CQUniversity Annual Report - Central Queensland University

68Central Queensland Universityand Controlled EntitiesNotes to the Financial Statementsfor the year ended 31 December 2012Note 41. Financial risk management (continued)(e) Reconciliation of Financial Assets categorised as level 3:ConsolidatedLevel 3 Financial Assets 2012Investments usingthe equity method Unlisted shares Total$'000 $'000 $'000Opening balanceTotal gains/(losses)In profit or loss--1,553-1,553-In other comprehensive income - 260 260PurchasesSalesTransfers out of Level 3Closing balance-------1,813---1,813ParentLevel 3 Financial Assets 2012Investments usingthe equity method Unlisted shares Total$'000 $'000 $'000Opening balance- 1,955 1,955Total gains/(losses)In profit or loss - - -In other comprehensive income - (110) (110)Purchases- 905 905Sales- - -Transfers out of Level 3- - -Closing balance- 2,750 2,750