28 YE December 2018 YE December 2017 NET A SSET S 2827 740 2 739 124 NET PROFIT L OSS AFTER INCOME T AX 88616 88409 P rincipal Activity The Association of Mining and Exploration Companies Inc AMEC is a peak national industry body that represents and provides services to corporate and individual members with direct or indirect interests in the A ustralian resources sector Signifcant Changes in the S tate of A fairs No signifcant change in the nature of these activities occurred during the fnancial year Signifcant Events after Balance Date No matters or circumstances have arisen since the end of the fnancial year which signifcantly afect the operations of the entity the results of those operations or the state of afairs of the entity in future fnancial years Environmental R egulation and P erformance The entity s operations are not regulated by any environmental regulation under a law of the Commonwealth or of a S tate or T erritory OPERA TIONAL AND FINANCIAL REPOR T Association of Mining and Exploration Companies The net assets and net proftloss after tax for the 2018 fnancial yea r are Operational and Financial R eport