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Consolidated Statement of Changes in Equity

For the year ended 30 June 2020

Accumulated deficit

Asset revaluation reserve

Other reserves

Contributed equity

Restated Total

Actual

Budget

Actual

Budget

Actual

Budget

Actual

Budget

Actual

Budget

$’000

$’000

$’000

$’000

$’000

$’000

$’000

$’000

$’000

$’000

Balance at 30 June 2018

(271,606)

442,932

9,998

791,214

972,538

Restatement1 - opening

(92,425)

-

-

-

(92,425)

Restated balance at 30 June 2018

(364,031)

442,932

9,998

791,214

880,113

Deficit for the year

(307,768)

-

-

-

(307,768)

Restatement1 - 2019

(176,321)

-

-

-

(176,321)

Restated deficit for the year

(484,089)

-

-

-

(484,089)

Other comprehensive income

Revaluation decrement

-

(53,808)

2

-

(53,806)

Restated total comprehensive deficit for the year

(484,089)

(53,808)

2

-

(537,895)

Transactions with owners

Government equity injection

-

-

-

28,461

28,461

Restated balance at 30 June 2019

(848,120)

(531,551)

389,124

389,087

10,000

10,011

819,675

819,675

370,679

687,222

Surplus/(deficit) for the year

124,215

(38,010)

-

-

-

-

-

-

124,215

(38,010)

Other comprehensive income

Revaluation increment

-

-

(2,655)

-

-

-

-

-

(2,655)

-

Total comprehensive surplus/(deficit) for the year on continuing operations

124,215

(38,010)

(2,655)

-

-

-

-

-

121,560

(38,010)

Transactions with owners

Government equity injection

-

-

-

-

-

-

81,194

78,800

81,194

78,800

Balance at 30 June 2020

(723,905)

(569,561)

386,469

389,087

10,000

10,011

900,869

898,475

573,433

728,012

  1. Refer to the Overview.

The above statement should be read in conjunction with the accompanying notes.