{"id":82,"date":"2020-07-05T05:01:41","date_gmt":"2020-07-05T05:01:41","guid":{"rendered":"https:\/\/hmgplc.co.uk\/?page_id=82"},"modified":"2020-10-31T18:19:59","modified_gmt":"2020-10-31T18:19:59","slug":"10-year-revenue-expenditure","status":"publish","type":"page","link":"https:\/\/hmgplc.co.uk\/?page_id=82","title":{"rendered":"10 year summary"},"content":{"rendered":"
<\/div>

<\/span>Statement of Revenue and Expenditure<\/span><\/strong><\/span><\/p>\n

for the 10 years ended 31 March 2019<\/span><\/p>\n

\n\n\n\n\t\n\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t
<\/td>Note<\/th>2018 - 19 \u00a3 bln<\/th>2017 - 18 \u00a3 bln<\/th>2016 - 17 \u00a3 bln<\/th>2015 - 16 \u00a3 bln<\/th>2014 - 15 \u00a3 bln<\/th>2013 - 14 \u00a3 bln<\/th>2012 - 13 \u00a3 bln<\/th>2011 - 12 \u00a3 bln<\/th>2010 - 11 \u00a3 bln<\/th>2009 - 10 \u00a3 bln<\/th>\n<\/tr>\n<\/thead>\n
Taxation revenue from direct taxes<\/td>4<\/td>(685.7)<\/td>(661.6)<\/td>(628.1)<\/td>(592.6)<\/td>(312.8)<\/td>(308.9)<\/td>(289.1)<\/td>(291.4)<\/td>(296.4)<\/td>(285.2)<\/td>\n<\/tr>\n
Taxation revenue from indirect taxes<\/td><\/td><\/td>-<\/td>-<\/td>-<\/td>(200.0)<\/td>(194.1)<\/td>(179.4)<\/td>(177.5)<\/td>(165.2)<\/td>(148.0)<\/td>\n<\/tr>\n
Taxation revenue from local taxes<\/td><\/td><\/td>-<\/td>-<\/td>-<\/td>(53.9)<\/td>(52.8)<\/td>(55.9)<\/td>(54.8)<\/td>(53.8)<\/td>(52.1)<\/td>\n<\/tr>\n
Revenue from sales of goods and services<\/td><\/td><\/td>-<\/td>-<\/td>-<\/td>(33.4)<\/td>(39.0)<\/td>(42.7)<\/td>(41.8)<\/td>(49.8)<\/td>(51.0)<\/td>\n<\/tr>\n
Other revenue<\/td>5<\/td>(109.9)<\/td>(99.3)<\/td>(92.7)<\/td>(101.3)<\/td>(59.2)<\/td>(58.1)<\/td>(53.6)<\/td>(51.1)<\/td>(48.8)<\/td>(47.1)<\/td>\n<\/tr>\n
Total public services revenue<\/td><\/td>(795.6)<\/td>(760.9)<\/td>(720.8)<\/td>(693.9)<\/td>(659.3)<\/td>(652.9)<\/td>(620.7)<\/td>(616.6)<\/td>(614.0)<\/td>(583.4)<\/td>\n<\/tr>\n
Social security benefits<\/td>6<\/td>230.3<\/td>225.9<\/td>223.7<\/td>222.5<\/td>217.7<\/td>213.4<\/td>215.0<\/td>209.7<\/td>204.0<\/td>197.1<\/td>\n<\/tr>\n
Staff costs<\/td>7<\/td>255.7<\/td>215.8<\/td>191.1<\/td>193.3<\/td>193.8<\/td>187.8<\/td>183.3<\/td>183.2<\/td>193.1<\/td>179.7<\/td>\n<\/tr>\n
Pension past service costs and indexation adjustment<\/td><\/td><\/td>-<\/td>-<\/td>-<\/td>-<\/td>-<\/td>0.3<\/td>1.0<\/td>(126.0)<\/td>0.7<\/td>\n<\/tr>\n
Purchase of goods, services and other expenditure<\/td>8<\/td>206.5<\/td>212.2<\/td>194.8<\/td>192.1<\/td>191.7<\/td>190.6<\/td>163.0<\/td>153.8<\/td>159.2<\/td>160.9<\/td>\n<\/tr>\n
