Statement of Changes in Equity
For the Year Ended 30 June 2019
Note |
Retained Surplus $ |
Contributed Equity $ |
ACF Donations Reserve $ |
Richard Pratt Arts Scholarship Reserve $ |
Small Arts and Bus Dev Fund Reserve $ |
Assets Revaluation Reserve $ |
Total $ |
|
---|---|---|---|---|---|---|---|---|
Opening Balance 1 July 2017 |
766,785 |
590,284 |
1,094,471 |
18,706 |
48,388 |
- |
2,518,634 |
|
Comprehensive income |
||||||||
Surplus for hte year |
(5,617) |
- |
426,269 |
- |
- |
- |
420,652 |
|
Other comprehensive income |
- |
1,041 |
1,041 |
|||||
Total comprehensive income |
(5,617) |
- |
426,269 |
- |
- |
1,041 |
421,693 |
|
Movement in reserve |
- |
- |
- |
(18,706) |
- |
- |
(18,706) |
|
Balance at 30 June 2018 |
761,168 |
590,284 |
1,520,740 |
- |
48,388 |
1,041 |
2,921,621 |
|
Comprehensive income |
||||||||
Surplus/(deficit) for the year |
349,572 |
- |
2,201,911 |
- |
- |
- |
2,551,483 |
|
Total comprehensive income/(loss) |
349,572 |
- |
2,201,911 |
- |
- |
- |
2,551,483 |
|
Movement in reserve |
- |
- |
- |
(18,706) |
- |
- |
- |
|
Balance at 30 June 2019 |
1,110,740 |
590,284 |
3,722,651 |
- |
48,388 |
1,041 |
5,473,104 |
The above statement should be read in conjunction with the accompanying notes.
Visit
https://www.transparency.gov.au/annual-reports/australia-business-arts-foundation-ltd/reporting-year/2018-2019-35