APPENDIX F

2009–10 GFS/GAAP HARMONISED
FINANCIAL STATEMENTS

2009-10 GFS/GAAP HARMONISED FINANCIAL STATEMENTS
Table F.1
Australian Capital Territory
General Government Sector
Operating Statement
2008-09	 	2008-09	2009-10	 	2010-11	2011-12	2012-13	
Budget		Est. Outcome	Budget	Var	Estimate	Estimate	Estimate	
$'000	 	$'000	$'000	%	$'000	$'000	$'000	
 		 	 					
	Revenue							
1,048,752	Taxation Revenue	972,834 	1,018,722 	5 	1,080,200 	1,151,120 	1,225,823 	
1,440,502	Grants Revenue	1,479,854 	1,675,018 	13 	1,668,161 	1,645,753 	1,719,950 	
359,693	Sales of Goods and Services Revenue	385,976 	413,586 	7 	417,528 	433,163 	445,597 	
164,671	Interest Income	147,617 	92,512 	-37 	90,805 	92,221 	96,437 	
161,124	Dividend and Income Tax Equivalent Income 	191,869 	155,461 	-19 	160,775 	234,759 	239,367 	
143,402	Other Revenue	108,326 	96,464 	-11 	100,753 	102,060 	103,674 	
3,318,144	Total Revenue	3,286,476 	3,451,763 	5 	3,518,222 	3,659,076 	3,830,848 	
								
	Expenses							
1,145,062	Employee Expenses	1,179,774 	1,231,024 	4 	1,264,474 	1,313,423 	1,370,103 	
	Superannuation Expenses							
194,910	Superannuation Interest Cost	204,451 	227,876 	11 	243,371 	258,740 	273,835 	
227,281	Other Superannuation Expenses	179,491 	207,188 	15 	212,174 	237,395 	241,187 	
216,185	Depreciation and Amortisation Expenses	214,671 	230,740 	7 	254,478 	273,081 	285,126 	
62,918	Interest Expenses	62,366 	65,264 	5 	71,247 	91,904 	90,728 	
	Other Operating Expenses							
726,464	Supplies and Services	737,700 	808,971 	10 	837,121 	899,790 	959,768 	
135,356	Other Operating Expenses	154,163 	145,868 	-5 	153,682 	161,402 	167,780 	
615,543	Grants Expenses	649,157 	705,871 	9 	694,139 	695,799 	709,417 	
3,323,719	Total Expenses	3,381,773 	3,622,802 	7 	3,730,686 	3,931,534 	4,097,944 	
								
-5,575	UPF Net Operating Balance	-95,297 	-171,039 	-79 	-212,464 	-272,458 	-267,096 	
								
	Other Economic Flows - included in the Operating Result					
24,286	Dividends - Market Gains on Land Sales	26,892 	14,279 	-47 	25,830 	16,212 	23,300 	
302,256	Net Land Revenue (Undeveloped Land Value)	152,897 	167,060 	9 	207,558 	209,218 	235,317 	
100	Net Gain on Non-Financial Assets	-25,721 	892 	103 	404 	408 	408 	
90,464	Net Gain on Financial Assets or Liabilities at Fair Value	-362,794 	88,866 	124 	100,040 	107,604 	114,888 	
-1,458	Bad Debts Written Off	-1,608 	-1,813 	-13 	-1,860 	-1,910 	-1,961 	
								
410,073	Operating Result	-305,631 	98,245 	132 	119,508 	59,074 	104,856 	

Table F.1
Australian Capital Territory
General Government Sector
Operating Statement
2008-09	 	2008-09	2009-10	 	2010-11	2011-12	2012-13	
Budget		Est. Outcome	Budget	Var	Estimate	Estimate	Estimate	
$'000	 	$'000	$'000	%	$'000	$'000	$'000	
								
	Other Economic Flows - Other Non-Owner Changes in Equity				
-207,507 	Superannuation Prior Year Actuarial Movement	-475,659 	- 	100 	- 	- 	- 	
- 	Prior Year Adjustment	-7,727 	- 	100 	- 	- 	- 	
-1,875 	Net Effect of a Correction for an Error	-1,900 	- 	100 	- 	- 	- 	
- 	Increase/(Decrease) in Asset Revaluation Reserve	263,151 	-575 	-100 	-567 	-595 	-595 	
2 	Increase/(Decrease) in Other Reserves	-16,408 	3 	100 	-1 	-3 	1 	
								
200,693 	Comprehensive Result - Total Change in Net Worth Before Transactions with Owners as Owners	-544,174 	97,673 	118 	118,940 	58,476 	104,262 	
								
-5,575 	UPF Net Operating Balance 
less Net Acquisition of Non-Financial Assets	-95,297 	-171,039 	-79 	-212,464 	-272,458 	-267,096 	
569,594 	Purchases of Non-Financial Assets	453,339 	790,823 	74 	782,706 	371,436 	274,024 	
-100 	Sales of Non-Financial Assets	-17,315 	-8,654 	50 	-400 	-400 	-400 	
-299,707	Land Revenue (Net Cash Receipts)	-91,570	-199,428	-118 	-217,863	-208,056	-234,105	
-216,185 	Depreciation	-214,671 	-230,740 	-7 	-254,478 	-273,081 	-285,126 	
45,553 	Other Movements in Non-Financial Assets	43,707 	44,966 	3 	49,113 	49,066 	49,066 	
99,155 	Total Net Acquisition of Non-Financial Assets	173,490 	396,967 	129 	359,078 	-61,035 	-196,541 	
								
-104,730 	Net Lending / Borrowing
(Fiscal Balance)	-268,787 	-568,006 	-111 	-571,542 	-211,423 	-70,555 	

 	AUSTRALIAN CAPITAL TERRITORY NET OPERATING BALANCE	 	 	
 							 	
-5,575 	UPF Net Operating Balance	-95,297 	-171,039 	-79 	-212,464 	-272,458 	-267,096 	
90,464 	Expected Long Term Capital Gains on Superannuation Investments	53,949 	88,866 	65 	100,040 	107,604 	114,888 	
 							 	
84,889 	HEADLINE NET OPERATING BALANCE	-41,348 	-82,173 	-99 	-112,424 	-164,854 	-152,208 	

Table F.2 
Australian Capital Territory
General Government Sector
Balance Sheet
2008-09	 	2008-09	2009-10	 	2010-11	2011-12	2012-13	
Budget		Est. Outcome	Budget	Var	Estimate	Estimate	Estimate	
$'000	 	$'000	$'000	%	$'000	$'000	$'000	
								
	Assets							
	Financial Assets							
126,303 	Cash and Deposits	174,156 	138,098 	-21 	142,176 	147,428 	153,041 	
934,665 	Advances Paid	849,071 	1,117,057 	32 	1,216,232 	1,158,802 	1,148,068 	
3,351,368 	Investments, Loans and Placements	2,817,554 	2,533,878 	-10 	2,713,903 	2,842,153 	3,129,325 	
303,837 	Receivables	335,114 	321,526 	-4 	343,952 	388,741 	432,104 	
	Equity							
5,402,344 	Investments in Other Public Sector Entities	5,211,674 	5,349,333 	3 	5,467,472 	5,640,015 	5,738,457 	
10,118,517 	Total Financial Assets	9,387,569 	9,459,892 	1 	9,883,735 	10,177,139 	10,600,995 	
								
	Non-Financial Assets							
	Land and Other Fixed Assets							
8,585,235 	Property, Plant and Equipment	8,684,242 	8,972,523 	3 	9,316,182 	9,627,614 	10,028,948 	
70,761 	Investment Properties	70,761 	70,761 	- 	70,761 	70,761 	70,761 	
25,518 	Intangibles	23,670 	38,457 	62 	48,861 	62,651 	67,545 	
10,444 	Inventories	18,924 	19,062 	1 	19,198 	19,349 	19,500 	
251,292 	Capital Works-in-Progress	211,387 	472,793 	124 	670,528 	473,779 	104,893 	
31,915 	Other Non-Financial Assets	41,942 	11,028 	-74 	11,027 	11,026 	11,025 	
8,975,165 	Total Non-Financial Assets	9,050,926 	9,584,624 	6 	10,136,557 	10,265,180 	10,302,672 	
								
19,093,682 	Total Assets	18,438,495 	19,044,516 	3 	20,020,292 	20,442,319 	20,903,667 	
								
	Liabilities							
7,485 	Deposits Held	39,698 	22,698 	-43 	26,198 	34,698 	44,698 	
99,346 	Advances Received	99,346 	96,368 	-3 	93,280 	90,079 	86,758 	
	Borrowings							
4,623 	Finance Leases	42,317 	1,796 	-96 	2,699 	1,393 	1,554 	
1,066,346 	Other Borrowings	993,460 	1,227,351 	24 	1,712,228 	1,626,568 	1,610,560 	
3,722,957 	Superannuation	3,797,936 	4,056,180 	7 	4,312,336 	4,563,921 	4,811,023 	
337,676 	Other Employee Benefits	368,229 	385,918 	5 	407,418 	428,710 	449,492 	
334,757 	Payables	425,011 	448,121 	5 	475,214 	500,905 	522,124 	
6,445 	Other Liabilities	17,742 	17,941 	1 	18,151 	18,366 	18,581 	
5,579,635 	Total Liabilities	5,783,739 	6,256,373 	8 	7,047,524 	7,264,640 	7,544,790 	
								
13,514,047 	Net Assets	12,654,756 	12,788,143 	1 	12,972,768 	13,177,679 	13,358,877 	
								
