Annual Report 2011 Australian Grand Prix Corporation
Annual Report 2011 Australian Grand Prix Corporation
Annual Report 2011 Australian Grand Prix Corporation
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Statement of Changes in Equityfor the Financial Year Ended 30 June <strong>2011</strong>NotesCash flowhedgereserveAssetrevaluationreserveContributedcapitalAccumulatedsurplusTotal$000’s $000’s $000’s $000’s $000’sBalance at 1 July 2009 - - 10,739 6,830 17,569Net result for year - - - 13,330 13,330Transfer to cash flowhedge reserve15b 10,334 - - - 10,334Balance at 30 June 2010 10,334 - 10,739 20,160 41,233Net result for year 15d - - - (5,580) (5,580)Transfer to/(from) cashflow hedge reserve15b (35,458) - - - (35,458)Transfer to assetrevaluation reserve15c - 3,357 - - 3,357Balance at 30 June <strong>2011</strong> (25,124) 3,357 10,739 14,580 3,552The comprehensive operating statement is to be read in conjunction with the notes to andforming part of the financial statements set out on pages 28 to 67.26<strong>Australian</strong> <strong>Grand</strong> <strong>Prix</strong> <strong>Corporation</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong>