No sweat, answered in a jumbled way. I haven't checked re the consolidated status. I recall there are a bunch of rules for govt around definitions eg SOEs have a special status. I am not sure on things like AIR etc on classification. It is a minor point. Also be aware that govt accounts do not comply with IFRS(pretty sure). The debt isn't linked to the financial asset. And lastly discount rates for govt do some other things too! With ACC(and defined benefit stuff like some pensions in and out of govt) higher discount rates are actually better. It is an actuary thing. Technically whatever assets they hold to meet liabilities generally making better returns because they tend to be bond/debt heavy, so higher rates(assuming whatever triggered higher disc rate is i rate related) better cash returns over lifetime of book.