5,402,344 	Equity in Public Trading Entities	5,211,674 	5,349,333 	3 	5,467,472 	5,640,015 	5,738,457 	
5,367,982 	Accumulated Funds	4,463,978 	4,460,278 	.. 	4,527,332 	4,560,298 	4,643,648 	
2,734,770 	Asset Revaluation Reserve	2,985,165 	2,984,590 	.. 	2,984,023 	2,983,428 	2,982,833 	
8,951 	Other Reserves	-6,061 	-6,058 	.. 	-6,059 	-6,062 	-6,061 	
								
13,514,047 	Net Worth	12,654,756 	12,788,143 	1 	12,972,768 	13,177,679 	13,358,877 	
								
4,538,882 	Net Financial Worth	3,603,830 	3,203,519 	-11 	2,836,211 	2,912,499 	3,056,205 	
863,462 	Net Financial Liabilities	1,607,844 	2,145,814 	33 	2,631,261 	2,727,516 	2,682,252 	
-3,234,516 	Net Debt (including Superannuation related Investments)	-2,665,960 	-2,440,820 	8 	-2,237,906 	-2,395,645 	-2,686,864 	
-889,887 	Net Debt (excluding Superannuation related Investments) 	-874,840 	-471,929 	46 	-92,585 	-94,178 	-230,075 	

Table F.3
Australian Capital Territory
General Government Sector
Cash Flow Statement
2008-09	 	2008-09	2009-10	 	2010-11	2011-12	2012-13	
Budget		Est. Outcome	Budget	Var	Estimate	Estimate	Estimate	
$'000	 	$'000	$'000	%	$'000	$'000	$'000	
		 	 					
	Cash Flows from Operating Activities							
	Cash Receipts							
1,021,378 	Taxes Received	927,682 	982,116 	6 	1,042,975 	1,118,256 	1,194,119 	
395,912 	Receipts from Sales of Goods and Services	431,178 	427,380 	-1 	420,649 	436,175 	449,421 	
1,406,322 	Grants/Subsidies Received	1,446,579 	1,629,371 	13 	1,618,737 	1,596,374 	1,670,208 	
163,956 	Interest Receipts	147,979 	92,997 	-37 	91,665 	92,993 	97,171 	
198,444 	Dividend and Income Tax Equivalent Receipts	186,792 	113,408 	-39 	107,045 	175,231 	185,082 	
355,753 	Other Receipts	374,984 	341,930 	-9 	350,574 	352,658 	360,386 	
3,541,765 	Total Cash Received from Operating Activities	3,515,194 	3,587,202 	2 	3,631,645 	3,771,687 	3,956,387 	
	Cash Payments							
-1,275,882 	Payments for Employees	-1,307,229 	-1,381,583 	-6 	-1,444,218 	-1,537,958 	-1,619,185 	
-818,858 	Payments for Goods and Services	-705,412 	-751,725 	-7 	-775,215 	-850,148 	-930,227 	
-638,511 	Grants and Subsidies Paid	-659,944 	-721,973 	-9 	-708,699 	-709,183 	-723,141 	
-51,499 	Interest Paid	-40,538 	-51,431 	-27 	-67,102 	-83,623 	-82,257 	
-268,909 	Other Payments	-373,707 	-340,171 	9 	-332,688 	-347,322 	-364,874 	
-3,053,659 	Total Cash Paid from Operating Activities	-3,086,830 	-3,246,883 	-5 	-3,327,922 	-3,528,234 	-3,719,684 	
488,106 	Net Cash Flows from Operating Activities	428,364 	340,319 	-21 	303,723 	243,453 	236,703 	
								
	Cash Flows from Investing Activities						
	Cash Flows from Investments in Non-Financial Assets					
299,807 	Sales of Non-Financial Assets	108,885 	208,082 	91 	218,263 	208,456 	234,505 	
-569,594 	Purchases of Non-Financial Assets	-453,339 	-790,823 	-74 	-782,706 	-371,436 	-274,024 	
-269,787 	Net Cash Flows from Investments in Non-Financial Assets	-344,454 	-582,741 	-69 	-564,443 	-162,980 	-39,519 	
								
	Cash Flows from Investments in Financial Assets for Policy Purposes			
	Cash Receipts							
996 	Repayment of Loans	977 	806 	-18 	727 	673 	640 	
24,286 	Dividends - Market Gains on Land Sales	26,892 	14,279 	-47 	25,830 	16,212 	23,300 	
25,282 	Total Cash Received from Investments in Financial Assets for Policy Purposes	27,869 	15,085 	-46 	26,557 	16,885 	23,940 	
	Cash Payments							
-13,000 	Issue of Loan	-13,000 	-8,300 	36 	-10,300 	-7,300 	-300 	
-32,780 	Capital Payments to Government Agencies	-33,735 	-101,945 	-202 	-52,454 	-26,108 	-21,506 	
-45,780 	Total Cash Paid from Investments in Financial Assets for Policy Purposes	-46,735 	-110,245 	-136 	-62,754 	-33,408 	-21,806 	
-20,498 	Net Cash Flows from Investments in Financial Assets for Policy Purposes	-18,866 	-95,160 	-404 	-36,197 	-16,523 	2,134 	

Table F.3
Australian Capital Territory
General Government Sector
Cash Flow Statement
2008-09	 	2008-09	2009-10	 	2010-11	2011-12	2012-13	
Budget		Est. Outcome	Budget	Var	Estimate	Estimate	Estimate	
$'000	 	$'000	$'000	%	$'000	$'000	$'000	
								
	Cash Flows from Investments in Financial Assets for Liquidity Purposes			
226,068 	Sales of Investments	440,113 	464,372 	6 	7,551 	31,763 	4,321 	
-398,414 	Purchase of Investments	-520,341 	-112,026 	78 	-87,486 	-53,613 	-178,872 	
-172,346 	Net Cash Flows from Investments in Financial Assets for Liquidity Purposes	-80,228 	352,346 	539 	-79,935 	-21,850 	-174,551 	
-462,631 	Net Cash Flows from Investing Activities	-443,548 	-325,555 	27 	-680,575 	-201,353 	-211,936 	
								
	Cash Flows from Financing Activities						
	Cash Receipts							
266,652 	Borrowings	194,242 	246,390 	27 	494,392 	82,695 	8,142 	
266,652 	Total Cash Received from Financing Activities	194,242 	246,390 	27 	494,392 	82,695 	8,142 	
	Cash Payments							
-304,215 	Borrowings	-231,865 	-279,940 	-21 	-109,272 	-112,296 	-22,680 	
-304,215 	Total Cash Paid from Financing Activities	-231,865 	-279,940 	-21 	-109,272 	-112,296 	-22,680 	
-37,563 	Net Cash Flows from Financing Activities	-37,623 	-33,550 	11 	385,120 	-29,601 	-14,538 	
								
-12,088 	Net Increase/(Decrease) in Cash held	-52,807 	-18,786 	64 	8,268 	12,499 	10,229 	
								
137,054 	Cash and Cash Equivalents at the Beginning of Reporting Period	177,908 	125,101 	-30 	106,315 	114,583 	127,082 	
124,966 	Cash and Cash Equivalents at the End of Reporting Period	125,101 	106,315 	-15 	114,583 	127,082 	137,311 	
								
	Key Fiscal Aggregates							
488,106 	Net Cash Flows from Operating Activities	428,364 	340,319 	-21 	303,723 	243,453 	236,703 	
-269,787 	Net Cash Flows from Investments in Non-Financial Assets	-344,454 	-582,741 	-69 	-564,443 	-162,980 	-39,519 	
218,319 	Cash Surplus (+) / Deficit (-)	83,910 	-242,422 	-389 	-260,720 	80,473 	197,184 	
	A positive number denotes a cash inflow, a negative sign denotes a cash outflow			
								
 	Derivation of ABS GFS Cash Surplus/Deficit	 	 	 	 	 	
218,319 	Cash Surplus (+) / Deficit (-)	83,910 	-242,422 	-389 	-260,720 	80,473 	197,184 	
- 	Acquisitions Under Finance Leases and Similar Arrangements (a)	- 	- 	- 	- 	- 	- 	
								
218,319 	ABS GFS Cash Surplus (+) / Deficit (-) Including Finance and Similar Arrangements	83,910 	-242,422 	-389 	-260,720 	80,473 	197,184 	
	(a) Finance leases are shown with a negative sign as they are deducted in compiling the ABS GFS cash surplus/deficit.	

