2021/2022 Annual Report

Statement of Changes in Equity
for the year ended 30 June 2022
$’s
Accumulated
Surplus
Asset
Revaluation
Reserve
Other
Reserves
Total
Equity
2022
Balance at the end of previous reporting period 125,417,801 521,482,824 63,383,631 710,284,256
Net Surplus / (Deficit) for Year 6,629,978 – – 6,629,978
Other Comprehensive Income
- Gain (Loss) on Revaluation of I,PP&E – 73,501,399 – 73,501,399
- Transfer to Accumulated Surplus on Sale of I,PP&E 832,000 (832,000) – –
- Share of Other Comprehensive Income – Equity Accounted
Council Businesses 1,388 – – 1,388
- Other Equity Adjustments – Equity Accounted Council
Businesses 5,031 – – 5,031
Other Comprehensive Income 838,419 72,669,399 – 73,507,818
Total Comprehensive Income 7,468,397 72,669,399 – 80,137,796
Transfers between Reserves (-3,232,877) – 3,232,877 –
Balance at the end of period 129,653,321 594,152,223 66,616,508 790,422,052
2021
Balance at the end of previous reporting period 127,588,794 454,049,501 55,971,078 637,609,373
Net Surplus / (Deficit) for Year 1 4,250,116 – – 4,250,116
Other Comprehensive Income
- Gain (Loss) on Revaluation of I,PP&E – 68,399,339 – 68,399,339
- Transfer to Accumulated Surplus on Sale of I,PP&E 966,016 (966,016) – –
- Share of Other Comprehensive Income
– Equity Accounted Council Businesses 20,822 – – 20,822
- Other Equity Adjustments
– Equity Accounted Council Businesses 4,606 – – 4,606
Other Comprehensive Income 991,444 67,433,323 – 68,424,767
Total Comprehensive Income 5,241,560 67,433,323 – 72,674,883
Transfers between Reserves (7,412,553) – 7,412,553 –
Balance at the end of period 125,417,801 521,482,824 63,383,631 710,284,256
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Campbelltown City Council
Annual Report 2021 / 2022