2011 REPORT ANNUAL - Racing NSW

RACING NSW COUNTRY LTD
ACN 075 186 873
STATEMENTS OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30TH JUNE, 2011
Retained
Earnings
Racecourse
Development
Reserve
Future
Development
Reserve
Total
Equity
$ $ $ $
Balance at 30 June 2009 3,453,495 2,242,046 1,510,196 7,205,737
Transfers from/(to) reserves 1,485,154 (1,439,754) (45,400) -
Net income and expense recognised directly in equity 1,485,154 (1,439,754) (45,400) -
Total comprehensive income for the year (1,386,564) - - (1,386,564)
Total recognised income and expense for the year 98,590 (1,439,754) (45,400) (1,386,564)
Balance at 30 June 2010 3,552,085 802,292 1,464,796 5,819,173
Transfers from/(to) reserves (64,691) 107,251 (42,560) -
Net income and expense recognised directly in equity (64,691) 107,251 (42,560) -
Total comprehensive income for the year 2,920,012 - - 2,920,012
Total recognised income and expense for the year 2,855,321 107,251 (42,560) 2,920,012
Balance at 30 June 2011 6,407,406 909,543 1,422,236 8,739,185
The above Statement of Changes in Equity should be read in conjunction with the accompanying notes.
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