Archived decisions

Statement of total recognised gains and losses (STRGL)

This statement brings together all the gains and losses of the council for the year and shows

the aggregate increase in its net worth. In addition to the deficit on the Income and

Expenditure Account, it includes gains and losses relating to the revaluation of fixed assets

and re-measurement of the net liability to cover the cost of retirement benefits.

2006/07

2007/08

£'000

£'000

-17,032

Deficit for year on the income & expenditure account

-37,682

84,306

Net gains on revaluation of fixed assets

304,707

0

Adjustment to prior year revaluations

-10,263

17,672

Release of grants on assets transferred

0

2,700

Actuarial gain on pension fund assets and liabilities

204,050

165

External contribution towards debt outstanding on transferred services

110

174

Movement on other balances

0

87,985

460,922

37