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National Health Funding Body Statement of Changes in Equity for the year ended 30 June 2020

National Health Funding Body Statement of Changes in Equity for the year ended 30 June 2020

Retained earnings

Total equity

Original Budget

2020
$

2019
$

2020
$

2019
$

Opening balance

Balance carried forward from previous period

1,556,548

1,423,358

1,556,548

1,423,358

1,398,000

Comprehensive income

Surplus/(Deficit) for the period

744,174

133,190

744,174

133,190

(220,000)

TOTAL COMPREHENSIVE INCOME

744,174

133,190

744,174

133,190

(220,000)

CLOSING BALANCE

2,300,722

1,556,548

2,300,722

1,556,548

1,178,000

CLOSING BALANCE ATTRIBUTABLE TO THE AUSTRALIAN GOVERNMENT

2,300,722

1,556,548

2,300,722

1,556,548

1,178,000

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