Statement of Changes in Equity
Infrastructure and Project Financing Agency |
|||||
---|---|---|---|---|---|
Statement of Changes in Equity |
|||||
for the period ended 30 June 2019 |
|||||
2019 |
2018 |
Original Budget |
|||
Notes |
$ |
$ |
$ |
||
CONTRIBUTED EQUITY |
|||||
Opening balance |
|||||
Balance carried forward from previous period |
105,000 |
- |
105,000 |
||
Contributions by owners |
|||||
Equity injection - Appropriations |
- |
105,000 |
- |
||
Total transactions with owners |
- |
105,000 |
- |
||
Closing balance as at 30 June |
105,000 |
105,000 |
105,000 |
||
RETAINED EARNINGS |
|||||
Opening balance |
|||||
Balance carried forward from previous period |
913,274 |
- |
874,000 |
||
Comprehensive income |
|||||
Surplus / (deficit) for the period |
(201,930) |
913,274 |
(912,000) |
||
Total comprehensive income |
(201,930) |
913,274 |
(912,000) |
||
Closing balance as at 30 June |
711,344 |
913,274 |
(38,000) |
||
TOTAL EQUITY |
|||||
Opening balance |
|||||
Balance carried forward from previous period |
1,018,274 |
- |
979,000 |
||
Comprehensive income |
|||||
Surplus for the period |
(201,930) |
913,274 |
(912,000) |
||
Total comprehensive income |
(201,930) |
913,274 |
(912,000) |
||
Transactions with owners |
|||||
Contributions by owners |
|||||
Equity injection - Appropriations |
- |
105,000 |
- |
||
Total transactions with owners |
- |
105,000 |
- |
||
Closing balance as at 30 June |
816,344 |
1,018,274 |
67,000 |
||
The above statement should be read in conjunction with the accompanying notes. |
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.
Statement of Changes in Equity Current Report Period (2018-19)
Visit
https://www.transparency.gov.au/annual-reports/infrastructure-and-project-financing-agency/reporting-year/2018-2019-22