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Consolidated Statement of Changes in Equity

Consolidated Statement of Changes in Equity

Attributable to owners of
ASC Pty Ltd

Share capital
$'000

Retained earnings
$'000

Total
equity
$'000

Balance at 1 July 2018

63,668

66,883

130,551

Opening balance adjustment due to application of AASB 15

0

150

150

Restated total equity at 1 July 2018

63,668

67,033

130,701

Profit for the period

0

30,272

30,272

Remeasurement of post-employment benefit obligations

0

-249

-249

Income tax relating to these items

0

75

75

Total comprehensive income for the year

0

30,098

30,098

Transactions with owners in their capacity as owners:

Dividend paid

0

-27,000

-27,000

In specie dividend / separation adjustment

0

-514

-514

Unwinding of the discount of share capital issue

1,003

0

1,003

1,003

-27,514

-26,511

Balance at 30 June 2019

64,671

69,617

134,288

Balance at 1 July 2019

64,671

69,617

134,288

Restated total equity at 1 July 2019

64,671

69,617

134,288

Profit for the period

-

22,557

22,557

Remeasurement of defined benefit obligations

-

-513

-513

Income tax relatiing to these items

-

154

154

Total comprehensive income for the year

-

22,198

22,198

Transactions with owners in their capacity as owners:

Dividend paid

-

-10,600

-10,600

In specie dividend / separation adjustment

-

70

70

Unwinding of the discount of share capital issue

300

-

300

300

-10,530

-10,230

Balance at 30 June 2020

64,971

81,285

146,256

The above Consolidated Statement of Changes in Equity should be read in conjunction with the Notes to the Consolidated Financial Statements