Grants and subsidies<\/td>9<\/td>58.8<\/td>51.2<\/td>53.6<\/td>54.1<\/td>57.4<\/td>56.0<\/td>56.3<\/td>61.6<\/td>68.4<\/td>66.2<\/td>\n<\/tr>\n
Depreciation and impairment<\/td>10<\/td>47.9<\/td>57.7<\/td>47.1<\/td>42.7<\/td>45.4<\/td>51.1<\/td>51.1<\/td>64.4<\/td>80.4<\/td>51.6<\/td>\n<\/tr>\n
Interest costs on government borrowing<\/td>11<\/td>31.6<\/td>36.8<\/td>31.8<\/td>28.3<\/td>-<\/td>-<\/td>19.3<\/td>24.0<\/td>18.3<\/td>(17.0)<\/td>\n<\/tr>\n
Increase in provisions<\/td>22<\/td>21.0<\/td>15.2<\/td>18.6<\/td>9.2<\/td>27.9<\/td>19.5<\/td>29.0<\/td>17.4<\/td>27.5<\/td>28.0<\/td>\n<\/tr>\n
Total expenditure on public services<\/td><\/td>851.8<\/td>814.8<\/td>760.7<\/td>742.2<\/td>733.9<\/td>718.4<\/td>717.3<\/td>715.1<\/td>624.9<\/td>667.2<\/td>\n<\/tr>\n
Net expenditure before financing costs<\/td><\/td>56.2<\/td>53.9<\/td>39.9<\/td>48.3<\/td>74.6<\/td>65.5<\/td>96.6<\/td>98.5<\/td>10.9<\/td>83.8<\/td>\n<\/tr>\n
Investment revenue<\/td><\/td><\/td>-<\/td>-<\/td>-<\/td>(7.2)<\/td>(7.5)<\/td>(4.8)<\/td>(5.2)<\/td>(5.1)<\/td>(4.4)<\/td>\n<\/tr>\n
Financing costs of long-term liabilities, including discounting<\/td>11<\/td>(56.6)<\/td>153.7<\/td>68.3<\/td>187.4<\/td>34.2<\/td>38.3<\/td>36.3<\/td>42.3<\/td>40.5<\/td>33.1<\/td>\n<\/tr>\n
Net interest on pension scheme liabilities<\/td><\/td><\/td>-<\/td>-<\/td>-<\/td>56.6<\/td>49.1<\/td>59.0<\/td>64.8<\/td>60.8<\/td>58.9<\/td>\n<\/tr>\n
Expected return on funding pension schemes\u2019 assets<\/td><\/td><\/td>-<\/td>-<\/td>-<\/td>-<\/td>-<\/td>(11.1)<\/td>(13.8)<\/td>(13.0)<\/td>(9.0)<\/td>\n<\/tr>\n
Net financing costs<\/td><\/td><\/td>207.6<\/td>108.2<\/td>235.7<\/td>83.6<\/td>79.9<\/td>79.4<\/td>88.1<\/td>83.2<\/td>78.6<\/td>\n<\/tr>\n
Revaluation of financial assets and liabilities<\/td><\/td>(1.1)<\/td>4.8<\/td>(10.4)<\/td>8.1<\/td>(4.5)<\/td>4.6<\/td>(0.6)<\/td>(1.6)<\/td>(3.3)<\/td>(0.9)<\/td>\n<\/tr>\n
Net (profit)\/loss on disposal of assets<\/td><\/td><\/td>-<\/td>-<\/td>-<\/td>(1.7)<\/td>(4.3)<\/td>3.3<\/td>0.3<\/td>3.6<\/td>1.2<\/td>\n<\/tr>\n
Net expenditure for the year<\/td><\/td>(1.5)<\/td>212.4<\/td>97.8<\/td>243.8<\/td>152.0<\/td>145.7<\/td>178.7<\/td>185.3<\/td>94.4<\/td>162.7<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<\/div><\/div><\/div><\/div>
<\/div>

<\/span>References<\/strong><\/h3>\n

 <\/p>\n

Whole of Government Financial Statements 31 March 2020 (not yet available)<\/p>\n

Whole of Government Financial Statements 31 March 2019<\/a>\u00a0 \u00a0page 77<\/p>\n

