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Academy of Science South Africa 2005/6 Annual Report

Academy of Science South Africa 2005/6 Annual Report

Academy of Science South Africa 2005/6 Annual Report

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ASSAf<strong>Annual</strong> financial statementsStatements <strong>of</strong> changes in reserves for the year ended 31 March 2006Equipment fund Accumulated funds TotalR R RBalance at 1 April 2004 53 054 3 352 968 3 406 022Surplus for the year – 439 940 439 940Transfer to accumulated funds (53 054) 53 054 –Balance at 31 March <strong>2005</strong> – 3 845 962 3 845 962Deficit for the year – (150 594) (150 594)Balance at 31 March 2006 – 3 695 368 3 695 368118Promoting Excellence in <strong>Science</strong> for Society

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