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