Whole of Government Financial Statements 31 March 2018<\/a>\u00a0 page 95<\/p>\n

Whole of Government Financial Statements 31 March 2017<\/a>\u00a0 page 73<\/p>\n

Whole of Government Financial Statements 31 March 2016<\/a> page 49<\/p>\n

`Whole of Government Financial Statements 31 March 2015<\/a> page 35<\/p>\n

\u00a0Whole of Government Financial Statements 31 March 2014<\/a> page 51<\/p>\n

Whole of Government Financial Statements 31 March 2013<\/a> page 49<\/p>\n

Whole of Government Financial Statements 31 March 2012<\/a> page 37<\/p>\n

Whole of Government Financial Statements 31 March 2011<\/a> page 91<\/p>\n

Whole of Government Financial Statements 31 March 2010<\/a> page 71<\/p>\n<\/div><\/div><\/div><\/div>

<\/div><\/div><\/div>
\n
\n\t<\/div>\n<\/div><\/div><\/div><\/div><\/div><\/div>
<\/div>

Statement of Comprehensive Income and Expenditure<\/span><\/strong><\/p>\n

for the 10 years ended 31 March 2019<\/span><\/p>\n

\n\n\n\n\t\n\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t
<\/td>Note<\/th>2018 - 19 \u00a3 bln<\/th>2017 - 18 \u00a3 bln<\/th>2016 - 17 \u00a3 bln<\/th>2015 - 16 \u00a3 bln<\/th>2014 - 15 \u00a3 bln<\/th>2013 - 14 \u00a3 bln<\/th>2012 - 13 \u00a3 bln<\/th>2011 - 12 \u00a3 bln<\/th>2010 - 11 \u00a3 bln<\/th>2009 - 10 \u00a3 bln<\/th>\n<\/tr>\n<\/thead>\n
Net expenditure for the year<\/td><\/td>(1.5)<\/td>212.4<\/td>97.8<\/td>243.8<\/td>152.0<\/td>145.7<\/td>178.7<\/td>185.3<\/td>94.4<\/td>162.7<\/td>\n<\/tr>\n
Other comprehensive income and expenditure:<\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td>\n<\/tr>\n
Net (gain)\/loss on:<\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td>\n<\/tr>\n
Revaluation of property, plant and equipment<\/td><\/td>(49.8)<\/td>(37.4)<\/td>(37.7)<\/td>(31.0)<\/td>(22.2)<\/td>(13.0)<\/td>(7.1)<\/td>(19.8)<\/td>(21.2)<\/td>(7.0)<\/td>\n<\/tr>\n
Revaluation of intangible assets<\/td><\/td>(0.1)<\/td>(0.7)<\/td>(1.3)<\/td>(0.3)<\/td>(0.6)<\/td>2.2<\/td><\/td><\/td><\/td><\/td>\n<\/tr>\n
Revaluation of other assets<\/td><\/td>3.3<\/td>(1.0)<\/td>(1.4)<\/td>0.4<\/td>(3.9)<\/td>(8.7)<\/td>(5.6)<\/td>2.5<\/td>2.1<\/td>(11.3)<\/td>\n<\/tr>\n
Revaluation of pension scheme liabilities<\/td><\/td>(71.1)<\/td>(38.6)<\/td>361.4<\/td>(123.0)<\/td>134.7<\/td>83.5<\/td>97.4<\/td>(1.4)<\/td>(99.9)<\/td>286.8<\/td>\n<\/tr>\n
Other comprehensive income and expenditure<\/td><\/td>(117.7)<\/td>(77.7)<\/td>321.0<\/td>(153.9)<\/td>108.0<\/td>64.0<\/td>84.7<\/td>(18.7)<\/td>(119.0)<\/td>268.5<\/td>\n<\/tr>\n
Total comprehensive expenditure for the year<\/td><\/td>(119.2)<\/td>134.7<\/td>418.8<\/td>89.9<\/td>260.0<\/td>209.7<\/td>263.4<\/td>166.6<\/td>(24.6)<\/td>431.2<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n

