Treasurer’s Annual Financial Statement cont… General Government Sector Components of Financial Performance – 2015 2014 $’million $’million Taxation revenue 714.9 566.3 Grants 4,394.1 3,891.2 of goods and services 334.7 306.6 Interest income 88.8 76.4 Dividend and income tax equivalent income 206.3 79.1 Other 528.4 232.0 Total revenues 6,267.2 5,151.6 Employee expenses (2,034.1) (1,947.3) Other operating expenses (1,273.0) (1,204.1) Depreciation (313.6) (298.9) Superannuation expense (332.3) (336.2) Interest expenses (246.0) (210.5) Other property expenses (2.1) (2.8) Grants and subsidies (1,178.8) (1,032.7) expenses (5,379.9) (5,032.5) Net operating balance 887.3 119.1 Other economic flows 20.1 (43.9) Operating result 907.4 75.2 Net operating balance 887.3 119.1 Less net acquisition of non financial assets (591.6) (210.0) Fiscal balance 295.7 (90.9)
Treasurer’s Annual Financial Statement cont… General Government Sector – Components of Financial Performance 2015 2014 $’million $’million Taxation revenue 714.9 566.3 Grants 4,394.1 3,891.2 of goods and services 334.7 306.6 Interest income 88.8 76.4 Dividend and income tax equivalent income 206.3 79.1 Other 528.4 232.0 Total revenues 6,267.2 5,151.6 Employee expenses (2,034.1) (1,947.3) Other operating expenses (1,273.0) (1,204.1) Depreciation (313.6) (298.9) Superannuation expense (332.3) (336.2) Interest expenses (246.0) (210.5) Other property expenses (2.1) (2.8) Grants and subsidies (1,178.8) (1,032.7) expenses (5,379.9) (5,032.5) Net operating balance 887.3 119.1 Other economic flows 20.1 (43.9) Operating result 907.4 75.2 Net operating balance 887.3 119.1 Less net acquisition of non financial assets (591.6) (210.0) Fiscal balance 295.7 (90.9)
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