Australian Government, 2012‑13 Budget
Budget

Appendix B: Australian Government Financial Statements (Continued)

Table B7: Australian Government total non-financial public sector operating statement
  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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