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Statement of Changes in Equity

for the year ended 30 June 2019

Share
capital

Revaluation surplus

Accumulated losses

Total
equity

$’000

$’000

$’000

$’000

Balance at 1 July 2017

286,723

26,616

(42,140)

271,199

Loss for the year

-

-

(3,796)

(3,796)

Revaluation of land and buildings

-

6,318

-

6,318

Income tax relating to these items

-

(1,895)

-

(1,895)

Total comprehensive income for the year

-

4,423

(3,796)

627

Transactions with owners in their capacity as owners

Contributions of equity

279,500

-

-

279,500

Balance at 30 June 2018

566,223

31,039

(45,936)

551,326

Balance at 1 July 2018

566,223

31,039

(45,936)

551,326

Loss for the year

-

-

(8,237)

(8,237)

Total comprehensive income for the year

-

-

(8,237)

(8,237)

Transactions with owners in their capacity as owners

Contributions of equity

301,450

-

-

301,450

Balance at 30 June 2019

867,673

31,039

(54,173)

844,539

The Statement of Changes in Equity should be read in conjunction with the accompanying notes.