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In 2018-19, the NCA reported a departmental operating loss of $0.667 million, compared to an operating loss of $2.887 million in 2017-18. After adding back unfunded depreciation and amortisation expenses of $1.100 million, the NCA had an actual operating surplus of $0.433 million.
At 30 June 2019, the NCA’s departmental net assets increased by $1.514 million. Financial assets increased by $1.490 million mainly due to an increase in appropriations receivable.
Non-financial assets decreased compared to the previous year due to write-down and impairment of assets. This impact is reflected in the closing equity position at 30 June 2019.