KU Annual Report 2007 - Page 31

14. reserves (CONTINUED) 2007 Fundraising Reserve (i) Salary Recovery Fund $ $ Total $ Balance at beginning of financial year 969,655 1,873,427 2,843,082 Transfer from retained earnings 115,380 (1,073,427) (958,047) Balance at end of financial year 1,085,035 800,000 1,885,035 2006 Fundraising Reserve (i) Salary Recovery Fund $ $ Total $ Balance at beginning of financial year 838,133 1,345,299 2,183,432 Transf