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Historical Financial Information

Historical Financial Information - $ million
Year ended 30 June
$ million
2004
Actual
2005
Actual
2006
Actual
2007
Actual
2008
Actual
2009
Actual
2010
Actual
2011
Actual
2012
Actual
2013
Actual
2014
Actual
Statement of financial performance
Core Crown tax revenue 43,358 47,468 50,973 53,477 56,747 54,681 50,744 51,557 55,081 58,651 61,474
Core Crown other revenue 2,861 3,577 4,762 4,734 5,072 4,801 5,472 5,993 5,484 5,498 5,823
Core Crown revenue 46,219 51,045 55,735 58,211 61,819 59,482 56,216 57,550 60,565 64,149 67,297
Crown entities, SOE revenue and eliminations 13,051 14,322 15,690 16,378 19,660 20,024 18,509 24,013 22,918 22,506 22,099
Total Crown revenue 59,271 65,367 71,425 74,589 81,479 79,506 74,725 81,563 83,483 86,655 89,396
Social security and welfare 14,252 14,682 15,598 16,768 17,877 19,382 21,185 22,005 22,028 22,741 23,281
Health 8,111 8,813 9,547 10,355 11,297 12,368 13,128 13,753 14,160 14,498 14,898
Education 7,585 7,930 9,914 9,269 9,551 11,455 11,724 11,650 11,654 12,504 12,300
Core government services 2,091 2,567 2,507 4,817 3,371 5,293 2,974 5,563 5,428 4,294 4,502
Other core Crown expenses 9,843 10,903 11,754 12,795 14,901 15,504 15,002 17,479 15,806 16,269 16,486
Core Crown expenses 41,882 44,895 49,320 54,004 56,997 64,002 64,013 70,450 69,076 70,306 71,467
Crown entities, SOE expenses and eliminations 11,816 13,397 15,015 14,725 18,845 19,397 17,027 29,509 23,647 20,701 20,703
Total Crown expenses 53,698 58,292 64,334 68,729 75,842 83,399 81,040 99,959 92,723 91,007 92,170
OBEGAL (excluding minority interests) 5,573 7,075 7,091 5,860 5,637 (3,893) (6,315) (18,396) (9,240) (4,414) (2,933)
Gains/(losses) 1,736 (1,144) 2,451 2,162 (3,253) (6,612) 1,806 5,036 (5,657) 11,339 5,741
Operating balance (excluding minority interests) 7,309 5,931 9,542 8,022 2,384 (10,505) (4,509) (13,360) (14,897) 6,925 2,808
Statement of financial position
Property, plant and equipment 57,940 67,494 89,141 95,598 103,329 110,135 113,330 114,854 108,584 109,833 116,306
Financial assets 32,654 42,005 66,396 73,718 85,063 93,359 95,971 115,362 116,178 118,779 123,177
Other assets 18,756 19,714 9,503 11,031 12,443 13,657 14,054 14,999 15,556 15,804 16,600
Total assets 109,351 129,212 165,040 180,347 200,835 217,151 223,355 245,215 240,318 244,416 256,083
Borrowings 37,720 37,728 40,027 41,898 46,110 61,953 69,733 90,245 100,534 100,087 103,419
Other liabilities 32,036 37,243 41,042 41,622 49,211 55,683 58,634 74,083 80,004 74,318 71,885
Total liabilities 69,756 74,972 81,069 83,520 95,321 117,636 128,367 164,328 180,538 174,405 175,304
Minority interests 139 215 293 369 382 447 402 308 432 1,940 5,211
Net worth attributable to the Crown 39,456 54,025 83,678 96,458 105,132 99,068 94,586 80,579 59,348 68,071 75,568
Debt Indicators
Net debt 23,858 19,879 16,163 13,380 10,258 17,119 26,738 40,128 50,671 55,835 59,931
