Metadata item type: | Data Element Concept |
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| METEOR identifier: | 269721 |
| Registration status: |
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| Definition: | Depreciation represents the expensing of a long-term asset over its useful life and is related to the basic accounting principle of matching revenue and expenses for the financial period. Depreciation charges for the current financial year only should be shown as expenditure. Where intangible assets are amortised (such as with some private hospitals) this should also be included in recurrent expenditure. |
| Context: | Health expenditure: This metadata item has been retained for national minimum data sets because of its significance for the private sector. Current period depreciation charges form a significant component of expenditure for any health establishment whose financial statements are based on accrual accounting. |
Establishment—recurrent expenditure (depreciation)
Object Class attributes
Identifying and definitional attributes
| Object class: | Establishment |
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| Definition: | Institutions, organisations or the community from which health services are provided. The term establishment covers conventional health establishments and also organisations which may provide services in the community. |
| Specialisation of: | Organisation |
Source and reference attributes | |
| Origin: | National Health Data Committee |
Property attributes
Identifying and definitional attributes
| Property: | Recurrent expenditure |
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| Definition: | Expenditure which does not result in the acquisition or enhancement of an asset. |
| Property group: | Financial characteristics |
Source and reference attributes
| Submitting organisation: | Australian Institute of Health and Welfare |
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| Reference documents: | Australian Bureau of Statistics: Government Finance Statistics 1998, Cat. No. 5514.0 |
Data element concept attributes
Relational attributes
| Data Elements implementing this Data Element Concept: | Establishment—recurrent expenditure (depreciation) (financial year), total Australian currency N[N(8)]
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