CQUniversity Annual Report - Central Queensland University

CQUniversity ANNUAL REPORT 2012Note 41. Financial risk management (continued)Central Queensland Universityand Controlled EntitiesNotes to the Financial Statementsfor the year ended 31 December 2012(e) Reconciliation of Financial Assets categorised as level 3 (continued):ConsolidatedLevel 3 Financial Assets 2011Investments usingthe equity method Unlisted shares Total$'000 $'000 $'000Opening balanceTotal gains/(losses)In profit or loss--1,559-1,559-In other comprehensive income - (6) (6)PurchasesSalesTransfers out of Level 3Closing balance-------1,553---1,55369ANNUAL FINANCIAL STATEMENTSParentLevel 3 Financial Assets 2011Investments usingthe equity method Unlisted shares Total$'000 $'000 $'000Opening balance- 1,938 1,938Total gains/(losses)In profit or loss - - -In other comprehensive income - 17 17Purchases- - -Sales- - -Transfers out of Level 3- - -Closing balance- 1,955 1,955