Statement of Changes in Taxpayers' Equity<\/span><\/strong><\/p>\n

for the 10 years ended 31 March 2019<\/span><\/p>\n

\n\n\n\n\t\n\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t
<\/td>Note<\/th>2018-19
\n\u00a3bn <\/th>		2017-18
\n\u00a3bn (restated) <\/th>		2016-17 \u00a3bn
\n(restated)<\/th>		2015-16
\n\u00a3bn <\/th>		2014-15
\n\u00a3bn (restated)<\/th>		2013-14
\n\u00a3bn (restated)<\/th>		2012-13
\n\u00a3bn <\/th>		2011-12
\n\u00a3bn <\/th>		2010-11
\n\u00a3bn <\/th>		2009-10
\n\u00a3bn <\/th>\n<\/tr>\n<\/thead>\n
Balance at 1 April<\/td><\/td>(2565.2)<\/td>(2420.7)<\/td>(1986.0)<\/td>(1875.2)<\/td>(1840.6)<\/td>(1627.9)<\/td>(1346.9)<\/td>(1185.7)<\/td>(1227.9)<\/td>(781.3)<\/td>\n<\/tr>\n
Net expenditure for the year ended 31 March<\/td><\/td>1.5<\/td>(212.4)<\/td>(97.8)<\/td>(243.8)<\/td>(152.0)<\/td>(148.6)<\/td>(178.7)<\/td>(185.3)<\/td>(94.4)<\/td>(164.5)<\/td>\n<\/tr>\n
Net gain\/(loss) on:<\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td>\n<\/tr>\n
Revaluation of property, plant and equipment<\/td><\/td>49.8<\/td>37.4<\/td>37.7<\/td>31.0<\/td>22.2<\/td>10.8<\/td>7.1<\/td>19.8<\/td>21.2<\/td>7.0<\/td>\n<\/tr>\n
Revaluation of intangible assets<\/td><\/td>0.1<\/td>0.7<\/td>1.3<\/td>0.3<\/td>0.6<\/td>-<\/td>-<\/td>-<\/td>-<\/td>-<\/td>\n<\/tr>\n
Revaluation of other assets<\/td><\/td>(3.3)<\/td>1.0<\/td>1.4<\/td>(0.4)<\/td>3.9<\/td>8.7<\/td>5.6<\/td>(2.5)<\/td>(2.1)<\/td>11.3<\/td>\n<\/tr>\n
Revaluation of pension scheme liabilities<\/td><\/td>71.1<\/td>38.6<\/td>(361.4)<\/td>123.0<\/td>(134.7)<\/td>(83.5)<\/td>(97.4)<\/td>1.4<\/td>99.9<\/td>(286.8)<\/td>\n<\/tr>\n
Receipt of donated\/government granted assets<\/td><\/td><\/td>-<\/td>-<\/td>-<\/td>-<\/td>(1.8)<\/td>-<\/td>(0.1)<\/td>0.9<\/td>1.4<\/td>\n<\/tr>\n
Other reserves movements including transfers<\/td><\/td>(9.8)<\/td>(10.0)<\/td>(15.9)<\/td>(20.9)<\/td>(2.6)<\/td>(9.5)<\/td>(19.3)<\/td>5.4<\/td>9.0<\/td>1.1<\/td>\n<\/tr>\n
Balance at 31 March<\/td><\/td>(2455.8)<\/td>(2565.4)<\/td>(2420.7)<\/td>(1986.0)<\/td>(2103.2)<\/td>(1851.8)<\/td>(1629.6)<\/td>(1347.0)<\/td>(1193.4)<\/td>(1211.8)<\/td>\n<\/tr>\n
Restatements<\/td><\/td><\/td>0.2<\/td>-<\/td>-<\/td>228.0<\/td>11.2<\/td>1.7<\/td>0.1<\/td>7.7<\/td>(16.1)<\/td>\n<\/tr>\n
Balance at 1 April<\/td><\/td><\/td>(2565.2)<\/td>(2420.7)<\/td>(1986.0)<\/td>(1875.2)<\/td>(1840.6)<\/td>(1627.9)<\/td>(1346.9)<\/td>(1185.7)<\/td>(1227.9)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n<\/div><\/div><\/div><\/div>
<\/div>
<\/div>
<\/div><\/div><\/div>
\n
\n\t<\/div>\n<\/div><\/div><\/div><\/div><\/div><\/div>
<\/div>

