At 30 June 2007, NICNAS had a net operating surplus of $785,862.

 

Table 1 provides a summary of NICNAS's 2006-07 financial overview (accrual) while Table 2 provides three-year trend data for NICNAS operational performance for. An abstract of NICNAS’s financial statements is presented at Appendix 01.

 

Table 1: NICNAS financial overview – 2006-07

Revenue

 $000

Assessments

2091

NICNAS Registration

5901

Sales, Industry education & research projects

74

Interest

521

 

8587

Expenditure

 

Employee

4559

Supplier

3091

Deprecation and amortisation

151

 

7801

Surplus / (Deficit)

786


Table 2: NICNAS revenues and expenses – three-year comparison

Year

2004-05*
$000

2005-06
$000

2006-07
$000

Revenue

6933

8324

8587

Expenses

5498

7954

7801

Surplus (deficit)

1435

370

786

* NICNAS received a small appropriation from the Government up until June 2005 to assist with its compliance program. From July 2005 the cost recovery policy arrangements moved to a full cost recoverable operation.