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.
2007/08 |
2008/09 | ||||
£'000 |
£'000 | ||||
-37,802 |
Deficit for year on the Income & Expenditure Account |
-481,550 | |||
304,707 |
Net gains on revaluation of fixed assets |
183,326 | |||
-10,263 |
Adjustment to prior year revaluations and capital receipts |
-3,848 | |||
204,240 |
Actuarial gain on pension fund assets and liabilities |
-272,190 | |||
110 |
External contribution towards debt outstanding on transferred services |
162 | |||
460,992 |
|
-574,100 | |||
42