<\/span>Statement of Financial Position\u00a0 (Part 1)<\/span><\/strong><\/span><\/p>\n

for the 10 years ended 31 March 2019<\/span><\/p>\n

<\/span>
\n\n\n\n\n\t\n\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t
<\/td>Note<\/th>2018-19
\n\u00a3bn <\/th>		2017-18 \u00a3bn
\n(restated)<\/th>		2016-17 \u00a3bn
\n(restated)<\/th>		2015-16
\n\u00a3bn <\/th>		2014-15
\n\u00a3bn (restated)<\/th>		2013-14
\n\u00a3bn (restated)<\/th>		2012-13
\n\u00a3bn <\/th>		2011-12
\n\u00a3bn <\/th>		2010-11
\n\u00a3bn <\/th>		2009-10
\n\u00a3bn <\/th>\n<\/tr>\n<\/thead>\n
Non-current assets<\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td>\n<\/tr>\n
Property, plant and equipment<\/td>12<\/td>1268.0<\/td>1208.4<\/td>1167.6<\/td>1120.2<\/td>1075.8<\/td>812.3<\/td>746.8<\/td>744.5<\/td>714.0<\/td>712.8<\/td>\n<\/tr>\n
Investment property<\/td>13<\/td>22.9<\/td>20.0<\/td>18.2<\/td>15.8<\/td>14.9<\/td>13.9<\/td>12.4<\/td>12.6<\/td>12.4<\/td>12.0<\/td>\n<\/tr>\n
Intangible assets<\/td>14<\/td>37.4<\/td>36.0<\/td>34.5<\/td>33.0<\/td>32.4<\/td>31.9<\/td>34.5<\/td>35.2<\/td>34.8<\/td>36.3<\/td>\n<\/tr>\n
Trade and other receivables<\/td>15<\/td>17.9<\/td>19.1<\/td>15.2<\/td>14.4<\/td>12.7<\/td>17.7<\/td>16.6<\/td>15.9<\/td>15.1<\/td>14.4<\/td>\n<\/tr>\n
Equity investment in the public sector banks<\/td><\/td><\/td>-<\/td>-<\/td>-<\/td>-<\/td>43.0<\/td>40.0<\/td>40.8<\/td>59.5<\/td>61.1<\/td>\n<\/tr>\n
Other financial assets<\/td>16<\/td>320.6<\/td>323.3<\/td>260.8<\/td>208.8<\/td>216.6<\/td>164.6<\/td>158.6<\/td>125.0<\/td>120.4<\/td>119.2<\/td>\n<\/tr>\n
Total non-current assets<\/td><\/td>1666.8<\/td>1606.8<\/td>1496.3<\/td>1392.2<\/td>1352.4<\/td>1083.4<\/td>1008.9<\/td>974.0<\/td>956.2<\/td>955.8<\/td>\n<\/tr>\n
Current assets<\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td>\n<\/tr>\n
Inventories<\/td>17<\/td>9.7<\/td>9.9<\/td>9.2<\/td>9.6<\/td>11.3<\/td>11.8<\/td>12.1<\/td>11.4<\/td>12.0<\/td>12.0<\/td>\n<\/tr>\n
Trade and other receivables<\/td>15<\/td>172.4<\/td>160.8<\/td>158.0<\/td>140.3<\/td>133.2<\/td>131.9<\/td>122.3<\/td>126.0<\/td>130.0<\/td>125.0<\/td>\n<\/tr>\n
Other financial assets<\/td>16<\/td>194.3<\/td>184.3<\/td>198.1<\/td>164.2<\/td>148.9<\/td>26.9<\/td>117.6<\/td>125.5<\/td>102.7<\/td>128.0<\/td>\n<\/tr>\n
Cash and cash equivalents<\/td>18<\/td>44.2<\/td>34.3<\/td>28.3<\/td>25.8<\/td>26.8<\/td>7.7<\/td>24.5<\/td>21.2<\/td>22.5<\/td>19.7<\/td>\n<\/tr>\n
Gold holdings<\/td><\/td>9.9<\/td>9.4<\/td>9.9<\/td>8.6<\/td>8.0<\/td>1.7<\/td>10.5<\/td>10.4<\/td>9.0<\/td>7.3<\/td>\n<\/tr>\n
Assets held for sale<\/td><\/td>1.5<\/td>8.3<\/td>3.2<\/td>1.7<\/td>2.7<\/td>151.5<\/td>1.6<\/td>2.1<\/td>1.9<\/td>1.7<\/td>\n<\/tr>\n
Total current assets<\/td><\/td>432.0<\/td>407.0<\/td>406.7<\/td>350.2<\/td>330.9<\/td>331.5<\/td>288.6<\/td>296.6<\/td>278.1<\/td>293.7<\/td>\n<\/tr>\n
Total assets<\/td><\/td>2098.8<\/td>2013.8<\/td>1903.0<\/td>1742.4<\/td>1683.3<\/td>1414.9<\/td>1297.5<\/td>1270.6<\/td>1234.3<\/td>1249.5<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
\n<\/span><\/p>\n<\/div><\/div><\/div><\/div>
<\/div>
<\/div>
<\/div><\/div><\/div>
\n
\n\t<\/div>\n<\/div><\/div><\/div><\/div><\/div><\/div>
<\/div>

