Enterprise	
Statement of Changes in Equity	
    Budget			Est.Outcome	   Planned		   Planned	   Planned	   Planned		
as at 30/6/06			as at 30/6/06	as at 30/6/07	   Var	as at 30/6/08	as at 30/6/09	as at 30/6/10		
   $'000			   $'000	    $'000	    %	    $'000	    $'000	    $'000		
4,013,064		Opening Balance	3,980,871	4,296,110	8	4,434,611	4,688,791	4,956,182		
		Accumulated Funds								
4,315		Net Effect of Change in Accounting Policy	8,041	0	-100	0	0	0		
0		Net Effect of a Correction of an Error	-2,997	270	-109	0	0	0		
39,318		Operating Result for the Period	122,026	79,284	-35	92,141	115,063	102,938		
		Reserves								
116,679		Increase/(Decrease) in asset revaluation reserve	113,427	192,974	70	221,549	232,569	269,649		
22,000		Transfer to/from Reserves	38,942	22,000	-44	22,000	22,000	22,000		
182,312		Total Income And Expense For The Period	279,439	294,528	5	335,690	369,632	394,587		
		Transactions Involving Equity Holders Affecting Accumulated Funds								
14,020		Capital Injections	10,615	16,269	53	9,660	9,000	5,000		
0		Inc/Dec in Net Assets due to Admin Restructure	166,388	-81,888	-149	0	0	0		
-60,318		Dividend Approved	-141,203	-90,408	36	-91,170	-111,241	-118,505		
4,149,078		Closing Balance	4,296,110	4,434,611	3	4,688,791	4,956,182	5,237,264		

Table D.9
Australian Capital Territory	
Consolidated Total Territory	
Operating Statement	
  2005-06			  2005-06	   2006-07		  2007-08	  2008-09	  2009-10		
    Budget			Est.Outcome	   Budget	   Var	  Estimate	   Estimate	  Estimate		
    $'000			   $'000	   $'000	    %	   $'000	    $'000	   $'000		
		Income								
		Revenue								
833,827		Taxes Fees and Fines	823,731	881,542	7	938,455	996,279	1,050,018		
455,344		User Charges - Non ACT Government	477,255	513,197	8	545,671	566,018	586,837		
1,148,171		Grants from the Commonwealth	1,138,442	1,204,138	6	1,251,224	1,304,993	1,351,613		
49,624		Interest	79,129	70,731	-11	55,449	52,646	64,320		
322,226		Other Revenue	480,842	340,106	-29	350,181	385,384	410,254		
0		Resources Received free of charge	0	123	#	125	127	130		
2,809,192		Total Revenue	2,999,399	3,009,837	..	3,141,105	3,305,447	3,463,172		
		Gains								
0		Other Gains	3,213	0	-100	0	0	0		
0		Total Gains	3,213	0	-100	0	0	0		
2,809,192		Total Income	3,002,612	3,009,837	..	3,141,105	3,305,447	3,463,172		
		Expenses								
1,062,309		Employee Expenses	1,057,638	1,068,152	1	1,082,585	1,113,829	1,145,227		
321,754		Superannuation Expenses	353,370	368,603	4	380,689	402,750	424,030		
667,699		Supplies and Services	611,270	678,060	11	707,491	739,909	784,439		
217,012		Depreciation and Amortisation	211,122	222,817	6	234,122	237,119	239,042		
57,276		Borrowing Costs	57,801	56,363	-2	54,422	54,374	57,328		
91,754		Cost of Goods Sold	95,157	100,627	6	101,941	102,762	105,677		
454,527		Grants and Purchased Services	438,063	456,375	4	468,875	485,682	501,473		
95,061		Other Expenses	126,662	136,171	8	174,686	152,853	139,366		
2,967,392		Total Ordinary Expenses	2,951,083	3,087,168	5	3,204,811	3,289,278	3,396,582		
45,707		Share of Operating Result from Joint Venture accounted for using the Equity Method	49,785	49,848	..	53,015	60,820	65,227		
-112,493		Operating Result	101,314	-27,483	-127	-10,691	76,989	131,817		

Table D.10
Australian Capital Territory	
Consolidated Total Territory	
Balance Sheet	
    Budget			Est.Outcome	   Planned		   Planned	   Planned	   Planned		
as at 30/6/06			as at 30/6/06	as at 30/6/07	   Var	as at 30/6/08	as at 30/6/09	as at 30/6/10		
   $'000			   $'000	    $'000	    %	    $'000	    $'000	    $'000		
