The deficit of 11 million euros was smaller than the 2018 deficit due to 68 million euros in investment returns, the report showed. It said that the increase was "mostly attributable to the effect of the recovery of share prices in 2019."
The report did not include financial statements for other Vatican entities which collaborate with the Holy See, such as the governorate of Vatican City State, the IOR, or Peter's Pence, the pope's charitable fund which comes from an annual Church-wide collection.
These institutions and others "present their results, and report to the corresponding authorities," Guerrero said.
Despite not being part of the report, Guerrero said that Peter's Pence covered 32% of the expenses "for the mission of the Holy See."
The prefect said that Peter's Pence in 2019 "collaborated with the mission of the Holy Father" for a total of 66 million euros, with 23 million coming from reserve funds in addition to what was donated in 2019.
Guerrero noted that this shortage has happened in the last few years, lowering the capital of Peter's Pence overall.
The balance sheet showed overall income and expenditure figures for 2019 and a breakdown of how much went to each curial department.
Expense categories were listed as apostolic mission, assets management, and services and administration.
Under apostolic mission, the largest expense went to "message diffusion" at 22% and apostolic nunciatures -- the Holy See's embassies abroad -- at 21%.
Supporting local churches in difficulty and mission territories accounted for 16%. Donations made up 12%, and 9% was spent on maintaining the Curia's historic assets.
APSA had the largest expenditure at over 66 million euros toward asset management, followed by the Secretariat of State with more than 65 million in expenses, over 22 million attributed to administration costs.
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The Dicastery for Communication, the department which employs the greatest number of lay people in the Holy See, spent almost 46 million euros.
Hannah Brockhaus is Catholic News Agency's senior Rome correspondent. She grew up in Omaha, Nebraska, and has a degree in English from Truman State University in Missouri.