Table F.4
Australian Capital Territory
General Government Sector
Statement of Changes in Equity
2008-09	 	2008-09	2009-10	 	2010-11	2011-12	2012-13	
Budget		Est. Outcome	Budget	Var	Estimate	Estimate	Estimate	
$'000	 	$'000	$'000	%	$'000	$'000	$'000	
								
13,015,078 	Opening Balance	13,305,207 	12,654,756 	- 	12,788,143 	12,972,768 	13,177,679 	
								
200,691 	Comprehensive Result - Accumulated Funds	-790,917 	98,245 	112 	119,508 	59,074 	104,856 	
2 	Comprehensive Result - Reserves	246,743 	-572 	-100 	-568 	-598 	-594 	
	Transactions Involving Owners Affecting Accumulated Funds	
-32,780 	Capital Injections 	-33,735 	-101,945 	-202 	-52,454 	-26,108 	-21,506 	
331,056 	Increase/(Decrease) in Net Assets of PTE Entities	-72,542 	137,659 	290 	118,139 	172,543 	98,442 	
	 							
13,514,047 	Closing Balance	12,654,756 	12,788,143 	1	12,972,768 	13,177,679 	13,358,877 	

Table F.5
Australian Capital Territory
Public Trading Enterprise
Operating Statement
2008-09	 	2008-09	2009-10	 	2010-11	2011-12	2012-13	
Budget		Est. Outcome	Budget	Var	Estimate	Estimate	Estimate	
$'000	 	$'000	$'000	%	$'000	$'000	$'000	
 		 	 					
	Revenue							
107,005 	Government Payment for Outputs and Subsidies	133,074 	154,553 	16 	152,509 	154,216 	155,808 	
20,887 	Grants Revenue	10,772 	- 	-100 	- 	- 	- 	
	Sales of Goods and Services Revenue							
83,230 	Revenue from Associates and Joint Ventures	87,905 	72,924 	..	76,277 	75,296 	76,679 	
350,941 	Other Sales of Goods and Services	338,603 	353,296 	4 	391,351 	435,002 	453,977 	
18,118 	Interest Income	17,064 	5,046 	-70 	5,990 	6,140 	6,789 	
	Other Revenue							
146,634 	Land Revenue (Value Add Component)	90,018 	170,647 	90 	129,125 	212,364 	165,477 	
6,315 	Other Revenue	7,073 	7,253 	3 	7,946 	8,642 	9,075 	
733,130 	Total Revenue	684,509 	763,719 	12 	763,198 	891,660 	867,805 	
								
	Expenses							
91,071 	Employee Expenses	92,738 	97,436 	5 	98,631 	100,479 	102,928 	
11,878 	Superannuation Expenses	12,238 	13,383 	9 	13,622 	13,790 	14,132 	
56,306 	Depreciation and Amortisation Expenses	55,559 	61,737 	11 	71,377 	77,198 	76,171 	
46,117 	Interest Expenses	45,519 	52,337 	15 	70,641 	67,906 	64,931 	
47,097 	Other Property Expenses (Income Tax Expense)	53,707 	44,239 	-18 	45,206 	64,796 	68,428 	
	Other Operating Expenses							
110,150 	Supplies and Services	119,829 	123,356 	3 	128,103 	126,914 	131,920 	
214,604 	Other Operating Expenses	183,079 	233,470 	28 	207,773 	260,466 	234,471 	
48,566 	Grants Expenses	46,764 	65,733 	41 	72,209 	68,853 	68,321 	
625,789 	Total Expenses	609,433 	691,691 	13 	707,562 	780,402 	761,302 	
								
107,341 	UPF Net Operating Balance	75,076 	72,028 	-4 	55,636 	111,258 	106,503 	
								
	Other Economic Flows - included in the Operating Result	
34,765 	Land Revenue (Market Gains on Land Sales)	38,416 	20,400 	-47 	36,901 	23,160 	33,286 	
8,159 	Net Gain on Non-Financial Assets	4,210 	-3,171 	-175 	-5,925 	-6,072 	-6,072 	
-1,532 	Bad Debts Written Off	-1,820 	-1,818 	.. 	-1,824 	-1,826 	-1,874 	
								
148,733 	Operating Result	115,882 	87,439 	-25 	84,788 	126,520 	131,843 	

Table F.5
Australian Capital Territory
Public Trading Enterprise
Operating Statement
2008-09	 	2008-09	2009-10	 	2010-11	2011-12	2012-13	
Budget		Est. Outcome	Budget	Var	Estimate	Estimate	Estimate	
$'000	 	$'000	$'000	%	$'000	$'000	$'000	
								
	Other Economic Flows - Other Non-Owner Changes in Equity	
- 	Net Effect of a Correction for an Error	-660 	- 	100 	10 	- 	- 	
265,856 	Increase/(Decrease) in Asset Revaluation Reserve	-128,022 	22,079 	117 	56,843 	138,806 	70,350 	
22,000 	Transfer to/from Reserves	22,000 	22,000 	- 	22,000 	22,000 	22,000 	
								
436,589 	Comprehensive Result - Total Change in Net Worth Before Transactions with Owners as Owners	9,200 	131,518 	# 	163,641 	287,326 	224,193 	
								
107,341 	UPF Net Operating Balance 
less Net Acquisition of Non-Financial Assets	75,076 	72,028 	-4 	55,636 	111,258 	106,503 	
270,069 	Purchases of Non-Financial Assets	309,175 	480,022 	55 	344,926 	88,171 	75,462 	
-67,039 	Sales of Non-Financial Assets	-49,846 	-51,926 	-4 	-35,344 	-25,456 	-26,496 	
-34,765	Land Revenue (Net Cash Receipts)	-166,340	-32,978	80 	-75,073	-78,414	-88,144	
-56,306 	Depreciation	-55,559 	-61,737 	-11 	-71,377 	-77,198 	-76,171 	
-46,300 	Other Movements in Non-Financial Assets	-43,707 	-44,966 	-3 	-49,113 	-49,066 	-49,066 	
65,659 	Total Net Acquisition of Non-Financial Assets	-6,277 	288,415 	# 	114,019 	-141,963 	-164,415 	
								
41,682 	Net Lending / Borrowing (Fiscal Balance)	81,353 	-216,387 	-366 	-58,383 	253,221 	270,918 	

								
	AUSTRALIAN CAPITAL TERRITORY NET OPERATING BALANCE	
								
107,341 	UPF Net Operating Balance	75,076 	72,028 	-4 	55,636 	111,258 	106,503 	
 							 	
107,341 	HEADLINE NET OPERATING BALANCE	75,076 	72,028 	-4 	55,636 	111,258 	106,503 	

Table F.6
Australian Capital Territory
Public Trading Enterprise
Balance Sheet
2008-09	 	2008-09	2009-10	 	2010-11	2011-12	2012-13	
Budget		Est. Outcome	Budget	Var	Estimate	Estimate	Estimate	
$'000	 	$'000	$'000	%	$'000	$'000	$'000	
								
	Assets							
	Financial Assets							
61,445 	Cash and Deposits	91,037 	48,039 	-47 	49,889 	56,314 	75,325 	
351,230 	Investments, Loans and Placements	213,566 	246,113 	15 	183,281 	179,839 	255,258 	
104,796 	Receivables	94,465 	95,154 	1 	96,174 	99,586 	103,131 	
	Equity							
541,107 	Investments Accounted for Using Equity Method	544,136 	544,984 	.. 	534,166 	540,494 	512,342 	
1,058,578 	Total Financial Assets	943,204 	934,290 	-1 	863,510 	876,233 	946,056 	
								
	Non-Financial Assets							
	Land and Other Fixed Assets							
5,170,237 	Property, Plant and Equipment	5,056,476 	5,339,903 	6 	5,938,462 	6,116,411 	6,184,732 	
2,848 	Intangibles	29,260 	38,709 	32 	38,257 	38,119 	37,670 	
111,625 	Inventories	193,117 	165,844 	-14 	144,685 	151,467 	156,258 	
68,952 	Assets Held for Sale	18,906 	1,066 	-94 	1,246 	1,446 	1,646 	
198,962 	Capital Works-in-Progress	187,701 	346,958 	85 	66,789 	61,450 	54,975 	
	Other Non-Financial Assets							
31,812 	Deferred Tax Assets	47,194 	47,194 	- 	47,194 	47,194 	47,194 	
76 	Other	1,375 	1,375 	- 	1,375 	1,375 	1,375 	
5,584,512 	Total Non-Financial Assets	5,534,029 	5,941,049 	7 	6,238,008 	6,417,462 	6,483,850 	
								
6,643,090 	Total Assets	6,477,233 	6,875,339 	6 	7,101,518 	7,293,695 	7,429,906 	
								
	Liabilities							
994,224 	Advances Received	922,300 	1,173,538 	27 	1,256,734 	1,187,434 	1,171,894 	
	Borrowings							
414 	Finance Leases	378 	479 	27 	571 	580 	589 	
3,193 	Other Borrowings	604 	42,943 	# 	87,718 	132,747 	173,815 	
55,979 	Other Employee Benefits	135,842 	123,175 	-9 	113,823 	118,030 	121,331 	
112,005 	Payables	145,878 	95,533 	-35 	80,967 	82,220 	85,109 	
	Other Liabilities							
6,405 	Current Tax Liability	9,198 	9,583 	4 	11,186 	15,651 	16,143 	
68,434 	Deferred Tax Liability	51,272 	80,755 	58 	83,047 	117,018 	122,568 	
92 	Other Liabilities	87 	- 	-100 	- 	- 	- 	
1,240,746 	Total Liabilities	1,265,559 	1,526,006 	21 	1,634,046 	1,653,680 	1,691,449 	
								
5,402,344 	Net Assets	5,211,674 	5,349,333 	3 	5,467,472 	5,640,015 	5,738,457 	
								
2,212,243 	Accumulated Funds	2,159,261 	2,274,841 	5 	2,336,137 	2,369,874 	2,397,966 	
3,180,016 	Asset Revaluation Reserve	3,041,891 	3,063,970 	1 	3,120,813 	3,259,619 	3,329,969 	
10,085 	Other Reserves	10,522 	10,522 	- 	10,522 	10,522 	10,522 	
								
5,402,344 	Net Worth	5,211,674 	5,349,333 	3 	5,467,472 	5,640,015 	5,738,457 	
 	 	 	 	- 	 	 	 	
-182,168 	Net Financial Worth	-322,355 	-591,716 	-84 	-770,536 	-777,447 	-745,393 	
585,156 	Net Debt	618,679 	922,808 	49 	1,111,853 	1,084,608 	1,015,715 	

