Berry Street Web Docs Financial Report 2016 | Page 25

BERRY STREET VICTORIA INC.
ABN 24 719 196 762

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2016

NOTE 16: RESERVES
Asset Revaluation Surplus
The asset revaluation surplus records the revaluation of land and buildings to fair value.
Financial Assets Reserve
The financial assets reserve records the revaluation increments and decrements (that do not represent
impairment write-downs) that relate to financial assets that are classified as available-for-sale.

NOTE 17: FINANCIAL RISK MANAGEMENT
The association’s financial instruments consist mainly of deposits with banks, local money market instruments,
short term investment, accounts receivable and payable and leases.
The total for each category of financial instruments, measured in accordance with AASB 139 as detailed in
the accounting policies to these financial statements, are as follows:
Note

2016
$

2015
$

Financial Assets
Cash and cash equivalents
Loans and receivables
Financial assets at fair value through profit or loss
- Term Deposits
Available for sale financial assets
- Managed investment funds
Held for Trading:
- At fair value
- Shares in listed corporations

5
6

4,137,104
1,882,508

4,535,285
1,992,890

7

10,000,000

8,000,000

7

33,315,941

28,235,200

7

-

1,478,250

49,335,553

44,241,625

5,467,789
334,041
5,801,830

5,474,567
750,646
6,225,213

Financial Liabilities
Financial liabilities at amortised cost
- Trade and other payables
- Borrowings

12a
13

NOTE 18: CASH FLOW INFORMATION

(a)

Non-cash financing and investment activities
There were no non-cash financing and investment activities at 30 June 2016.

(b)

Credit stand-by arrangement and loan facilities
There were no credit stand-by arrangements or loan facilities at 30 June 2016.

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