Australian Government, 2012‑13 Budget
Budget

Statement 6: Expenses and Net Capital Investment (Continued)

Appendix C: Additional Agency Statistics (Continued)

Table C3: Net capital investment by agency

Table C3: Net capital investment by agency

Table C3: Net capital investment by agency (continued)

Table C3: Net capital investment by agency

Table C3: Net capital investment by agency (continued)

Table C3: Net capital investment by agency

(a) Estimates of inter‑agency transactions are included in the whole of government and inter‑agency amounts. The entry for each portfolio does not include eliminations for inter‑agency transactions within that portfolio.

(b) Agency estimates are reported on an AEIFRS basis. AEIFRS movements in non‑financial assets considered other economic flows include net write‑down and impairment of non‑financial assets, assets recognised for the first time and prepayments. They also include Contingency Reserve movements in non‑financial assets.

Table C4: Capital appropriations by portfolio

Table C4: Capital appropriations by portfolio

Table C4: Capital appropriations by portfolio (continued)

Table C4: Capital appropriations by portfolio

Table C4: Capital appropriations by portfolio (continued)

Table C4: Capital appropriations by portfolio

(a) Sharp rises in capital appropriations are due to capital injections for the National Broadband Network.

(b) The AOFM manages the overall level of cash in the OPA. It makes short‑term borrowings by issuing Treasury Notes and invests in short‑term deposits and securities to manage daily variations in the OPA balance. The capital appropriations include this short‑term investment and borrowing activity to manage the estimated within‑year profile of the OPA balance. As the within‑year profile of the OPA balance may differ from one year to the next, so in consequence will be the number, size and timing of short term investment and borrowing activity.

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