CQUniversity Annual Report - Central Queensland University

CQUniversity ANNUAL REPORT 20129Central Queensland Universityand Controlled EntitiesStatements of Changes in Equityfor the year ended 31 December 2012RetainedsurplusConsolidated ParentTotal:Owners ofthe parentNoncontrollinginterest Total ReservesRetainedsurplus TotalNotes Reserves$'000 $'000 $'000 $000 $'000 $'000 $'000 $'000Balance at 1 January 2011 78,580 210,474 289,054 - 289,054 78,859 205,469 284,328Operating result from continuing operations after tax - (3,278) (3,278) - (3,278) - (2,942) (2,942)Other comprehensive incomeRevaluation of land and buildings 31(a) 2,179 - 2,179 - 2,179 2,179 - 2,179Revaluation of infrastructure 31(a) 61 - 61 - 61 61 - 61Revaluation of artwork 31(a) 347 - 347 - 347 347 - 347Revaluation of library collection 31(a) - - - - - - - -Gain on available-for-sale financial assets 31(a) (3,594) - (3,594) - (3,594) (3,571) - (3,571)Balance at 31 December 2011 77,573 207,196 284,769 - 284,769 77,875 202,527 280,402Balance at 1 January 2012 77,573 207,196 284,769 - 284,769 77,875 202,527 280,402Operating result from continuing operations after tax - (25,896) (25,896) (188) (26,084) - (24,636) (24,636)Retained surplus on acquisition of subsidiary - (166) (166) - (166)Other comprehensive income -Revaluation of land and buildings 31(a) 2,119 - 2,119 - 2,119 2,119 - 2,119Revaluation of infrastructure 31(a) 71 - 71 - 71 71 - 71Revaluation of artwork 31(a) (77) - (77) - (77) (77) - (77)Revaluation of library collection 31(a) 1,167 - 1,167 - 1,167 1,167 - 1,167Gain on available-for-sale financial assets 31(a) 3,589 - 3,589 - 3,589 3,219 - 3,219Foreign currency translation 31(a) 17 - 17 17 34 - - -Non-controlling interest in issued capital - - - 394 394Movement for the perid 6,886 (26,062) (19,176) 223 (18,953) 6,499 (24,636) (18,137)Balance at 31 December 2012 84,459 181,134 265,593 223 265,816 84,374 177,891 262,265The above Statements of Changes in Equity should be read in conjunction with the accompanying notes.ANNUAL FINANCIAL STATEMENTS