APPENDIX C: AUSTRALIAN ACCOUNTING STANDARDS
FINANCIAL STATEMENTS
This Appendix presents financial statements that have been prepared on an accrual
basis in accordance with applicable Australian Accounting Standards (AAS), being the
Australian Equivalents to International Financial Reporting Standards (AEIFRS) and
AAS 31 Financial Reporting by Governments, except where departures from the standard
are identified in Note 1.
A reconciliation of the Australian Government’s general government sector AAS
income, expenses and operating result with the general government sector
Government Finance Statistics (GFS) revenue, expenses and operating balance is
provided in Appendix E.
219
Appendix C: Australian Accounting Standards financial statements
Table C1: Australian Government general government sector income statement
Note
Revenues
Taxation
Income tax
Indirect tax
Other taxes
Total taxation revenue
3
4
Non-taxation
Sales of goods and services
Interest and dividends
Other sources of non-tax revenue
Total non-tax revenue
Total revenue
5
6
Gains
Net foreign exchange gains
Net gains from sale of assets
Other gains
Total gains
Income
Expenses
Goods and services
Employees
Suppliers
Depreciation and amortisation
Net write-down and impairment of
assets and fair value losses
Net foreign exchange losses
Net losses from sale of assets
Other goods and services expenses
Total goods and services
Subsidies benefits and grants
Personal benefits
Subsidies
Grants
Total subsidies benefits and grants
7
8
9
10
11
Borrowing costs
Interest
Other borrowing costs
Total interest and other borrowing
costs
Total expenses
Operating result
220
Estimates
2007-08
2008-09
$m
$m
Projections
2009-10
2010-11
$m
$m
203,060
30,411
2,199
235,670
213,190
31,071
2,322
246,583
226,280
31,391
2,219
259,890
233,040
31,761
2,283
267,084
5,191
8,670
3,674
17,536
253,206
5,322
9,333
3,675
18,330
264,913
5,452
10,173
3,814
19,439
279,330
5,567
11,214
3,959
20,740
287,824
0
18
976
994
254,199
0
1,523
3,452
4,975
269,888
0
0
4,248
4,248
283,578
0
4
4,534
4,538
292,362
27,357
23,365
5,221
27,580
23,324
5,390
28,379
23,133
5,358
29,376
23,063
5,241
3,692
0
0
8,333
67,969
3,752
0
0
8,795
68,841
3,865
0
0
9,589
70,323
3,968
0
0
10,294
71,940
102,878
12,897
48,410
164,185
109,605
13,612
51,578
174,795
116,214
14,363
52,779
183,356
123,694
14,758
53,609
192,061
5,677
303
5,261
357
4,964
382
4,562
282
5,980
238,133
5,619
249,255
5,347
259,026
4,844
268,845
16,066
20,634
24,552
23,517
Appendix C: Australian Accounting Standards financial statements
Table C2: Australian Government general government sector balance sheet
Note
Assets
Financial assets
Cash
Receivables
Investments
Equity accounted investments
Accrued revenue
Other financial assets
Total financial assets
Non-financial assets
Land and buildings
Infrastructure
Heritage and cultural assets
Intangibles
Investment property
Biological assets
Assets held for sale
Inventories
Other non-financial assets
Total non-financial assets
12
Projections
2009-10
2010-11
$m
$m
1,043
35,326
129,418
185
2,956
38
168,967
1,135
36,968
148,892
185
3,167
39
190,387
1,018
38,717
169,534
185
3,220
41
212,715
1,420
41,013
181,243
185
3,154
21
227,037
23,921
43,924
8,245
2,424
110
3
159
6,100
3,640
88,527
25,229
47,051
8,258
2,520
104
4
164
6,224
2,222
91,777
26,022
50,916
8,280
2,443
100
5
169
6,402
1,748
96,084
27,078
54,509
8,294
2,349
98
6
177
6,585
1,684
100,779
257,493
282,164
308,799
327,815
59,288
6,080
283
263
0
1,065
66,979
59,469
5,803
747
263
0
1,055
67,336
58,917
5,573
712
263
0
1,035
66,500
50,947
5,628
672
263
0
1,032
58,542
115,357
3,390
7,487
1,317
1,020
12,734
141,305
119,482
3,479
7,682
1,264
1,080
12,784
145,772
123,583
3,530
7,796
1,227
1,019
12,854
150,009
127,803
3,589
8,097
1,304
1,077
12,899
154,769
0
0
0
0
208,284
213,108
216,508
213,311
49,210
69,056
92,291
114,504
-12,819
62,029
0
49,210
8,029
61,027
0
69,056
32,996
59,295
0
92,291
56,980
57,524
0
114,504
13
Total assets
Liabilities
Debt
Government securities
Loans
