National Consumer Tribunal Annual Report 2011/12 National Consumer Tribunal 2011-12 | Page 81

STATEMENT OF CHANGES IN NET ASSETS for the year ended 31 March 2011 Note(s) Balance as at 1 April 2009 Accumulated surplus Total net assets R R 2 671 860 2 671 860 (369 298) (369 298) 350 000 350 000 (19 298) (19 298) 2 652 562 2 652 562 Net surplus for the year 1 970 137 1 970 137 Total changes 1 970 137 1 970 137 Balance as at 31 March 2011 4 622 699 4 622 699 Changes in net assets Net deficit for the year as previously reported Change in accounting policy Restated total changes Balance as at 31 March 2010 - restated 27 Changes in net assets Annual Report 2011 national consumer tribunal | page 79