Notes to the financial statements
Note 2: Taxation revenue
General Government
2012
2011
$m
$m
Australian Government
2012
2011
$m
$m
Income taxation
Individuals and other withholding taxes
Gross income tax withholding
143,978
130,790
143,978
Gross other individuals
32,992
30,642
32,992
less Refunds
(25,537)
(24,660)
(25,537)
Total individuals and other withholding taxation
151,433
136,772
151,433
Fringe benefits tax
3,964
3,348
3,964
Company tax
66,726
57,312
66,495
Superannuation funds
7,852
6,693
7,852
Petroleum resource rent tax
1,293
806
1,293
Total income taxation revenue
231,268
204,931
231,037
Indirect taxation
Sales taxes
Goods and services tax
48,849
48,093
48,849
Wine equalisation tax
716
747
716
Luxury car tax
440
489
440
Total sales taxes
50,005
49,329
50,005
Excise duty
Petrol
6,016
5,907
6,016
Diesel
8,203
7,454
8,203
Beer
1,932
1,957
1,932
Tobacco
5,449
6,387
5,449
Other excisable products
3,881
4,098
3,881
Of which: Other excisable beverages(a)
906
900
906
Total excise duty revenue
25,481
25,803
25,481
Customs duty
Textiles, clothing and footwear
655
643
655
Passenger motor vehicles
903
774
903
Excise-like goods
4,307
3,364
4,307
Other imports
1,441
1,288
1,441
less Refunds and drawbacks
(202)
(241)
(202)
Total customs duty revenue
7,104
5,828
7,104
Other indirect taxation
Agricultural levies
421
445
421
Other taxes
2,500
2,668
2,500
Total other indirect taxation revenue
2,921
3,113
2,921
Mirror taxes
467
433
467
less Transfers to States in relation to
mirror tax revenue
(467)
(433)
(467)
Mirror tax revenue
Total indirect taxation revenue
85,511
84,073
85,511
Total taxation revenue
316,779
289,004
316,548
(a) Other excisable beverages are those not exceeding 10 per cent by volume of alcohol.
83
130,790
30,642
(24,660)
136,772
3,348
57,146
6,693
806
204,765
48,093
747
489
49,329
5,907
7,454
1,957
6,387
4,098
900
25,803
643
774
3,364
1,288
(241)
5,828
445
2,668
3,113
433
(433)
84,073
288,838
Notes to the financial statements
Note 3: Sales of goods and services
Sales of goods
Rendering of services
Operating lease rental
Other fees from regulatory services
Total sales of goods and services revenue
Cost of goods sold
General Government
2012
2011
$m
$m
1,231
1,125
4,064
4,234
76
51
2,735
2,270
8,106
7,680
421
403
Australian Government
2012
2011
$m
$m
7,072
6,565
10,339
10,172
114
91
2,735
2,270
20,260
19,098
752
672
General Government
2012
2011
$m
$m
Australian Government
2012
2011
$m
$m
Note 4: Interest and dividend income
Interest from other governments
State and Territory debt
Housing agreements
General purpose advances
Total interest from other governments
Interest from other sources
Advances
Deposits
Bills receivable
Bank deposits
Indexation of HELP receivable and
other student loans
Securities
Other
Total interest from other sources
Total interest
Dividends
Dividends from other public sector entities
Other dividends
Total dividends
Total interest and dividend income
11
144
155
12
149
161
11
144
370
525
12
149
295
456
40
140
3
255
38
136
251
41
266
96
412
38
279
88
348
388
2,403
1,233
4,462
4,617
216
3,346
1,021
5,008
5,169
388
3,470
893
5,566
6,091
216
4,484
883
6,336
6,792
1,267
1,395
2,662
7,279
621
1,941
2,562
7,731
1,472
1,472
7,563
2,031
2,031
8,823
Note 5: Other sources of non-taxation revenue
General Government
2012
2011
$m
$m
64
63
1,645
1,626
108
118
1,348
1,122
2,829
2,544
Industry contributions
Royalties
Seigniorage
Child support payments
Other
Total other sources of non-taxation
revenue
5,994
84
5,473
Australian Government
2012
2011
$m
$m
64
63
1,645
1,627
108
118
1,348
1,122
2,892
2,600
6,057
5,530
Notes to the financial statements
Note 6: Employee and superannuation expenses
General Government
2012
2011
$m
$m
18,192
17,940
Wages and salaries expenses
Other operating expenses
Leave and other entitlements
Separations and redundancies
Workers compensation premiums and claims
Other
Total other operating expenses
Superannuation expenses
Superannuation
Superannuation interest
Total superannuation expenses
Total employee and superannuation expense
Australian Government
2012
2011
$m
$m
21,605
21,154
3,194
234
1,193
1,987
6,608
2,560
169
1,024
1,301
5,054
3,741
286
1,241
2,099
7,367
3,002
209
1,048
1,392
5,651
4,564
7,376
11,940
36,740
4,512
6,997
11,509
34,503
4,860
7,376
12,236
41,208
4,792
6,997
11,789
38,594
Employee expenses include salary and allowances received or receivable by 22 Cabinet
Ministers totalling $7.6 million during 2011-12 (20 Cabinet Ministers during
2010-11: $6.7 million).
