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Consolidated Statement of Changes in Equity

Notes

Total equity

2019

2018

$

$

Opening balance

Balance carried forward from previous year

4,625,314

3,847,466

Adjusted opening balance

4,625,314

3,847,466

Comprehensive income

Other comprehensive income

-

-

Surplus/(loss) for the year

1,621,882

777,848

Total comprehensive income

1,621,882

777,848

Transactions with owners

Distributions to owners

-

-

Contributions by owners

-

-

Sub-total transactions with owners

-

-

Closing balance as at 30 June

7

6,247,196

4,625,314

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