NRF Annual Report 2018
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PART D: ANNUAL FINANCIAL STATEMENTS<br />
STATEMENT OF CHANGES IN NET ASSETS<br />
SALT fund<br />
Capital fund<br />
Infrastructure<br />
fund<br />
Total<br />
reserves<br />
Accumulated<br />
surplus<br />
Total net<br />
assets<br />
'000 '000 '000 '000 '000 '000<br />
Balance at April 01, 2016 22,795 1,708,296 81,317 1,812,408 4,110 1,816,518<br />
Changes in net assets<br />
Surplus for the year - - - - 488,143 488,143<br />
Transfer from SALT fund (4,348) - - (4,348) 4,348 -<br />
Transfer to capital fund - 501,421 - 501,421 (501,421) -<br />
Transfer from infrastructure fund - - (5,251) (5,251) 5,251 -<br />
Total changes (4,348) 501,421 (5,251) 491,822 (3,679) 488,143<br />
Balance at April 01, 2017 18,447 2,209,717 76,066 2,304,230 431 2,304,661<br />
Changes in net assets<br />
Surplus for the year - - - - 532,341 532,341<br />
Transfer from SALT fund (2,314) - - (2,314) 2,314 -<br />
Transfer to capital fund - 535,713 - 535,713 (535,713) -<br />
Transfer from infrastructure fund - - (3,188) (3,188) 3,188 -<br />
Total changes (2,314) 535,713 (3,188) 530,211 2,130 532,341<br />
Balance at March 31, <strong>2018</strong> 16,133 2,745,430 72,878 2,834,441 2,561 2,837,002<br />
Note(s) 15 14<br />
<strong>NRF</strong> <strong>Annual</strong> <strong>Report</strong> 2017/18 161
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