Table 18 - Summary indicators for central government
| $million | 2012 Actual | 2013 Forecast |
2014 Forecast |
2015 Forecast |
2016 Forecast |
2017 Forecast |
|---|---|---|---|---|---|---|
| Net operating balance | (3,747) | (2,521) | 546 | 2,331 | 2,868 | 4,650 |
| Fiscal Balance (Net lending/borrowing) | (5,199) | (3,376) | (2,432) | 320 | 929 | 2,370 |
| Cash surplus/(deficit) | (8,628) | (6,047) | (7,398) | (3,819) | (655) | 1,655 |
| Net worth | 56,954 | 58,872 | 59,230 | 61,945 | 65,431 | 70,844 |
| Net financial worth | 27,737 | 26,674 | 29,294 | 28,590 | 27,043 | 23,910 |
| Borrowing | 70,626 | 68,865 | 78,924 | 74,722 | 78,483 | 84,114 |
| %GDP | ||||||
| Net operating balance | (1.8) | (1.2) | 0.2 | 1.0 | 1.2 | 1.8 |
| Fiscal Balance (Net lending/borrowing) | (2.5) | (1.6) | (1.1) | 0.1 | 0.4 | 0.9 |
| Cash surplus/(deficit) | (4.1) | (2.8) | (3.2) | (1.6) | (0.3) | 0.6 |
| Net worth | 27.3 | 27.5 | 26.0 | 26.0 | 26.4 | 27.5 |
| Net financial worth | 13.3 | 12.5 | 12.9 | 12.0 | 10.9 | 9.3 |
| Borrowing | 33.9 | 32.2 | 34.6 | 31.4 | 31.6 | 32.7 |
The following tables provide additional detail around the calculation of the key indicators.
| Table | Name of the statement | What the statement shows |
|---|---|---|
| 19 | Statement of operations | A summary of the results of all transactions during an accounting period. |
| 20 | Statement of other economic flows | Changes to stocks of assets, liabilities and net worth that come about from sources other than transactions. |
| 21 | Balance sheet | Stocks of assets and liabilities and the corresponding net worth. |
| 22 | Statement of sources and uses of cash | A summary of all cash flows presented using classifications similar to the Statement of operations. |
| 23 | Statement of stocks and flows | How the operating balance is applied to capital investment and debt repayment at a component level. |
| 24 | Reconciliation between GAAP and GFS operating balance | The adjustments between the GAAP and GFS operating balance. |
| 25 | Reconciliation between GAAP residual cash and GFS cash surplus/(deficit) |
The adjustments between the GAAP and GFS cash indicators.
|
The GFS manual (on the IMF's website) includes additional explanations on definitions for some of the terminology used in this section.
