2011/12 MCG Trust Annual Report - Melbourne Cricket Ground

statement of changes in equity
statement of cash flows
YEAR ENDED 31 MARCH 2012 Accumulated
Funds
$’000
Other
Reserves
$’000
Total
Equity
$’000
YEAR ENDED 31 MARCH 2012 Notes 2012
$’000
2011
$’000
Balance at 31 March 2010 69,770 61,560 131,330
Changes in Equity
Transfer from accumulated funds - - -
Result for the year ended 31 March 2011 100 - 100
Other Comprehensive Income - - -
Balance at 31 March 2011 69,870 61,560 131,430
Changes in Equity
Transfer from accumulated funds - - -
Result for the year ended 31 March 2012 87 - 87
Other Comprehensive Income - 46,407 46,407
CASH FLOWS FROM OPERATING ACTIVITIES
Payments to suppliers (154) (103)
Interest received 65 62
Ground lease rental from the Club 4,440 4,289
State Government of Victoria contribution –
Yarra Park landscape upgrade
Contribution to the Club for repayment of
Re-development Debt
2,000 -
(4,274) (4,125)
Contribution to the Club for Yarra Park landscape upgrade (2,200) -
GST cash flows 195 14
NET CASH FLOWS FROM/(USED IN) OPERATING ACTIVITIES 10 (a) 72 137
Balance at 31 March 2012 69,957 107,967 177,924
The accompanying notes form part of these financial statements.
NET INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS 7 2 137
Cash and cash equivalents at beginning of year 1,013 876
CASH AND CASH EQUIVALENTS AT END OF YEAR 10 (b) 1,085 1,013
The accompanying notes form part of these financial statements.
Melbourne Cricket Ground Trust
Melbourne Cricket Ground Trust
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