Leases
Deposits
Overdrafts
Other debt
Total debt
Provisions and payables
Employees
Suppliers
Personal benefits payable
Subsidies payable
Grants payable
Other provisions and payables
Total provisions and payables
Estimates
2007-08
2008-09
$m
$m
14
15
Liabilities associated with assets
held for sale
Total liabilities
Net assets
Equity
Accumulated results
Reserves
Capital
Total equity
221
222
Closing balance
Total income and expenses
Transfers between reserves
Dividends
Other movements
Income and expense
Revenues and expenses recognised directly
in equity
Currency translation gain (loss)
Financial asset revaluations
Non-financial asset revaluations
Total revenues and expenses recognised
directly in equity
Net operating result
Opening balance
Balance carried forward from previous period
Adjustment for errors / entity adjustments
Adjustment for changes in accounting policy
Adjusted opening balance
-12,819
8,029
-8
0
240
0
20,634
0
16,066
23
0
27
na
na
na
-12,819
-17
0
-12,836
na
na
na
5,079
-34,014
0
-28,935
2007-08 2008-09
$m
$m
Accumulated results
19,415
-16
0
3
145
na
na
113
32
19,325
-42
0
19,283
19,487
2
0
5
65
na
na
30
35
19,415
0
0
19,415
Asset revaluation
reserve
2007-08 2008-09
$m
$m
42,613
-7
0
-13
0
na
0
0
na
8,612
34,022
0
42,634
41,539
6
0
-1,081
0
na
0
0
na
42,613
0
0
42,614
2007-08 2008-09
$m
$m
Other reserves
Table C3: Australian Government general government sector statement of changes in equity
0
0
0
0
0
na
na
na
na
0
0
0
0
0
0
0
0
0
na
na
na
na
0
0
0
0
Contributed
equity/capital
2007-08 2008-09
$m
$m
49,210
0
0
17
145
16,066
0
113
32
33,016
-34
0
32,982
69,056
0
0
-836
65
20,634
0
30
35
49,210
-17
0
49,193
2007-08 2008-09
$m
$m
Total equity
Appendix C: Australian Accounting Standards financial statements
223
Closing balance
Total income and expenses
Transfers between reserves
Dividends
Other movements
Income and expense
Revenues and expenses recognised directly
in equity
Currency translation gain (loss)
Financial asset revaluations
Non-financial asset revaluations
Total revenues and expenses recognised
directly in equity
Net operating result
Opening balance
Balance carried forward from previous period
Adjustment for errors / entity adjustments
Adjustment for changes in accounting policy
Adjusted opening balance
32,996
-7
0
442
0
24,552
na
na
na
8,029
-20
0
8,009
56,980
-5
0
548
0
23,517
na
na
na
32,996
-76
0
32,920
2009-10 2010-11
$m
$m
Accumulated results
19,567
1
0
6
73
na
na
30
43
19,487
0
0
19,487
19,644
0
0
6
72
na
na
37
34
19,567
-1
0
19,566
Asset revaluation
reserve
2009-10 2010-11
$m
$m
39,728
6
0
-1,818
0
na
0
0
na
41,539
0
0
41,540
37,880
5
0
-1,853
0
na
0
0
na
39,728
1
0
39,728
2009-10 2010-11
$m
$m
Other reserves
0
0
0
0
0
na
na
na
na
0
0
0
0
0
0
0
0
0
na
na
na
na
0
0
0
0
Contributed
equity/capital
2009-10 2010-11
$m
$m
Table C3: Australian Government general government sector statement of changes in equity (continued)
92,291
0
0
-1,370
73
24,552
0
30
43
69,056
-20
0
69,036
114,504
0
0
-1,299
72
23,517
0
37
34
92,291
-76
0
92,215
2009-10 2010-11
$m
$m
Total equity
Appendix C: Australian Accounting Standards financial statements
Appendix C: Australian Accounting Standards financial statements
Table C4: Australian Government general government sector cash flow
statement
Note
Operating activities
Cash received
Taxation
Sales of goods and services
Interest
Dividends
GST input credit receipts
Other
Total operating cash received
16
Cash used
Payments to employees
Payments to suppliers
Subsidies paid
Personal benefits
Grant payments
Interest and other financing costs
GST payments to taxation authority
Other
Total operating cash used
Net cash from operating activities
Investing activities
Cash received
Proceeds from asset sales program
Proceeds from sales of property,
plant and equipment and intangibles
Other net investing cash received
Total investing cash received
Cash used
Purchase of property, plant and
equipment and intangibles
Net loans, advances and HELP
Other net investing cash paid