		Current Assets								
84,831		Cash	98,087	93,299	-5	93,155	97,926	104,407		
213,427		Receivables	140,904	153,451	9	178,435	175,090	195,069		
357,577		Investments	547,830	329,666	-40	286,758	419,779	607,455		
39,481		Inventories	51,745	59,430	15	51,188	59,855	58,883		
44		Capital Work in Progress	28	28	-	28	28	28		
0		Assets Held for Sale	47,372	7,740	-84	8,048	8,370	8,706		
23,965		Other	63,900	56,983	-11	54,500	58,670	63,350		
719,325		Total Current Assets	949,866	700,597	-26	672,112	819,718	1,037,898		
		Non Current Assets								
22,080		Receivables	27,920	39,497	41	32,226	25,414	23,025		
2,255,954		Investments	2,418,467	2,577,097	7	2,746,036	2,937,630	3,147,077		
90,552		Inventories	65,558	67,091	2	86,949	74,015	68,849		
10,204,773		Property, Plant and Equipment	10,097,341	10,497,360	4	10,953,184	11,390,937	11,691,516		
30,149		Intangibles	24,613	28,661	16	25,013	19,506	14,167		
218,197		Capital Works in Progress	183,133	277,773	52	180,478	61,968	63,899		
95,983		Other	112,072	109,990	-2	112,352	113,724	122,935		
12,917,688		Total Non Current Assets	12,929,104	13,597,469	5	14,136,238	14,623,194	15,131,468		
13,637,013		TOTAL ASSETS	13,878,970	14,298,066	3	14,808,350	15,442,912	16,169,366		
		Current Liabilities								
149,854		Payables	134,252	133,291	-1	142,824	144,323	144,845		
24,965		Interest Bearing Liabilities	23,446	25,310	8	27,523	29,399	28,572		
59,522		Finance Leases	46,775	42,818	-8	26,958	26,582	27,614		
219,076		Employee Benefits	217,359	235,956	9	256,789	279,318	304,511		
13,960		Other Provisions	16,144	6,726	-58	7,341	5,538	8,630		
583		Income Tax Payable	0	0	-	0	0	0		
30,153		Other	41,576	40,296	-3	40,190	42,571	39,976		
498,113		Total Current Liabilities	479,552	484,397	1	501,625	527,731	554,148		
		Non Current Liabilities								
102,331		Payables	124,624	128,316	3	128,359	129,400	128,941		
771,572		Interest Bearing Liabilities	797,535	782,202	-2	794,680	815,301	821,718		
101,963		Finance Leases	76,835	59,457	-23	59,207	64,951	74,639		
2,817,769		Employee Benefits	3,017,394	3,271,887	8	3,522,262	3,774,239	4,032,517		
7,536		Other Provisions	8,481	5,585	-34	3,270	3,370	3,470		
0		Non Current Income Tax Payable	0	415	#	493	537	2,391		
2,779		Other	6,968	6,726	-3	6,515	3,886	4,579		
3,803,950		Total Non Current Liabilities	4,031,837	4,254,588	6	4,514,786	4,791,684	5,068,255		
4,302,063		TOTAL LIABILITIES	4,511,389	4,738,985	5	5,016,411	5,319,415	5,622,403		
9,334,950		NET ASSETS	9,367,581	9,559,081	2	9,791,939	10,123,497	10,546,963		
		REPRESENTED BY FUNDS EMPLOYED								
6,408,923		Accumulated Funds	6,462,273	6,457,059	..	6,468,368	6,567,357	6,721,174		
2,926,026		Reserves	2,905,307	3,102,022	7	3,323,571	3,556,140	3,825,789		
9,334,949		TOTAL FUNDS EMPLOYED	9,367,580	9,559,081	2	9,791,939	10,123,497	10,546,963		

Table D.11
Australian Capital Territory	
Consolidated Total Territory	
Cash Flow Statement	
  2005-06			  2005-06	   2006-07		  2007-08	  2008-09	  2009-10		
    Budget			Est.Outcome	   Budget	   Var	  Estimate	   Estimate	  Estimate		
    $'000			   $'000	   $'000	    %	   $'000	    $'000	   $'000		
		CASH FLOWS FROM OPERATING ACTIVITIES								
		Receipts								
834,598		Taxes, Fees and Fines	822,612	849,320	3	910,900	959,750	1,018,717		
455,449		User Charges	469,426	525,501	12	565,523	587,151	609,474		
48,823		Interest Received	56,710	42,564	-25	31,534	33,377	43,121		
1,159,311		Grants Received from the Commonwealth	1,148,434	1,215,734	6	1,263,635	1,318,066	1,364,905		
399,766		Other Revenue	424,093	402,173	-5	389,314	419,717	438,044		
