Statement of Changes in Equity

The Statement of Changes in Equity provides details on the movements in equity (funds to be held for the nature and purpose of the reserves for future use), during the year, as reported in the Statement of Financial Position. Please refer to the notes below for the purpose of the reserves and for a full understanding please see the detailed notes on pages 11 - 45 accompanying the financial statements in the full Financial Report.

	Accumulated funds	Specific purpose funds ¹	Property fund reserve ²	Blood Service special reserve ³	Blood Service Capital Reserve ⁴	Investment revaluation reserve ⁵	Total
	$'000	$'000	$'000	$'000	$'000	$'000	$'000
SOCIETY
Year ended 30 June 2011
Balance as at 1 July 2010	252,252	39,374	100	11,697	19,278	1,110	323,811
Net surplus for the year	116,243	-	-	-	-	-	116,243
Other comprehensive (loss)/gain for the year	(701)	-	-	-	-	570	(131)
Transfers to / (from) fair value reserves	100	-	(100)	-	-	-	-
Transfers to / (from) specific purpose funds	(21,092)	21,092	-	-	-	-	-
Transfers to / (from) accumulated funds	(27,612)	-	-	18,052	9,560	-	-
Balance as at 30 June 2011	319,190	60,466	-	29,749	28,838	1,680	439,923
Year ended 30 June 2012							-
Net surplus for the year	39,409	-	-	-	-	-	39,409
Other comprehensive (loss) / gain for the year	(8,808)	-	-	-	-	(1,619)	(10,427)
Transfers to / (from) specific purpose funds	11,494	(11,494)	-	-	-	-	-
Transfers to / (from) accumulated funds	(32,893)	-	-	18,416	14,477	-	-
BALANCE AS AT 30 June 2012	328,392	48,972	-	48,165	43,315	61	468,905

NON BLOOD HUMANITARIAN SERVICES
Year ended 30 June 2011
Balance as at 1 July 2010	86,856	39,374	100	-	-	1,110	127,440
Net surplus for the year	17,357	-	-	-	-	-	17,357
Other comprehensive gains for the year	60	-	-	-	-	570	630
Transfers to / (from) fair value reserves	100		(100)	-	-	-	-
Transfers to / (from) specific purpose funds	(21,092)	21,092	-	-	-	-	-
Balance as at 30 June 2011	83,281	60,466	-	-	-	1,680	145,427
Year ended 30 June 2012							-
Net surplus for the year	1,148	-	-	-	-	-	1,148
Other comprehensive gains for the year	(209)	-	-	-	-	(1,619)	(1,828)
Transfers to / (from) specific purpose funds	11,494	(11,494)	-	-	-	-	-
BALANCE AS AT 30 June 2012	95,714	48,972	-	-	-	61	144,747
1 The Specific Purpose Fund represents Grant Income received but not spent, and is reported in accordance with the Grant terms. 2 The Property Fund reserve records capital surplus made on sale of freehold land and buildings. 3 Blood Service Special Reserve records net income and expenditure relating to special activities of Blood Service, including fee-for-service activities. 4 Blood Service Capital Reserve records retained surplus less capital expenditure relating to various capital funded programs or funds received for the purpose of future capital expenditure. 5 Investment revaluation reserve comprises the cumulative net change in the fair value of available-for-sale investments until the investment is recognised.