AGSA projected the value of non-current assets at the mount of R148 million for the financial year of 2012/13. At the end of the financial year the actual non-current assets decreased by R47 million from the projected R148 million to R101 million. A decrease on non-current assets may result from depreciation of asset value and less additional assets. Although there is decrease on projected non- current assets at the end of the financial year of 2012/13, but this does not mean that AGSA is at unhealthy financial state, compared to previous financial years. For the period of 2012/13 AGSA projected the non-current assets very high in its balance sheet.