annual report 2010 - 2011 - Intsika Yethu Municipality
annual report 2010 - 2011 - Intsika Yethu Municipality
annual report 2010 - 2011 - Intsika Yethu Municipality
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<strong>Intsika</strong> <strong>Yethu</strong> <strong>Municipality</strong><br />
STATEMENT OF CHANGES IN NET ASSETS<br />
as at 30 June <strong>2010</strong><br />
Accumulated<br />
Surplus/(Deficit)<br />
Total: Net<br />
Assets<br />
Note R R<br />
Balance at 30 June 2008 37 471 253 37 471 253<br />
Changes in accounting policy 31 (18 327 664) (18 327 664)<br />
Correction of prior period error 6 062 188 6 062 188<br />
Restated balance 25 205 777 19 143 589<br />
Correction of prior period error 32 (138 406) (138 406)<br />
Surplus / (deficit) for the period 12 321 049 12 321 049<br />
Balance at 30 June 2009 37 388 420 31 326 232<br />
c 32 (236) (236)<br />
Restated balance 37 388 184 37 388 184<br />
Surplus / (deficit) for the period 16 923 946 16 923 946<br />
Balance at 30 June <strong>2010</strong> 54 312 131 54 312 131<br />
INTSIKA YETHU LOCAL MUNICIPALITY / 46