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 />
Annual Financial Statements for the year ended 30 June <strong>2011</strong><br />
Statement of Changes in Net Assets<br />
Figures in Rand<br />
Accumulated<br />
surplus<br />
Total net<br />
assets<br />
Opening balance as previously <strong>report</strong>ed 37 527 060 37 527 060<br />
Adjustments<br />
Prior year adjustments (235) (235)<br />
Balance at 01 July 2009 as restated 37 526 825 37 526 825<br />
Changes in net assets<br />
Surplus for the year 16 039 737 16 039 737<br />
Total changes 53 566 559 53 566 559<br />
Balance at 01 July <strong>2010</strong> 52 438 091 52 438 091<br />
Changes in net assets<br />
Surplus for the year 14 014 134 14 014 134<br />
Total changes 14 014 134 14 014 134<br />
Balance at 30 June <strong>2011</strong> 66 452 225 66 452 225<br />
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