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105
HSRC Annual Report 2016/17
Statement of
Changes in Net Assets
for the year ended 31 March 2017
Note(s)
Revaluation
reserve
R’000
Total:
reserves
R’000
Accumulated
surplus
R’000
Total: net
assets
R’000
Opening balance at 1 April
2015
184,283
184,283
50,474
234,757
Surplus for the period (Restated)
-
-
31,545
31,545
Balance at 1 April 2016
184,283
184,283
82,019
266,302
Deficit for the period
-
-
(19,643)
(19,643)
Balance as at 31 March 2017
184,283
184,283
62,376
246,659