Financial performance of government business enterprises in the transport and communications portfolio 1977-78 to 1988-89

This paper examines the financial performance of the government business enterprises (GBEs) in the Transport and Communications portfolio: Qantas, Australian Airlines, the Civil Aviation Authority (CAA), the Federal Airports Corporation (FAC), ANL Limited (previously the Australian Shipping Commission), the Australian National Railways Commission (AN), Telecom, Australia Post, OTC (OTC Limited, previously the Overseas Telecommunications Commission) and AUSSAT Pty Limited. Aspects of the history and development of the GBEs relevant to their financial performance are described, and time series of the major accounting parameters are provided, together with an analysis of the major financial aggregates and ratios. For the most part, the financial performance is reviewed using conventional accounting data from published annual reports. Some estimates of performance in real terms, where allowance is made for the effects of inflation, have also been discussed. On the basis of both conventional accounting data and data in real terms, but without any allowance for the costs of any community service obligations (CSOs), the financial performance of the GBEs has been, generally speaking, below private sector performance over the period studied. OTC, and latterly Telecom, are exceptions. Initial results for FAC and CAA at least equal those of the private sector. If the costs of CSOs were taken into account for Australia Post, it too could have achieved returns comparable with the private sector average.

  • Availability:
  • Corporate Authors:

    Australia. Bureau of Transport and Communications Economics (BTCE)

  • Publication Date: 1990


  • English

Media Info

  • Pagination: 111p
  • Serial:
    • Issue Number: 35

Subject/Index Terms

Filing Info

  • Accession Number: 01433155
  • Record Type: Publication
  • Source Agency: ARRB
  • ISBN: 644128410
  • Files: ATRI
  • Created Date: Aug 24 2012 5:27PM