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The department reported a net asset position of $4,368.6 million in the Statement of Financial Position, with liabilities equating to less than 10 per cent of the total asset base.
Net assets are $264.8 million higher over 2016–17. The main factors contributing to the movement in 2017–18 were the increase in the value of tangible non-financial assets due to new purchases and developments, and revaluation movements.
Assets and liabilities