NGV Annual Report 2003-04-Part 2 - National Gallery of Victoria

More documents

Recommendations

Info

NGV Annual Report 2003/04 Report 14310. Property, plant and equipment CONTINUEDRevaluation of land to fair value at the National Gallery of Victoria’s St Kilda Road site was performed as at 30 June2003 by Urbis Property Services Pty Ltd, members of the Australian Property Institute and certified property valuers.At 30 June 2004, the land was valued upwards based on indices provided by the Valuer-General Victoria.Revaluation of buildings to fair value was performed by the Valuer-General Victoria as at 30 June 2004.11. PayablesPayablesNotes2004$ '000s2003$ '000sTrade creditors 7,815 1,978Other creditors and accruals 2,791 3,440Income in advance 580 22316 11,186 5,64112. Other liabilitiesOther liabilitiesCurrentNotes2004$ '000s2003$ '000sLoan from State Government 1,750 1,750Finance lease 20 24 22Non-current1,774 1,772Loan from State Government 5,250 7,000Finance lease 20 111 135Aggregate carrying amount of other liabilities5,361 7,135Current 1,774 1,772Non-current 5,361 7,1357,135 8,90713. ProvisionsProvisionsCurrent2004$ '000s2003$ '000sAnnual leave 1,246 896Long service leave 80 71Total current liabilities 1,326 967Non-currentLong service leave 1,493 1,338Total non-current liabilities 1,493 1,338Aggregate carrying amount of provisionsCurrent 1,326 967Non-current 1,493 1,3382,819 2,305
144 Report NGV Annual Report 2003/0414. Equity and movements in equityPurpose of ReservesBequests and donations reserveTo assist the National Gallery of Victoria maintain, develop and improve the State collection of cultural assets.Cultural assets donation reserveRepresents increments arising by way of purchase.Asset revaluation reserveRepresents increments from the revaluation of non-current assets.Cultural assets revaluation reserveRepresents increments from the revaluation of cultural assets.Investment revaluation reserveRepresents increments from the revaluation of investments.Contributed capitalRepresents transfers of capital to the National Gallery of Victoria by the State Government of Victoria to develop itsinfrastructure.
Page 2 and 3:
Human ResourcesRisk and Facilities
Page 4 and 5:
NGV Annual Report 2003/04 Support 8
Page 6 and 7:
NGV Annual Report 2003/04 Support 8
Page 8 and 9:
NGV Annual Report 2003/04 Grow 91Bu
Page 10: NGV Annual Report 2003/04 Grow 93Sp
Page 13 and 14: 96 GrowNGV Annual Report 2003/04The
Page 15 and 16: 98 Review NGV Annual Report 2003/04
Page 17 and 18: 100 Acquire & LendNGV Annual Report
Page 19 and 20: 102 Acquire & Lend NGV Annual Repor
Page 21 and 22: 104 Acquire & LendNGV Annual Report
Page 43 and 44: Report
Page 45 and 46: 128 Report NGV Annual Report 2003/0
Page 59: 142 Report NGV Annual Report 2003/0
Page 77: 160 Report NGV Annual Report 2003/0
show all

NGV Annual Report 2003-04-Part 2 - National Gallery of Victoria

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?