Total investing cash used
Net cash from investing activities
Financing activities
Cash received
Net cash received from currency
issues
Other
Total financing cash received
Cash used
Net repayments of borrowings
Other
Total financing cash used
Net cash from financing activities
Net increase/decrease in cash held
2
224
Estimates
2007-08
2008-09
$m
$m
Projections
2009-10
2010-11
$m
$m
231,729
5,445
6,175
2,692
3,951
3,240
253,232
242,184
5,593
5,545
4,017
3,921
3,435
264,695
255,342
5,701
6,386
3,983
3,888
3,586
278,885
262,459
5,813
7,070
4,434
3,881
3,733
287,389
23,117
27,743
12,321
102,374
47,994
5,753
74
8,171
227,546
23,425
27,537
13,031
109,340
50,369
5,427
73
8,670
237,873
24,248
27,290
13,836
116,060
52,504
4,956
73
9,488
248,455
25,125
27,321
14,217
123,395
53,606
5,404
73
10,218
259,360
25,687
26,822
30,430
28,029
6,602
2,815
0
0
301
288
7,191
258
313
3,387
254
331
585
88
346
434
8,155
2,052
25,200
35,406
9,484
1,924
18,731
30,139
10,148
1,806
18,341
30,296
9,812
2,008
9,119
20,939
-28,215
-26,752
-29,710
-20,505
0
0
0
0
0
0
0
0
0
0
0
0
-2,542
126
-2,416
-167
145
-22
699
138
837
6,995
127
7,122
2,416
22
-837
-7,122
-112
92
-117
402
Appendix C: Australian Accounting Standards financial statements
NOTES TO THE AAS FINANCIAL STATEMENTS
Note 1: External reporting standards and accounting policies
The Charter of Budget Honesty Act 1998 requires that the Mid-Year Economic and Fiscal
Outlook be based on external reporting standards and that departures from applicable
external reporting standards be identified.
The financial statements included in this Appendix have been prepared on an accrual
basis in accordance with applicable Australian Accounting Standards (AAS), being the
Australian Equivalents to International Financial Reporting Standards (AEIFRS) and
AAS 31 Financial Reporting by Governments (AAS 31).
AAS requires governments to prepare accrual based general purpose financial reports.
This means that assets, liabilities, income and expenses are recorded in financial
statements when transactions have an economic impact on the government, rather
than when the cash flow associated with these transactions occurs. Consistent with
AAS, an income statement, a balance sheet, a statement of changes in equity, and a
cash flow statement have been prepared for the budget year and the three forward
years.
The accounting policies in this Appendix are generally consistent with the accounting
policies in AAS. While the scope for financial reporting recommended in AAS 31 is the
whole of government (that is, the Australian Government public sector), in accordance
with the Charter of Budget Honesty Act 1998, the presentation covers the general
government sector only. This Appendix includes notes showing disaggregated
information.
AAS would suggest the gross amount of goods and services tax (GST) be included in
the Australian Government’s financial statements. However, under the
Intergovernmental Agreement on the Reform of Commonwealth-State Financial Relations,
GST is collected by the Australian Taxation Office as an agent for the States and
Territories (the States), and appropriated to the States. Therefore, GST cash flows and
any accrued GST revenues and associated payments to the States are not recorded in
the financial statements.
The new AEIFRS standard relating to superannuation is AASB 119 Employee Benefits.
The standard requires the government bond rate at balance date to be referenced when
valuing the superannuation liability, with the relevant bond yield to match the term of
the liability. However, the longest maturing government bond is only 10 years,
significantly shorter than the term of the superannuation liability. Therefore, in
applying this standard, a longer term rate of 6 per cent as determined by actuaries is
adopted to discount the liability for budget reporting. Guidance has been sought from
the Australian Accounting Standards Board to clarify the differing interpretations in
applying AASB 119 for outcomes.
