Appendix B: Australian Government Financial Statements (Continued)
| Estimates | |
|---|---|
| 2012-13 $m |
|
| Revenue | |
| Taxation revenue | 351,958 |
| Sales of goods and services | 15,386 |
| Interest income | 4,537 |
| Dividend income | 2,235 |
| Other | 6,109 |
| Total revenue | 380,225 |
| Expenses | |
| Gross operating expenses | |
| Wages and salaries(a) | 22,243 |
| Superannuation | 6,456 |
| Depreciation and amortisation | 6,933 |
| Supply of goods and services | 75,045 |
| Other operating expenses(a) | 5,458 |
| Total gross operating expenses | 116,136 |
| Superannuation interest expense | 6,913 |
| Interest expenses | 12,986 |
| Current transfers | |
| Current grants | 108,597 |
| Subsidy expenses | 13,296 |
| Personal benefits | 116,176 |
| Total current transfers | 238,069 |
| Capital transfers | 8,503 |
| Total expenses | 382,607 |
| Net operating balance | -2,382 |
| Other economic flows | 6,360 |
| Comprehensive result - Total change in net worth | 3,979 |
| Net acquisition of non-financial assets | |
| Purchases of non-financial assets | 12,248 |
| less Sales of non-financial assets | 4,886 |
| less Depreciation | 6,933 |
| plus Change in inventories | 360 |
| plus Other movements in non-financial assets | 782 |
| Total net acquisition of non-financial assets | 1,571 |
| Fiscal balance (net lending/borrowing)(b) | -3,953 |
(a) Consistent with ABS GFS classification, other employee related expenses are reported under other operating expenses. Total employee expenses equal wages and salaries plus other operating expenses.
(b) The term fiscal balance is not used by the ABS.
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