Australian Government, 2012‑13 Budget
Budget

Appendix B: Australian Government Financial Statements (Continued)

Table B2: Australian Government general government sector balance sheet
    Estimates   Projections
 
Note
2012-13
$m
2013-14
$m
  2014-15
$m
2015-16
$m
Assets            
Financial assets            
Cash and deposits 20(a) 2,638 2,880   2,857 2,940
Advances paid 14 35,622 40,840   45,612 50,423
Investments, loans and placements 15 112,135 112,178   111,633 110,850
Other receivables 14 40,910 43,273   46,484 47,859
Equity investments            
Investments in other public sector entities   24,773 30,997   37,925 43,077
Equity accounted investments   313 313   314 315
Investments - shares   29,347 33,316   36,271 39,336
Total financial assets   245,738 263,796   281,094 294,799
Non-financial assets 16          
Land   8,596 8,533   8,562 8,555
Buildings   24,115 24,169   24,049 24,669
Plant, equipment and infrastructure   53,480 53,767   54,197 56,051
Inventories   7,357 7,283   7,157 7,056
Intangibles   5,689 5,652   5,675 5,675
Investment properties   181 181   181 181
Biological assets   37 37   37 37
Heritage and cultural assets   10,447 10,459   10,471 10,483
Assets held for sale   90 90   90 90
Other non-financial assets   2,624 3,038   3,466 2,753
Total non-financial assets   112,616 113,208   113,884 115,549
Total assets   358,354 377,004   394,979 410,349
Liabilities            
Interest bearing liabilities            
Deposits held   192 192   192 192
Government securities   281,195 287,561   291,576 289,306
Loans 17 11,780 11,248   11,257 11,080
Other borrowing   1,208 1,543   1,427 1,377
Total interest bearing liabilities   294,375 300,544   304,452 301,955
Provisions and payables            
Superannuation liability 18 142,723 147,978   153,330 158,752
Other employee liabilities 18 14,773 15,141   15,412 15,415
Suppliers payable 19 4,807 4,892   4,940 4,966
Personal benefits provisions and payable 19 14,587 14,785   15,292 15,894
Subsidies provisions and payable 19 3,363 3,569   3,662 3,329
Grants provisions and payable 19 14,699 13,786   11,648 11,372
Other provisions and payables 19 14,332 14,616   15,391 15,540
Total provisions and payables   209,284 214,767   219,676 225,268
Total liabilities   503,659 515,311   524,128 527,223
Net worth(a)   -145,305 -138,306   -129,149 -116,875
Net financial worth(b)   -257,921 -251,515   -243,034 -232,424
Net financial liabilities(c)   282,694 282,511   280,958 275,501
Net debt(d)   143,980 144,646   144,350 137,742

(a) Net worth is calculated as total assets minus total liabilities.

(b) Net financial worth equals total financial assets minus total liabilities.

(c) Net financial liabilities equals total liabilities less financial assets other than investments in other public sector entities.

(d) Net debt equals the sum of deposits held, government securities, loans and other borrowing, minus the sum of cash and deposits, advances paid, and investments, loans and placements.

If www.budget.gov.au responds slowly or you are having trouble downloading a document, try one of the Budget Website Mirrors

Note: Where possible, Budget documents are available in HTML and for downloading in Portable Document Format(PDF). If you require further information on any of the tables or charts on this website, please contact The Treasury.