Annual Report - Northern Health

Note 17: Reserves(a) ReservesProperty, Plant & Equipment Revaluation Surplus 1Notes To and Forming Part of the Financial StatementsNorthern Health Annual Report 2011/2012Parent Entity Parent Entity Consol'd Consol'd2012 2011 2012 2011$'000 $'000 $'000 $'000Balance at the beginning of the reporting period 104,432 104,432 104,432 104,432Revaluation Increment/(Decrements)- Land 4,764 - 4,764 -- Buildings - - - -Balance at the end of the reporting period* 109,196 104,432 109,196 104,432* Represented by:- Land 29,868 25,104 29,868 25,104- Buildings 79,328 79,328 79,328 79,328109,196 104,432 109,196 104,432Restricted Specific Purpose SurplusBalance at the beginning of the reporting period 379 370 1,458 646Transfer to and from Internal Entities - - - -Transfer to and from Restricted Specific Purpose Surplus (54) 9 49 812Balance at the end of the reporting period 325 379 1,507 1,458Total Reserves 109,521 104,811 110,703 105,890(b) Contributed CapitalBalance at the beginning of the reporting period 161,634 161,634 161,634 161,634Capital contribution received from Victorian Government - - - -Balance at the end of the reporting period 161,634 161,634 161,634 161,634(c) Accumulated DeficitsBalance at the beginning of the reporting period (39,570) (28,576) (39,719) (28,394)Net Result for the Year (11,603) (10,985) (11,500) (10,513)Transfer to and from Restricted Specific Purpose Surplus 54 (9) (49) (812)Balance at the end of the reporting period (51,119) (39,570) (51,268) (39,719)Total Equity at end of financial year 220,036 226,875 221,069 227,805(1) The Property, Plant & Equipment Asset Revaluation Surplus arises on the revaluation of property, plant & equipment.Northern Health Financial Report Appendix to the 2011 - 2012 Annual Report Page 42 of 60