225
Appendix C: Australian Accounting Standards financial statements
The basis of recognition of the Government’s obligation for education grants, primarily
to the States, has changed to when payments are due to be made. The financial effect of
this change is recognised in the statement of changes in equity. Further details are
contained in Box 2 in Attachment E of Part 4.
226
Appendix C: Australian Accounting Standards financial statements
Note 2: Reconciliation of cash
Estimates
2007-08
2008-09
$m
$m
16,066
20,634
Operating result (revenues less expenses)
less Revenues not providing cash
Foreign exchange gains
Gains from asset sales programme
Gains from sale of assets
Other
Total revenues not providing cash
plus Expenses not requiring cash
Increase/(decrease) in employee entitlements
Depreciation/amortisation expense
Provision for bad and doubtful debts
Provision for diminution in value of assets
Losses from asset sales programme
Losses from sale of assets
Foreign exchange losses
Other
Total expenses not requiring cash
plus Cash provided by working capital items
Decrease in inventories
Decrease in receivables
Decrease in other financial assets
Decrease in other non-financial assets
Increase in benefits subsidies and grants
payable
Increase in suppliers' liabilities
Increase in other provisions and payables
Total cash provided by working capital items
less Cash used by working capital items
Increase in inventories
Increase in receivables
Increase in other financial assets
Increase in other non-financial assets
Decrease in benefits subsidies and grants
payable
Decrease in other provisions and payables
Decrease in suppliers' liabilities
Total cash used by working capital items
equals Net cash from/(to) operating activities
plus Net cash from/(to) investing activities
Net cash from operating activities and
investment
plus Net cash from/(to) financing activities
equals Net (decrease)/increase in cash
227
Projections
2009-10
2010-11
$m
$m
24,552
23,517
0
0
52
913
965
0
1,511
16
3,349
4,876
0
0
2
4,128
4,130
0
0
7
4,509
4,516
4,216
5,221
33
471
27
0
0
234
10,201
4,125
5,390
41
382
0
0
0
204
10,142
4,100
5,358
55
384
0
0
0
236
10,133
4,220
5,241
67
400
0
0
0
141
10,069
0
475
0
857
0
0
0
1,194
0
0
0
396
0
0
97
3
248
63
0
1,643
247
89
17
1,547
151
51
186
783
399
59
0
558
366
0
521
0
124
261
187
0
178
515
66
0
183
734
0
0
325
47
0
1,259
53
0
0
626
150
0
0
909
0
682
0
1,600
25,687
-28,215
26,822
-26,752
30,430
-29,710
28,029
-20,505
-2,529
70
720
7,524
2,416
22
-837
-7,122
-112
92
-117
402
Appendix C: Australian Accounting Standards financial statements
Note 2(a): Consolidated Revenue Fund
The estimated and projected cash balances reflected in the balance sheet for the
Australian Government general government sector (Table C2) include the reported
cash balances controlled and administered by Australian Government agencies subject
to the Financial Management and Accountability Act 1997 and the reported cash balances
controlled and administered by entities, subject to the Commonwealth Authorities and
Companies Act 1997 (CAC Act), that implement public policy through the provision of
primarily non-market services.
Revenues or monies raised by the Executive Government automatically form part of
the Consolidated Revenue Fund by force of section 81 of the Australian Constitution.
For practical purposes, total Australian Government general government sector cash,
less cash controlled and administered by CAC Act entities, plus special public monies
represents the Consolidated Revenue Fund referred to in section 81 of the Australian
Constitution. On this basis, the balance of the Consolidated Revenue Fund is shown
below.