Table F.7
Australian Capital Territory
Public Trading Enterprise
Cash Flow Statement
2008-09	 	2008-09	2009-10	 	2010-11	2011-12	2012-13	
Budget		Est. Outcome	Budget	Var	Estimate	Estimate	Estimate	
$'000	 	$'000	$'000	%	$'000	$'000	$'000	
		 	 					
	Cash Flows from Operating Activities							
	Cash Receipts							
563,441 	Receipts from Sales of Goods and Services	674,531 	765,840 	14 	823,615 	944,769 	953,043 	
127,145 	Grants/Subsidies Received	122,699 	133,553 	9 	130,909 	131,916 	133,508 	
18,118 	Interest Receipts	17,874 	5,046 	-72 	5,990 	6,140 	6,789 	
51,056 	Other Receipts	60,608 	81,469 	34 	84,517 	87,055 	92,405 	
759,760 	Total Cash Received from Operating Activities	875,712 	985,908 	13 	1,045,031 	1,169,880 	1,185,745 	
	Cash Payments							
-100,644 	Payments for Employees	-103,378 	-109,556 	-6 	-110,950 	-112,928 	-115,677 	
-423,950 	Payments for Goods and Services	-139,969 	-129,067 	8 	-131,980 	-130,463 	-135,751 	
-2,266 	Grants and Subsidies Paid	-2,310 	-20,767 	-799 	-23,096 	-19,787 	-19,255 	
-46,108 	Interest Paid	-46,870 	-48,875 	-4 	-65,896 	-62,717 	-66,579 	
-60,796 	Other Payments	-396,181 	-527,767 	-33 	-520,993 	-579,705 	-571,926 	
-633,764 	Total Cash Paid from Operating Activities	-688,708 	-836,032 	-21 	-852,915 	-905,600 	-909,188 	
125,996 	Net Cash Flows from Operating Activities	187,004 	149,876 	-20 	192,116 	264,280 	276,557 	
								
	Cash Flows from Investing Activities							
	Cash Flows from Investments in Non-Financial Assets	
101,804 	Sales of Non-Financial Assets	49,846 	51,926 	4 	35,344 	25,456 	26,496 	
-270,069 	Purchases of Non-Financial Assets	-309,175 	-480,022 	-55 	-344,926 	-88,171 	-75,462 	
-168,265 	Net Cash Flows from Investments in Non-Financial Assets	-259,329 	-428,096 	-65 	-309,582 	-62,715 	-48,966 	
								
	Cash Flows from Investments in Financial Assets for Policy Purposes	
	Cash Receipts							
32,780 	Capital Payments from Government Agencies	33,735 	101,945 	202 	52,454 	26,108 	21,506 	
32,780 	Total Cash Received from Investments in Financial Assets for Policy Purposes	33,735 	101,945 	202 	52,454 	26,108 	21,506 	
	Cash Payments							
-24,286 	Dividends - Market Gains on Land Sales	-26,892 	-14,279 	47 	-25,830 	-16,212 	-23,300 	
-24,286 	Total Cash Paid from Investments in Financial Assets for Policy Purposes	-26,892 	-14,279 	47 	-25,830 	-16,212 	-23,300 	
8,494 	Net Cash Flows from Investments in Financial Assets for Policy Purposes	6,843 	87,666 	# 	26,624 	9,896 	-1,794 	

Table F.7
Australian Capital Territory
Public Trading Enterprise
Cash Flow Statement
2008-09	 	2008-09	2009-10	 	2010-11	2011-12	2012-13	
Budget		Est. Outcome	Budget	Var	Estimate	Estimate	Estimate	
$'000	 	$'000	$'000	%	$'000	$'000	$'000	
		 	 					
	Cash Flows from Investments in Financial Assets for Liquidity Purposes			
34,690 	Sales of Investments	60,537 	21,075 	-65 	7,929 	19,885 	178,513 	
-153 	Purchase of Investments	-122 	-5,292 	# 	-208 	-34,102 	-101,807 	
34,537 	Net Cash Flows from Investments in Financial Assets for Liquidity Purposes	60,415 	15,783 	-74 	7,721 	-14,217 	76,706 	
-125,234 	Net Cash Flows from Investing Activities	-192,071 	-324,647 	-69 	-275,237 	-67,036 	25,946 	
								
	Cash Flows from Financing Activities						
	Cash Receipts							
300,060 	Borrowings	220,060 	270,060 	23 	100,060 	18,060 	60 	
300,060 	Total Cash Received from Financing Activities	220,060 	270,060 	23 	100,060 	18,060 	60 	
	Cash Payments							
-15,191 	Borrowings	-10,481 	-20,017 	-91 	-16,930 	-87,650 	-13,014 	
-112,921 	Dividends Paid	-84,938 	-75,639 	11 	-64,100 	-117,278 	-121,161 	
-85,523 	Other Financing	-101,854 	-37,769 	63 	-42,945 	-57,953 	-63,921 	
-213,635 	Total Cash Paid from Financing Activities	-197,273 	-133,425 	32 	-123,975 	-262,881 	-198,096 	
86,425 	Net Cash Flows from Financing Activities	22,787 	136,635 	500 	-23,915 	-244,821 	-198,036 	
								
87,187 	Net Increase/(Decrease) in Cash held	17,720 	-38,136 	-315 	-107,036 	-47,577 	104,467 	
								
310,663 	Cash and Cash Equivalents at the Beginning of Reporting Period	317,054 	334,774 	6 	296,638 	189,602 	142,025 	
397,850 	Cash and Cash Equivalents at the End of Reporting Period	334,774 	296,638 	-11 	189,602 	142,025 	246,492 	
								
	Key Fiscal Aggregates							
125,996 	Net Cash Flows from Operating Activities	187,004 	149,876 	-20 	192,116 	264,280 	276,557 	
-168,265 	Net Cash Flows from Investments in Non-Financial Assets	-259,329 	-428,096 	-65 	-309,582 	-62,715 	-48,966 	
-198,444 	Distributions Paid	-186,792 	-113,408 	39 	-107,045 	-175,231 	-185,082 	
-240,713 	Cash Surplus (+) / Deficit (-)	-259,117 	-391,628 	-51 	-224,511 	26,334 	42,509 	
	A positive number denotes a cash inflow, a negative sign denotes a cash outflow			
								
 	Derivation of ABS GFS Cash Surplus/Deficit	 	 	 	 	 	
-240,713 	Cash Surplus (+) / Deficit (-)	-259,117 	-391,628 	-51 	-224,511 	26,334 	42,509 	
- 	Acquisitions Under Finance Leases and Similar Arrangements (a)	- 	- 	- 	- 	- 	- 	
								
-240,713 	ABS GFS Cash Surplus (+) / Deficit (-) Including Finance and Similar Arrangements	-259,117 	-391,628 	-51 	-224,511 	26,334 	42,509 	
	(a) Finance leases are shown with a negative sign as they are deducted in compiling the ABS GFS cash surplus/deficit.	

Table F.8
Australian Capital Territory
Public Trading Enterprise
Statement of Changes in Equity
2008-09	 	2008-09	2009-10	 	2010-11	2011-12	2012-13	
Budget		Est. Outcome	Budget	Var	Estimate	Estimate	Estimate	
$'000	 	$'000	$'000	%	$'000	$'000	$'000	
								
5,071,288 	Opening Balance	5,284,217 	5,211,674 	- 	5,349,333 	5,467,472 	5,640,015 	
								
148,733 	Comprehensive Result - Accumulated Funds	115,222 	87,439 	-24 	84,798 	126,520 	131,843 	
287,856 	Comprehensive Result - Reserves	-106,022 	44,079 	142 	78,843 	160,806 	92,350 	
	Transactions Involving Owners Affecting Accumulated Funds	
32,780 	Capital Injections 	33,735 	101,945 	202 	52,454 	26,108 	21,506 	
-138,313 	Dividends Approved	-115,478 	-95,804 	17 	-97,956 	-140,891 	-147,258 	
								
5,402,344 	Closing Balance	5,211,674 	5,349,333 	3 	5,467,472 	5,640,015 	5,738,457 	

Table F.9
Australian Capital Territory
Consolidated Total Territory
Operating Statement
2008-09	 	2008-09	2009-10	 	2010-11	2011-12	2012-13	
Budget		Est. Outcome	Budget	Var	Estimate	Estimate	Estimate	
$'000	 	$'000	$'000	%	$'000	$'000	$'000	
 		 	 					
	Revenue							
1,023,025 	Taxation Revenue	943,041 	993,059 	5 	1,054,309 	1,123,430 	1,197,121 	
1,394,696 	Grants Revenue	1,435,619 	1,630,052 	14 	1,619,048 	1,596,687 	1,670,884 	
	Sales of Goods and Services Revenue							
83,230 	Revenue from Associates and Joint Ventures	87,905 	72,924 	..	76,277 	75,296 	76,679 	
646,266 	Other Sales of Goods and Services	662,617 	702,755 	6 	743,692 	799,851 	828,920 	
138,511 	Interest Income	125,768 	62,435 	-50 	44,957 	49,467 	52,214 	
- 	Dividend and Income Tax Equivalent Income 	69,395 	35,782 	-48 	44,101 	47,662 	50,996 	
126,234 	Land Revenue (Value Add Component)	90,018 	170,647 	90 	129,125 	212,364 	165,477 	
132,021 	Other Revenue	96,790 	84,504 	-13 	89,333 	91,151 	92,962 	
3,543,983 	Total Revenue	3,511,153 	3,752,158 	7 	3,800,842 	3,995,908 	4,135,253 	
								
