Statement of changes in equity for the period ended 30 June 2018
|
2018 |
2017 |
2018 |
|
|
CONTRIBUTED EQUITY |
|||
|
Opening balance |
1,775 |
1,208 |
1,775 |
|
Transactions with owners |
|||
|
Distributions to owners |
|||
|
Reduction to appropriation |
(38) |
- |
- |
|
Contributions by owners |
|||
|
Departmental capital budget |
414 |
567 |
414 |
|
Closing balance |
2,151 |
1,775 |
2,189 |
|
RETAINED SURPLUS |
|||
|
Opening balance |
8,450 |
7,918 |
6,796 |
|
Comprehensive income |
|||
|
Surplus/(deficit) for the period |
(1,159) |
532 |
(1,122) |
|
Closing balance |
7,291 |
8,450 |
5,674 |
|
ASSET REVALUATION RESERVE |
|||
|
Opening balance |
763 |
1,899 |
1,899 |
|
Comprehensive income |
|||
|
Other comprehensive income |
- |
(1,136) |
- |
|
Closing balance |
763 |
763 |
1,899 |
|
TOTAL EQUITY |
|||
|
Opening balance |
10,988 |
11,025 |
10,470 |
|
Comprehensive income |
|||
|
Surplus/(deficit) for the period |
(1,159) |
532 |
(1,122) |
|
Other comprehensive income |
- |
(1,136) |
- |
|
Total Comprehensive income |
(1,159) |
(604) |
(1,122) |
|
Transactions with owners |
|||
|
Distributions to owners |
|||
|
Reduction to appropriation |
(38) |
- |
- |
|
Contributions by owners |
|||
|
Departmental capital budget |
414 |
567 |
414 |
|
Total transactions with owners |
376 |
567 |
414 |
|
Closing balance |
10,205 |
10,988 |
9,762 |
Accounting policy
Equity injections
Amounts appropriated which are designated as ‘equity injections’ for a year (less any formal reductions) and Departmental Capital Budgets (DCBs) are recognised directly in contributed equity in that year.
The above statement should be read in conjunction wth accompanying notes.