2012 Annual Report - Ballarat Health Services

Note 13: Other Liabilities
Notes to and forming part of the fi nancial statements for the year ended 30 June 2012.
Current
Grampians Regional Health Alliance 168 205
Total 168 205
Note 14: Equity
(a) Reserves
Asset Revaluation Reserve (1)
Balance at the beginning of the reporting period
Revaluation Increments/(Decrements)
75,639 73,382
- Land - 2,257
- Buildings 19,686 -
Balance at the end of the reporting period 95,325 75,639
Represented by:
Land 12,503 12,503
Buildings 82,822 63,136
95,325 75,639
Specifi c Purpose Reserve
Balance at the beginning of the reporting period 650 15,537
Transfer to accumulated surplus (88) (14,887)
Balance at the end of the reporting period 562 650
Total Reserves 95,887 76,289
(b) Contributed Capital
Balance at the beginning of the reporting period 149,952 149,952
Capital contribution received from Victorian Government - -
Balance at the end of the reporting period 149,952 149,952
(c) Retained Earnings
Balance at the beginning of the reporting period (28,459) (35,191)
Net Result for the Year 16,575 (7,934)
Grampians Regional Health Alliance (64) (221)
Transfer from Reserve 88 14,887
Balance at the end of the reporting period (11,860) (28,459)
(d) Total Equity at the end of the Financial Year
Total Equity at the beginning of the reporting period 197,782 203,680
Total Changes in Equity Recognised in the Statement of Financial Performance 36,197 (5,898)
Total Equity at the end of the reporting period 233,979 197,782
(1) The land, building and investment assets revaluation reserve arises on the revaluation of land, buildings and investments
The above Reserves are internally managed Special Purpose Funds, which are used to quarantine Capital income such as Donations, Capital Grants and Interest Revenue.
Once quarantined, this income is used to fund Capital Projects, Refurbishments, Equipment and Education.
2012
$000
2012
$000
2011
$000
2011
$000
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