	Expenses							
1,236,133 	Employee Expenses	1,272,512 	1,328,460 	4 	1,363,105 	1,413,902 	1,473,031 	
	Superannuation Expenses							
206,287 	Superannuation Interest Cost	204,458 	227,881 	11 	265,685 	282,464 	298,942 	
218,900 	Other Superannuation Expenses	182,520 	210,762 	15 	193,706 	217,684 	220,378 	
272,491 	Depreciation and Amortisation Expenses	270,230 	292,477 	8 	325,855 	350,279 	361,297 	
64,757 	Interest Expenses	68,972 	82,478 	20 	90,050 	110,916 	104,647 	
	Other Operating Expenses							
809,508 	Supplies and Services	831,357 	902,598 	9 	937,789 	996,771 	1,060,182 	
248,902 	Other Operating Expenses	253,343 	296,135 	17 	268,299 	326,983 	306,755 	
519,666 	Grants Expenses	547,992 	603,663 	10 	597,403 	595,276 	607,060 	
3,576,644 	Total Expenses	3,631,384 	3,944,454 	9 	4,041,892 	4,294,275 	4,432,292 	
								
-32,661 	UPF Net Operating Balance	-120,231 	-192,296 	-60 	-241,050 	-298,367 	-297,039 	
								
	Other Economic Flows - included in the Operating Result					
34,765 	Land Revenue (Market Gains on Land Sales)	38,417 	20,399 	-47 	36,901 	23,160 	33,286 	
302,256 	Net Land Revenue (Undeveloped Land Value)	152,896 	167,061 	9 	207,558 	209,218 	235,317 	
8,259 	Net Gain on Non-Financial Assets	-21,511 	-2,279 	89 	-5,521 	-5,664 	-5,664 	
90,464 	Net Gain on Financial Assets or Liabilities at Fair Value	-362,794 	88,866 	124 	100,040 	107,604 	114,888 	
-2,990 	Bad Debts Written Off	-3,428 	-3,631 	-6 	-3,684 	-3,736 	-3,835 	
								
400,093 	Operating Result	-316,651 	78,120 	125 	94,244 	32,215 	76,953 	

Table F.9
Australian Capital Territory
Consolidated Total Territory
Operating Statement
2008-09	 	2008-09	2009-10	 	2010-11	2011-12	2012-13	
Budget		Est. Outcome	Budget	Var	Estimate	Estimate	Estimate	
$'000	 	$'000	$'000	%	$'000	$'000	$'000	
								
	Other Economic Flows - Other Non-Owner Changes in Equity				
-207,507 	Superannuation Prior Year Actuarial Movement	-475,659 	- 	100 	- 	- 	- 	
- 	Prior Year Adjustment	27,932 	- 	-100 	- 	- 	- 	
-1,875 	Net Effect of a Correction for an Error	-2,560 	- 	100 	10 	- 	- 	
265,856 	Increase/(Decrease) in Asset Revaluation Reserve	135,129 	21,504 	-84 	56,276 	138,211 	69,755 	
2 	Increase/(Decrease) in Other Reserves	-16,408 	3 	100 	-1 	-3 	1 	
22,000 	Transfer to/from Reserves	22,000 	22,000 	- 	22,000 	22,000 	22,000 	
								
478,569 	Comprehensive Result - Total Change in Net Worth Before Transactions with Owners as Owners	-626,217 	121,627 	119 	172,529 	192,423 	168,709 	
								
-32,661 	UPF Net Operating Balance 
less Net Acquisition of Non-Financial Assets	-120,231 	-192,296 	-60 	-241,050 	-298,367 	-297,039 	
819,263 	Purchases of Non-Financial Assets	762,514 	1,270,845 	67 	1,127,632 	459,607 	349,486 	
-67,139 	Sales of Non-Financial Assets	-67,161 	-60,580 	10 	-35,744 	-25,856 	-26,896 	
-34,765	Land Revenue (Net Cash Receipts)	-226,086	-220,646	2 	-280,840	-273,982	-309,761	
-272,491 	Depreciation	-270,230 	-292,477 	-8 	-325,855 	-350,279 	-361,297 	
444,868 	Total Net Acquisition of Non-Financial Assets	199,037 	697,142 	250 	485,193 	-190,510 	-348,468 	
								
-477,529 	Net Lending / Borrowing 
(Fiscal Balance)	-319,268 	-889,438 	-179 	-726,243 	-107,857 	51,429 	

 	AUSTRALIAN CAPITAL TERRITORY NET OPERATING BALANCE	 	 	
 							 	
-32,661 	UPF Net Operating Balance	-120,231 	-192,296 	-60 	-241,050 	-298,367 	-297,039 	
90,464 	Expected Long Term Capital Gains on Superannuation Investments	53,949 	88,866 	65 	100,040 	107,604 	114,888 	
 							 	
57,803 	HEADLINE NET OPERATING BALANCE	-66,282 	-103,430 	-56 	-141,010 	-190,763 	-182,151 	

Table F.10
Australian Capital Territory
Consolidated Total Territory
Balance Sheet
2008-09	 	2008-09	2009-10	 	2010-11	2011-12	2012-13	
Budget		Est. Outcome	Budget	Var	Estimate	Estimate	Estimate	
$'000	 	$'000	$'000	%	$'000	$'000	$'000	
								
	Assets							
	Financial Assets							
180,348 	Cash and Deposits	240,193 	178,137 	-26 	180,565 	183,742 	198,366 	
45,882 	Advances Paid	32,872 	40,366 	23 	49,938 	56,565 	56,225 	
3,702,578 	Investments, Loans and Placements	3,031,120 	2,779,991 	-8 	2,897,184 	3,021,992 	3,384,583 	
324,450 	Receivables	339,251 	330,288 	-3 	351,797 	348,899 	376,370 	
	Equity							
541,107 	Investments Accounted for Using Equity Method	544,136 	544,984 	.. 	534,166 	540,494 	512,342 	
4,794,365 	Total Financial Assets	4,187,572 	3,873,766 	-7 	4,013,650 	4,151,692 	4,527,886 	
								
	Non-Financial Assets							
	Land and Other Fixed Assets							
13,755,472 	Property, Plant and Equipment	13,740,718 	14,312,426 	4 	15,254,644 	15,744,025 	16,213,680 	
70,761 	Investment Properties	70,761 	70,761 	- 	70,761 	70,761 	70,761 	
28,366 	Intangibles	52,930 	77,166 	46 	87,118 	100,770 	105,215 	
122,069 	Inventories	212,041 	184,906 	-13 	163,883 	170,816 	175,758 	
30,314 	Assets Held for Sale	18,906 	1,066 	-94 	1,246 	1,446 	1,646 	
450,254 	Capital Works-in-Progress	399,088 	819,751 	105 	737,317 	535,229 	159,868 	
31,991 	Other Non-Financial Assets	43,317 	12,403 	-71 	12,402 	12,401 	12,400 	
14,489,227 	Total Non-Financial Assets	14,537,761 	15,478,479 	6 	16,327,371 	16,635,448 	16,739,328 	
								
19,283,592 	Total Assets	18,725,333 	19,352,245 	3 	20,341,021 	20,787,140 	21,267,214 	
								
	Liabilities							
85 	Deposits Held	14,698 	14,698 	- 	14,698 	14,698 	14,698 	
205,787 	Advances Received	205,447 	193,215 	-6 	183,720 	175,276 	166,809 	
	Borrowings							
4,037 	Finance Leases	42,695 	2,275 	-95 	3,270 	1,973 	2,143 	
1,069,539 	Other Borrowings	994,064 	1,270,294 	28 	1,799,946 	1,759,315 	1,784,375 	
3,723,155 	Superannuation	3,798,022 	4,056,266 	7 	4,312,422 	4,564,007 	4,811,109 	
394,303 	Other Employee Benefits	505,598 	510,907 	1 	523,081 	548,564 	572,615 	
374,396 	Payables	492,224 	510,266 	4 	536,821 	563,606 	586,839 	
6,537 	Other Liabilities	17,829 	17,941 	1 	18,151 	18,366 	18,581 	
5,777,839 	Total Liabilities	6,070,577 	6,575,862 	8 	7,392,109 	7,645,805 	7,957,169 	
								
13,505,753 	Net Assets	12,654,756 	12,776,383 	1 	12,948,912 	13,141,335 	13,310,045 	
								
7,571,931 	Accumulated Funds	6,623,239 	6,723,359 	2 	6,839,613 	6,893,828 	6,992,782 	
5,914,786 	Asset Revaluation Reserve	6,027,056 	6,048,560 	.. 	6,104,836 	6,243,047 	6,312,802 	
19,036 	Other Reserves	4,461 	4,464 	.. 	4,463 	4,460 	4,461 	
								
13,505,753 	Net Worth	12,654,756 	12,776,383 	1 	12,948,912 	13,141,335 	13,310,045 	
								
-983,474 	Net Financial Worth	-1,883,005 	-2,702,096 	-43 	-3,378,459 	-3,494,113 	-3,429,283 	
983,474 	Net Financial Liabilities	2,427,141 	3,247,080 	34 	3,912,625 	4,034,607 	3,941,625 	
-2,649,360 	Net Debt (including Superannuation related Investments)	-2,047,281 	-1,518,012 	26 	-1,126,053 	-1,311,037 	-1,671,149 	
-304,731 	Net Debt (excluding Superannuation related Investments) 	-256,161 	450,879 	276 	1,019,268 	990,430 	785,640 	

