Annual Report 2011 - Sydney Opera House

74STATEMENT OF CHANGES IN EQUITYFOR THE YEAR ENDED 30 JUNE 2011aCCumulated Asset Revaluation Hedgefunds Reserve Reserve TOTalNOTE $’000 $’000 $’000 $’000Balance at 1 July 2010 231,280 1,902,973 (332) 2,133,921Deficit for the year (5,007) - - (5,007)Other Comprehensive IncomeNet increase in property, plant and equipment 20 - 21,896 - 21,896Transfers on disposals 20 3,714 (3,714) - -Unrealised profit 9,20 - - 266 266Total other comprehensive income 3,714 18,182 266 22,162Total Comprehensive Income for the year (1,293) 18,182 266 17,155Balance at 30 June 2011 229,987 1,921,155 (66) 2,151,076Balance at 1 July 2009 212,500 1,586,078 (143) 1,798,435Deficit for the year (14,388) - - (14,388)Other Comprehensive IncomeNet increase in property, plant and equipment 20 - 350,063 - 350,063Transfers on disposals 20 33,168 (33,168) - -Unrealised losses 9,20 - - (189) (189)Total other comprehensive income 33,168 316,895 (189) 349,874Total Comprehensive Income for the year 18,780 316,895 (189) 335,486Balance at 30 June 2010 231,280 1,902,973 (332) 2,133,921The accompanying notes form part of this financial statement.