Estimates
2007-08
2008-09
$m
$m
Total general government sector
cash (Appendix C)
less CAC Agency cash balances
plus Special public monies
Balance of Consolidated Revenue Fund
at 30 June
228
Projections
2009-10
2010-11
$m
$m
1,043
1,061
115
1,135
1,190
118
1,018
1,027
120
1,420
1,351
123
97
63
111
192
Appendix C: Australian Accounting Standards financial statements
Note 3: Income tax revenue
Individuals and other withholding taxes
Gross income tax withholding
Gross other individuals
less: Refunds
Total individuals and other withholding taxation
Fringe benefits tax
Superannuation funds
Contributions and earnings
Superannuation surcharge
Total superannuation taxation
Company tax
Petroleum resource rent tax
Income taxation revenue
Estimates
2007-08
2008-09
$m
$m
Projections
2009-10
2010-11
$m
$m
113,330
28,110
19,790
121,650
3,970
115,980
29,140
21,850
123,270
4,100
122,210
30,860
22,420
130,650
3,960
129,110
31,430
24,090
136,450
3,950
10,050
80
10,130
65,250
2,060
203,060
11,580
10
11,590
71,850
2,380
213,190
12,810
10
12,820
76,100
2,750
226,280
13,810
10
13,820
76,580
2,240
233,040
Note 4: Indirect tax revenue
Estimates
2007-08
2008-09
$m
$m
Excise duty
Petroleum and other fuel products
Crude oil
Other excise
Customs duty
Other indirect taxation
GST
less transfers to States in relation to
GST revenue
GST revenue
Mirror taxes
less transfers to States in relation to
mirror tax revenue
Mirror tax revenue
Indirect taxation revenue
229
Projections
2009-10
2010-11
$m
$m
14,490
340
8,260
6,010
1,311
43,530
14,740
170
8,440
6,350
1,371
46,650
15,160
160
8,620
6,040
1,411
48,990
15,670
220
8,780
5,630
1,461
51,620
43,530
0
370
46,650
0
390
48,990
0
412
51,620
0
436
370
0
30,411
390
0
31,071
412
0
31,391
436
0
31,761
Appendix C: Australian Accounting Standards financial statements
Note 5: Interest and dividend revenue
Estimates
2007-08
2008-09
$m
$m
Interest
Interest from other governments
State and Territory debt
Housing agreements
Total interest from other governments
Projections
2009-10
2010-11
$m
$m
16
188
204
15
183
198
14
179
193
13
174
187
Interest from other sources
Swap interest
Advances
Deposits
Bills receivable
Bank deposits
Indexation of HELP receivable and other
student loans(a)
Other
Total interest from other sources
1,620
28
0
6
253
1,275
27
0
168
265
1,029
27
0
172
279
785
27
0
176
292
52
3,801
5,759
51
3,331
5,118
51
4,419
5,978
48
5,316
6,644
Total interest
5,962
5,316
6,170
6,830
Dividends
Dividends from controlled entities
Other dividends
Total dividends
1,393
1,314
2,707
2,167
1,850
4,017
2,117
1,886
4,003
2,541
1,842
4,384
Total interest and dividend revenue
8,670
9,333
10,173
11,214
(a) Under AEIFRS, HELP is now reported at fair value. Any changes in fair value are reported under other
gains.
230
Appendix C: Australian Accounting Standards financial statements
Note 6: Other sources of non-tax revenue
Industry contributions
International Monetary Fund related revenue
Royalties
Seigniorage
Other
Total other sources of non-taxation revenue
Estimates
2007-08
2008-09
$m
$m
213
198
5
4
1,272
1,257
106
103
2,080
2,113
3,674
3,675
Projections
2009-10
2010-11
$m
$m
198
199
4
4
1,331
1,303
103
103
2,178
2,351
3,814
3,959
Estimates
2007-08
2008-09
$m
$m
15,093
15,001
1,495
1,522
44
46
10
6
10,716
11,005
Projections
2009-10
2010-11
$m
$m
15,426
15,826
1,570
1,687
46
44
5
10
11,332
11,808
Note 7: Employee expenses
Salaries and wages(a)
Leave and other entitlements
Separations and redundancies
Workers compensation premiums
Other (including superannuation)
Total employee expenses
(a) Salaries and wages do not include superannuation.