Note 7: Depreciation and amortisation expenses
General Government
2012
2011
$m
$m
Depreciation
Specialist military equipment
Buildings
Other infrastructure, plant and equipment
Heritage and cultural assets
Total depreciation
Total amortisation
Total depreciation and amortisation expense
2,546
1,229
1,260
51
5,086
755
5,841
2,710
1,181
1,212
50
5,153
723
5,876
Australian Government
2012
2011
$m
$m
2,546
1,325
1,617
51
5,539
941
6,480
2,710
1,262
1,503
50
5,525
859
6,384
Note 8: Supply of goods and services
General Government
2012
2011
$m
$m
22,565
20,286
2,574
2,746
5,281
5,077
39,400
36,155
1,959
1,936
Supply of goods and services
Operating lease rental expenses
Health care payments
Benefits to households in goods and services
Other
Total payment for supply of goods
and services
71,779
85
66,200
Australian Government
2012
2011
$m
$m
25,137
22,745
2,775
2,938
5,281
5,077
39,400
36,155
6,479
6,044
79,072
72,959
Notes to the financial statements
Note 9: Interest expense
General Government
2012
2011
$m
$m
Australian Government
2012
2011
$m
$m
Interest on debt
Government securities
Loans
Taxation overpayments
Exchange settlement funds
Deposits
Other
Total interest on debt
Discount on concessional instruments
Unwinding of discount on provisions
Finance charges for finance leases
Other
Other financing costs
11,414
16
668
44
12,142
635
603
71
28
1,337
9,261
4
658
61
9,984
1,059
247
65
15
1,386
11,343
200
668
52
43
137
12,443
635
608
76
49
1,368
9,196
154
658
63
33
153
10,257
1,059
248
65
29
1,401
Total interest expense
13,479
11,370
13,811
11,658
Note 10: Grants expense
General Government
2012
2011
$m
$m
Current grants expense
State and Territory governments
Local governments
Private sector
Overseas
Non-profit organisations
Multi-jurisdictional sector
Other
Total current grants expense
Capital grants expense
Mutually agreed write-downs
Other capital grants
State and Territory governments
Local governments
Private Sector
Multi-jurisdictional sector
Other
Total other capital grants expense
Total capital grants expense
Total grants expense
86
Australian Government
2012
2011
$m
$m
84,064
35
2,808
4,060
3,080
8,617
8,349
111,013
86,094
14
1,887
3,973
2,816
8,250
5,844
108,878
84,064
35
2,808
4,060
3,080
8,617
8,313
110,977
86,094
14
1,887
3,973
2,816
8,250
5,800
108,834
2,034
2,442
2,034
2,442
12,387
525
150
87
348
13,497
15,531
126,544
11,756
654
257
83
244
12,994
15,436
124,314
12,387
525
150
87
348
13,497
15,531
126,508
11,756
654
257
83
244
12,994
15,436
124,270