Government Finance Statistics Statements (continued)

Table 3: Australian Government general government sector cash flow statement^(a)

1. A positive number denotes a cash inflow; a negative sign denotes a cash outflow.
2. Includes GST cash receipts on an Australian Government tax basis, which is $41 million greater in 2004-05 than GST cash receipts measured on a state tax basis (as shown in Statement 10, Note 18).
3. GST flows are excluded from these categories.
4. Includes GST cash payments on an Australian Government tax basis.
5. The acquisition of assets under finance leases decreases the surplus or increases the deficit. The disposal of assets previously held under finance leases increases the surplus or decreases the deficit.

Table 4: Australian Government general government sector statement of other economic flows (reconciliation of net worth)

1. Decrease in net worth arising from a change in recognition of family tax benefits and other expenses from a cash to an accrual basis.
2. Revaluations of equity reflects changes in the market valuation of commercial entities, including a change in the value of the Telstra shareholding which is valued at the average of the daily share price over a 90-day period, except in the sale years where the valuation is based on the expected sale price. This line also reflects any equity revaluations at the point of disposal or sale.
3. Largely reflects revaluation of assets and liabilities and Australian Equivalents to International Financial Reporting Standards adjustments.

Table 5: Australian Government public non-financial corporations operating statement

1. The term fiscal balance is not used by the ABS.

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