Berry Street Web Docs Financial Report 2012 | Page 15

BERRY STREET VICTORIA INC. ABN 24 719 196 762 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2012 o) Change in Accounting Policy continued 2011 Previous policy Adjustment Revised policy Statement of Financial Position Grant obligations 0 4,472,319 4,472,319 Total liabilities 13,441,796 4,472,319 17,914,115 Net assets 35,081,212 (4,472,319) 30,608,893 Reserves 7,730,360 (4,472,319) 3,258,041 14