Community Development - City of Stirling
Community Development - City of Stirling
Community Development - City of Stirling
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Statement <strong>of</strong> Changes in Equity<br />
For the year ended 30 June 1999<br />
1999 1998<br />
$ $<br />
RESERVES - CASH BACKED<br />
Balance at beginning <strong>of</strong> reporting period 17,468,897 19,212,449<br />
Amount transferred from accumulated surplus 4,381,278 2,265,334<br />
Amount transferred to accumulated surplus (2,031,250)<br />
–––––––––––––<br />
(4,008,886)<br />
–––––––––––––<br />
Balance at end <strong>of</strong> reporting period 19,818,925<br />
–––––––––––––<br />
17,468,897<br />
–––––––––––––<br />
ACCUMULATED SURPLUS<br />
Balance at beginning <strong>of</strong> reporting period 722,421,601 675,651,282<br />
Adjustment due to compliance with a new accounting standard 0 35,534,675<br />
Change in net assets resulting from operations (31,652,509) 9,492,092<br />
Transfers to reserves (4,381,278) (2,265,334)<br />
Transfers from reserves 2,031,250<br />
–––––––––––––<br />
4,008,886<br />
–––––––––––––<br />
Balance at end <strong>of</strong> reporting period 688,419,064<br />
–––––––––––––<br />
722,421,601<br />
–––––––––––––<br />
TOTAL EQUITY 708,237,989 739,890,498<br />
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40
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