Annual Report 2010 - Christchurch City Council

p160.
Annual Report
Christchurch Otautahi
2010
Financial statements
Other gains and losses
Notes to financial statements
4. Other gains and losses
Other gains
Parent
Group
30 Jun 10 30 Jun 09 30 Jun 10 30 Jun 09
Actual Actual Actual Actual
$000s $000s $000s $000s
Non-financial instruments
Gains/(losses) on disposal of property, plant and equipment 1,403 2,768 1,792 2,875
Gains/(losses) on disposal of investments - - 62 -
Gains/(losses) on assets written off 7 - 7 -
Gains/(losses) on revaluation of investment property - - 2,087 -
1,410 2,768 3,948 2,875
Financial instruments
Ineffectiveness on cash flow hedges - gain/(loss) 6 - 291 -
Gains in fair value of Endeavour iCap - 2,049 - 2,049
6 2,049 291 2,049
Total other gains 1,416 4,817 4,239 4,924
Other losses
Parent
Group
30 Jun 10 30 Jun 09 30 Jun 10 30 Jun 09
Actual Actual Actual Actual
$000s $000s $000s $000s
Non-financial instruments
Gains/(losses) on disposal of property, plant and equipment 301 - 372 -
Gains/(losses) on revaluation of investment property - - - 4,426
301 - 372 4,426
Financial instruments
Ineffectiveness on fair value hedges - gain/(loss) - - 132 -
Ineffectiveness on cash flow hedges - gain/(loss) - 9 - 9
Fair value through income statement financial assets fair value change 3,198 - 938 3,826
Loss on fair value of Endeavour iCap 338 - 338 -
3,536 9 1,408 3,835
Total other losses 3,837 9 1,780 8,261