2007 Annual Report

Page 33

Statement of Changes in Equity for the year ended 31 December, 2007

Group

Notes

At 1 January, 2006 Fair value revaluation of land and buildings

10

At 31 December, 2006

Budget

$000

$000

$000

$000

-

81,344

88,579

7,909

7,909

-

-

-

83,530

(17,235)

-

Net Surplus / (Deficit) for the Year At 31 December, 2006 10

Net Surplus / (Deficit) for the Year At 31 December, 2007

4

5,419 $(11,816)

(15,049)

(13,967)

7,909

74,204

74,612

-

-

-

-

5,419

3,556

$7,909

$79,623

$78,168

Public Equity

Retained Earnings

Revaluation Reserve

Total

Budget

$000

$000

$000

$000

$000

-

60,040

67,033

7,615

7,615

-

62,223 10

(15,049)

$83,530

Notes

(2,186)

-

4

At 1 January, 2006

Fair value revaluation of land and buildings

Total

$000

-

At 31 December, 2007

Fair value revaluation of land and buildings

Revaluation Reserve

10

Net Surplus / (Deficit) for the Year

Parent

Retained Earnings

83,530

Net Surplus / (Deficit) for the Year Fair value revaluation of land and buildings

Public Equity

-

(2,183) -

-

(20,899)

-

62,223

(23,082)

(20,899)

(19,055)

7,615

46,756

47,978

-

-

-

-

-

-

1,961

-

1,961

$7,615

$48,717

$62,223

$(21,121)

(1,446) $46,532

The accompanying notes form part of these financial statements.

Statement of Changes in Equity

- 25


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2007 Annual Report by Te Wananga o Aotearoa - Issuu