Examples of PNFC in a sentence
Question 33 (DTF only) Impact on PNFC net result of variances in economic variablesThis question does not apply to your agency.
Total spending may not equal the total of general government and PNFC expenditure due to intra-sector purchases.
In the first instance, QE increases reduced the amount of gilts in circulation, increased the amount of reserves in the banking system and increased the deposit holdings of OFCs with banks.Over time QE may also lead to the creation of household and PNFC deposits, but the proximate and largest impact on banks’ liabilities is to OFC deposits, as discussed in Bridges and Thomas (2012) and Butt, Domit, McLeay, Thomas, and Kirkham (2012).
This information is provided because there are differences between general government activities and those of the public sector entities in the PNFC and the PFC sectors.
Numbers may not add due to rounding and have been restated where necessary to ensure comparability.(b) The Non-financial Public Sector (NFP) consolidates the GGS and PNFC Sectors, eliminating inter-sector balances and transactions such as dividend and income tax equivalent income.
Question 23 (PNFC and PFC entities only) Dividends and other amounts paid to the general government sectorThis question does not apply to your agency.
Published budgets are available in the annual report format in the BP4 for General Government (GG) entities only and not for the PNFC.
This differs from the ABS GFS definition of net financial worth for the PNFC and PFC sectors, defined as financial assets, less liabilities, less shares and other contributed capital.
Spending excludes capital expenditure by public financial corporations.Chapters 5 and 6 of this Infrastructure Statement list major capital projects and minor works for general government and PNFC sector agencies.
This differs from the ABS GFS definition for the PNFC and PFC sectors where net worth is defined as assets less liabilities less shares and other contributed capital.