2,897,947		Operating Receipts	2,921,275	3,035,292	4	3,160,906	3,318,061	3,474,261		
		Payments								
1,140,046		Related to Employees	1,135,838	1,163,006	2	1,193,911	1,241,419	1,293,865		
654,202		Related to Supplies and Services	633,040	640,664	1	664,290	700,977	754,203		
57,276		Borrowing Costs	58,410	56,724	-3	54,351	54,328	57,271		
461,639		Grants and Purchased Services	444,225	464,173	4	477,514	494,488	510,539		
397,288		Other	419,202	429,773	3	437,688	420,682	432,610		
2,710,451		Operating Payments	2,690,715	2,754,340	2	2,827,754	2,911,894	3,048,488		
187,496		NET CASH INFLOW/(OUTFLOW) FROM OPERATING ACTIVITIES	230,560	280,952	22	333,152	406,167	425,773		
		CASH FLOWS FROM INVESTING ACTIVITIES								
		Receipts								
59,414		Proceeds from Sale of Property, Plant & Equipment	45,258	41,026	-9	31,301	32,796	34,311		
1,787		Proceeds from Sale/Maturities of Investments	22,351	61,021	173	38,335	9,267	7,306		
2,117		Repayment of Home Loan Principal	1,860	1,602	-14	1,384	1,199	1,042		
63,318		Investing Receipts	69,469	103,649	49	71,020	43,262	42,659		
		Payments								
443,618		Purchase of Property, Plant and Equipment	306,460	515,682	68	394,372	291,169	242,338		
3,945		Purchase of Land and Intangibles	9,055	1,680	-81	141	77	77		
101,815		Purchase of Investments	84,030	61,439	-27	46,763	35,742	30,032		
549,378		Investing Payments	399,545	578,801	45	441,276	326,988	272,447		
-486,060		NET CASH INFLOW/(OUTFLOW) FROM INVESTING ACTIVITIES	-330,076	-475,152	-44	-370,256	-283,726	-229,788		
		CASH FLOWS FROM FINANCING ACTIVITIES								
		Receipts								
59,746		Borrowings Received	87,104	59,485	-32	89,478	101,224	86,136		
59,746		Financing Receipts	87,104	59,485	-32	89,478	101,224	86,136		
		Payments								
70,556		Repayment of Borrowings	84,151	86,640	3	84,712	80,038	79,892		
16,011		Repayment of Finance Lease	14,755	11,652	-21	7,838	3,550	3,526		
86,567		Financing Payments	98,906	98,292	-1	92,550	83,588	83,418		
-26,821		NET CASH INFLOW/(OUTFLOW) FROM FINANCING ACTIVITIES	-11,802	-38,807	-229	-3,072	17,636	2,718		
-325,385		NET INCREASE/(DECREASE) IN CASH HELD	-111,318	-233,007	-109	-40,176	140,077	198,703		
726,365		CASH AT BEGINNING OF REPORTING PERIOD	759,056	647,738	-15	414,731	374,555	514,632		
400,980		CASH AT THE END OF THE REPORTING PERIOD	647,738	414,731	-36	374,555	514,632	713,335		

Table D.12
Australian Capital Territory	
Consolidated Total Territory	
Statement of Changes in Equity	
    Budget			Est.Outcome	   Planned		   Planned	   Planned	   Planned		
as at 30/6/06			as at 30/6/06	as at 30/6/07	   Var	as at 30/6/08	as at 30/6/09	as at 30/6/10		
   $'000			   $'000	    $'000	    %	    $'000	    $'000	    $'000		
9,304,448		Opening Balance	9,264,930	9,367,580	1	9,559,081	9,791,939	10,123,497		
		Accumulated Funds								
4,315		Net Effect of Change in Accounting Policy	-148,680	0	-100	0	0	0		
0		Net Effect of a Correction of an Error	-3,197	270	-108	0	0	0		
-112,493		Operating Result for the Period	101,314	-27,483	-127	-10,691	76,989	131,817		
		Reserves								
116,679		Increase/(Decrease) in asset revaluation reserve	113,371	196,715	74	221,549	232,569	269,649		
0		Increase/(Decrease) in other reserves	900	0	-100	0	0	0		
22,000		Transfer to/from Reserves	38,942	21,999	-44	22,000	22,000	22,000		
30,501		Total Income And Expense For The Period	102,650	191,501	87	232,858	331,558	423,466		
		Transactions Involving Equity Holders Affecting Accumulated Funds								
9,334,949		Closing Balance	9,367,580	9,559,081	2	9,791,939	10,123,497	10,546,963