Whole of Government Accounts 2012-13 - Public Accounts Committee Contents


Introduction


The Treasury published the audited 2012-13 WGA in June 2014. It is the most comprehensive picture of the government's finances currently available, combining the financial activities of some 3,800 organisations across the public sector. The WGA reports net expenditure (total expenditure less income) for the year of some £179 billion compared to £185 billion the previous year. Net liabilities (the difference between the government's assets and liabilities) have risen from £1.3 trillion to £1.6 trillion by 31 March 2013.


 
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Prepared 7 January 2015