Australian Government, 2007–08 Budget

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.

Table C1: Australian Government general government sector income statement

Table C1: Australian Government general government sector income statement

Table C2: Australian Government general government sector balance sheet

Table C2: Australian Government general government sector balance sheet

Table C3: Australian Government general government sector statement of changes in equity

Table C3: Australian Government general government sector statement of changes in equity

Table C3: Australian Government general government sector statement of changes in equity (continued)

Table C3: Australian Government general government sector statement of changes in equity (continued)

Table C4: Australian Government general government sector cash flow statement

Table C4: Australian Government general government sector cash flow statement