Heide Museum of Modern Art 2010 Annual Report
Heide Museum of Modern Art 2010 Annual Report
Heide Museum of Modern Art 2010 Annual Report
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
13. Financial Statements<br />
13. FINANCIAL<br />
STATEMENTS<br />
13. FINANCIAL STATEMENTS 47<br />
Director’s <strong>Report</strong> 48<br />
Statement <strong>of</strong> Comprehensive income 52<br />
Statement <strong>of</strong> financial position 54<br />
Statement <strong>of</strong> changes in equity 55<br />
Statement <strong>of</strong> cash flows 56<br />
14. NOTES TO THE FINANCIAL STATEMENTS 57<br />
Note 1: Accounting policies 57<br />
Note 2: Revenue 62<br />
Note 3: Surplus from Ordinary Activities 63<br />
Note 4: Cash and Cash Equivalents 63<br />
Note 5: Trade and other receivables 63<br />
Note 7: Inventories 64<br />
Note 6: Financial Assets 64<br />
Note 8: Property plant and equipment 65<br />
Note 8: Property plant and equipment (cont) 66<br />
Note 9: Other Assets 67<br />
Note 10: Trade and other payables 67<br />
Note 11: Borrowings 67<br />
Note 12: Provisions 68<br />
Note 13: Reserves 68<br />
Note 14: Economic Dependence 69<br />
Note 15: Segment <strong>Report</strong>ing 69<br />
Note 16: Cash Flow Information 69<br />
Note 17: Capital and Leasing Commitments 70<br />
Note 18: Financial Risk Management 71<br />
Note 19: Interests <strong>of</strong> Key Management Personnel 75<br />
Note 20: Members’ Guarantee 75<br />
Note 21: Contra Sponsorship 76<br />
Note 22: Company Details 76<br />
DIRECTORS’ DECLARATION 77<br />
INDEPENDENT AUDIT REPORT 78<br />
<strong>Heide</strong> <strong>Museum</strong> <strong>of</strong> <strong>Modern</strong> <strong>Art</strong><br />
<strong>2010</strong> <strong>Annual</strong> <strong>Report</strong><br />
47
Change language