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Health Services Charitable Gifts Board (HSCGB)

Financial statistics
Total income: $13 million
   
Total assets: $117 million
   
Total trust assets: $15 million

Significant events and transactions
  • During the year the HSCGB disposed of an investment property for proceeds of $4.1 million. A loss of $50 000 was recognised in the Statement of Comprehensive Income.
  • The Minister for Health advised the HSCGB in August 2016 that Cabinet had approved the transfer of the role of Trustee of the South Australian Health and Medical Research Institute Charitable Health Trust from the HSCGB to a new trustee at the South Australian Health and Medical Research Institute.

Financial statement opinion
Unmodified