Table F.11
Australian Capital Territory
Consolidated Total Territory
Cash Flow Statement
2008-09	 	2008-09	2009-10	 	2010-11	2011-12	2012-13	
Budget		Est. Outcome	Budget	Var	Estimate	Estimate	Estimate	
$'000	 	$'000	$'000	%	$'000	$'000	$'000	
		 	 					
	Cash Flows from Operating Activities						
	Cash Receipts							
997,696 	Taxes Received	910,002 	965,349 	6 	1,026,549 	1,095,557 	1,168,618 	
1,159,782 	Receipts from Sales of Goods and Services	1,021,706 	1,106,747 	8 	1,156,234 	1,289,114 	1,308,176 	
1,406,816 	Grants/Subsidies Received	1,446,798 	1,629,371 	13 	1,618,737 	1,596,374 	1,670,008 	
137,796 	Interest Receipts	126,133 	62,915 	-50 	45,819 	50,245 	52,950 	
317,372 	Other Receipts	391,502 	373,911 	-4 	381,529 	383,114 	395,592 	
4,019,462 	Total Cash Received from Operating Activities	3,896,141 	4,138,293 	6 	4,228,868 	4,414,404	4,595,344 	
								
	Cash Payments							
-1,367,720 	Payments for Employees	-1,401,405 	-1,481,335 	-6 	-1,545,392 	-1,641,109 	-1,725,028 	
-1,149,043 	Payments for Goods and Services	-750,450 	-803,208 	-7 	-831,093 	-900,842 	-983,787 	
-533,435 	Grants and Subsidies Paid	-559,526 	-619,765 	-11 	-611,963 	-608,660 	-620,784 	
-53,329 	Interest Paid	-47,688 	-65,178 	-37 	-81,162 	-97,452 	-97,826 	
-220,970 	Other Payments	-616,926 	-592,592 	4 	-552,601 	-625,783 	-605,636 	
-3,324,497 	Total Cash Paid from Operating Activities	-3,375,995 	-3,562,078 	-6 	-3,622,211 	-3,873,846 	-4,033,061 	
694,965 	Net Cash Flows from Operating Activities	520,146 	576,215 	11 	606,657 	540,558 	562,283 	
								
	Cash Flows from Investing Activities						
	Cash Flows from Investments in Non-Financial Assets					
101,904 	Sales of Non-Financial Assets	67,161 	60,580 	-10 	35,744 	25,856 	26,896 	
-819,263 	Purchases of Non-Financial Assets	-762,514 	-1,270,845 	-67 	-1,127,632 	-459,607 	-349,486 	
-717,359 	Net Cash Flows from Investments in Non-Financial Assets	-695,353 	-1,210,265 	-74 	-1,091,888 	-433,751 	-322,590 	
								
	Cash Flows from Investments in Financial Assets for Policy Purposes			
	Cash Receipts							
996 	Repayment of Loans	977 	806 	-18 	727 	673 	640 	
996 	Total Cash Received from Investments in Financial Assets for Policy Purposes	977 	806 	-18 	727 	673 	640 	
	Cash Payments							
-13,000 	Issue of Loan	-13,000 	-8,300 	36 	-10,300 	-7,300 	-300 	
-13,000 	Total Cash Paid from Investments in Financial Assets for Policy Purposes	-13,000 	-8,300 	36 	-10,300 	-7,300 	-300 	
-12,004 	Net Cash Flows from Investments in Financial Assets for Policy Purposes	-12,023 	-7,494 	38 	-9,573 	-6,627 	340 	

Table F.11
Australian Capital Territory
Consolidated Total Territory
Cash Flow Statement
2008-09	 	2008-09	2009-10	 	2010-11	2011-12	2012-13	
Budget		Est. Outcome	Budget	Var	Estimate	Estimate	Estimate	
$'000	 	$'000	$'000	%	$'000	$'000	$'000	
								
	Cash Flows from Investments in Financial Assets for Liquidity Purposes			
260,605 	Sales of Investments	525,527 	470,658 	-10 	17,260 	52,528 	102,003 	
-398,414 	Purchase of Investments	-450,474 	-102,529 	77 	-89,474 	-88,595 	-199,848 	
-137,809 	Net Cash Flows from Investments in Financial Assets for Liquidity Purposes	75,053 	368,129 	390 	-72,214 	-36,067 	-97,845 	
-867,172 	Net Cash Flows from Investing Activities	-632,323 	-849,630 	-34 	-1,173,675 	-476,445 	-420,095 	
								
	Cash Flows from Financing Activities						
	Cash Receipts							
260,379 	Borrowings	192,779 	235,491 	22 	483,770 	240 	240 	
260,379 	Total Cash Received from Financing Activities	192,779 	235,491 	22 	483,770 	240 	240 	
	Cash Payments							
-13,073 	Borrowings	-20,823 	-18,998 	9 	-15,520 	-99,431 	-27,732 	
-13,073 	Total Cash Paid from Financing Activities	-20,823 	-18,998 	9 	-15,520 	-99,431 	-27,732 	
247,306 	Net Cash Flows from Financing Activities	171,956 	216,493 	26 	468,250 	-99,191 	-27,492 	
								
75,099 	Net Increase/(Decrease) in Cash held	59,779 	-56,922 	-195 	-98,768 	-35,078 	114,696 	
								
447,717 	Cash and Cash Equivalents at the Beginning of Reporting Period	400,096 	459,875 	15 	402,953 	304,185 	269,107 	
522,816 	Cash and Cash Equivalents at the End of Reporting Period	459,875 	402,953 	-12 	304,185 	269,107 	383,803 	
								
	Key Fiscal Aggregates							
694,965 	Net Cash Flows from Operating Activities	520,146 	576,215 	11 	606,657 	540,558 	562,283 	
-717,359 	Net Cash Flows from Investments in Non-Financial Assets	-695,353 	-1,210,265 	-74 	-1,091,888 	-433,751 	-322,590 	
-22,394 	Cash Surplus (+) / Deficit (-)	-175,207 	-634,050 	-262 	-485,231 	106,807 	239,693 	
	A positive number denotes a cash inflow, a negative sign denotes a cash outflow.			
								
 	Derivation of ABS GFS Cash Surplus/Deficit	 	 	 	 	 	
-22,394 	Cash Surplus (+) / Deficit (-)	-175,207 	-634,050 	-262 	-485,231 	106,807 	239,693 	
- 	Acquisitions Under Finance Leases and Similar Arrangements (a)	- 	- 	- 	- 	- 	- 	
								
-22,394 	ABS GFS Cash Surplus (+) / Deficit (-) Including Finance and Similar Arrangements	-175,207 	-634,050 	-262 	-485,231 	106,807 	239,693 	
	(a) Finance leases are shown with a negative sign as they are deducted in compiling the ABS GFS cash surplus/deficit.	

Table F.12
Australian Capital Territory
Consolidated Total Territory
Statement of Changes in Equity
2008-09	 	2008-09	2009-10	 	2010-11	2011-12	2012-13	
Budget		Est. Outcome	Budget	Var	Estimate	Estimate	Estimate	
$'000	 	$'000	$'000	%	$'000	$'000	$'000	
								
13,027,184 	Opening Balance	13,280,973 	12,654,756 	- 	12,776,383 	12,948,912 	13,141,335 	
								
190,711 	Comprehensive Result - Accumulated Funds	-766,938 	78,120 	110 	94,254 	32,215 	76,953 	
287,858 	Comprehensive Result - Reserves	140,721 	43,507 	-69 	78,275 	160,208 	91,756 	
								
13,505,753 	Closing Balance	12,654,756 	12,776,383 	1 	12,948,912 	13,141,335 	13,310,045 	

Table F.13
General Government Sector Taxes
 	2008-09	2009-10	2010-11	2011-12	2012-13	
	Est. Outcome	Budget	Estimate	Estimate	Estimate	
 	 $'000	 $'000	 $'000	 $'000	 $'000	
						
Taxes on Employer's Payroll and Labour Force	256,351	272,471	289,747	307,999	327,948	
Taxes on Property						
Land Taxes	83,414	93,379	95,622	98,941	102,344	
Stamp Duties on Financial and Capital Transactions	2,094	2,118	2,168	2,120	2,120	
Financial Institutions' Transactions Taxes	-	-	-	-	-	
Other	387,401	399,862	431,816	471,040	511,707	
Total Taxes on Property	472,909	495,359	529,606	572,101	616,171	
Taxes on the Provision of Goods and Services						
Excises and Levies	-	-	-	-	-	
Taxes on Gambling	51,658	53,354	55,217	57,152	59,160	
Taxes on Insurance	47,070	48,387	50,291	52,271	54,326	
Total Taxes on the Provisions of Goods and Services	98,728	101,741	105,508	109,423	113,486	
Taxes on Use of Goods and Performance of Activities						
Motor Vehicle Taxes	102,565	104,724	109,045	113,371	117,996	
Franchise Taxes	-	-	-	-	-	
Other	42,281	44,427	46,294	48,226	50,222	
Total Taxes on Use of Goods and Performance of Activities	144,846	149,151	155,339	161,597	168,218	
						
Total Taxation Revenue	972,834	1,018,722	1,080,200	1,151,120	1,225,823	

Table F.14
General Government Sector Grant Revenue
 	2008-09	2009-10	2010-11	2011-12	2012-13	
	Est. Outcome	Budget	Estimate	Estimate	Estimate	
 	$'000	$'000	$'000	$'000	$'000	
						
