KU Financial Report
Statement of Changes in Equity
for the Financial Year Ended 31 December 2013
Balance at 1 January 2012
Surplus for the year
Transfer to / (from) retained earnings
Valuation gain recognised General
Funds
$
10,466,753
2,956,032
(3,374)
-
Fundraising Available for-
Reserve
Sale Reserve
$
$
1,192,584
477,759
-
-
3,374
-
-
611,371
Balance at 31 December 2012 13,419,411 1,195,958
Balance at 1 January 2013
Surplus for the year
Net transfers to /
(from) to retained earnings
Valuation gain recognised
Realised gain through profit & loss 13,419,411
2,868,786
(908,813) Balance at 31 December 2013 -
-
-
- Total
$
12,137,096
2,956,032
-
611,371
1,089,130 - 15,704,499
1,195,958
-
58,813 1,089,130
- -
-
850,000 15,704,499
2,868,786
-
-
- -
- 406,500
(1,495,630) -
- 406,500
(1,495,630)
15,379,384 1,254,771 - 850,000 17,484,155
The statement of changes in equity is to be read in conjunction with the attached notes.
118th Annual Report 2013
Program
Reserve
$