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Establishment—recurrent expenditure (interest payments)

Metadata item type:Help on this termData Element Concept
METeOR identifier:Help on this term269653
Registration status:Help on this termHealth, Standard 01/03/2005
ACT Health, Final 17/08/2018
Definition:Help on this termPayments made by or on behalf of the establishment in respect of borrowings (e.g. interest on bank overdraft) provided the establishment is permitted to borrow. This does not include the cost of equity capital (i.e. dividends on shares) in respect of profit-making private establishments.
Context:Help on this term

Health expenditure:

This metadata item has been retained in the data set because of its significance for the private sector. Private profit-making establishments will seek to fund their operations either by loan borrowings (debt capital) or raising shares (equity capital). The cost of either can be significant, although the cost of the latter (that is, dividends on shares) would come out of profits.

Object Class attributes

Identifying and definitional attributes

Object class:Establishment
Definition:Help on this termInstitutions, 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:Help on this termOrganisation

Source and reference attributes

Origin:Help on this termNational Health Data Committee

Property attributes

Identifying and definitional attributes

Property:Recurrent expenditure
Definition:Help on this termExpenditure which does not result in the acquisition or enhancement of an asset.
Property group:Help on this termFinancial characteristics

Collection and usage attributes

Guide for use:Help on this term

National Housing Assistance Data Dictionary specific:

Recurrent expenditure on goods and services is expenditure, which does not result in the creation or acquisition of fixed assets (new or second-hand). It consists mainly of expenditure on wages, salaries and supplements, purchases of goods and services and consumption of fixed capital (depreciation).

When fees charged for goods and services are offset against recurrent expenditure, the result equates to final consumption expenditure in the Australian Bureau of Statistics' national accounts framework.

Includes:

  • Operating expenses
  • Tenancy manager revenue and expense components.

Source and reference attributes

Submitting organisation:Help on this termAustralian Institute of Health and Welfare
Reference documents:Help on this termAustralian Bureau of Statistics: Government Finance Statistics 1998, Cat. No. 5514.0

Data element concept attributes

Relational attributes

Data Elements implementing this Data Element Concept:Help on this term

Establishment—recurrent expenditure (interest payments) (financial year), total Australian currency N[N(8)] Health, Superseded 16/01/2020
ACT Health, Final 17/08/2018

Establishment—recurrent expenditure (interest payments) (financial year), total Australian currency N[N(8)] Health, Standard 16/01/2020

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