City Care Performance report 2006 Page 38
3
The accompanying accounting policies and notes form part of these financial statements
Note
2006
$000's
2005
$000's
Equity at beginning of year
15,222
12,03
Recognised revenue and expenses
Net surplus for the year
3,353
1,2
Revaluation of land
14
2,320
-
Total recognised revenues and expenses
5,673
1,2
Contribution by owners
Issue of redeemable preference shares
-
2,00
Distribution to owners
Dividends paid to shareholders
(216)
(840)
Equity at end of year
20,679
1,222
For the year ended 30 June 200
statement of
movements in equity
