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3.2 Net Cash Appropriation Arrangements

3.2 Net Cash Appropriation Arrangements

2021

2020

$’000

$’000

Total comprehensive income/(loss) - as per the Statement of Comprehensive

Income

2,132

( 6,906)

Plus: depreciation/amortisation of assets funded through appropriations

(departmental capital budget funding and/or equity injections)1

7,977

6,798

Plus: depreciation of right-of-use assets2

5,285

5,408

Less: lease principal repayments2

( 5,189)

( 5,145)

Net Cash Operating Surplus/ (Deficit)

10,205

155

1. From 2010-11, the Government introduced net cash appropriation arrangements where revenue appropriations for depreciation/amortisation expenses of non-corporate Commonwealth entities and selected corporate Commonwealth entities were replaced with a separate capital budget provided through equity injections. Capital budgets are to be appropriated in the period when cash payment for capital expenditure is required.

2. The inclusion of depreciation/amortisation expenses related to ROU leased assets and the lease liability principal repayment amount reflects the impact of AASB 16 Leases, which does not directly reflect a change in appropriation arrangements.