21.01.2015 Views

Annual Report 2005/2006 - Port Augusta - SA.Gov.au

Annual Report 2005/2006 - Port Augusta - SA.Gov.au

Annual Report 2005/2006 - Port Augusta - SA.Gov.au

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

CITY OF PORT AUGUSTA<br />

STATEMENT OF CHANGE IN EQUITY FOR THE 30 JUNE, <strong>2006</strong><br />

Note <strong>2006</strong> <strong>2005</strong><br />

$ $<br />

ACCUMULATED SURPLUS<br />

Balance at beginning of period 4,095,379 3,963,095<br />

Change in financial position resulting from<br />

operations (Deficit)/Surplus (286,014) 132,284<br />

Balance at end of period 3,809,365 4,095,379<br />

ASSET REVALUATION RESERVE<br />

Balance at beginning of period 52,778,518 37,299,409<br />

-Revaluation increment (1,068,000) 15,479,109<br />

-Revaluation decrement<br />

Balance at end of period 51,710,518 52,778,518<br />

TOTAL EQUITY 55,519,883 56,873,897<br />

The above statement should be read in conjunction with the accompanying notes.<br />

- 43 -

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!