Statement of Financial Position (continued)<\/span><\/strong><\/span><\/p>\n

for the 10 years ended 31 March 2019<\/span><\/p>\n

\n\n\n\n\t\n\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t
<\/td>Note<\/th>2018-19 \u00a3bn<\/th>2017-18 \u00a3bn
\n(restated)<\/th>		2016-17 \u00a3bn
\n(restated)<\/th>		2015-16
\n\u00a3bn <\/th>		2014-15
\n\u00a3bn (restated)<\/th>		2013-14
\n\u00a3bn (restated)<\/th>		2012-13
\n\u00a3bn <\/th>		2011-12
\n\u00a3bn <\/th>		2010-11
\n\u00a3bn <\/th>		2009-10
\n\u00a3bn <\/th>\n<\/tr>\n<\/thead>\n
Total current assets<\/td><\/td>432.0<\/td>407.0<\/td>406.7<\/td>350.2<\/td>330.9<\/td>331.5<\/td>288.6<\/td>296.6<\/td>278.1<\/td>293.7<\/td>\n<\/tr>\n
Total assets<\/td><\/td>2098.8<\/td>2013.8<\/td>1903.0<\/td>1742.4<\/td>1683.3<\/td>1414.9<\/td>1297.5<\/td>1270.6<\/td>1234.3<\/td>1249.5<\/td>\n<\/tr>\n
Current liabilities<\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td>\n<\/tr>\n
Trade and other payables<\/td>19<\/td>(133.3)<\/td>(126.8)<\/td>(122.5)<\/td>(114.7)<\/td>(108.8)<\/td>(107.0)<\/td>(98.3)<\/td>(103.7)<\/td>(98.6)<\/td>(103.1)<\/td>\n<\/tr>\n
Government borrowings<\/td>20<\/td>(307.2)<\/td>(275.6)<\/td>(275.5)<\/td>(274.2)<\/td>(235.2)<\/td>(212.4)<\/td>(214.3)<\/td>(224.2)<\/td>(217.0)<\/td>(200.9)<\/td>\n<\/tr>\n
Other financial liabilities<\/td>21<\/td>(652.1)<\/td>(654.0)<\/td>(584.9)<\/td>(452.5)<\/td>(444.2)<\/td>(17.1)<\/td>(408.4)<\/td>(13.6)<\/td>(11.6)<\/td>(15.7)<\/td>\n<\/tr>\n
Provisions<\/td>22<\/td>(17.7)<\/td>(16.4)<\/td>(15.6)<\/td>(14.7)<\/td>(14.9)<\/td>(432.8)<\/td>(13.4)<\/td>(341.1)<\/td>(259.4)<\/td>(270.1)<\/td>\n<\/tr>\n
Total current liabilities<\/td><\/td>(1110.3)<\/td>(1072.8)<\/td>(998.5)<\/td>(856.1)<\/td>(803.1)<\/td>(769.3)<\/td>(734.4)<\/td>(682.6)<\/td>(586.6)<\/td>(589.8)<\/td>\n<\/tr>\n
Net current liabilities<\/td><\/td>(678.3)<\/td>(665.8)<\/td>(591.8)<\/td>(505.9)<\/td>(472.2)<\/td>(437.8)<\/td>(445.8)<\/td>(386.0)<\/td>(308.5)<\/td>(296.1)<\/td>\n<\/tr>\n
Total assets less current liabilities<\/td><\/td>1420.5<\/td>941.0<\/td>904.5<\/td>886.3<\/td>880.2<\/td>645.6<\/td>563.1<\/td>588.0<\/td>647.7<\/td>659.7<\/td>\n<\/tr>\n
Non-current liabilities<\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td>\n<\/tr>\n
Trade and other payables<\/td>19<\/td>(58.6)<\/td>(64.4)<\/td>(63.1)<\/td>(65.5)<\/td>(64.1)<\/td>(66.0)<\/td>(55.2)<\/td>(55.2)<\/td>(49.8)<\/td>(74.0)<\/td>\n<\/tr>\n
Government borrowings<\/td>20<\/td>(1100.0)<\/td>(1071.8)<\/td>(1013.5)<\/td>(986.4)<\/td>(939.3)<\/td>(883.7)<\/td>(781.9)<\/td>(741.3)<\/td>(691.2)<\/td>(580.9)<\/td>\n<\/tr>\n
Other financial liabilities<\/td>21<\/td>(98.1)<\/td>(98.8)<\/td>(107.3)<\/td>(104.9)<\/td>(98.3)<\/td>(137.5)<\/td>(117.6)<\/td>(99.4)<\/td>(95.4)<\/td>(86.5)<\/td>\n<\/tr>\n
