4 Special Purpose Funds Year Ended 2014 Balance at the beginning of the year Transfer to/(from) Special Purpose Funds Balance at the end of the year LWB Aboriginal & Torres Strait Islands Childrens Foundation $’000 2,968 83 3,051 Carol Peltola Research Funds $’000 Total $’000 81 3,049 (40) 43 41 3,092 199 3,116 Year Ended 2013 Balance at the beginning of the year Transfer to/(from) Special Purpose Funds Balance at the end of the year 2,917 51 2,968 (118) 81 (67) 3,049 LWB Aboriginal & Torres Strait Islands Childrens Foundation This fund has been established with the specific aim of furtherance of the welfare of Aboriginal and Torres Strait Islander children in NT. Any funds contributed to the company in relation to this fund will be transferred from accumulated funds to Special Purpose Funds at the end of each year to ensure that the funds are used in accordance with the purpose of the fund. A plan will be finalised in the 2015 financial year for the appropriate expenditure in accordance with the purpose of the fund. Carol Peltola Research Funds During the financial year the consolidated group has authorised the transfer of $30,000 to the fund as well as a payment of $70,000 to the Griffith University for support of the Life Without Barriers Carol Peltola Children’s Research Chair. Funds at the end of the financial year are only to be used to further the fund’s objectives and any expenses related to the fund will be deducted from the special purpose fund.