Statement of Changes in Equity
for the period ended 30 June 2019
|
Retained earnings |
Asset revaluation reserves |
Contributed equity |
Total equity |
||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|
2019 |
2018 |
Original Budget 2019 |
2019 |
2018 |
Original Budget 2019 |
2019 |
2018 |
Original Budget 2019 |
2019 |
2018 |
|
|
$'000 |
$'000 |
$'000 |
$'000 |
$'000 |
$'000 |
$'000 |
$'000 |
$'000 |
$'000 |
$'000 |
|
|
Opening balance |
|||||||||||
|
Balance carried forward from previous period |
(251,424) |
(215,459) |
(253,117) |
30,565 |
23,980 |
23,980 |
321,441 |
271,847 |
321,441 |
100,582 |
80,368 |
|
Prior year adjustments |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Adjusted opening balance |
(251,424) |
(215,459) |
(253,117) |
30,565 |
23,980 |
23,980 |
321,441 |
271,847 |
321,441 |
100,582 |
80,368 |
|
Comprehensive income |
|||||||||||
|
Surplus/(Deficit) for the period |
(45,211) |
(35,965) |
(43,175) |
- |
- |
- |
- |
- |
- |
(45,211) |
(35,965) |
|
Other comprehensive income |
- |
- |
- |
(1,034) |
6,585 |
- |
- |
- |
- |
(1,034) |
6,585 |
|
Total comprehensive income |
(45,211) |
(35,965) |
(43,175) |
(1,034) |
6,585 |
- |
- |
- |
- |
(46,245) |
(29,380) |
|
Transactions with owners |
|||||||||||
|
Contributions by owners |
|||||||||||
|
Equity injection - appropriations1 |
- |
- |
- |
- |
- |
- |
13,602 |
29,666 |
13,501 |
13,602 |
29,666 |
|
Departmental capital budget2 |
- |
- |
- |
- |
- |
- |
14,349 |
19,928 |
19,821 |
14,349 |
19,928 |
|
Total transactions with owners |
- |
- |
- |
- |
- |
- |
27,951 |
49,594 |
33,322 |
27,951 |
49,594 |
|
Closing balance as at 30 June |
(296,635) |
(251,424) |
(296,292) |
29,531 |
30,565 |
23,980 |
349,392 |
321,441 |
354,763 |
82,288 |
100,582 |
1. Departmental supplementation of $6.368 million for capital budgets recognised in 2017-18 but not appropriated in 2017-18 and have been excluded from 2018-19.
2. In 2018-19, the ABS was appropriated $6.334 million in Appropriation Bill (No. 3) which included $5.472 million of Departmental Capital Budget that was quarantined under section 51 of the Public Governance, Performance and Accountability Act 2013, and was reclassified to Departmental operating funding.
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 explanation of major variances between budgeted and actual amounts.
Visit
https://www.transparency.gov.au/annual-reports/australian-bureau-statistics/reporting-year/2018-2019-35