Year 2001 - University of Canberra

UNIVERSITY OF CANBERRA ANNUAL REPORT 2001
72
Notes to and forming part of the Financial Statements
for the year ended 31 December 2001 (continued)
NOTE 12: ASSET REVALUATION RESERVE
CONSOLIDATED UNIVERSITY
2001 2000 2001 2000
$’000 $’000 $’000 $’000
MOVEMENT IN ASSET REVALUATION RESERVES
Revaluation Reserve Leasehold Land
Balance at the beginning of the year 17,920 17,800 17,920 17,800
Revaluation – 120 – 120
Balance at the end of the year 17,920 17,920 17,920 17,920
Revaluation Reserve Buildings
Balance at the beginning of the year 88,946 88,172 88,946 88,172
Revaluation 774 774
Balance at the end of the year 88,946 88,946 88,946 88,946
Revaluation Reserve Infrastructure
Balance at the beginning of the year – – – –
Revaluation – – – –
Balance at the end of the year – – – –
Revaluation Reserve Plant & Equipment
Balance at the beginning of the year 214 – 214 –
Revaluation 214 214
Balance at the end of the year 214 214 214 214
Revaluation Reserve Computer Equipment
Balance at the beginning of the year 27 – 27 –
Revaluation 27 27
Balance at the end of the year 27 27 27 27
Revaluation Reserve Motor Vehicles
Balance at the beginning of the year 22 – 22 –
Revaluation 22 22
Balance at the end of the year 22 22 22 22
Revaluation Reserve Works of Art
Balance at the beginning of the year 149 149 149 149
Revaluation 680 – 680 –
Balance at the end of the year 829 149 829 149
Revaluation Reserve Library
Balance at the beginning of the year 8,305 8,305 8,305 8,305
Movement during year – –
Balance at the end of the year 8,305 8,305 8,305 8,305
Total Reserves at the end of the year 116,263 115,583 116,263 115,583