Provisions<\/td>22<\/td>(293.7)<\/td>(406.1)<\/td>(306.6)<\/td>(290.8)<\/td>(160.4)<\/td>(1303.1)<\/td>(1171.9)<\/td>(1005.8)<\/td>(961.0)<\/td>(1134.7)<\/td>\n<\/tr>\n
Net public sector pension liability<\/td>24<\/td>(1893.9)<\/td>(1865.3)<\/td>(1834.7)<\/td>(1424.7)<\/td>(1493.3)<\/td>(95.9)<\/td>(64.4)<\/td>(33.2)<\/td>(36.0)<\/td>(11.5)<\/td>\n<\/tr>\n
Total non-current liabilities<\/td><\/td>(3444.3)<\/td>(3506.4)<\/td>(3325.2)<\/td>(2872.3)<\/td>(2755.4)<\/td>(2486.2)<\/td>(2191.0)<\/td>(1934.9)<\/td>(1833.4)<\/td>(1887.6)<\/td>\n<\/tr>\n
Total liabilities<\/td><\/td>(4554.6)<\/td>(4579.2)<\/td>(4323.7)<\/td>(3728.4)<\/td>(3558.5)<\/td>(3255.5)<\/td>(2925.4)<\/td>(2617.5)<\/td>(2420.0)<\/td>(2477.4)<\/td>\n<\/tr>\n
Net liabilities<\/td><\/td>(2455.8)<\/td>(2565.4)<\/td>(2420.7)<\/td>(1986.0)<\/td>(1875.2)<\/td>(1840.6)<\/td>(1627.9)<\/td>(1346.9)<\/td>(1185.7)<\/td>(1227.9)<\/td>\n<\/tr>\n
Financed by taxpayers\u2019 equity:<\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td>\n<\/tr>\n
General reserve<\/td><\/td>(3018.6)<\/td>(3131.5)<\/td>(2948.1)<\/td>(2504.4)<\/td>(2379.7)<\/td>2099.7<\/td>1876.6<\/td>1588.9<\/td>1422.7<\/td>1426.9<\/td>\n<\/tr>\n
Revaluation reserve<\/td><\/td>558.6<\/td>562.0<\/td>482.4<\/td>514.5<\/td>501.0<\/td>(255.9)<\/td>(245.0)<\/td>(238.8)<\/td>(231.4)<\/td>(214.9)<\/td>\n<\/tr>\n
Other reserves<\/td><\/td>4.2<\/td>4.1<\/td>45.0<\/td>3.9<\/td>3.5<\/td>(3.2)<\/td>(3.7)<\/td>(3.2)<\/td>(5.6)<\/td>15.9<\/td>\n<\/tr>\n
Total liabilities to be funded by future revenues<\/td><\/td>(2455.8)<\/td>(2565.4)<\/td>(2420.7)<\/td>(1986.0)<\/td>(1875.2)<\/td>(1840.6)<\/td>(1627.9)<\/td>(1346.9)<\/td>(1185.7)<\/td>(1227.9)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/span><\/p>\n

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\n\t<\/div>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"

Statement of Revenue and Expenditure for the 10 years ended 31 March 2019 References   Whole of Government Financial Statements 31 March […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-templates\/page_front-page.php","meta":{"nf_dc_page":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"class_list":["post-82","page","type-page","status-publish","hentry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/hmgplc.co.uk\/index.php?rest_route=\/wp\/v2\/pages\/82","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hmgplc.co.uk\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/hmgplc.co.uk\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/hmgplc.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hmgplc.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=82"}],"version-history":[{"count":0,"href":"https:\/\/hmgplc.co.uk\/index.php?rest_route=\/wp\/v2\/pages\/82\/revisions"}],"wp:attachment":[{"href":"https:\/\/hmgplc.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=82"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}