CRIS 2018-19 — Financial performance

Table 3 – NICNAS historical financial performance since 2012-13 ($m)

Financial year 2012-132013-142014-152015-162016-172017-18
Expenses = X 10.7 12.2 13.0 14.5 15.5 tba
Revenue = Y 11.5 13.2 13.4 16.7 17.7 tba
Balance = Y - X 0.8 1.0 0.4 2.2 2.2 tba
Cumulative balance 4.3 5.3 5.7 7.9 10.1 tba

Funds in the Special Account will provide for business continuity requirements, future capital projects and to fund the resources required to finalise implementation of AICIS.

Balance management strategy: A reserve is used as a risk mitigation strategy to allow the charging activities to mitigate the varying demand on the regulatory activities.


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Non-financial performance

Last update 9 August 2018