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2015-11-16 GC Agenda - Item 3, Attach 1 - Annual Report 2014-15

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NOOsA SHIRE COUNCIL


Statement of Changes in Equity
For the year ended 30 June 2015


                                                                        Total                         Retained surplus                  Asset revaluation surplus
                                                                                                            (deficit)                              surplus
                                              Note                                                                                                 Note 19
                                                                                   2014                                    2014                                 2014
                                                           2015                 (6 months)      2015                    (6 months)      2015                 (6 months)
                                                             $                      $             $                         $             $                      $
Balance at beginning of period                            973,500,643                    -     973,500,643                       -             -                      -
Corrections to opening balances                             1,389,839                    -       1.389,839                       -             -                      -
Restated opening balances
                                              --         974,890,482                     -     974,890,482                                     -                      -
Net result                                                 17,829,742            973,500,643    17,829,742               973,500,643.                            ----
                                              I-
Other comprehensive   income for the period
  Revaluations:
    Property, plant & equipment                            14,334.107                    .              -                        .      14,334,107                    .
                                              ~

  Total comprehensive Income                               32,163,849            973,500,643    17,829,742               973,500,643    14,334,107                    .




Balance at end of period                                1 007,054331             973,500,643   992,720224                973,500643     14334,107                     .


The above statement should be read in conjunction with the accompanying notes and Summary of Significant Accounting Polic;es.




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