Gross debt 36,017 35,478 33,903 30,647 31,390 43,356 53,591 72,420 79,635 77,984 81,956
Historical Financial Information - as % of GDP
Year ended 30 June
as % of GDP
2004
Actual
2005
Actual
2006
Actual
2007
Actual
2008
Actual
2009
Actual
2010
Actual
2011
Actual
2012
Actual
2013
Actual
2014
Actual
Nominal GDP (revised) 146,387 155,372 163,143 173,297 185,727 185,822 192,435 200,897 209,181 212,521 229,145
Statement of financial performance
Core Crown tax revenue 29.6% 30.6% 31.2% 30.9% 30.6% 29.4% 26.4% 25.7% 26.3% 27.6% 26.8%
Core Crown other revenue 2.0% 2.3% 2.9% 2.7% 2.7% 2.6% 2.8% 3.0% 2.6% 2.6% 2.5%
Core Crown revenue 31.6% 32.9% 34.2% 33.6% 33.3% 32.0% 29.2% 28.6% 29.0% 30.2% 29.4%
Crown entities, SOE and elimination revenue 8.9% 9.2% 9.6% 9.5% 10.6% 10.8% 9.6% 12.0% 11.0% 10.6% 9.6%
Total Crown revenue 40.5% 42.1% 43.8% 43.0% 43.9% 42.8% 38.8% 40.6% 39.9% 40.8% 39.0%
Social security and welfare 9.7% 9.4% 9.6% 9.7% 9.6% 10.4% 11.0% 11.0% 10.5% 10.7% 10.2%
Health 5.5% 5.7% 5.9% 6.0% 6.1% 6.7% 6.8% 6.8% 6.8% 6.8% 6.5%
Education 5.2% 5.1% 6.1% 5.3% 5.1% 6.2% 6.1% 5.8% 5.6% 5.9% 5.4%
Core government services 1.4% 1.7% 1.5% 2.8% 1.8% 2.8% 1.5% 2.8% 2.6% 2.0% 2.0%
Other core Crown expenses 6.7% 7.0% 7.2% 7.4% 8.0% 8.3% 7.8% 8.7% 7.6% 7.7% 7.2%
Core Crown expenses 28.6% 28.9% 30.2% 31.2% 30.7% 34.4% 33.3% 35.1% 33.0% 33.1% 31.2%
Crown entities, SOE and elimination expenses 8.1% 8.6% 9.2% 8.5% 10.1% 10.4% 8.8% 14.7% 11.3% 9.7% 9.0%
Total Crown expenses 36.7% 37.5% 39.4% 39.7% 40.8% 44.9% 42.1% 49.8% 44.3% 42.8% 40.2%
OBEGAL (excluding minority interests) 3.8% 4.6% 4.3% 3.4% 3.0% -2.1% -3.3% -9.2% -4.4% -2.1% -1.3%
Gains/(losses) 1.2% -0.7% 1.5% 1.2% -1.8% -3.6% 0.9% 2.5% -2.7% 5.3% 2.5%
Operating balance (excluding minority interests) 5.0% 3.8% 5.8% 4.6% 1.3% -5.7% -2.3% -6.7% -7.1% 3.3% 1.2%
Statement of financial position
Property, plant and equipment 39.6% 43.4% 54.6% 55.2% 55.6% 59.3% 58.9% 57.2% 51.9% 51.7% 50.8%
Financial assets and sovereign receivables 22.3% 27.0% 40.7% 42.5% 45.8% 50.2% 49.9% 57.4% 55.5% 55.9% 53.8%
Other assets 12.8% 12.7% 5.8% 6.4% 6.7% 7.3% 7.3% 7.5% 7.4% 7.4% 7.2%
Total assets 74.7% 83.2% 101.2% 104.1% 108.1% 116.9% 116.1% 122.1% 114.9% 115.0% 111.8%
Borrowings 25.8% 24.3% 24.5% 24.2% 24.8% 33.3% 36.2% 44.9% 48.1% 47.1% 45.1%
Other liabilities 21.9% 24.0% 25.2% 24.0% 26.5% 30.0% 30.5% 36.9% 38.2% 35.0% 31.4%
Total liabilities 47.7% 48.3% 49.7% 48.2% 51.3% 63.3% 66.7% 81.8% 86.3% 82.1% 76.5%
Minority interests 0.1% 0.1% 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% 0.9% 2.3%
Net worth attributable to the Crown 27.0% 34.8% 51.3% 55.7% 56.6% 53.3% 49.2% 40.1% 28.4% 32.0% 33.0%
Debt Indicators
Net debt 16.3% 12.8% 9.9% 7.7% 5.5% 9.2% 13.9% 20.0% 24.2% 26.3% 26.2%
Gross debt 24.6% 22.8% 20.8% 17.7% 16.9% 23.3% 27.8% 36.0% 38.1% 36.7% 35.8%
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