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Statement of Changes in Equity for the period ended 30 June 2018

Retained earnings

Asset revaluation reserves

Contributed equity

Total equity

2018

2017

Original Budget 2018

2018

2017

Original Budget 2018

2018

2017

Original Budget 2018

2018

2017

$'000

$'000

$'000

$'000

$'000

$'000

$'000

$'000

$'000

$'000

$'000

Opening balance

Balance carried forward from previous period

(215,459)

(197,845)

(215,565)

23,980

23,980

23,980

271,847

209,826

271,934

80,368

35,961

Prior year adjustments

-

(134)

-

-

-

-

-

-

-

-

(134)

Adjusted opening balance

(215,459)

(197,979)

(215,565)

23,980

23,980

23,980

271,847

209,826

271,934

80,368

35,827

Comprehensive income

Deficit for the period

(35,965)

(17,480)

(61,742)

-

-

-

-

-

-

(35,965)

(17,480)

Other comprehensive income

-

-

-

6,585

-

-

-

-

-

6,585

-

Total comprehensive income

(35,965)

(17,480)

(61,742)

6,585

-

-

-

-

-

(29,380)

(17,480)

Transactions with owners

Contributions to owners

Returns of capital

-

-

-

-

-

-

-

(87)

-

-

(87)

Contributions by owners

Equity injection - appropriations1

-

-

-

-

-

-

29,666

41,706

23,298

29,666

41,706

Departmental capital budget

-

-

-

-

-

-

19,928

20,402

19,928

19,928

20,402

Total transactions with owners

-

-

-

-

-

-

49,594

62,021

43,226

49,594

62,021

Closing balance as at 30 June

(251,424)

(215,459)

(277,307)

30,565

23,980

23,980

321,441

271,847

315,160

100,582

80,368

1. This includes departmental supplementation of $6.368 million for capital budgets recognised in 2017-18 but not appropriated in that year.

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 with the accompanying notes.

Refer to Overview for explanations of major variances between budgeted and actual amounts.

Visit

https://www.transparency.gov.au/annual-reports/australian-bureau-statistics/2018/financial-statements/statement-changes-equity