Current Grant Revenue						
Current Grants from the Commonwealth						
GST Revenue and Municipal Grant	886,063	923,554	977,956	1,028,274	1,081,205	
Non-Government School Grants	130,377	181,455	166,706	153,722	157,426	
Other Contributions and Grants	351,459	343,366	364,047	399,348	421,904	
Total Current Grant Revenue	1,367,899	1,448,375	1,508,709	1,581,344	1,660,535	
						
Capital Grant Revenue						
Capital Grants from the Commonwealth						
Non-Government School Grants	10,210	2,500	1,840	1,880	1,900	
Other Contributions and Grants	101,745	224,143	157,612	62,529	57,515	
Total Capital Grant Revenue	111,955	226,643	159,452	64,409	59,415	
						
Total Grant Revenue	1,479,854	1,675,018	1,668,161	1,645,753	1,719,950	

Table F.15
General Government Sector Grant Expense
 	2008-09	2009-10	2010-11	2011-12	2012-13	
	Est. Outcome	Budget	Estimate	Estimate	Estimate	
 	$'000	$'000	$'000	$'000	$'000	
						
Current Grant Expense						
Private and Not-for-Profit Sector	113,789	69,977	95,097	117,530	127,734	
Non-Government School Grants	130,377	181,455	166,706	153,722	157,426	
Grants to Other Sectors of Government	369,044	422,781	404,841	398,127	397,818	
Total Current Grant Expense	613,210	674,213	666,644	669,379	682,978	
						
Capital Grant Expense						
Private and Not-for-Profit Sector	24,990	29,158	25,655	24,540	24,539	
Non-Government School Grants	10,210	2,500	1,840	1,880	1,900	
Grants to Other Sectors of Government	747	-	-	-	-	
Total Capital Grant Expense	35,947	31,658	27,495	26,420	26,439	
						
Total Grant Expense	649,157	705,871	694,139	695,799	709,417	

Table F.16
General Government Sector Dividend and 
Income Tax Equivalent Income
 	2008-09	2009-10	2010-11	2011-12	2012-13	
	Est. Outcome	Budget	Estimate	Estimate	Estimate	
 	$'000	$'000	$'000	$'000	$'000	
						
Dividend from PNFC Sector	88,586	81,525	72,126	124,679	123,958	
Dividends on Superannuation Investments	69,395	35,782	44,101	47,662	50,996	
Income Tax Equivalent	33,888	38,154	44,548	62,418	64,413	
						
Total GGS Dividend and Income Tax Equivalent Income	191,869	155,461	160,775	234,759	239,367	

Table F.17
General Government Sector Expenses by Function
 	 	2008-09	2009-10	2010-11	2011-12	2012-13	
		Est. Outcome	Budget	Estimate	Estimate	Estimate	
 	 	$'000	$'000	$'000	$'000	$'000	

01	General Public Services	768,951	808,822	915,489	1,036,340	1,099,613	
03	Public Order and Safety	281,022	288,479	295,012	296,526	299,457	
04	Education	718,652	777,374	777,780	787,095	809,387	
05	Health	808,538	866,339	910,614	975,299	1,046,034	
06	Social Security 	204,279	191,938	196,630	204,531	209,518	
07	Housing and Community Amenities	85,870	83,431	70,933	67,782	68,477	
08	Recreation and Culture	89,656	93,673	94,295	85,159	87,613	
09	Fuel and Energy	2,112	3,054	3,190	3,239	3,318	
10	Agriculture, Forestry, Fishing and Hunting	1,597	2,029	1,914	1,938	1,955	
11	Mining and Mineral Resources Other than Fuels, Manufacturing and Construction	-	-	-	-	-	
12	Transport and Communications	215,434	214,079	217,727	225,615	235,528	
13	Other Economic Affairs	41,156	49,897	48,477	50,700	44,240	
14	Other Purposes	164,505	243,687	198,624	197,311	192,805	
							
 	Total Expenses	3,381,773	3,622,802	3,730,686	3,931,534	4,097,944	

Table F.18
General Government Sector Expenses by Function
		2008-09	2009-10	2010-11	2011-12	2012-13	
		Est. Outcome	Budget	Estimate	Estimate	Estimate	
 	 	$'000	$'000	$'000	$'000	$'000	
							
01	General Public Services	768,951 	808,822 	915,489 	1,036,340 	1,099,613 	
011	Government Superannuation Benefits	383,942 	435,064 	455,545 	496,135 	515,022 	
019	Other General Public Services	385,009 	373,758 	459,944 	540,205 	584,591 	
							
03	Public Order and Safety	281,022 	288,479 	295,012 	296,526 	299,457 	
031	Police and Fire Protection Services	160,093 	170,769 	176,246 	177,416 	178,532 	
0311	Polices Services	110,651 	118,307 	122,925 	123,130 	123,252 	
0312	Fire Protection Services	49,442 	52,462 	53,321 	54,286 	55,280 	
032	Law Courts and Legal Services	70,957 	71,038 	71,907 	71,402 	72,461 	
033	Prisons and Corrective Services	37,167 	33,646 	34,015 	34,672 	35,217 	
039	Other Public Order and Safety	12,806 	13,026 	12,844 	13,035 	13,246 	
							
04	Education	718,652 	777,374 	777,780 	787,095 	809,387 	
041	Primary and Secondary Education	576,529 	636,746 	634,454 	638,737 	656,959 	
0411	Primary Education	278,443 	307,588 	306,302 	308,379 	317,005 	
0412	Secondary Education	298,087 	329,158 	328,152 	330,358 	339,954 	
0419	Primary and Secondary Education n.e.c.	- 	- 	- 	- 	- 	
042	Tertiary Education	100,172 	96,455 	98,576 	102,253 	104,853 	
0421	University Education	14,863 	15,878 	16,774 	18,305 	19,515 	
0422	Technical and Further Education	85,309 	80,577 	81,802 	83,948 	85,338 	
0429	Tertiary Education n.e.c.	- 	- 	- 	- 	- 	
043	Pre-School Education and Education not Definable by Level	37,063 	39,152 	40,061 	41,173 	42,396 	
0431	Pre-School Education 	18,918 	19,597 	20,220 	20,942 	21,638 	
0432	Special Education	18,145 	19,555 	19,841 	20,231 	20,758 	
0439	Other Education not Definable by Level	- 	- 	- 	- 	- 	
044	Transportation of Students	4,888 	5,022 	4,689 	4,932 	5,179 	
0441	Transportation of Non-Urban School Children	- 	- 	- 	- 	- 	
0449	Transportation of Other Students 	4,888 	5,022 	4,689 	4,932 	5,179 	
049	Education n.e.c.	- 	- 	- 	- 	- 	
							
05	Health	808,538 	866,339 	910,614 	975,299 	1,046,034 	
051	Acute Care Institutions	549,123 	588,814 	617,379 	662,058 	710,999 	
0511	Admitted Patient Services in Acute Care Institutions	412,096 	441,820 	463,654 	497,142 	533,979 	
0512	Non-Admitted Patient Services in Acute Care Institutions	137,028 	146,994 	153,724 	164,916 	177,021 	
052	Mental Health Institutions	7,195 	7,713 	8,176 	8,800 	9,491 	
053	Nursing Homes for the Aged 	- 	- 	- 	- 	- 	
054	Community Health Services	149,843 	160,076 	168,632 	179,922 	192,278 	
0541	Community Mental Health	33,749 	36,072 	38,150 	40,862 	43,872 	
0542	Patient Transport	19,621 	20,772 	21,090 	21,503 	21,925 	
0549	Other Community Health Services	96,472 	103,233 	109,393 	117,557 	126,480 	
055	Public Health Services	35,429 	38,105 	40,517 	43,408 	46,412 	
056	Pharmaceutical, Medical Aids and Appliances	13,824 	14,879 	15,828 	16,869 	17,996 	
057	Health Research	3,760 	4,033 	4,278 	4,603 	4,960 	
059	Health Administration n.e.c.	49,364 	52,719 	55,804 	59,639 	63,899 	

Table F.18
General Government Sector Expenses by Function
		2008-09	2009-10	2010-11	2011-12	2012-13	
		Est. Outcome	Budget	Estimate	Estimate	Estimate	
 	 	$'000	$'000	$'000	$'000	$'000	
							
06	Social Security 	204,279 	191,938 	196,630 	204,531 	209,518 	
061	Social Security 	- 	- 	- 	- 	- 	
062	Welfare Services	204,279 	191,938 	196,630 	204,531 	209,518 	
0621	Family and Children Services	73,973 	69,830 	70,651 	72,727 	74,018 	
0622	Welfare Services for the Aged	24,506 	25,750 	26,967 	28,356 	29,789 	
0623	Welfare Services for People with a Disability	62,717 	63,468 	64,826 	67,585 	69,265 	
0629	Welfare Services n.e.c.	43,083 	32,890 	34,185 	35,863 	36,446 	
069	Social Security and Welfare n.e.c.	- 	- 	- 	- 	- 	
							
07	Housing and Community Amenities	85,870 	83,431 	70,933 	67,782 	68,477 	
071	Housing and Community Development	67,699 	66,079 	55,099 	52,475 	52,738 	
0711	Housing	29,805 	24,556 	19,285 	18,193 	18,193 	
0712	Aboriginal Community Development	- 	- 	- 	- 	- 	
0719	Other Community Development	37,894 	41,523 	35,814 	34,282 	34,545 	
072	Water Supply	3,768 	5,628 	5,602 	5,680 	5,821 	
0721	Aboriginal Community Water Supply	- 	- 	- 	- 	- 	
0729	Other Water Supply	3,768 	5,628 	5,602 	5,680 	5,821 	
073	Sanitation and Protection of the Environment 	11,411 	8,186 	6,544 	5,808 	5,965 	
0731	Aboriginal Community Sanitation	- 	- 	- 	- 	- 	
0739	Other Sanitation and Protection of the Environment	11,411 	8,186 	6,544 	5,808 	5,965 	
079	Other Community Amenities	2,993 	3,538 	3,689 	3,819 	3,953 	
0791	Aboriginal Community Amenities	- 	- 	- 	- 	- 	
0799	Other Community Amenities	2,993 	3,538 	3,689 	3,819 	3,953 	
							
