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Statement of changes in equity

for the financial year ended 30 June 2019

Year ended 30 June 2019

Contributed equity
$’000

Retained earnings
$’000

Total Equity
$’000

Opening balance

60,536,831

85,210,339

145,747,170

Net operating result

-

16,727,461

16,727,461

Other comprehensive income

-

-

-

Total comprehensive income

-

16,727,461

16,727,461

Contributions made by Government

-

-

-

Closing balance

60,536,831

101,937,800

162,474,631

Year ended 30 June 2018

Contributed equity
$’000

Retained earnings
$’000

Total Equity
$’000

Opening balance

60,536,831

72,875,385

133,412,216

Net operating result

-

12,334,954

12,334,954

Other comprehensive income

-

-

-

Total comprehensive income

-

12,334,954

12,334,954

Contributions made by Government

-

-

-

Closing balance

60,536,831

85,210,339

145,747,170

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