Commonwealth of Australia
CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 J UNE 2016
CIRCULATED BY
Senator the honourable mathias cormann
MINISTER FOR FINANCE
of the commonwealth of australia
DECEMBER 2016
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© Commonwealth of Australia 2016
ISSN 2205-9008 (print)
2205-9016 (online)
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Consolidated financial statements for year ended 30 June 2015
Contents
Preface...... 1
Commentary on the financial statements...... 3
Introduction...... 5
Discussion and analysis...... 8
Consolidated Financial Statements, including the Australian Government (Whole of Government) and General Government Sector Financial Reports 23
Independent audit report...... 25
Statement of compliance...... 27
Australian Government operating statement...... 29
Australian Government balance sheet...... 31
Australian Government cash flow statement...... 32
Australian Government statement of changes in equity (net worth)...... 33
Sector statements...... 35
Australian Government operating statement by sector –
including General Government Sector Financial Report...... 37
Australian Government balance sheet by sector –
including General Government Sector Financial Report...... 39
Australian Government cash flow statement by sector –
including General Government Sector Financial Report...... 42
General Government Sector statement of changes in equity (net worth) ...... 44
Notes to the financial statements...... 45
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Consolidated financial statements for year ended 30 June 2015
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