08	Recreation and Culture	89,656 	93,673 	94,295 	85,159 	87,613 	
081	Recreation Facilities and Services	63,914 	64,302 	63,483 	63,525 	65,546 	
0811	National Parks and Wildlife	12,958 	16,002 	15,172 	15,385 	15,579 	
0819	Recreation Facilities and Services n.e.c.	50,955 	48,300 	48,311 	48,141 	49,967 	
082	Cultural Facilities and Services	24,976 	28,864 	30,437 	21,255 	21,674 	
083	Broadcasting and Film Production	- 	- 	- 	- 	- 	
089	Recreation and Culture n.e.c.	766 	507 	375 	379 	393 	
							
09	Fuel and Energy	2,112 	3,054 	3,190 	3,239 	3,318 	
091	Fuel Affairs and Services	- 	- 	- 	- 	- 	
0911	Gas	- 	- 	- 	- 	- 	
0919	Fuel Affairs and Services n.e.c.	- 	- 	- 	- 	- 	
092	Electricity and Other Energy	- 	- 	- 	- 	- 	
0921	Aboriginal Community Electricity 	- 	- 	- 	- 	- 	
0922	Other Electricity 	- 	- 	- 	- 	- 	
0929	Other Energy	- 	- 	- 	- 	- 	
099	Fuel and Energy n.e.c.	2,112 	3,054 	3,190 	3,239 	3,318 	
							
10	Agriculture, Forestry, Fishing and Hunting	1,597 	2,029 	1,914 	1,938 	1,955 	
101	Agriculture	- 	- 	- 	- 	- 	
102	Forestry, Fishing and Hunting	1,597 	2,029 	1,914 	1,938 	1,955 	

Table F.18
General Government Sector Expenses by Function
		2008-09	2009-10	2010-11	2011-12	2012-13	
		Est. Outcome	Budget	Estimate	Estimate	Estimate	
 	 	$'000	$'000	$'000	$'000	$'000	
							
11	Mining and Mineral Resources other than Fuels, Manufacturing and Construction	- 	- 	- 	- 	- 	
111	Mining and Mineral Resources other than Fuels	- 	- 	- 	- 	- 	
112	Manufacturing 	- 	- 	- 	- 	- 	
113	Construction	- 	- 	- 	- 	- 	
							
12	Transport and Communications	215,434 	214,079 	217,727 	225,615 	235,528 	
121	Road Transport	203,499 	201,579 	206,595 	215,121 	224,958 	
1211	Aboriginal Community Transport	- 	- 	- 	- 	- 	
1212	Road Maintenance	127,002 	122,284 	128,013 	136,109 	144,254 	
1213	Road Rehabilitation	- 	- 	- 	- 	- 	
1214	Road Construction	- 	- 	- 	- 	- 	
1219	Road Transport n.e.c.	76,496 	79,295 	78,582 	79,011 	80,704 	
122	Water Transport	- 	- 	- 	- 	- 	
1221	Aboriginal Community Water	- 	- 	- 	- 	- 	
1222	Urban Water Transport Service 	- 	- 	- 	- 	- 	
1223	Non Urban Water Transport Services	- 	- 	- 	- 	- 	
123	Rail Transport	- 	- 	- 	- 	- 	
1231	Urban Rail Transport Services	- 	- 	- 	- 	- 	
1232	Non-Urban Rail Transport Freight Services	- 	- 	- 	- 	- 	
1233	Non-Urban Rail Transport Passengers Services	- 	- 	- 	- 	- 	
124	Air Transport	- 	- 	- 	- 	- 	
1241	Aboriginal Community Air Transport	- 	- 	- 	- 	- 	
1249	Other Air Transport Services	- 	- 	- 	- 	- 	
125	Pipelines	- 	- 	- 	- 	- 	
128	Other Transport	- 	- 	- 	- 	- 	
1281	Multi-Mode Urban Transport	- 	- 	- 	- 	- 	
1289	Other Transport n.e.c.	- 	- 	- 	- 	- 	
129	Communication	11,936 	12,500 	11,133 	10,495 	10,570 	
							
13	Other Economic Affairs	41,156 	49,897 	48,477 	50,700 	44,240 	
131	Storage, Saleyards and Markets	- 	- 	- 	- 	- 	
132	Tourism and Area Promotion	9,384 	10,233 	8,019 	8,069 	8,141 	
133	Labour and Employment Affairs	21,284 	26,457 	27,412 	29,194 	22,271 	
1331	Vocational Training	21,284 	26,457 	27,412 	29,194 	22,271 	
1339	Other Labour and Employment Affairs	- 	- 	- 	- 	- 	
139	Other Economic Affairs	10,489 	13,206 	13,046 	13,437 	13,828 	
							
14	Other Purposes	164,505 	243,687 	198,624 	197,311 	192,805 	
141	Public Debt Transactions	67,592 	70,081 	74,996 	95,426 	94,067 	
142	General Purpose Inter-Government Transactions	58,163 	132,791 	90,285 	66,786 	61,723 	
143	Natural Disaster Relief	- 	- 	- 	- 	- 	
149	Other Purposes n.e.c	38,750 	40,815 	33,343 	35,099 	37,015 	
							
 	Total Expenses	3,381,773 	3,622,802 	3,730,686 	3,931,534 	4,097,944 	

Table F.19
General Government Sector
Purchases of Non-Financial Assets by Function
		2008-09	2009-10	2010-11	2011-12	2012-13	
		Est. Outcome	Budget	Estimate	Estimate	Estimate	
 	 	$'000	$'000	$'000	$'000	$'000	
							
01	General Public Services	37,704 	75,078 	116,136 	91,195 	139,826 	
03	Public Order and Safety	46,313 	79,581 	29,115 	5,841 	5,382 	
04	Education	126,643 	232,703 	196,197 	54,053 	22,053 	
05	Health	67,776 	129,596 	237,858 	103,780 	42,981 	
06	Social Security 	335 	- 	- 	- 	- 	
07	Housing and Community Amenities	11,915 	7,949 	2,624 	1,264 	701 	
08	Recreation and Culture	21,286 	33,245 	24,796 	12,595 	5,441 	
09	Fuel and Energy	- 	- 	- 	- 	- 	
10	Agriculture, Forestry, Fishing and Hunting	- 	- 	- 	- 	- 	
11	Mining and Mineral Resources Other than Fuels, Manufacturing and Construction	- 	- 	- 	- 	- 	
12	Transport and Communications	103,223 	184,840 	140,066 	76,504 	38,100 	
13	Other Economic Affairs	27,650 	28,402 	21,212 	18,951 	16,787 	
14	Other Purposes	10,496 	19,430 	14,702 	7,253 	2,754 	
 	Total Purchases of Non-Financial Assets	453,339 	790,823 	782,706 	371,436 	274,024 	

Table F.20
Loan Council Allocations
 	 	Loan Council Nomination	Budget-time Estimate	
 	 	$m	$m	
				
	GGS Cash Deficit/(Surplus) (a)	-112	242	
	PNFC Sector Cash Deficit/(Surplus) (a)	199	392	
	NFPS Sector Cash Deficit/(Surplus) (a) (b)	87	634	
	Acquisition under Finance Leases and Similar Arrangements (a)	-	-	
equals	ABS GFS Cash Deficit/(Surplus) (a) (b)	87	634	
less	Net Cash Flows from Investments in Financial Assets for Policy Purposes (c)	-7	-7	
	Adjusted NFPS Sector Cash Deficit/(Surplus)	94	641	
				
plus	Memorandum Items (d)	4	4	
 	Loan Council Allocation	98	645	
				
(a)	Cash surplus/deficits and finance leases are displayed with the opposite sign to that under which they are reported in cash flow statements.  That is, a surplus is displayed as a negative number and vice versa.	
	
(b)	May not directly equate to the sum of the General Government Sector (GGS) and Public Non Financial Corporation (PNFC) sector cash surplus/deficit due to inter-sectoral transfers which are netted out, and or rounding.	
		
(c)	Net cash flows from investments in financial assets for policy purposes are displayed with the same sign as which they are reported in cash flow statements.	
	
(d)	Memorandum items are used to adjust the ABS GFS cash surplus/deficit to include in LCA's transactions — such as operating leases — that have many of the characteristics of public sector borrowings, but do not constitute formal borrowings.  They are also used, where appropriate, to deduct from the ABS GFS cash surplus/deficit transactions that Loan Council has agreed should not be included in LCAs, for example, the funding of more than employers emerging costs under public sector superannuation schemes, or borrowings by entities such as statutory marketing authorities.	
	Memorandum items also include the net surplus/deficit of public Universities in the jurisdiction controlled by the Government.  For ACT, University of Canberra has been included to reflect its financing requirement.	
	
Tolerance Limit	
	Nomination — 2 per cent of public sector receipts $3.987 billion +/- $80 million.	
	Budget — 2 per cent of public sector receipts $4.138 billion +/- $83 million.