Complete annual report 2010-11 - Land - NSW Government

More documents

Recommendations

Info

State Property Authority Statement of Changes in Equity For the Year Ended 30 June 2011 Asset Accumulated Revaluation Total Accumulated Revaluation Total Note Funds Reserve Equity Funds Reserve Equity 2011 2011 2011 2010 2010 2010 $'000 $'000 $'000 $'000 $'000 $'000 Balance at the Beginning of the Year 879,964 3,154 883,118 761,582 11,981 773,563 Changes in Accounting Policy 1(w) - - - 162,892 500 163,392 Restated Balance at the Beginning of the Year 879,964 3,154 883,118 924,474 12,481 936,955 Comprehensive Income - Net Surplus/(Deficit) for the Year 43,358 - 43,358 (3,545) - (3,545) - Other Comprehensive Income: - Net Increment/(Decrement) on Revaluation of Property, Plant and Equipment 7(b) - 20,097 20,097 - 77,179 77,179 - Net Increment on Revaluation of Finance Lease Assets 7(b) - 326 326 - 2,070 2,070 - Net Decrement on Revised Estimate of Land Remediation Liability 11(b) - 642 642 - (5,462) (5,462) Total Comprehensive Income 43,358 21,065 64,423 (3,545) 73,787 70,242 Transactions with Owners as Owners - Financial Distributions 13(a) (36,771) - (36,771) (97,698) - (97,698) - Transfers to Other Government Agencies: - Property, Plant and Equipment 7(b) (13,670) - (13,670) (88,153) - (88,153) - Transfers from Other Government Agencies: - Property, Plant and Equipment 7(b) 55,739 - 55,739 61,668 - 61,668 - Finance Lease Receivables 6(b) - - - 104 - 104 Total Transactions with Owners as Owners 5,298 - 5,298 (124,079) - (124,079) Transfers between Equity Components - Transfers to Other Government Agencies: - Property, Plant and Equipment 7(b) 9,408 (9,408) - 87,573 (87,573) - - Transfers to Assets Held for Sale: - Property, Plant and Equipment 8 - - - (1,613) 1,613 - - Transfer of Asset Revaluation Reserve Balances on Sale of Assets - - - (2,846) 2,846 - Net Transfers within Equity Components 9,408 (9,408) - 83,114 (83,114) - Asset Balance at the End of the Year 938,028 14,811 952,839 879,964 3,154 883,118 [The accompanying notes form part of these statements] 22 State Property Authority
State Property Authority 2010-2011 Annual Report State Property Authority Statement of Financial Position As At 30 June 2011 Note 2011 2010 * 2009 $'000 $'000 $'000 ASSETS Current Assets Cash and Cash Equivalents 5 131,138 131,075 140,583 Receivables 6 51,788 37,973 21,072 Assets Held For Sale 8 5,000 5,345 795 Property, Plant and Equipment - - 75,000 Total Current Assets 187,926 174,393 237,450 Non-Current Assets Property, Plant and Equipment 7 906,641 843,965 826,151 Intangibles 9 1,073 752 466 Receivables 6 187,949 139,153 94,215 Total Non Current Assets 1,095,663 983,870 920,832 TOTAL ASSETS 1,283,589 1,158,263 1,158,282 LIABILITIES Current Liabilities Payables 10 19,274 19,311 29,110 Finance Lease Liabilities 14(d) 2,499 2,316 2,146 Provisions - Land Remediation 11 40,640 27,872 20,743 - Other 11 30,581 18,229 4,630 Other Liabilities - Deferred Income 12 4,840 1,408 1,408 Total Current Liabilities 97,834 69,136 58,037 Non-Current Liabilities Finance Lease Liabilities 14(d) 45,614 48,114 50,430 Provisions - Land Remediation 11 66,967 86,792 76,352 - Other 11 108,135 68,320 32,316 Other Liabilities - Deferred Income 12 12,200 2,783 4,192 Total Non-Current Liabilities 232,916 206,009 163,290 TOTAL LIABILITIES 330,750 275,145 221,327 NET ASSETS 952,839 883,118 936,955 EQUITY Accumulated Funds 938,028 879,964 924,474 Asset Revaluation Reserve 13(b) 14,811 3,154 12,481 TOTAL EQUITY 952,839 883,118 936,955 * Balances as at 1 July 2009. Refer to Note 1(w) for details regarding changes in accounting policy. [The accompanying notes form part of these statements] 2010-2011 Annual Report 23
Page 1: State Property Authority new South
Page 4 and 5: n Letter of submission Bligh House
Page 6 and 7: n Our charter The State Property Au
Page 8 and 9: n Organisational outcomes and achie
Page 10 and 11: leasing staff generated substantial
Page 12 and 13: Other sustainability initiatives la
Page 14 and 15: n Financial performance 2010-11 Ove
Page 16 and 17: n 2010-11 Operating result operatin
Page 18 and 19: n Audited financial information Sta
Page 20 and 21: 18 State Property Authority
Page 22 and 23: State Property Authority Financial
Page 26 and 27: State Property Authority Statement
Page 28 and 29: State Property Authority Notes to a
Page 60 and 61: n STATUTORY AND STATISTICAL INFORMA
Page 62 and 63: n Personnel policies and practices
Page 64 and 65: 1st qtr $’000 2nd qtr $’000 3rd
Page 66 and 67: A full list of publicly available G
Page 68 and 69: Table F: Timeliness Number of appli
Page 70 and 71: n Agency contacts Postal address: G
Page 72: THIS PAGE HAS INTENTIONALLY BEEN LE

Complete annual report 2010-11 - Land - NSW Government

Create successful ePaper yourself

Delete template?

Save as template?