27,357
27,580
28,379
29,376
Note 8: Suppliers expenses
Estimates
2007-08
2008-09
$m
$m
20,984
20,842
1,791
1,863
590
619
Supply of goods and services
Operating lease rental expenses
Other
Total suppliers expenses
23,365
231
23,324
Projections
2009-10
2010-11
$m
$m
20,630
20,672
1,911
1,858
591
533
23,133
23,063
Appendix C: Australian Accounting Standards financial statements
Note 9: Depreciation and amortisation expenses
Estimates
2007-08
2008-09
$m
$m
Projections
2009-10
2010-11
$m
$m
Depreciation
Specialist military equipment
Buildings
Other infrastructure, plant and equipment
Heritage and cultural assets
Investment property
2,738
741
1,207
44
0
2,740
789
1,255
45
0
2,597
800
1,309
45
0
2,476
869
1,276
43
0
Total depreciation
4,730
4,829
4,750
4,664
Total amortisation
490
561
607
577
5,221
5,390
5,358
5,241
Total depreciation and amortisation
expenses
Note 10: Other goods and services expenses
Estimates
2007-08
2008-09
$m
$m
4,690
4,829
1,867
2,077
1,775
1,889
Health care payments
Development Cooperation Program
Other
Total other goods and services expenses
8,333
8,795
Projections
2009-10
2010-11
$m
$m
4,961
5,010
2,214
2,350
2,414
2,934
9,589
10,294
Note 11: Grants expenses
Estimates
2007-08
2008-09
$m
$m
30,278
31,211
1,835
1,748
728
659
1,963
1,606
588
689
6,189
6,725
6,830
8,940
State and Territory governments
Non-profit organisations
Overseas
Private sector
Local governments
Multi-jurisdictional sector
Other
Total grants expenses
48,410
51,578
Projections
2009-10
2010-11
$m
$m
32,897
34,226
1,672
1,756
474
511
1,600
1,435
166
45
6,911
7,056
9,059
8,581
52,779
53,609
Note 12: Receivables
Estimates
2007-08
2008-09
$m
$m
10,339
10,976
21,362
22,431
3,624
3,561
Taxes receivable
Advances and loans
Other receivables
Total receivables
35,326
232
36,968
Projections
2009-10
2010-11
$m
$m
11,763
12,782
23,343
24,580
3,610
3,650
38,717
41,013
Appendix C: Australian Accounting Standards financial statements
Note 13: Non-financial assets
Estimates
2007-08
2008-09
$m
$m
Projections
2009-10
2010-11
$m
$m
Land and buildings
Land
Buildings
Total land and buildings
6,940
16,981
23,921
6,972
18,258
25,229
6,900
19,122
26,022
7,016
20,062
27,078
Infrastructure
Specialist military equipment
Other
Total infrastructure
33,900
10,025
43,924
37,027
10,024
47,051
41,093
9,824
50,916
44,961
9,548
54,509
Intangibles
Computer software
Other
Total intangibles
2,277
146
2,424
2,326
194
2,520
2,253
190
2,443
2,177
172
2,349
Total heritage and cultural assets
8,245
8,258
8,280
8,294
110
104
100
98
Total investment properties
Total biological assets
3
4
5
6
159
164
169
177
Total inventories
6,100
6,224
6,402
6,585
Other non-financial assets
Prepayments
Other
Total other non-financial assets
3,259
381
3,640
1,824
398
2,222
1,229
518
1,748
1,022
662
1,684
88,527
91,777
96,084
100,779
Total assets held for sale
Total non-financial assets
Note 14: Employee and superannuation liabilities
Superannuation
Leave and other entitlements
Accrued salaries and wages
Workers compensation claims
Separations and redundancies
Workers compensation premiums
Other
Estimates
2007-08
2008-09
$m
$m
106,305
110,056
4,642
4,821
254
298
1,530
1,568
33
32
1,613
1,691
981
1,016
Projections
2009-10
2010-11
$m
$m
113,782
117,561
5,007
5,292
359
384
1,602
1,638
32
32
1,774
1,858
1,027
1,039
Total employee and superannuation liabilities
115,357
123,583
233
119,482
127,803
Appendix C: Australian Accounting Standards financial statements
Note 15: Grants payable
State and Territory governments
Non-profit organisations
Private sector
Overseas
Local governments
Other
Total grants payable
Estimates
2007-08
2008-09
$m
$m
52
47
50
50
241
216
393
449
4
4
280
314
1,020
1,080
Projections
2009-10
2010-11
$m
$m
49
50
50
50
208
207
365
392
4
4
342
374
1,019
1,077
Estimates
2007-08
2008-09
$m
$m
Projections
2009-10
2010-11
$m
$m
274,349
287,844
303,423
313,025
42,250
45,270
47,670
50,130
370
231,729
390
242,184
412
255,342
436
262,459
Note 16: Taxation receipts
Total taxation receipts
less payments to States
in relation to GST receipts
less payments to States
in relation to mirror tax receipts
Taxation receipts
234