KU Financial Report
Statement of Changes in Equity
for the Financial Year Ended 31 December 2011
General
Funds
$
Fundraising
Reserve
$
Balance at 1 January 2010
8,068,119
1,243,452
Surplus for the year
291,793
-
Transfer (from) / to retained earnings
(18,127)
18,127
Valuation gain recognised
-
-
Balance at 31 December 2010
8,341,785
1,261,579
Balance at 1 January 2011
8,341,785
1,261,579
Surplus for the year
2,055,973
-
Net transfers (from) / to retained earnings
68,995
(68,995)
Valuation loss recognised
-
-
Balance at 31 December 2011
10,466,753
1,192,584
The statement of changes in equity is to be read in conjunction with the attached notes.
Available-
for-Sale
Reserve
$
1,049,451
-
-
59,923
1,109,374
1,109,374
-
-
(631,615)
477,759
Total
$
10,361,022
291,793
-
59,923
10,712,738
10,712,738
2,055,973
-
(631,615)
12,137,096
Statement of Cash Flows
for the Financial Year Ended 31 December 2011
Note
2011
$ 2010
$
96,036,127
38,338,652
134,374,779
(93,362,608)
(45,285,018)
(138,647,626) 94,875,013
19,540,721
114,415,734
(91,501,395)
(30,559,957)
(122,061,352)
(4,272,847) (7,645,618)
Cash flows from investing activities
Payment for property, plant and equipment
Interest received
Dividends
Proceeds from sale of property, plant and equipment (2,221,895)
115,217
586,899
37,894 (3,880,549)
136,331
376,134
32,274
Net cash (used) in investing activities (1,481,885) (3,335,810)
Net (decrease) in cash and cash equivalents (5,754,732) (10,981,428)
Cash and cash equivalents at the beginning of the financial year 16,627,388 27,608,816
10,872,656 16,627,388
Cash flows from operating activities
Receipts from customers, government bodies and centres
Receipts from Government brokered programs
Total receipts
Payments to suppliers and employees
Allocations to recipients of brokered programs
Total Payments
Net cash (utilised) by operating activities
Cash and cash equivalents at the end of the financial year
19(a)
19(b)
The statement of cash flows is to be read in conjunction with the attached notes.
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KU Children’s Services