TOWN OF VICTORIA PARK NOTES TO AND FORMING PART OF THE FINANCIAL REPORT FOR THE YEAR ENDED 30 JUNE 2022

15.REVALUATION SURPLUS

Movements on revaluation of property, plant and equipment (including infrastructure) are not able to be reliably attributed to a program

Town Of Victoria Park

Notes To And Forming Part Of The Financial Report For The Year Ended 30 June 2022

16.NOTES TO THE STATEMENT OF CASH FLOWS

(a) Reconciliation of Cash

For the purposes of the Statement of Cash Flows, cash includes cash and cash equivalents, net of outstanding bank overdrafts. Cash at the end of the reporting period is reconciled to the related items in the Statement of Financial Position as follows:

Restrictions

The following classes of financial assets have restrictions imposed by regulations or other externally imposed requirements which limit or direct the purpose for which the resources may be used:

The restricted financial assets are a result of the following specific purposes to which the assets may be used:

(b)Reconciliation of Net Result to Net Cash Provided By Operating Activities